CHICAGO—While commercial real estate professionals in Chicagostill believe the local real estate market is strong, uncertaintymainly over state and local tax issues are causing some to take amore bearish view of the Windy City's fortunes going forward.
In the Second Annual Chicago Mid-Year CRE Sentiment Reportproduced by The Real Estate Center at DePaul University,approximately 52% of participants—down sharply from 69.8% a yearago—characterize the Chicago real estate market for the first halfof 2019 as consistently strong.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
