Family Office Briefing on research byTranswestern·Jun 23, 2023
Chicago CBD Subleases Research - 6.2023
Chicago CBD office sublease space reaches historic highs in 2023 — family offices should consider co-GP opportunities with operators in this evolving market.
ChicagoIllinois2023
Key Metrics
| Metric | Value |
|---|---|
| Available Sublease Space | 8,075,520SF |
| Sublease Market Share | 5.0% |
| Direct Vacancy Rate | 19.7% |
| Sublease Space Leased in 2023 | 226,242SF |
| Sublease Space Added in 2023 | 1,400,000SF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
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