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From high fashion to fast food, retailers battle for soul of Chicago’s Fulton Market
One of nation’s fastest-changing urban areas is still forming long-term identity Chicago’s Fulton Market has undergone major changes for more than a decade, including waves of new retailers. (iStock) By Ryan Ori | CoStar News | February 25, 2026 | 4:16 P.M. More than a decade into its run as one of the nation’s fastest-changing […]
Former McCormick & Schmick’s space on East Wacker gets a new tenant
A Mexican-American restaurant and bar is taking the place of the recently shuttered Loop steakhouse McCormick & Schmick’s. Espiritu, an upscale restaurant offering classic Chicago dishes with a Mexican twist, will occupy the 10,000-square-foot ground-floor retail space at 1 E. Wacker Drive, as well as 2,200 square feet of adjoining patio area along Wacker Drive, […]
Chicago Annual Loop Retail Analysis – 2025 Data
For the second year in a row, The Loop’s retail vacancy rate decreased with a significant drop to 28.53% versus 29.76% in 2024. Surprisingly, and perhaps a sign that a broader recovery has commenced across the entire Loop, State Street and the long-suffering Wacker & LaSalle corridors both reported significant increases in their respective occupancy […]