Demand for industrial space remains strong as positive absorption continues at mid-year.
- Positive net absorption of 2.2 million SF
- Vacancy rate increased to 7.25% due to spec deliveries
- Construction completions totaled 3.5 million SF
- 17.4 million SF under construction
Please take a closer look at Chicago’s industrial market activity during the second quarter which includes charts, graphs and tables highlighting market fundamentals, and significant sale and lease transactions for the overall industrial market, as well as a breakdown by submarket.
Download the complete industrial review.