Second Quarter 2008 Chicago Downtown Office Market Report

Rents Hit Another Record HighLeasing activity was strong in the 2nd quarter, but a struggling economy,new construction and increasing sublease supply point to a downturn. Record Rental RatesThe current average asking rate, $30.15 PSF Gross, is another record high, and the 6th consecutive quarterly increase in rates. Rental rates will continue to rise over the … Read more

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