Real Estate Forecasting

Chicago's Waterfront Reckoning: Are Industrial Price Declines a Warning for the Broader Market?

For years, Chicago’s industrial real estate market has been a story of relentless growth, driven by a booming logistics sector and insatiable demand from e-commerce giants. But a new, troubling narrative is emerging from an unexpected corner of the city: its industrial waterfront zones. We're seeing a notable deceleration, even outright price declines, in areas once considered prime for development. The question for investors is no longer if this is happening, but what this highly localized downturn signals for the wider Chicago and Midwest markets.