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Insights

Chicago Return to Office

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Chicago’s return to office (RTO) is making a comeback. Find out how Class A buildings RTO is faring in our latest Status Report.

Key Takeaways 

Average Daily Visitors Increase 
This fall, the average daily visitor count rose to 1,605 (up 28.0% year-over-year) — the highest level since February of 2020. 

In-Office Mandates Move the Needle 
Buildings with tenants that have in-office mandates* have reached higher RTO levels. On average, since 2022, the daily visitor count is 55.4% higher than those without mandates in place. 

Square Footage per Visitor Decreases 
As more people come into the office, visitors recorded a 5-day trailing average of 1052-sf per visitor** in 2023 YTD, down 2,478-sf per visitor from 2020. 

Daily Average Visitors by Day of the Week 
Building visitors are most prominent mid-week with Tuesdays recording the highest average of 2,125 daily visitors in October of 2023.
 

*Building include Class A CBD assets with 50,000 square feet (sf) + tenants and a 2-5 day RTO policy. 
**SF per visitor is calculated by dividing the total visitor count. 

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