June Market Beat - Direct Vacancy Rate for CBD's 30 Newest Building Falls to 9.9%.

The MBRE Index, which is compiled of the 30 newest office buildings built in Chicago's CBD, continues to show positive demand for Class A buildings. The direct vacancy rate of these buildings has fallen to 9.9%. However, the direct vacancy rate for the entire CBD increased to 16.1% in the 1st Quarter. Click the image below to learn what this means for the Chicago office market.