Chicago’s suburban office market ends 2015 on a positive note with decreased vacancy and positive net absorption.
4th Quarter 2015: Chicago Suburban #CRE #OfficeMarket Update
market stats
2nd Quarter 2014: Chicago Suburban #CRE #Retail Market Update
In the second quarter of 2014 the Chicago retail market is still experiencing a hit due to the closing of Dominick’s grocer in the market. Though consumer confidence remains strong and improving it is still taking time for the market to feel the full effects.
4th Quarter 2013: Suburban Chicago #Office Market
2013 ended statistically strong despite the fourth quarter being slower than the previous three quarters. Quarter four of 2013 found direct vacancy rise, lease rates rise and net absorption reduce.
4th Quarter 2013: Chicago Suburban #CRE #Retail Market Update
Into the second month of 2014, time to reflect on how the year ended in the Chicago area retail market. The Fourth quarter 2013 recap of the retail leasing activity for the Suburban Chicago market.
3rd Quarter 2013: Chicago Suburban #CRE #Retail Market Update
Third quarter 2013 recap of the retail leasing activity for the Suburban Chicago market.
3rd Quarter 2013: Suburban Chicago #Office Market
For the year 2013, the first three quarters have seen a positive net absorption and steady reduction in vacancy rates throughout the suburban Chicago office market. Unfortunately, leasing activity has slowed down lowering optimism that vacancies will continue to decline.