Family Office Briefing on research byLee & Associates·Apr 25, 2023
2023 Q1 Chicago - Retail
Chicago retail market shows strong demand with 3.9 million SF increase in 12 months — family offices should consider co-GP opportunities with active operators.
Key Metrics
| Metric | Value |
|---|---|
| Net Absorption | 3,842,304SF |
| Vacancy Rate | 5.33% |
| Avg NNN Asking Rate | 20.88$/SF |
| SF Under Construction | 2,918,547SF |
Metrics extracted from the source report and independently fact-checked. Method →
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