Concealed Space - A Concern and an Opportunity
As the Chicago office market continues to witness record breaking office availability, some landlords are delaying the marketing of known future vacancies. The market’s negative perception of an unprecedented amount of available space in any one single building worries landlords. This is troubling in a market where 25.1% of tracked office space is available. The potential of additional availability existing untracked is a cause for concern for landlords but is a golden opportunity for tenants.