John Vance, Stone Real Estate Principal, Provides Insight to ABC 7 Chicago on Michigan Avenue and Chicago Loop Rebound

CHICAGO (WLS) — Vacancy rates in the Loop and the Magnificent Mile are up, but the I-Team is finding bright spots and reasons to be optimistic about Chicago’s retail future. “I’m hoping some new stores will come in,” a Mag Mile shopper said. “It doesn’t look good, it doesn’t look pretty,” remarked her friend. The corridor […]

Chicago Loop Retail Analysis – 2022 Data

CUT ME MICK (Rocky Balboa to his trainer, Mickey Goldmill, during his fight against Apollo Creed on January 1, 1976 in Philadelphia) After weathering the barrage of punches from the two-pronged attack of Covid and the subsequent Work from Home (WFH) trend, the Loop’s retail market is indeed battered and bruised. But the real story […]