REmark: Chicago Suburban Market Class A Office Rent Growth (by city)
Over the past year, the Chicago suburban office market has seen significant rental rate growth. We took a deeper dive into the increase of gross asking rents for premier class A properties and found that in a subset of 71 properties, 60.56% saw positive growth, 30.99% saw no change and 8.45% experienced rent decreases. Properties that saw rent growth experienced an average 3.68% increase. In the infographic below, we break the subset down by city with properties in Chicago (O’Hare), Itasca, Rosemont and Evanston leading the way.