Family Office Briefing on research byTranswestern·Feb 14, 2025
Chicago CBD Office Research Report - Q4 2024
Chicago CBD office market faces record high vacancy at 22.7% in Q4 2024 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Direct Vacancy Rate | 22.7% |
| YTD Net Absorption | -3.5Million SF |
| Available Sublet SF | 6.3Million SF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Transwestern
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.