According to CBRE’s latest Marketview of the office market in Chicago’s suburbs, two major trends have been prevalent. One is a ‘flight to quality’, with tenants moving from Class B to Class A properties. The other has been a rise in institutional investment – for the first time in years. Across the market as a whole, the direct vacancy rate is 19% and has been falling. The average rental has been USD21.81 per square foot per month and has been rising.  Net absorption in the H115 has been around 200,000 square feet.

Source : August 2015/CBRE/Chicago/OFF