Since 1986, Spectrum Real Estate has been very active in the River North office and residential marketplace, with a specific emphasis on the rehabilitation and ownership of the “lofted” office variety. Together, with its construction affiliate Merger Industries, the principals have acquired, developed, and rehabbed both River North and Chicagoland properties, with a concentration in River North, a Soho-like area in which they were participants in the original pioneer effort of redevelopment for the area. Spectrum and Merger have contributed to the development of over 1,200,000 square feet of space in Chicago.