Bleeding continues in downtown Chicago office market

The downtown Chicago office vacancy rate was flat in the third quarter, but more pain is coming as downsizing continues, according to CBRE.

Office demand increases in suburbs, vacancy still hurting

Chicago's suburbs saw the second-best quarter for office demand since before the pandemic despite the market recording its 15th consecutive ...

The Real Deal Chicago on X: "The downtown Chicago office ...

The downtown Chicago office vacancy rate was flat in the third quarter ... Bleeding continues in downtown Chicago office market. From ...

Downtown Chicago office landlords reel as vacancy stays high

Coglianese said the market remains drastically different for top-tier, or Class A, buildings that are in high demand compared to lower-tier or ...

SIOR panel discusses Chicago office market distress

Panelists agreed that the long-term viability of Chicago's office buildings remains uncertain. Class B and C buildings especially are facing ...

Foreclosure risks, days on market remain high for Chicago office ...

... downtown Chicago have a median of 642 days on the market, which is much. ... You don't see that in a market where there's blood in the streets,” ...

Chicago to hand $150M to real estate developers to transform ...

Chicago will grant $150 million in subsidies to real estate developers to convert unused office space in the once-vibrant downtown district into hotels and ...

An End to the Bleeding - National Association of REALTORS®

The downtown office market is still bleeding and, unfortunately, will not participate in the recovery. ... Chicago, IL 60611-4087 800-874 ...

The long-awaited tipping point? A bit of good news for Chicago's ...

What about vacancy rates? Colliers reported that the total office availability rate in the downtown Chicago market fell this quarter to 29.1%. That's still a ...

Chicago's Downtown Needs New Blood-Transwestern quoted in ...

Chicago's Downtown Needs New Blood April 21, 2016 | By Brian J. Rogal CHICAGO—The new office towers won't do too much to upset the current ...

The Office Market Is Still In The Doldrums, But Properties Around O ...

The suburban office market continues to bleed, but one submarket managed to limit the damage from the coronavirus pandemic.

The Real Deal: Harrison Street raises $2.5B for student housing ...

Harrison Street raises $2.5B for student housing, data centers; Bleeding continues in downtown office market… and more. Prologis sorts out portfolio with ...

CoStar | #1 Commercial Real Estate Information Company

CoStar, the world leader in commercial real estate information, has the most comprehensive database of real estate data throughout the US, Canada, ...

Monthly Archives: March 2014 - Bradford Allen

... downtown Chicago office market, real estate company Lincoln Property Co. and investment manager PIMCO are preparing to put the 29-story office tower at 230 W.

EVIDENCE POINTS TO STRONG OFFICE MARKET IN `85

More than 5 million square feet of new office space in Chicago`s central downtown area, coupled with another 5 million square feet of space ...

Northwestern Memorial Hospital | Chicago, IL

Northwestern Memorial Hospital is an academic medical center in the heart of downtown Chicago with physicians, surgeons and caregivers representing nearly ...

How empty office buildings are setting cities on a doom loop

Office building troubles bleed into the banking sector. Commercial ... continues to drop," Aviram said. The "urban doom loop". It all ...

Downtown Chicago Office Market Reports | Avison Young US

The dichotomy of the Chicago CBD office market continued in Q3 2024, as high-quality, well-positioned buildings performed well while the lower-class segment ...

GR Office Market Stabilizes | Crain's Grand Rapids Business

GRAND RAPIDS—Maybe the bleeding has stopped. Occupancy in the downtown office market remained steady from last year, while the rate in the suburban office ...

The 'burbs are still an office draw – REJournals

The 'burbs are still an office draw ... office market outside the influence of downtown Chicago. ... bleeding-edge technology to be a must, even in the suburbs.