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Chicago's office buildings are casting a long shadow

Chicago's office buildings are casting a long shadow

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As existing tenants relocate into new developments or shed space, several downtown office towers will have large vacancies beginning in 2017.

As existing tenants relocate into new developments or shed space, several downtown office towers will have large vacancies beginning in 2017.

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Chicago's office buildings are casting a long shadow

  1. 1. 71 S Wacker 111 S Wacker203 N LaSalle 222 N LaSalleThe Franklin333 S. Wabash 300 S Riverside 442,000 SF 166,000 SF 759,000 SF 338,000 SF 231,000 SF 293,000 SF 252,000 SF 159,000 SF 200 W Monroe 500 W Madison 156,000 SF Trophy buildings are casting a long shadow….tenant relocations begin early 2017 As existing tenants relocate into new developments or shed space, several downtown office towers will have large vacancies beginning in 2017. This ‘shadow space’ creates opportunities in premier assets at a discount for active tenants in the market seeking high-quality space. The graphic above illustrates buildings casting the longest shadow on the market. ©2016 Jones Lang LaSalle IP, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.

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