Market Share

The Official Blog for Commercial Real Estate

Tag: Chicago

Apartment in NYC

Hottest Rental Markets in the U.S. in 2025

  • December 23, 2025
Apartment hunting remained competitive across the U.S. this year, with Miami, Chicago and Manhattan leading the way for hottest rental markets.
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Apartment exterior - U.S.

Adaptive Reuse Hits Record 25K Apartments in 2024

  • December 2, 2025
Adaptive reuse projects surged to historic levels in 2024. Nearly 25,000 apartments were completed from converted structures across the U.S., a 50% jump over 2023 and double the total in 2022, a RentCafe.com report shows.
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Warehouse with workers

Industrial Market Numbers Aren’t Telling the True Story

  • September 2, 2025
A recent Wall St. Journal article reported that the U.S. industrial real estate sector has struggled for the past three years, reaching an 11-year high of 7.6% nationally – causing owners, investors and developers to take pause. But the numbers don’t always tell the full story. In fact, many U.S. industrial real estate markets are reverting to their historically healthy levels of supply and demand.
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Building exterior

Distressed or Value-impaired? Savvy Investors Understand the Difference

  • June 14, 2024
Since the early days of the COVID-19 pandemic, investors have been waiting on the sidelines to take advantage of distressed properties, hopeful that the event would trigger something akin to the steep discounts available during the Global Financial Crisis. However, banks have learned lessons from the GFC, and this time around have been more cautious to unload their book of CRE loans. As a result, there have been fewer distressed opportunities in this current economic cycle.
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Life sciences

What it Took to Build Chicago’s Largest Private Chemical Lab in Fulton Market

  • October 31, 2022

As much of Chicago’s office market struggles to regain its footing, the booming life sciences and biotech industry is poised to change the landscape in and around the downtown core. The fundamental problem is the lack of research and development and lab space to keep up with the demand. Hazel Technologies – a USDA-funded agricultural […]

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A Candid Conversation on Office Conversions

A Candid Conversation on Office Conversions

  • October 11, 2022

Converting existing buildings to new uses is a growing trend in commercial real estate. A session during NAIOP’s CRE.Converge 2022 in Chicago this week profiled three projects that provide valuable insights into successful conversions. The Curtis, Philadelphia In 2014, Keystone Development acquired The Curtis, an iconic 12-story office building in Philadelphia, with the goal of […]

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Bringing New Life to the North Side: Lincoln Yards and the Salt Shed

Lincoln Yards and The Salt Shed: Unique Developments on Chicago’s North Side

  • October 10, 2022

Along the banks of the Chicago River on the city’s North Side, new developments are arising that have the potential to revitalize this former industrial area. A tour during NAIOP’s CRE.Converge showcased two projects that are part of this effort. Sterling Bay’s Lincoln Yards is a massive new $6 billion mixed-use project that will eventually […]

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