Family Office Briefing on research byTranswestern·Jun 23, 2023
Chicago CBD Subleases Research - 6.2023
Chicago CBD office sublease space reaches historic highs in 2023 — family offices should consider co-GP opportunities with strategic operators.
ChicagoIllinois2023
Key Metrics
| Metric | Value |
|---|---|
| Sublease Space Inventory | 8,075,520SF |
| Direct Vacancy Rate | 19.7% |
| Sublease Space Leased in 2023 | 226,242SF |
| Sublease Space Added in 2023 | 1,400,000SF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Transwestern
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.