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June 4, 2024

'We Suck Less, Finally’: Chicago Retail Is Climbing Back From The Worst Of The Pandemic

When moderator Mel Muoio of the Chicago Blackhawks asked panelists at Bisnow's Chicago Retail, Entertainment, Sports and Tourism event Wednesday at the Fifth Third Arena for one thing they wanted the audience to remember about retail before leaving, one panelist summed up her thoughts succinctly. 

“We suck less, finally,” Abbell Associates CEO Liz Holland quipped, to a chorus of laughs from the audience.

'We Suck Less, Finally’: Chicago Retail Is Climbing Back From The Worst Of The Pandemic

Holland’s tongue-in-cheek remark reflects the cautious optimism from retailers battling back from a brutal pandemic stretch that saw many tenants close up shop as customers stayed home and bought items from the comfort of their couches.Demand for Chicago retail space went up by almost 4M SF by the end of 2023, Lee…

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This Week's Chicago Deal Sheet

Lamar Cos. teamed up with Real Capital Solutions to acquire a 437K SF open-air shopping center in Geneva for an undisclosed sum. 

This Week's Chicago Deal Sheet

Geneva Commons, at 602 Commons Drive, is anchored by Barnes & Noble and Dick’s Sporting Goods, according to CommercialCafe. The new owners aim to build upon the property’s tenant mix to enhance the shopping experience. “Geneva Commons is well-positioned as the most dominant and productive lifestyle center in Chicago’s western suburbs,” Frank Maresca…

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‘The Best Place To Put Your Money': Rise Of Women’s Sports Could Have A Major Real Estate Ripple Effect

When the National Women’s Soccer League team now known as the Seattle Reign competed in the playoff semifinals in late 2021, all Jen Barnes wanted was to go to a local bar and watch the game. She couldn’t find one that had it playing.

‘The Best Place To Put Your Money': Rise Of Women’s Sports Could Have A Major Real Estate Ripple Effect

It was a lightbulb moment. About a year later, in December 2022, she opened Rough & Tumble Pub in Seattle, one of the first U.S. sports bars to play men’s and women’s events equally across its 18 screens. The pub was turning a profit within a few months, and this March, it brought…

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CyrusOne Plans Campus With 2 Data Centers, 3 Towers Near Chicago

CyrusOne Plans Campus With 2 Data Centers, 3 Towers Near Chicago  

Data center provider CyrusOne plans to develop a pair of new data centers in Aurora, Illinois, a project that will also include the construction of three 350-foot telecommunication towers. 

The company submitted plans to Aurora lawmakers last month for two new data centers totaling more than half a million square feet, with the campus slated for a 32-acre site directly across Interstate 88 from CyrusOne’s existing complex in the city,  the Chicago Tribune reports. The new Bilter Road…

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