News
CAP MARKETS: SHOW RESTRAINT
April 5, 2012
| Chicago has had a slower recovery than the other major gateway markets in the US, says Zeller Realty Group founder Paul Zeller, who will share his thoughts on the Chicago office market to a full house at Bisnow's State of Office event April 24 at Trump Chicago. | ||
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| Paul posits that there will be "an interesting flight to quality" in the office market, "particularly if the capital markets can show some restraint and not field another round of new development." More development, he tells us, is something the market currently does not need. (So no soliciters, please.) | ||
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| And yes, Paul added, "there will be some exciting sculpture news to be announced at a future date." As a patron of public art, Paul put "Forever Marilyn" by Seward Johnson at Pioneer Court on Michigan Avenue, but we've always had a soft spot for the outsized statue Paul put there before that: Seward's "God Bless America," featuring the American Gothic duo. | ||
