Office

The city's economic surge has left one sector waiting its turn: office.

But much of the current demand is for the best class A spaces in the most prestigious submarkets.

The South Loop has become one of the hottest submarkets, and that's giving new life to some of its historic structures.

ASB benefited from significant value creation during the term of its investment, and saw the opportunity to realize gains for its investors, while rebalancing its diversified real estate portfolio in line with allocation targets.

In addition, the REIT entered into three contracts to sell properties for another $73.2 million, expected to close in Q2 2018.

A roundup of recent deals, leases, executive moves, and other news from the past week.

Adam Felson of officemorph has a handful of recommendations to avoid receiving late change orders that can have a disastrous impact on your budget.

The co-founder of AOL told the audience at during MBA's CREF/Multifamily Housing Convention and Expo 2018 last week that they should rethink their relationships with customers, competitors and governments alike to be successful.