Chicago Industrial Submarket Report – Q2 2021

Vacancies drop down to historic lows in Q2.

August 02, 2021

Across the Chicago Industrial Market, the vacancy rate dropped 50 basis points to 4.9%, which is a historic low. Landlord favorable conditions are pushing asking net rents up $0.10 cents from the prior quarter to $5.49. Absorption is 3 million SF stronger year-over-year.

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