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.
