Stone Real Estate recently released its Annual Chicago Loop Retail Analysis for 2024, (https://bit.ly/LoopRetail) which was featured in Crain’s Chicago Business (https://bit.ly/CrainsBiz)

There are three key points from this year’s findings with the first point being Gap Factory signing its lease at 17 N. State Street. Gap Factory’s entry back on to State Street is seen as the beginning of a positive trend toward more value retail concepts considering State Street.

State Street has struggled during this Work From Home (WFH) period, as The Loop’s office density generates a substantial amount of the pedestrian traffic and shoppers on State Street. With the pedestrian count back to near 2019 levels and the WFH trend on a slow and steady decline, State Street’s rebound has hopefully begun.

More to come regarding second and third points from the 2024 survey. Find Stone Real Estate's Chicago Annual Loop Retail Analysis, here: https://bit.ly/LoopRetail.