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Posts Tagged ‘absorption’

 OutLook For 2009 Although the vacancy level is only up slightly at 9%, we believe the market is much softer. Free rent, moving allowances, discounted rent and additional tenant improvement allowances will be the norm in 2009. Concessions will vary by market. The Sunset Corridor, for instance, is seeing upwards of 12 months of free [...]

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Sublease Space Chokes Downtown Chicago* Companies have put more than 3 million sq. ft. of office sublease space on the market in downtown Chicago through the third quarter of 2008, marking a three-year high, according to locally based MB Real Estate. Nearly 1 million sq. ft. of new sublease space was added in the third [...]

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