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Brookfield Properties: Owner: Brookfield Properties: No. of stores and services: 109 [1] No. of anchor tenants: 5: Total retail floor area: 887,071 sq ft (82,412 m 2) [1] No. of floors: 1 (2 in Macy's) Public transit access: Champaign–Urbana Mass Transit District: Website: marketplacemall.com
The Champaign Downtown Commercial District is a commercial historic district encompassing 19.4 acres (7.9 ha) in downtown Champaign, Illinois.The district includes some of the oldest parts of the city's downtown, and its buildings represent the city's development in the late nineteenth and early twentieth centuries.
According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
A commercial area is real estate intended for use by for-profit businesses, such as office complexes, shopping malls, service stations, bars and restaurants. It may be purchased outright by a developer for future projects or leased through a real estate broker. This type of property falls somewhere between residential and industrial property.
The Champaign–Urbana metropolitan area, also known as Champaign–Urbana and Urbana–Champaign as well as Chambana (colloquially), is a metropolitan area in east-central Illinois. As defined by the Office of Management and Budget (OMB), the metropolitan area has a population of 235,608 as of the 2023 U.S. Census Bureau estimate, which ranks ...
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Built in 1916, the five-story, Commercial style building was designed by architect Harry Roberts Temple. The five-story brick building features a copper cornice and terra cotta decorations. The building's facade is divided into a first-floor base, shaft, and capital at the top, a feature of Commercial style buildings modeled after Classical ...
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