Finance N Illinois

The local advantage: Why national brands aren't always the best choice for commercial lending

As the economic recovery marches on, many small commercial real estate owners in the Chicago market are beginning to see a light at the end of the tunnel. National, regional and local tenants are increasingly filling vacancies in retail centers, office buildings and industrial parks that suffered during the Great Recession. Many municipalities are now eager to partner with local owners, recognizing the untapped potential in these developments to cater to area demands, create jobs and generate revenue.