https://www.bisnow.com/rss-feed/chicago Bisnow Chicago News https://www.rssboard.org/rss-specification en-US Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/commercial-real-estate/mars-factory-overhaul-stalls-as-candy-makers-chicago-expansion-accelerates-135647 https://www.bisnow.com/news/chicago/commercial-real-estate/mars-factory-overhaul-stalls-as-candy-makers-chicago-expansion-accelerates-135647 The Mars Wrigley factory has been closed since 2024, with developer McCaffery Interests tapped to redevelop the site. Fri, 31 Jul 2026 14:31:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/commercial-real-estate/fulton-market-keeps-building-chicago-development-stalls-135574 https://www.bisnow.com/news/chicago/commercial-real-estate/fulton-market-keeps-building-chicago-development-stalls-135574 Fulton Market has 1,280 of the 3,000 units under construction downtown as rising costs push developers toward areas where they can achieve higher rents. Mon, 27 Jul 2026 15:45:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/commercial-real-estate/cre-marketing-execs-say-ai-cut-production-time-muddied-traffic-data-135559 https://www.bisnow.com/news/chicago/commercial-real-estate/cre-marketing-execs-say-ai-cut-production-time-muddied-traffic-data-135559 Marketing processes have been upended as AI adoption becomes more mainstream and more commercial real estate companies dip their toes into the new tech. Fri, 24 Jul 2026 17:15:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/deal-sheet/the-chicago-deal-sheet-135506 https://www.bisnow.com/news/chicago/deal-sheet/the-chicago-deal-sheet-135506 Read about a major potential industrial deal and other stories in this week's Chicago Deal Sheet. Tue, 21 Jul 2026 16:05:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/office/chicago-ranks-third-ai-job-growth-office-market-stands-to-benefit-135497 https://www.bisnow.com/news/chicago/office/chicago-ranks-third-ai-job-growth-office-market-stands-to-benefit-135497 AI firms’ square footage in Chicago reached 308K SF at the halfway point of the year. Mon, 20 Jul 2026 18:51:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/economic-development/108-acre-hawthorne-race-course-to-trade-bankruptcy-sale-potential-closure-135435 https://www.bisnow.com/news/chicago/economic-development/108-acre-hawthorne-race-course-to-trade-bankruptcy-sale-potential-closure-135435 An unknown corporate buyer operating under the name Allimac 2023 LLC offered $90M for the 108-acre site as a stalking horse bid. Wed, 15 Jul 2026 15:26:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/deal-sheet/mapletree-industrial-development-investment-chicago-deal-sheet-135407 https://www.bisnow.com/news/chicago/deal-sheet/mapletree-industrial-development-investment-chicago-deal-sheet-135407 Read about a major groundbreaking and other deals in Chicago this week. Tue, 14 Jul 2026 16:15:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/economic-development/chicago-fire-stadium-could-get-west-loop-tif-boost-135395 https://www.bisnow.com/news/chicago/economic-development/chicago-fire-stadium-could-get-west-loop-tif-boost-135395 The City Council Finance Committee is set to consider a plan Monday that would rework the site's TIF subsidy to transfer money from a nearby TIF district. Mon, 13 Jul 2026 14:44:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/multifamily/chicagos-older-apartments-are-running-out-of-room-to-raise-rent-135389 https://www.bisnow.com/news/chicago/multifamily/chicagos-older-apartments-are-running-out-of-room-to-raise-rent-135389 Rental rates for Chicago’s renters-by-necessity have increased from about $1,000 per month in 2010 to nearly $1,700 in 2026 year-to-date. Sun, 12 Jul 2026 14:20:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/office/thompson-center-google-downtown-office-leasing-135365 https://www.bisnow.com/news/chicago/office/thompson-center-google-downtown-office-leasing-135365 The heart of Chicago's downtown is preparing for Google to occupy more than half of the Thompson Center, with many spaces still available for lease. Thu, 09 Jul 2026 15:13:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/healthcare/why-jdl-sees-healthcare-as-crucial-foundry-park-megaproject-135342 https://www.bisnow.com/news/chicago/healthcare/why-jdl-sees-healthcare-as-crucial-foundry-park-megaproject-135342 The proposed healthcare portion of the site is capable of supporting up to 200K SF of medical office space. Wed, 08 Jul 2026 16:21:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/deal-sheet/chicago-deal-sheet-135323 https://www.bisnow.com/news/chicago/deal-sheet/chicago-deal-sheet-135323 Read about a big multifamily