The fundamentals driving the commercial real estate industry remain positive in many of the top metropolitan markets across the country, including Chicago. We are seeing strong job growth, population growth, and a ramping up of some of corporate America’s top companies.
A 27-property retail portfolio located in eight states in the Central US including 14 in Texas along with Colorado, Kansas, Missouri, Montana, Oklahoma, Utah and Wyoming was recently sold to a private buyer.
Since 2017, the Chicago area has seen a slight increase in investment within Opportunity Zones, while values in those areas have decreased.
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