Report | Chicago Industrial Submarket Narratives - Q4 2014
The transportation and logistics sectors continue to thrive around the nation's largest inland port. Vacancy fell to 8.1 percent, and Chicagoland posted its 18th consecutive quarter of positive net absorption. This leaves leverage firmly in the landlord's favor, with rental rates now at $4.35 per square foot—a gain of 1.8 percent year-over-year.
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