Blog
- By guzelka1
- July 18, 2021
- 0
- Market Updates
July 2021 Market Update
Office leasing is still at 70% of pre-pandemic levels; demand should recover in early 2022. The total number of leases signed is now close to pre-pandemic levels, but fewer tenants are leasing large blocks of space. Chicago saw a reduction in office sublease space in the second quarter. Office investment activity is about half of […]
- By guzelka1
- June 7, 2021
- 0
- Market Updates
June 2021 Market Update
Demand for office space in Chicago has increased by 150% since the beginning of the year, but demand is still 20% below its 2018-2019 average. One in four are back to working at the office in Chicagoland; one in three are now working from the office nationally. Office space available for sublease has roughly doubled […]
- By guzelka1
- May 11, 2021
- 0
- Market Updates
May 2021 Market Update
Most CEOs report that their employees will return to the office by fall 2021. But the increased pace of vaccinations has not yet led to a meaningful return to regular office usage, with only 22.5% working at the office. That said, leading indicators in the last quarter suggest we will see a significant return to […]
Recent Posts
- 22900 S Center Rd, Frankfort, IL – Development Land
- Guzel Lubinski Recognized as a Top Performing Broker
- 15330-15350 Cicero Ave, Oak Forest, IL 60452 – Industrial Portfolio
- 3033 Ogden Ave, Lisle, IL – Multi-Tenant Medical Office Investment
- 206, 210-212 E Irving Park Rd, Wood Dale – 4-Building Retail Portfolio
Recent Comments