Chicago’s industrial market is one of the nation’s leaders in the recovery from the recession, with class-A availability rates falling and rent increases encouraging not only build-to-suit construction, but even speculative development across submarkets.
The year started off right for the local market, with the vacancy rate falling to 8.2 percent in the first quarter, the lowest mark since late 2001. Increased activity in Midwest manufacturing helped
Register to view the full article
This article is part of our premium content subscription. You need to subscribe to gain access to premium content.
Why Register for NREIonline? It's simple and free, and here is what you get:
• Access to leading real estate industry research.
• Interactive rankings of commercial real estate professionals.
• Submit your own articles, (if approved) which will appear around the site.
Already a member? Log in.