Big Chains Crowd Chicago's Loop

National chains lease most of the retail space in downtown Chicago, squeezing out local and independent businesses.

1 minute read

February 12, 2003, 5:00 AM PST

By Abhijeet Chavan @http://twitter.com/legalaidtech

"In a shift that mirrors broader changes in retailing, national chains now lease most of the store space in downtown Chicago, an area that once was a bastion of independent merchants and entrepreneurial shopkeepers. Stone Real Estate conducted the study to determine whether to spend more time marketing vacant space to national firms."

Thanks to Dan Houston

Read the full story: Loop has national look as big chains crowd in

Tuesday, February 11, 2003 in The Chicago Tribune

Community / Economic Development Illinois

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