Crain's Chicago / March 13th, 2017
Crain’s Chicago reports: The Chicago commercial real estate market is going strong, but its comeback isn’t complete.
Six years after the market hit bottom, an index of Chicago-area commercial property values is still about 7 percent shy of its 2007 pre-crash peak. But the price measure, tracked by Real Capital Analytics and Moody’s Analytics, rose a healthy 7.1 percent in 2016, the seventh straight annual gain for the Chicago market, fueled by a growing economy, low interest rates and an ample supply of debt.
View the full article on Crain’s Chicago: Landlord to See Cool-down in Values, but No Big Chill.