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Downtown Chicago 2023 Q4 Market Report
"Green shoots of optimism for Downtown Chicago office market amidst deeply changed dynamics"
We pride ourselves on our in-depth commercial real estate research. Our specialist teams offer insight into current market trends and predictions for the future to help you make the right real estate decisions.
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"Green shoots of optimism for Downtown Chicago office market amidst deeply changed dynamics"
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"An array of sizable renewals, plus 2023's largest US office lease, drove activity to a five-quarter peak"
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"Leasing activity slows in the fourth quarter as overall market activity remains low"
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"Fourth quarter leasing declines but remains higher than one year ago"
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"Seattle/Puget Sound direct and sublease availability show signs of stabilization"
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"Washington D.C. leasing velocity slows at year-end"
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"Leasing activity ends 2023 lower than 2022 as office space demand remains mostly expiration-driven"
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"Office availability rates continue their upswing despite new demand from generative A.I."
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"Despite largest office lease signed in Northern California, office space demand remains low"
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"Houston leasing activity slows while availability remains flat"