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Chicago Industrial Vacancy Rates Lowest Since 2006

Crains-August 2014
The local industrial real estate market has completed its comeback from the crash.
The vacancy rate for metro Chicago industrial space fell to 8.4 percent in the second quarter, down from 8.5 percent in the first quarter. Vacancies are dropping amid growing demand for space among smaller and mid-sized businesses. The second quarter included 26 leases of 50,000 to 100,000 square feet, following 19 such deals in the first quarter.