JT

Jack Trager

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Commuter preferences differ in suburban counties
Commuters’ preferred mode of transportation is in the middle of a large overhaul
Population growth remains strong in all downtown submarkets
Close proximity to malls continues to benefit Class A product
Class A rents continue upward trajectory, even amidst slight vacancy increase
Large leases* with growing footprints focus on new submarkets
Percentage of large suburban leases trends from stable to growing in recent quarters
Population growth ranges among Cook County townships
Millennials close the gap on baby boomers population in recent years
Millennials gain ground on baby boomers, yet signal a preference shift in location
Suburban absorption hovers near previous peak
O'Hare Large Block supply dwindles amidst strong tenant demand
Chicagoland sales volume levels off amongst uncertainty in 2016
Suburban Absorption Signifies Safety in 2017 Forecast
Sales surrounding Oakbrook Center heat up in the third quarter