Rockford mayor: Heating assistance, construction programs jeopardized by Trump freeze
Rockford Mayor Tom McNamara said a federal funding pause ordered by President Donald Trump has placed needed assistance ...
Sterling Bay pivots from Fulton Market office tower to residential property
The neighborhood has been a bright spot for new office construction, though Chicago is still lagging compared to previous ...
RE Journals19h
Downtown Chicago’s office vacancy rate hits record high, but Bradford Allen finds signs of improvement
Bradford Allen reported that the suburban Chicago office vacancy rate stood at 24.6% at the end of 2024, slightly up from 24% during the first half of the year. On a more positive note, Bradford Allen ...
Glenstar, Halloran betting $30M on Loop office tower renovation
Michael Klein’s firm and Patrick Halloran are renovating 200 South Wacker, an office building on the Chicago River.
Crain's Chicago Business20h
Investors buy Wacker Drive office tower, plan $30 million renovation
After buying the building at 200 S. Wacker for a fraction of its pre-pandemic value, Glenstar and a Minnesota investor will ...