CRE News: What We’re Reading the Week of June 27th

Each week, The Elevator Speech summarizes a list of important news stories impacting our industry and the City of Chicago. Here are the news stories that caught our attention this week:

  • Navy Pier

    Officials released a $155 million plan to refresh Navy Pier, including expanding the Chicago Children’s Museum and the Chicago Shakespeare Theater and building a boutique hotel on the east side of the pier.

  • Jones Lang LaSalle’s Q2 report shows the national office market is continuing to grow, with more than 11 million square feet absorbed.
  • Transformers 3: Dark of the Moon, which was filmed in downtown Chicago last summer, debuted in theaters this week and features several BOMA/Chicago building members, as noted in our recent blog post. The Chicago Tribune had a local commercial real estate appraiser inspect the “damage” to Chicago’s downtown buildings and commercial real estate market.

These news items crossed our desk this week. Let us know what local commercial real estate or business news has made an impact on you.

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About BOMA/Chicago

The voice of Chicago's office building industry since 1902.
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