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Many Chicago Downtown Office Landlords See Sublease Spaces As Their Concern

These Owners Advertised Sublease Availabilities As Direct by the End of August
CoStar Analytics
September 14, 2023 | 9:11 P.M.

The total availability rate reached a new height at the end of August across the Chicago metropolitan area: a direct availability rate hit 17.6% and a sublet availability rate was 2.5%. These two figures usually add up to reflect the area’s posted availability rate. For most parts of Chicago, and in most market clusters, they still do. But not everywhere.

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