MB Real Estate is releasing our 4th Quarter 2010 Chicago Market Overview, a quarterly report that tracks trends, analyzes data, and provides you with our forecast for the Chicago CBD and Suburban Markets.
Direct Vacancy decreased slightly in the CBD while increasing slightly in the suburbs. Sentiment has trumped employment fundamentals leading to positive demand in the CBD before the job market warranted it. Nonetheless until job creation overcomes losses resulting from the recession, vacancy is expected to climb further.
In addition to the Chicago Market Overview, please reference our in-depth 4th Quarter 2010 Submarket Snapshots, which include highlights and analysis of each of the Chicago submarkets that MB Real Estate tracks.
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