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How Chicago's High Office Vacancies Rate Is Good For Tenants - Vimarsana News

How Chicago's High Office Vacancies Rate Is Good For Tenants

Crain’s Chicago article stated that the 2023 1st quarter downtown office vacancy rate was a high 22.4%.Right now tenants have leverage to fully explore tenant construction allowances, free rent periods and a litany of other concessions, including tenant-favorable lease terms