Quote:
Originally Posted by Belacqua
Funny that this came up yesterday--I heard yesterday, from what seems to be a reliable source, that the building/conversion may not continue in its planned form. I assume the physical renovation will go on as planned (it's pretty far underway) but its no longer clear that it will ultimately be an office condo, as they don't seem to have found enough buyers. So it may just end up being regular rental space.
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Wouldn't surprise me at all - office condos are not taking off in Chicago. There have been some deals of course (Erikson Institute being a very recent high profile example), but this will probably remain a very small market...
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