Mid-Year 2020 Suburban Chicago Office Market Report

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 secures 180 N. Wacker leasing assignment in Chicago CBD

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

Q2/20 Downtown Chicago Office Market Report

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 secures 180 N. Wacker leasing assignment in Chicago CBD

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

Q1/20 Downtown Chicago Office Market Report

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

Bradford Allen secures 180 N. Wacker leasing assignment in Chicago CBD

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

Year-End 2019 Suburban Chicago Office Market Report

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 secures 180 N. Wacker leasing assignment in Chicago CBD

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

Q4/19 Downtown Chicago Office Market Report

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 secures 180 N. Wacker leasing assignment in Chicago CBD

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

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