Bradford Allen is pleased to share with you our Q1 2021 Downtown Chicago Office Market Report. This quarter in the downtown office market: The overall sublet availability rate rose from 3.83% to 3.87%, quarter over quarter. Quarter over quarter, overall direct availability and vacancy rose to 19.19% from 17.90%, and to 13.47% from 11.98%, respectively. … Read more
Bradford Allen is pleased to share with you our Year-End 2020 Suburban Chicago Office Market Report. This quarter in the suburban office market: Year over year, the overall sublet availability rate increased from 1.94% to 2.99%. From year-end 2019 to year-end 2020, direct vacancy and availability rose from 19.55% to 21.95% and 24.16% to 26.18%, … Read more
Bradford Allen is pleased to share with you our Q4 2020 Downtown Chicago Office Market Report. This quarter in the downtown office market: The overall sublet availability rate doubled from 1.90% to 3.83%, year over year. Quarter over quarter, direct availability and vacancy rose to 17.90% from 16.51% and to 11.98% from 10.86%, respectively. Overall, … Read more
Bradford Allen is pleased to share with you our 2020 third quarter office market report. This quarter in the downtown office market: Direct net absorption was positive 150,562 s.f., posting a total of 303,703 year to date. Year over year, direct availability rose from 14.02% to 16.51%. Year over year, gross average asking rates dropped … Read more
Bradford Allen is pleased to share with you our 2020 mid-year Chicago suburban office market report. This quarter in the suburban office market: Net absorption was positive 77,400 s.f. for the quarter but negative 422,822 s.f. at mid-year. From year-end 2019 to mid-year 2020, availability rose 24.16% to 24.73% and direct vacancy rose 19.55% to … Read more
Bradford Allen is pleased to share with you our 2020 second quarter Chicago office market report. This quarter in the downtown office market: Net absorption was negative 540,590 s.f. for the quarter and positive 153,141 s.f. for the year. Quarter over quarter, direct availability rose to 15.71% from 14.69% and vacancy rose to 10.26% from … Read more
Bradford Allen is pleased to share our Q1/20 Downtown Chicago Office Market Report. This quarter in the downtown office market: Direct net absorption was positive 693,731 s.f. Year over year, direct availability rose from 13.90% to 14.69%. Year over year, direct average asking rates climbed to $42.18 from $41.42. To read the full report, click … Read more
This year in the suburban office market: Net absorption was positive 331,551 square feet for the quarter, but negative 516,840 square feet for the year. From mid-year to year-end, direct availability dropped from 25.11% to 24.16%, while direct vacancy rose from 19.16% to 19.55 Overall, the direct asking rate was $24.73 p.s.f. To … Read more
Bradford Allen is pleased to share our Q4/19 office market reports. This quarter, in the downtown office market: This quarter in the downtown office market: Net absorption was positive 1.12 million square feet for the quarter and positive 2.32 million square feet for the year. Quarter over quarter, direct availability rose to 14.35% from … Read more
Bradford Allen is pleased to share our Q3/19 office market reports. This quarter, in the downtown office market: Direct net absorption was positive 402,062 s.f., posting a total of 1,257,481 s.f. year to date ear over year, direct availability declined from 14.1% to 14.02% Year over year, gross average asking rates climbed to $42.37 p.s.f. … Read more
Bradford Allen makes your business its priority. No matter whether that’s when purchasing, leasing, or sub-leasing, our agents are experts in negotiating for your benefit.
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Bradford Allen makes your business its priority. No matter whether that’s when purchasing, leasing, or sub-leasing, our agents are experts in negotiating for your benefit.
Bradford Allen makes your business its priority. No matter whether that’s when purchasing, leasing, or sub-leasing, our agents are experts in negotiating for your benefit.
