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Chicago’s Strong Retail Move-Ins Tied to Tight Demand, Corporate Expansions

Sites Like Wayfair and Guinness Open Gate Brewery Help Spur Market Forward
The former Carson Pirie Scott & Co. store in Wilmette, Illinois' Edens Plaza is expected to be the new home for e-retailer Wayfair. The site has since been remodeled for Wayfair's planned spring occupancy. (CoStar)
The former Carson Pirie Scott & Co. store in Wilmette, Illinois' Edens Plaza is expected to be the new home for e-retailer Wayfair. The site has since been remodeled for Wayfair's planned spring occupancy. (CoStar)
CoStar Analytics
March 27, 2024 | 3:28 P.M.

Despite lower retail leasing velocity since the pandemic’s onset, Chicago is still posting one of its most robust 12-month demand formations ever.

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