2018 Q4 Chicago Downtown Office Report

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Demand Rift Widens

Chicago’s Central Business District reported 3,496 of negative net absorption in the fourth quarter and ended the year with 1,365,000 square feet of positive net absorption. Although there was minimal negative net absorption in the fourth quarter, the delivery of 210 N. Carpenter with Google’s space still vacant was a factor in vacancy rate increasing by 10 basis points to 12.9 percent.


Office Report Chicago Downtown

2018 Q4 Chicago Downtown Office Report

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