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Family Office Briefing on research byTranswestern·May 3, 2024

Chicago Industrial Research Report - Q1 2024

Chicago industrial vacancy rate increased to 5.2% in Q1 2024 — family offices should consider co-GP opportunities amid slowing demand.

IndustrialChicagoIllinoisQ1 2024

Key Metrics

MetricValue
Direct Vacancy Rate5.2%
Net Absorption2.7MSF
Overall Vacancy Rate5.5%
Under Construction16.0MSF

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

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