Three CBD submarkets posted positive absorption in Q1/26, while more than $320 million in office assets traded during the quarter. Demand remained focused on move-in-ready suites and well-located buildings. Read the full report.
Q1/26 OFFICE MARKET REPORT
Downtown Chicago
Chicago's downtown office market saw nearly 1.8 million square feet of completed deals in Q3/25. More than 40% of leasing activity occurred in the West Loop, while the Central Loop captured 33%. The market is in a period of transition, but committed, well-capitalized owners continue to win deals. Discover more in the reports.
Q3/25 OFFICE MARKET REPORTS
Downtown Chicago
Three CBD submarkets posted positive absorption in Q1/26, while more than $320 million in office assets traded during the quarter. Demand remained focused on move-in-ready suites and well-located buildings. Read the full report.Â
Find out more Positive net absorption returned to Chicago’s CBD in Q4/25 for the first time in nine quarters, while suburban office demand in the second half of the year remained focused on spec suites and well-located buildings. Learn more in our reports.
Find out moreChicago's downtown office market saw nearly 1.8 million square feet of completed deals in Q3/25. More than 40% of leasing activity occurred in the West Loop, while the Central Loop captured 33%. The market is in a period of transition but committed, well-capitalized owners continue to win deals
