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United States | Chicago, IL

Report | Chicago CBD Office Insight - Q3 2015

Summary

After a slow first half of the year, the trend of suburban tenants relocating to the CBD picked up in the third quarter. Motorola Solutions, Baxalta, and Kraft Heinz all signed third-quarter leases, which together will bring a total of more than 400,000 square feet of positive net absorption. 

To date, suburban companies have leased more than 800,000 square feet in the CBD, or 11.1 percent of the 2015 leasing activity in the city.

Learn more about what’s happening—and what we expect to occur in the coming months—in the Chicago CBD.

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