CRE Professionals See a Glass Half-Full in 2018

The nearly-decade long boom has changed and will continue to change Chicago’s skyline, with new projects like the Vista Tower getting built in response to the intense demand.

CHICAGO—There is little disagreement among Chicago-area real estate professionals that the regional market was consistently strong throughout the first half of 2018. However, according to a Mid-Year Chicago CRE Market Survey conducted by The Real Estate Center at DePaul University, there is no consensus about the future.

“There are many perspectives, and much to evaluate when considering the state of the commercial real estate markets in Chicago,” says Charles Wurtzebach, chair of the school’s real estate department and director of the center. “CRE professionals with ties to The Real Estate Center generally see the glass as half full.”