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Family Office Briefing on research bySavills·Jul 5, 2023

Downtown Chicago 2023 Q2 Market Report

Downtown Chicago office leasing activity shows mixed signals in Q2 2023 — family offices should consider co-GP opportunities with strong operators.

ChicagoIllinois2023

Key Metrics

MetricValue
Availability Rate27.3%
Asking Rental Rate43.37$/sf
Class A Asking Rental Rate50.05$/sf
Quarterly Leasing Activity2.0msf
Available Sublease Space7.6msf

Metrics extracted from the source report and independently fact-checked. Method →

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