MINNEAPOLIS—The Chicago firm has now bought several downtown properties here, and aims to renovate the buildings and take advantage of the healthy office market.

CHICAGO—Institutional investors have a growing interest in this sector, which experts expect to grow tremendously as users put increased emphasis on cloud computing.

CHICAGO—The Romeoville project would be the second-largest spec project of the past five years, and the largest currently planned or under construction.

CHICAGO—Conor CRE has decided to launch a second Elgin spec project after it quickly leased and sold the first in 2015.

CHICAGO—Office market fundamentals across the US showed no signs of a slowdown in the 4th quarter, with occupancy growing at a rate 1.3 times faster than new supply.

CHICAGO—The project team has achieved significant pre-leasing success over the past 12 months at the firm's two other I-55 speculative projects.

YPSILANTI, MI—The recent increase in interest rates will make borrowing more expensive and give all-cash buyers like Namdar a leg up on the competition.

CHICAGO—With giant REITs and other institutional investors taking on bigger roles in the development world, Alter officials say it is time for them to be more selective.