Wednesday, June 10, 2026
Family Office Briefing on research byTranswestern·May 2, 2025

Chicago CBD Office Research Report - Q1 2025

Chicago CBD office market shows signs of positive absorption despite high vacancy rates — family offices should consider co-GP opportunities with disciplined operators.

OfficeChicagoIllinoisQ1 2025

Key Metrics

MetricValue
Vacancy Rate21.9%
Net Absorption-405,968SF
Class A Absorption182,037SF
Total Availability29.4%
Asking Rent42.63PSF

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

Building a thesis around Chicago? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent office strategies.

Peer Network · By Invitation

The Thesis Exchange

Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.