Articles About Vacancy

Author:
Tom Silva
Posted:
01.15.2009

Office Rental Rates Falling as Demand Slides: Part 2

According to a Grubb & Ellis report on the Chicago office market during the third quarter of 2008, vacancy rates increased slightly to 17.1 percent, versus the 16.9 percent reported during the second quarter.¬† Downtown Chicago reported a loss of 200,000 SF of occupied space during the third quarter, while the suburban office market posted […]

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Author:
John Coleman
Posted:
07.15.2008

Suburban Office Vacancies Rise

According to a recent Crain’s Chicago Business article, suburban office vacancy rates shot up to 13.1 percent during the second quarter of 2008.¬† That is the highest level in more than two years.¬†According to the commercial real estate services firm, Transwestern Commercial Real Estate, the vacancy rate is at its highest level since the first […]

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