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Downtown Chicago office market recovery continues, but it’s a slow and uneven climb Despite the spate of disappointing leading economic indicators and persistently high unemployment, the Chicago office market appears to be moving in the right direction, albeit slowly. The overall availability rate in Chicago’s central business district (CBD) remains elevated at 18.4%, but there are some other important statistical measures that offer reasons for cautious optimism. |
Cre Pulse 009: Chicago’s Resilient Suburban Office Market
Neil Bouhan
May 16, 2024
Chicago’s suburban office market is undergoing a period of intense transformation. But are the headlines about its unending struggles justified? Our latest report challenges the prevailing narrative, revealing a market
