CHICAGO—The retail market in the Chicago region has held steady so far this year, with leasing activity strong in some markets, while spotty in others.
In its Fall 2019 Chicago Retail Overview report, Newmark Knight Frank states that among some of the key prevailing trends in the market include strong activity by food tenants that are expanding or debuting new dining concepts in the area. Other market forces impacting the markets are big-box retailers continuing to right-size their operations or relocating to locations with stronger demand.
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