Chicago industrial 4Q industrial submarket report

Construction deliveries hit all time high as vacancies fall below 6 percent

February 12, 2021

23.9 million s.f. was delivered in 2020, a new high-water mark. 2020 net absorption surpasses 2019 tally by over 7 million s.f. Leverage is shifting to landlord's favor in several submarkets.

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