Chicago’s real estate picture not looking good

Predictions for the future in any aspect of business tend to accent the positive. It makes things so much more comfortable for the forecaster. So it’s noteworthy that the real estate firm Grubb & Ellis Co. is rather downbeat in its 2011 outlook for commercial real estate in Chicago.While the company sees a slow recovery taking hold across the country in all types of leasing, it said Chicago will ...

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