The Chicago industrial real estate market didn’t just break records in 2021. It obliterated them.
By virtually every metric, last year was the best in the long history of Chicago industrial real estate, which is dominated by logistics warehousing and distribution. Demand was unprecedented as measured by net absorption, which determines the amount of occupied space minus the amount that’s vacated.
According to data published Tuesday by Canadian real estate services firm Colliers International...
https://www.freightwaves.com/news/chicago-industrial-real-estate-posts-a-year-for-the-books