Category Archives: Market Reports

Q3 Chicago Big Box Report – Warehouse Vacancy Dramatically Decreases

Colliers releases Q3 Big Box warehouse statistics for Chicago.  Notable trends include: Vacancy decreased from 10.49% to 9.72% – a significant quarter over quarter drop 2.7 million SF were absorbed in Q3 – more than the 1.1 million SF absorbed … Continue reading

Posted in Market Reports | Leave a comment

Industrial Vacancy Falls to Lowerst Level Since 2006

The local industrial real estate market has completed its comeback from the crash. The vacancy rate for Chicago-area industrial space fell to 8.4 percent in the second quarter, down from 8.5 percent in the first quarter and 9 percent a … Continue reading

Posted in Market Reports | Leave a comment

Chicago Top Metro Area for Corporate Projects

Site Selection Magazine names Chicago as the metro area with the most corporate investment projects in 2013 (http://www.siteselection.com/issues/2014/mar/metros.cfm).                                

Posted in Market Reports | Leave a comment

Q2 2013 Chicago Metro Industrial Report – demand for space plummets

Although the vacancy rate for the second quarter remained steady at 9%, demand for industrial space steeply declined.  Net absorption in Q2 was 199,000 SF compared to over 6,000,000 SF in Q1.  Speculative construction remains weak with only 200,000 SF … Continue reading

Posted in Market Reports, Uncategorized | Leave a comment

Q2 2013 Chicago Big Box Report

Vacancy for Chicago Big Box fell 56 basis points from the Q1 to 10.63%. The completion of Home Depot’s 1.6 million SF build-to-suit at the Elwood Intermodal was the largest transaction of the year and marks the second million SF … Continue reading

Posted in Market Reports | Leave a comment

Second Quarter 2013 Suburban Chicago Office Market Report

Chicago suburban office maintains the lowest vacancy in four years. Full report

Posted in Market Reports | Leave a comment