CRE Office Pulse 005: Leaders & Laggards in the Pandemic

In our previous Office Pulse, we challenged the conventional view that the suburban Chicago office market was suffering from record-high vacancy rates brought on by the pandemic. In this follow-up, we set out to examine Chicago’s central business district (CBD) office market using a similar methodology to understand how the pandemic affected longer-term occupancy trends downtown. Chicago tenants are at a crossroads, and the data clearly reveal how Covid-19 caused a new disruption in the CBD.

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CRE Office Pulse 004: Chicago’s Suburban Office Market — More Competitive Than You Think

Suburban Chicago’s office vacancy rates may seem historically high, but the headline numbers overlook key details about the marketplace. Large, low-quality properties are having an outsized effect on the averages. Removing these “zombies” from the data shows the market is more competitive than you think.

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CRE Office Pulse 003: “Seize the Day, Seize the Deal”

The pandemic is not over, but with vaccination rates rising and public health mitigations easing, office market activity is picking up. Now may be the right time for landlords and tenants to act.

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CRE Office Pulse 002: “Then & Now The Lingering Side Effects of COVID-19”

One year into the pandemic we sat down with four senior brokers to reflect on the suburban and downtown office markets from the landlord and tenant representative perspectives.

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CRE Office Pulse 001: “Home from Work is Not Working from Home”

The COVID-19 pandemic caused a global recession and is affecting the office market landscape in fundamental ways. In this CRE Office Pulse, we explore the implications for Chicago’s landlords and tenants.

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