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Chicago Sun-Times
Chicago Sun-Times
National
David Roeder

Downtown Chicago office space: Pockets of demand amid slow market

The 320 S. Canal St. building opened in 2022 and has drawn BMO Harris Bank and other large tenants. (Tyler Pasciak LaRiviere/Sun-Times)

This time of year, analysts in various business fields publish views about the state of their markets and what they see for the months ahead. Understandably, many try to find a unique theme or a “grabber” of a headline to dress up what can be a dry topic.

When looking back at 2022 in office real estate trends, the folks at Cushman & Wakefield resorted to the Yogi Berra-ism, “It’s déjà vu all over again.” You could hear their frustration in that line. It was a way of saying that nearly three years after the pandemic turned that part of real estate upside down, they are still puzzling over the same questions.

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