Local CRE Trends

Discover What’s New and Interesting in Our Backyard

Chicago is known as the cultural capital of the Midwest, with world-class architecture, a vibrant arts scene, and internationally renowned museums. It is also a top tourist destination – a record 54.1 million people visited the city in 2016, bolstered by vacationers and business travelers, the city reported.

As the third largest metropolis in the U.S., Chicago is also a global center for business, with strong representation in the finance, commerce, industry, technology, telecommunications and transportation industries.

Chicago is currently experiencing a construction boom, especially in the areas of residential development and office space. This is partially due to a population density shift; although the overall population has slowly declined in recent years, the population is shifting to the city's urban core as young, educated millennials are relocating from the suburbs and outlying areas.

The influx of top talent has bolstered the city's commercial real estate market, which is poised for continued growth. New commercial development has emerged as companies expand and move to the area in pursuit of the area's educated workforce.

About Fidelity National Financial

Fidelity National Financial, Inc. (FNF) is currently ranked #402 on the 2019 FORTUNE 500®*, and is among numerous defense, energy, media, hospitality and financial FORTUNE 500®* companies based in the region. Our Atlanta-based team of CRE professionals works in all facets of the industry, including power and energy projects, office buildings, industrial parks, multifamily housing, retail properties, government contracts, corporate transactions and more.

Discover what’s new and interesting in our backyard in the latest real estate news, provided courtesy of the FNF Newsdesk.

*From FORTUNE Magazine, June 2019 ©2019 Time Inc. Used under license. FORTUNE and FORTUNE 500 are registered trademarks of Time Inc. and are used under license. FORTUNE and Time Inc. are not affiliated with, and do not endorse products or services of, Fidelity National Financial.

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