Year-End 2021 Suburban Chicago Office Market Report

Bradford Allen is pleased to share with you our Year-End 2021 Suburban Chicago Office Market Report.

This quarter in the suburban office market:

  • The overall sublet availability rate increased from 3.9% to 4.5%.
  • Overall direct vacancy and availability rates were 27.4% and 32.7%.
  • The market posted a $24.58 p.s.f. gross asking rate.
  • There was 1.1 million s.f. of negative absorption.

 

Share the Post:
Join our community for exclusive insights, market trends, and expert advice. Sign up for the Bradford Allen newsletter today!

Read our privacy policy here.

Tags

Related Posts

Not Sure Where To Start ?

Let Us Guide the Way

This is a paragraph placeholder in a few lines to go a little more in depth about this section, provide more context and value to the user.
Talk to An Expert

Back to Top