buy and other deals in Chicago this week. Tue, 07 Jul 2026 18:31:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/adaptive-reuse/lawsuit-against-developers-of-184m-lasalle-street-conversion-allowed-to-continue-135283 https://www.bisnow.com/news/chicago/adaptive-reuse/lawsuit-against-developers-of-184m-lasalle-street-conversion-allowed-to-continue-135283 The revamp of 105 W. Adams St. is one of six projects on the LaSalle Street corridor set to undergo office-to-residential conversions. Thu, 02 Jul 2026 14:02:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/office/stripe-more-than-doubles-office-footprint-chicago-lease-expansion-135267 https://www.bisnow.com/news/chicago/office/stripe-more-than-doubles-office-footprint-chicago-lease-expansion-135267 The tech company has reached a new agreement for more than 222K SF at 350 N. Orleans St. Stripe will move into the space over the next couple of years. Wed, 01 Jul 2026 16:43:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/deal-sheet/the-chicago-deal-sheet-135239 https://www.bisnow.com/news/chicago/deal-sheet/the-chicago-deal-sheet-135239 Read about a major Prologis buy and other deals in Chicago this week. Tue, 30 Jun 2026 17:24:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/economic-development/the-parking-problem-that-chicago-developers-want-to-build-around-135227 https://www.bisnow.com/news/chicago/economic-development/the-parking-problem-that-chicago-developers-want-to-build-around-135227 Developers are seeking to capitalize on the cost savings to buildings that come with less parking. Mon, 29 Jun 2026 13:28:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/office/blackstone-originated-loan-default-601w-companies-135188 https://www.bisnow.com/news/chicago/office/blackstone-originated-loan-default-601w-companies-135188 An office building in Chicago's West Loop has defaulted on a $343M loan, adding to the distress of the city's office market. Thu, 25 Jun 2026 14:42:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/affordable-housing/holsten-real-estate-development-sell-portfolio-135120 https://www.bisnow.com/news/chicago/affordable-housing/holsten-real-estate-development-sell-portfolio-135120 Holsten Real Estate Development is selling its 17-property affordable housing portfolio. Wed, 24 Jun 2026 12:02:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/office/glenstar-acquires-west-loop-office-tower-steep-discount-135133 https://www.bisnow.com/news/chicago/office/glenstar-acquires-west-loop-office-tower-steep-discount-135133 A prominent distressed building in Chicago's West Loop has sold for a reportedly steep discount from its previous purchase price. Tue, 23 Jun 2026 14:39:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/deal-sheet/pjp-holdings-elgin-industrial-chicago-deal-sheet-135056 https://www.bisnow.com/news/chicago/deal-sheet/pjp-holdings-elgin-industrial-chicago-deal-sheet-135056 Read about the latest deals in Chicago this week. Wed, 17 Jun 2026 17:19:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/office/menashe-properties-closes-third-chicago-office-deal-135038 https://www.bisnow.com/news/chicago/office/menashe-properties-closes-third-chicago-office-deal-135038 CEO Jordan Menashe told Bisnow that the building is about 60% leased, with good in-place cash flow to build spec suites and pursue leases. Wed, 17 Jun 2026 11:51:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/office/sidley-austin-set-to-anchor-new-related-midwest-skyscraper-135044 https://www.bisnow.com/news/chicago/office/sidley-austin-set-to-anchor-new-related-midwest-skyscraper-135044 The deal marks a significant turn for the Chicago office market, which earlier this year saw its construction pipeline hit zero for the first time since 2012. Tue, 16 Jun 2026 12:38:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/industrial/chicago-big-box-industrial-developers-slowly-turn-the-spigot-back-on-135007 https://www.bisnow.com/news/chicago/industrial/chicago-big-box-industrial-developers-slowly-turn-the-spigot-back-on-135007 Even though new construction has ticked up, rents have remained effectively flat year-over-year for large industrial properties. Fri, 12 Jun 2026 11:09:00 -0400 Bisnow (https://www.bisnow.com) https://www.bisnow.com/news/chicago/commercial-real-estate/former-cha-official-charged-in-48m-housing-kickback-scheme-134949 https://www.bisnow.com/news/chicago/commercial-real-estate/former-cha-official-charged-in-48m-housing-kickback-scheme-134949 Ryan Ross, a former Chicago Housing Authority official, is accused of receiving kickbacks from Vanessa Rhodes of Twenty Eleven Construction. Wed, 10 Jun 2026 09:30:00 -0400