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Chicago MarketBeat Reports

Linsey Smith • 7/16/2020
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

 

Learn more about our local markets and property types by clicking our most recent Chicago MarketBeat reports below.

 

The COVID-19 pandemic struck the U.S. in March 2020, late in the quarter but with enough time to have a significant impact on first quarter market fundamentals. In the second quarter of 2020, the U.S. economy felt its effects more fully, as government-mandated shutdowns along with shelter-in-place ordinances pushed the country deeper into recession.

Current Marketbeats

Office MarketBeat Report
Q2 2020 Chicago CBD Office Report

Through the first half of 2020, Chicago’s Central Business District (CBD) recorded a slowdown in new leasing activity with just 3.5 million square feet of new lease transactions.

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Office MarketBeat Report
Q2 2020 Chicago Suburban Office Report

The suburban Chicago office market reported heavy deceleration in the second quarter of 2020. Year-to-date leasing activity declined 18.5% year-over-year (YOY) to 1.9 million square feet with Q2 new leasing decreasing 56.4% YOY to 460K square feet.

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Industrial MarketBeat Report
Q2 2020 Chicago Industrial Report

The Chicago industrial market remained active throughout the first half of 2020 propelled by persistent demand from eCommerce users, who accounted for almost half (42.5%) of new leasing.

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Multifamily MarketBeat Report
Q4 2019 Chicago Multifamily Report

Multifamily demand reached a new high in 2019 as net absorption in the Chicago metro area surpassed 10,000 units. This record level of absorption helped push metro-wide vacancies to a four-year low.

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Featured Insights: Current U.S. MarketBeats

Q2 2020 U.S. Office MarketBeat Card Image
MarketBeat • Office

Office Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Kenneth McCarthy • 7/14/2020
Q2 2020 US Industrial MarketBeat Card Image
MarketBeat • Industrial

Industrial Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Jason Tolliver • 7/9/2020
Q2 2020 US Retail MarketBeat Card Image
MarketBeat • Retail

Shopping Center Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Garrick Brown • 7/14/2020

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