LAS VEGAS—Indeed, Chicago is a city with broad shoulders, and you need only look to the retail market as proof. On its back after Safeway took a powder a few years back, leaving in its wake massive amounts of vacancy, there's new life being pumped into Windy City retail today. And, as Patrick Owens, senior vice president of retail services for Transwestern in the area attests, the charge is being led by new grocery concepts and restaurants. Did anyone say live, work, play?
In this exclusive RECon video interview, you'll also hear Owens discuss:
- The revitalization of the suburbs, and where the best bets are…and are not;
- The influx of new concepts;
- The need for redevelopment.
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
