Chicago Industrial MarketBeat Q1 2026
Chicago's industrial market in Q1 2026 exhibited strong leasing activity with new leasing totaling 9.8 million square feet, up 19.2% year-over-year, while the overall vacancy rate rose to 4.8% and asking rents increased 3.5% year-over-year to $7.40 per square foot. Construction activity remained robust with 1.8 million square feet delivered and 13.5 million square feet under construction, up 77.1% year-over-year, and sales momentum accelerated with 15.8 million square feet sold, up 117.6% compared to Q1 2025.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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