June 2013 Market Beat

MBRE Index June 2013 v2.xlsFor the second straight quarter, the MB Real Estate (MBRE) Index, comprised of the Chicago Business District’s (CBD) newest buildings, saw a decrease in direct vacancy. Down 70 basis points to 10.0 percent, this decrease comes despite the CBD direct vacancy rate remaining largely stagnant at 15.1 percent. The 10.0 percent direct vacancy rate seen in MBRE Index buildings marks the lowest level in two years, when it was 9.9 percent in June of 2011.

Read the whole report to learn about other CRE trends.

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