Wednesday, June 10, 2026
Family Office Briefing on research bySavills·Apr 27, 2023

Chicago Suburban 2023 Q1 Market Report

Suburban Chicago office market shows signs of life in Q1 2023 — family offices may consider co-GP opportunities with disciplined operators.

ChicagoIllinois2023

Key Metrics

MetricValue
Availability Rate30.9%
Quarterly Leasing Activity1.5msf
Asking Rental Rate26.69$/sf
Class A Asking Rental Rate30.03$/sf

Metrics extracted from the source report and independently fact-checked. Method →

Building a thesis around Chicago? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent real estate strategies.

Peer Network · By Invitation

The Thesis Exchange

Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.