Cawley Insights

Chicago Industrial Vacancy Rate at its Lowest Since 2001

Posted by Jessica Polito on Aug 21, 2018 3:27:49 PM

 

In 2001, a gallon of gas was $1.46, Wikipedia launched online, and Apple released the first ever iPod. This was also the last time Chicago has seen one of its lowest vacancy rates in the industrial market. In the second quarter of 2018, the vacancy rate was at 6.44%.

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Topics: industrial real estate, Industrial, chicago, Vacancy Rate, e-commerce