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WPP, Charles Schwab look to offload more office space: Two sublease listings are a painful reminder for landlords that some big downtown tenants are still trying to figure out their post-COVID workspace needs in a market where vacancy recently topped 25% for the first time

Subjects: *OFFICE buildings; *COVID-19 pandemic; *LANDLORD-tenant relationsCHARLES Schwab Corp. 001307974 CHARLES Schwab Corp. CHARLES Schwab Corp. 001307974 001307974 CHARLES Schwab Corp. 001307974 SCHW

  • Source: Crain's Chicago Business. 4/29/2024, Vol. 47 Issue 17, p8-8. 1p.

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Mart reboot: A $60 million-plus makeover of the mammoth structure will test the ability of older downtown buildings to compete with new hot spots in an office market transformed by COVID.

Subjects: *OFFICE building leasing & renting; *SHOWROOMS; *COVID-19

  • Source: Crain's Chicago Business. 1/24/2022, Vol. 45 Issue 4, p1-1. 1p.

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West Loop landmark handed over to lender: Distress from COVID-19 fallout is starting to pile up in the downtown office market.

Subjects: *COVID-19; *COMMERCIAL mortgage-backed securities; *CENTRAL business districts

  • Source: Crain's Chicago Business. 11/22/2021, Vol. 44 Issue 47, p8-8. 1p.

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Why small offices might be a bigger deal post-COVID: Bite-size floor plates handicapped some landlords before the pandemic. Shrinking workspace needs, however, could change all of that.

Subjects: *COVID-19; *PANDEMICS; *CENTRAL business districts

  • Source: Crain's Chicago Business. 11/1/2021, Vol. 44 Issue 44, p3-3. 1p.

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WHAT COVID DID TO LUNCH: The virus left a mark on downtown restaurants.

Subjects: *COVID-19; *CENTRAL business districts; *LUNCHEONS

  • Source: Crain's Chicago Business. 5/24/2021, Vol. 44 Issue 21, p3-3. 1p.

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COVID pushes downtown office vacancy to record high: It's the fallout from new buildings opening, virtually no leasing activity, companies trying to shed space amid the pandemic and questions over remote work's future.

Subjects: *COVID-19; *BUSINESS records; *PANDEMICS

  • Source: Crain's Chicago Business. 1/18/2021, Vol. 44 Issue 3, p12-12. 1p.

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Apartment market sinks downtown, swims in suburbs: Occupancy in the city's core is at its lowest level since at least 1998, dragged down by the pandemic and civil unrest. But step into the suburbs and it's a different world.

Subjects: *SOCIAL unrest; *SUBURBS; *CENTRAL business districts

  • Source: Crain's Chicago Business. 11/23/2020, Vol. 43 Issue 47, p8-8. 1p.

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Downtown office vacancy rises amid weakened market: Vacancy rose to its highest level in nine years. But the real COVID-19 pain still hasn't set in.

Subjects: *COVID-19; *CENTRAL business districts; *OFFICES

  • Source: Crain's Chicago Business. 10/19/2020, Vol. 43 Issue 42, p6-6. 1p.

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N.Y. investor shopping Naperville office complex: Is there a bright future for suburban offices amid the COVID crisis? Stabilis Capital Management hopes so.

Subjects: *COVID-19; *CENTRAL business districts; *OFFICESNEW York (N.Y.); NAPERVILLE (Ill.)

  • Source: Crain's Chicago Business. 9/21/2020, Vol. 43 Issue 38, p15-15. 1p.

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Downtown has huge oversupply of homes for sale: In a year that has seen life disrupted, there are enough homes on the market to fuel a year of sales.

Subjects: *CENTRAL business districts; *HOME sales; *HOUSING marketLOOP (Chicago, Ill.)

  • Source: Crain's Chicago Business. 9/7/2020, Vol. 43 Issue 36, p6-6. 1p.

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  • 1-10 of  55 results for ""CENTRAL business districts""