Downtown Chicago office leasing inches up from pandemic lows

Chicago’s office market in 2025 topped a benchmark it hadn’t touched since the pandemic cratered demand.  Tenants leased 10.3 ...
The Real Deal

Downtown Chicago office vacancy arrows up alongside trophy rents

Downtown Chicago’s office market just notched another grim milestone, but the pain isn’t evenly distributed. The central business district’s vacancy rate climbed to 28 percent in the third quarter, up ...
Washington Examiner

Chicago downtown office space vacancy rate jumps to record high levels

(The Center Square) – With Chicago’s downtown office vacancy rate now at a record-high 28%, Illinois Policy Institute researcher LyLena Estabine says city policymakers have become their own worst ...
The Business Journals

Chicago office conversions gain momentum as rent gap widens between Class A+ and older spaces

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The widening rent gap between ...
Ibj.com

Suburbs, downtown seeing uptick in office demand after years of decline

The office-centric phase two of Bottleworks District is expected to wrap up toward the middle of next year. Several finished spaces are already filled. (IBJ photo/Chad Williams) After more than five ...
Chicago Tribune

Editorial: Chicago dealt another blow from a familiar corporate citizen. This time it’s Walgreens.

If you need more evidence of how badly downtown Chicago is struggling to recover from the pandemic, look no further than two recent pieces of news. The first wasn’t surprising. The office vacancy rate ...