New amenities, new approach; change is coming to 205 West Wacker. Discover the convenience of brand new on-site amenities, upgraded office space, riverside views and ideal location straddling River North and the Central Loop – all available at 205 West Wacker. Coming soon: • Building fitness center • Conference Facilities • Lobby […]
Office vacancy fell during the third quarter in downtown Chicago, reaching its lowest point since mid-2009, after six consecutive quarters of virtually flat leasing.
Overall vacancy rate fell to 14.7 percent during the quarter, down from 14.9 percent in each of the previous three quarters and 14.8 percent in the third quarter of 2012, according to commercial real estate firm CBRE Inc. Law firms and other professional services firms have been reducing their space in recent years, while tenants such as technology firms fill the void with continued growth.