data
bites
Smart real estate is driven by data. Dive into today's trends with these quick, fresh insights.
Subscribe-
September 6, 2024
Chicago's O’Hare International Airport sees increase in cargo Chicago’s O’Hare international airport saw a significant change in international and domestic cargo as increased trade, growth of...
-
August 12, 2024
Chicago big box leasing activity continues to thrive Big box leasing activity has continued to be a driving force for the strong demand seen within the Chicago market...
-
July 24, 2024
Office buildings within Chicago’s CBD are recovering faster than Chicago’s suburban offices Chicago’s office building utilization during the month of June 2024 reveals that office visitation is...
-
June 10, 2024
Chicago industrial average price per sf holds strong despite slowing activity Despite a slowdown in overall investment activity within the Chicago industrial market, the average price per sf has...
-
May 23, 2024
Out-of-market visitors to Chicago’s landmarks are recovering at various rates compared to pre-pandemic levels Traffic upticks at Chicago landmarks, as tourist numbers near pre-pandemic levels...
-
May 8, 2024
Chicago’s industrial landscape is seeing a decrease in both average lease term and landlord incentives Tenant uncertainty leads to decrease in average lease term and landlord incentives as tenants...
-
April 29, 2024
Office properties near Chicago’s suburban transit stations have performed better over the course of the pandemic Vacancy rates remain lower in areas within three blocks of commuter hubs...
-
March 21, 2024
Venture capital investment remains active in Chicago The biotech and life-science sector has led the way in regards to Chicago-based companies securing venture funding...
-
March 7, 2024
Chicago’s industrial sector rebalancing workforce dynamics Though job postings in several of Chicago's industrial industries have declined between 2022 to 2023, postings in the wholesale sector...
-
March 5, 2024
Downtown Chicago traffic trends continue to grow from their pre-pandemic averages Overall traffic crossing Chicago's bridges is on the rise, totaling over 114 million impressions in Q4 2023....
-
February 12, 2024
Chicago’s industrial supply vs. demand, a tricky balancing act Chicago's industrial sector sees robust demand despite record new deliveries. 20.5 msf of positive net absorption in 2023 outpaced 35...
-
January 29, 2024
For Chicago office space, quality and location are in high demand High demand shrinks trophy availability despite new deliveries in Chicago office market....
-
December 13, 2023
Chicago's industrial subleasing landscape: Trends, hotspots and dominant industries https://www.avisonyoung.us/w/friendly-journal-URL YTD 2023 sublet availability across the Chicago market has...
-
November 7, 2023
The availability gap is shrinking between CBD and Suburban markets within Chicago for Trophy/Class A office space The availability gap between CBD and Suburban Chicago markets for Trophy and Class...
-
Chicago industrial market sees big box inventory, buildings over 250,000 sf continue to perform wellOctober 24, 2023
Chicago industrial market sees big box inventory, buildings over 250,000 sf continue to perform well Big box inventory in Chicago industrial market continues to perform well as vacancy rates for...
-
September 21, 2023
Leasing activity across the Chicago Industrial market continues to surpass the rapid pace of new developments Demand increases and vacancy rates shrink as Chicago industrial market remains active...
-
August 28, 2023
From empty spaces to thriving places: the surging of Chicago industrial rental growth Chicago's industrial rental growth surges as rental rates rise and big box leases in the I-80 Corridor nearly...
-
August 14, 2023
Similar recovery of office leasing activity & CTA ridership in the Chicago CBD CTA ridership and Chicago CBD leasing activity have shown similar recovery patterns since 2020....
-
August 1, 2023
Under construction ground-breaking snapshot – Chicago Industrial Construction activity in the Chicago industrial market is showing signs of decline, with only 2.8 msf having started construction in...
-
June 14, 2023
Changes in Chicago office availability haven’t been equal Chicago office space availability shifts: Older buildings see growth while newer ones decline. The 2000s vintage had significant changes...