Tom’s Recommended Reading for the Week A Chicago Masterpiece Rediscovered – Even though downtown Chicago has a worldwide reputation for great architecture, many of its treasures suffer from neglect and disinvestment. But an increasing number of businesses believe that occupying historically-significant space can bring a type of prestige that modern office buildings… Globe St. As Office Space Shrinks, … Read more
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Bradford Allen Brokers Nonprofit in Relocation, Expansion
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Chicago Downtown Office Market Report 2Q’13
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
Downtown Chicago Office Market Ends 2012 on the Upswing Despite all the challenges and questions facing the economy, there’s no denying that the downtown Chicago office market has been on the mend and finished the year on a positive note. Overall vacancies declined one full percentage point from the third quarter and ended 2012 at … Read more
Downtown Chicago Office Market Holds Steady, But Demand Points to Further Improvement Ahead The downtown Chicago office market ended the third quarter with overall availability and vacancy rates of 17.1% and 13.7%, respectively. Compared with the second quarter both are minor increases which can be attributed to the stagnant economic recovery and firms reducing their … Read more
Slight Improvement for Downtown Chicago Office Market The status quo remains, with the second quarter statistics for the downtown Chicago office market. This is especially true in the context of our current macroeconomic environment that seems perpetually on the edge of crisis. Throughout the first six months of the year, the overall availability rate in … Read more
Steady first quarter for downtown Chicago office market As 2011 drew to a close, the recovery in the downtown Chicago office market gained momentum, and the year ended on a positive note. Although activity was not quite as robust during the first quarter as compared to the flurry of activity in late 2011, the overall … Read more
2011 finishes on a positive note as the Downtown Chicago office market extends gains Without question, 2011 was a year of improvement for the downtown Chicago office market. Certainly challenges remain, but the overall tone has improved with the re-emergence of stronger demand. In fact, the improvement appears to have accelerated during the fourth quarter … Read more
Improved demand fuels optimism for Suburban Chicago office market In contrast to the two years immediately following the global financial crisis, the suburban Chicago office market ended 2011 on the upswing. Stronger demand and a healthier overall tone have the real estate community feeling decidedly more optimistic about a genuine recovery. Read Full Market Report
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.
