Chicago's industrial market continued to experience improving market fundamentals during the first quarter:
- Positive net absorption of 4.7 million SF
- Vacancy rate improved to 7.20%
- Construction completions totaled 5 million SF
- 12 million SF under construction
Please take a closer look at first quarter industrial market activity which includes charts, graphs and tables highlighting historic market fundamentals, significant sale and lease transactions for the overall industrial market as well as a breakdown by submarket.
Download the complete industrial review.