Ryan Wangman

3 days ago | bisnow.com | Ryan Wangman

Retail tenants are moving through the stages of grief as rental rates climb and available space vanishes in Chicago’s tightening retail market. Baum Realty principal Deena Zimmerman joked at Bisnow’s Chicagoland Retail Summit that the tenants she represents move a little closer toward acceptance of the current state of the market every day.

5 days ago | bisnow.com | Ryan Wangman

Primera Group is pursuing tax increment financing from the city for its $183M proposal to convert the Clark Adams building at 105 W. Adams St. from office to residential as another LaSalle Street Reimagined project takes shape. The Department of Planning and Development is set to recommend Tuesday that the city's Community Development Commission authorize it to enter into a redevelopment agreement that would see TIF funds cover $67.5M of the conversion.

6 days ago | bisnow.com | Ryan Wangman

Bank OZK has entered into a contract to sell a tract of land it took over from Sterling Bay that was once envisioned as part of the developer’s stalled Lincoln Yards megaproject. Chicago-based JDL Development is exclusively negotiating with the bank to purchase the site, sources told Crain's Chicago Business. Bank OZK gave the developer a 60-day window to vet the purchase before the payment JDL made to go under contract becomes nonrefundable, multiple sources told the outlet.

1 week ago | ourcommunitynow.com | Ryan Wangman

Share After a turbulent month of tariff policy from the Trump administration, Chicago’s industrial market could emerge as a winner and score big nationally, according to new reports. The region’s central location, infrastructure and energy access position it well to take advantage of increased momentum toward onshoring. A lack of new supply coming online soon — just 1.5M SF of new construction broke ground in Q1 — could also drive up rents for vacant space.

1 week ago | bisnow.com | Ryan Wangman

After a turbulent month of tariff policy from the Trump administration, Chicago’s industrial market could emerge as a winner and score big nationally, according to new reports. The region’s central location, infrastructure and energy access position it well to take advantage of increased momentum toward onshoring. A lack of new supply coming online soon — just 1.5M SF of new construction broke ground in Q1 — could also drive up rents for vacant space.