Alby Gallun

Alby Gallun is a senior reporter with Crain’s Chicago Business. A Milwaukee native, Gallun spent more than three years at the Milwaukee Business Journal as a feature writer and a manufacturing and labor reporter. Before that, he covered the agriculture commodities markets for Reuters.

southfield-4_800
Development and Construction
//
Industrial Warehouses
Affinius, Prologis Pioneering Wooden Warehouse Construction in North America
As the use of mass-timber construction gains momentum in the multifamily development business, it is still taking baby steps in the U.S. industrial market. Last October, Affinius Capital and Seefried Industrial Properties attracted plenty of attention when they completed a 161,000-square-foot (14,900 sq m) wood-paneled warehouse outside Dallas, one of the first of its kind in the country, and more are planned or under construction.
June 12, 2023
 • 
Alby Gallun
screenshot-2023-04-24-115116-lasalle_900
Development and Construction
//
Chicago
Converting Chicago Office to Mixed Use on LaSalle Street
When the Field Building on Chicago’s LaSalle Street opened in 1932, it was a technological and architectural marvel, with high-speed elevators, drinking fountains, and even air-conditioning, a first for the city. Nearly a century later, the 1.3-million-square-foot (120,774 sq m) Art Deco landmark is a pioneer of a different sort.
April 24, 2023
 • 
Alby Gallun
ashwood-place-naperville-il800
Development and Construction
//
Leadership
Build-to-Rent Projects Weathering Higher Interest Rates, Shifting Strategies
In a market that has been disrupted by rising interest rates and unsteady financial markets, single-family rental investors and developers have not lost sight of the bigger picture. Demand for housing still exceeds supply.
March 8, 2023
 • 
Alby Gallun
ewnight_800
Development and Construction
//
Adaptive Use and Building Reuse
Bringing a Growing Employer to a Former General Electric Site in Indiana
After nearly eight years, workers are returning to a former General Electric factory in Fort Wayne. A complex financial package helped create a new home for one of Indiana’s largest employers at this postindustrial site in the U.S. Midwest.
Members Only
January 26, 2023
 • 
Alby Gallun
mg_6314_800allstate
Development and Construction
In the Midwest, Freeing Up Suburban Office for In-Demand Industrial
The office and industrial real estate markets have moved in opposite directions since the COVID-19 virus arrived on U.S. shores almost three years ago. In late October, Dermody Properties broke ground on an industrial mega-development on the former corporate campus of insurance giant Allstate.
December 14, 2022
 • 
Alby Gallun
04_willis-tower-repositioning_c-garrett-rowland-750
Development and Construction
//
Resilience and Sustainability
The Willis Tower’s $670 Million Makeover
Undermanaged and underinvested for years, the newly unveiled, amenity-rich Chicago redevelopment appears prescient.
November 2, 2022
 • 
Alby Gallun
ascent-800
Industry Voices
//
Architecture – Design
In Milwaukee, a 25-Story Mass Timber Apartment Building Makes an Ascent
New Land Enterprises is leasing up Ascent MKE, the tallest mass timber building in the world at 25 stories, in downtown Milwaukee, Wisconsin.
October 18, 2022
 • 
Alby Gallun
picture2_lasalle_ext_800
Economy, Market & Trends
//
Development and Construction
EB-5 Program Returns, but Some Issues Unresolved
When developer Michael Reschke opens his new hotel on LaSalle Street in Chicago’s Loop district in a few weeks, he will also be opening the door for dozens of overseas investors to live in the United States.
June 8, 2022
 • 
Alby Gallun
untitled-1_619_small
Economy, Market & Trends
Planning for a Retail Revival on Chicago’s Magnificent Mile
For decades, the storied North Michigan Avenue shopping district has been a key engine driving downtown Chicago’s economy. But a slow decline already underway before COVID-19’s arrival accelerated as restrictions to contain the pandemic kept many tourists and local shoppers out of stores. City officials and local leaders are trying to lay the foundation for a turnaround after the release of a report from a panel convened by the Urban Land Institute’s Chicago district council.
April 7, 2022
 • 
Alby Gallun
shutterstock_199121441_619
Development and Construction
//
Chicago
Condo Deconversions: Struggling Associations Look to Multifamily Investors
Investors who specialize in “deconverting” condo properties back into rentals are finding opportunities. But the deals take patience and fortitude.
March 23, 2022
 • 
Alby Gallun
Members Sign In
Don’t have an account yet? Sign up for a ULI guest account.
Forgot Password?