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Navigating a New Normal: Impact of COVID-19 on Lease Characteristics in the Greater Chicago Office Market
Discover Key Insights on Office Market Trends: Download Our Joint Report with Cresa
In mid-2024, the office market continues to navigate rapid changes in workplace trends and office space use. Our joint report with Cresa examines these shifts, providing critical insights and data-driven analysis on the current state and future of the Chicago office market.
Key insights you’ll gain from this report:
- Impact on Gross Effective Rents: Understand how remote work and economic uncertainty have affected gross effective rents for commercial office buildings.
- Urban vs. Suburban Trends: Discover why suburban office markets have fared better in terms of vacancy rates compared to downtown areas.
- Class A and B Asset Analysis: Learn about the trends in occupiers moving to higher-quality assets to attract employees back to the office.
- Historical and Current Data: Analyze leasing data from 2017 through the first half of 2024, comparing pre-COVID, post-COVID, and the ‘new normal’ periods.
Fill out the form to access the report and uncover valuable insights.
