Armitage/ Damen/ Southport Survey – 2022

Stone Real Estate has completed its 2022 Armitage/Damen/Southport Retail Survey, an annual market analysis of Chicago’s three primary boutique neighborhood retail streets. In this sixth edition of the Survey, the data shows a mixed bag for these three corridors in 2022 and identifies their disparate leasing trajectories as follows: 1) Armitage remains the heavyweight followed […]


Chicago’s River North trade area vacancy rate dropped to 16.96% in 2022, down from 19.13% in 2021. River North bucked the trend of its Loop and Magnificent Mile neighbors with this improved market condition. Noah O’Neill, principal of Stone Real Estate Corp and co-author of Stone Real Estate’s River North Retail Analysis, sees the area’s […]

John Vance, Stone Real Estate Principal, Provides Insight to The Wall Street Journal on American Cities Thriving Again

American Cities Are Starting to Thrive Again. Just Not Near Office Buildings. Neighborhoods are benefiting from remote work By Konrad Putzier  and Kate King May 30, 2023 12:01 am ET As people spend more time at home, they frequent local shops, gyms and restaurants, boosting the economy of places such as Washington, D.C.’s Georgetown. PHOTO: PHOTO: AL DRAGO/BLOOMBERG NEWS […]