• The overall direct vacancy rate in the suburbs is at its lowest level in over 10 years, reaching 17.8%.
  • The direct vacancy rate in the Eastern East-West Tollway is down 130 basis points (bps) year-over-year, reaching 15.4% this quarter.
  • The gross asking rate in the O’Hare submarket for Class A product is up $1.74 per-sq.-ft., ending the quarter at $32.69.