A Loop Office Tower Just Sold for the Price of Parking Lots
At roughly $65 per square foot, conversion math finally beats holding an obsolete asset.
CRE 360 Signal·Jul 20, 2026
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Adaptive Reuse
CRE 360 Signal editorial tag
4 published items
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Two Towers, One Cost Regime, Opposite Outcomes
Producer prices split construction inflation in two. Adaptive reuse is where that split gets settled.
The Office Glut Is Becoming the Housing Pipeline
Conversions hit a record 90,300 units as Chicago breaks ground on another.
The Office Denominator Is Shrinking
America is converting office to apartments at a record pace, and quietly repricing the stock.
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