Family Office Briefing on research bySavills·Jul 5, 2023
Downtown Chicago 2023 Q2 Market Report
Downtown Chicago office leasing activity decreased 17.9% year-over-year in Q2 2023 — family offices should consider co-GP opportunities amid rising availability rates.
ChicagoIllinois2023
Key Metrics
| Metric | Value |
|---|---|
| Leasing Activity | 2.0msf |
| Year-over-Year Leasing Activity Change | 17.9% |
| Availability Rate | 27.3% |
| Asking Rental Rate | 43.37$/sf |
| Class A Asking Rental Rate | 50.05$/sf |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
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