The vacancy rate increased to 26.3 percent amid decreasing demand, but vacancy is at 20.6 percent for Class A buildings.
CommercialEdge says the data marks a new, possible decades-long phase of the downturn for the office sector, which has lagged the broader commercial ... with sales prices in Chicago and Detroit ...
Chicago’s Wacker Drive is becoming a hotspot for investors with an appetite for distressed office properties offered at drastically reduced prices. Commercial real estate firm Glenstar and ...