Mid-Year 2013 Chicago Suburban Office Market Report

Chicago Suburban Mid-Year Market Report 2013 Improving Suburban Chicago Office Market Remains Tighter Than Statistics Suggest The suburban Chicago office market continued to improve during the first six monthsof the year. The overall, direct vacancy and sublease availability all slightly decreased to 18.3%, 17.4% and 2.7%, respectively. Although, the overall vacancy remains elevated at 18.3%, … Read more

First Quarter 2013 Chicago Downtown Office Market Report

Positive Underlying Tone Continues to Characterize Downtown Chicago Office Market The downtown Chicago office market finished the year on a positive note, and although the pace of improvement has leveled off, the market remains stable with a strong underlying bid for quality space. Overall vacancies declined nominally early this year and ended the first quarter … Read more

First Quarter 2013 Chicago Suburban Office Market Report

Suburban Chicago Office Market Signals Steady—Albeit Slow—Improvement Transaction activity within the suburban Chicago office market was relatively steady to begin the year, and a healthier tone continues to characterize the overall suburban market. Although the vacancy rate edged up during the first quarter from 18.3% to 18.6%, there continues to be ample interest from tenants … Read more

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