Family Office Briefing on research byLee & Associates·Jul 22, 2025
2025 Q2 Chicago, IL - Retail
Chicago retail sector experiences modest pullback with 405,000 SF of net absorption in Q2 2025 — family offices should consider co-GP opportunities amid structural tightness.
Key Metrics
| Metric | Value |
|---|---|
| Net Absorption | -405,000SF |
| Vacancy Rate | 4.89% |
| Average Asking Rate | 21.91$/SF |
| Sale Price | 190.75$/SF |
| Cap Rate | 7.87% |
| Under Construction | 758,218SF |
Metrics extracted from the source report and independently fact-checked. Method →
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