Episode

Investors raise bet on downtown office recovery

Podcast: Crain's Daily Gist
Published: May 4, 2026
Duration seconds: 1395
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Canonical source: https://www.chicagobusiness.com
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Summary

Crain’s commercial real estate reporter Danny Ecker joins host Amy Guth to discuss the latest office deals around downtown, including a distressed loan for a West Monroe Street office tower that sold at steep discount, a West Coast tech firm eyeing a big expansion and more. Plus: Purdue Pharma’s $7.4 billion opioid settlement begins, with Illinois in line to get nearly $150 million; BMO turns to AI and quantum computing to predict earthquakes; Gold Coast retail space leased to celebrity brand Skims up for sale; and Chicago’s top contractors see growth as big projects offset market headwinds.