Commercial Real Estate Direct Staff Report Downtown Chicago’s office vacancy rate jumped to 20.7 percent at the end of 2022, putting it at its highest level ever, according to Colliers. It was up from 20.3 percent in the third quarter and 17.9 percent a year earlier. The market was clobbered by negative absorption, with 2.93 […]
The post Office Vacancy Reaches Record 20.7 Percent in Chicago’s CBD in 4Q appeared first on Commercial Real Estate Direct.
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