Commercial Real Estate News Releases From Avison Young
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Chicago area witnesses 20-year record low industrial vacancy10 Aug 2021
"As expected, the industrial boom has continued well into the summer months, but new numbers help illustrate just how in-demand industrial building stock is in the Chicago area at the moment. According to a new report from Avison Young, the Chicago metro area has just witnessed a 20-year record low vacancy rate in the industrial segment. The Q2 2021 overall vacancy stood at just 6.4%, or nearly half of the record high of 12.3% back in 2009."