Articles About Vacancy

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 […]

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 […]