CHART OF THE WEEK: Chicago Office Subleases

0 CommentsBy

  • An analysis of the sublease spaces removed from the market over the past 12 months shows that a majority (56.8 percent) of them were on the market for six to 18 months and the average amount of time that all of the subleases spent on the market was exactly one year.
  • 29.9 percent of the space was leased in less than six months. Over half, or 52.2 percent, of those spaces were in the West Loop which is in line with the 53.0 percent share that the West Loop has of the total subleases removed.

Leave a Reply

Your email address will not be published. Required fields are marked *