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Chicago Downtown Office Market Report 4Q’11 |
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2011 finishes on a positive note as the Downtown Chicago office market extends gains
Without question, 2011 was a year of improvement for the downtown Chicago office market. Certainly challenges remain, but the overall tone has improved with the re-emergence of stronger demand. In fact, the improvement appears to have accelerated during the fourth quarter as several key metrics posted strong gains.
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Chicago Suburban Office Market Report 4Q'11 |
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Improved demand fuels optimism for Suburban Chicago office market
In contrast to the two years immediately following the global financial crisis, the suburban Chicago office market ended 2011 on the upswing. Stronger demand and a healthier overall tone have the real estate community feeling decidedly more optimistic about a genuine recovery.
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