Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}
Chicago Space Race Space Race Chicago Office

​​The Space Race | Chicago Office Performance Indicator​

Kevin Auble • 11/1/2023
Chicago’s return to office (RTO) is making a comeback. Find out how Class A buildings RTO is faring in our latest Status Report.

Get a glimpse into the impact of Top-Tier assets within Chicago’s CBD.

Moreover, it takes a deep dive into these high-performing assets and how space is limited in Chicago’s CBD for Top-Tier assets – especially high-rise space within those buildings. 

What is the difference between Top-Tier buildings and Low-Tier buildings? Cushman & Wakefield distinguishes Top-Tier buildings to have typically at least four of the below characteristics with Low-Tier assets having significantly less. 

MODERN AMENITIES 
The asset offers tenants high-end amenity options such as fitness facilities, lounge space, outdoor space and on-site security. 

PRIME LOCATION 

The asset is in a key submarket, offering numerous surrounding amenities such as restaurants and shopping as well as close proximity to public transit options. 

WELL-CAPITALIZED OWNERSHIP 
Ownership has the ability to self-fund tenant improvement allowances and other key lease concessions. 

EFFICIENT LAYOUT 
Floorplates that maximize production and collaboration amongst workers while saving energy and reducing operating costs for both landlord and tenant. 

HIGH-QUALITY CONSTRUCTION 
Assets that are well maintained and tend to be newer builds with high-end finishes. 

Find out just how much space is limited in the report.

Insights in your Inbox
Subscribe to the latest local market research, insights and analysis from Cushman & Wakefield across the United States.
Subscribe

Related Insights

Chicago Downtown Skyline Along River
MarketBeat

Chicago

Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
David Hoebbel • 1/10/2024
Chicago Return to Office
Article

Chicago Return to Office

Chicago’s return to office (RTO) is making a comeback. Find out how Class A buildings RTO is faring in our latest Status Report.
Jenny Sims • 11/14/2023
obsolescence-webcard
Insights • Workplace

Obsolescence Equals Opportunity

Much has been written about the potential death of the office, with justifiable concern that some office properties may never again be fit for their original purpose. Running counter to the doomsday narrative is Cushman & Wakefield’s new publication, Obsolescence Equals Opportunity. In it, we offer a perspective focused on the upside potential for owners who are able to meet the market’s call to action. 
Kevin Thorpe • 2/22/2023

Ready to talk?

Our professionals are ready to provide further details on this and many other topics.

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on  Cookies

More Options
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS