Chicago’s industrial market had a strong first half of 2026, with big-box tenants helping to deliver one of the best leasing quarters in years.Industrial net absorption hit 6.1M SF in Q2, over five times the first quarter and more than eight times the total from a year earlier, according to CBRE. The positive absorption was the strongest quarter for the Chicago area since the high mark of 6.9M SF in the second quarter of 2023.
“Developers and owners who have a prescient view of the industrial market either have sites tied up or have some planned spec product,” CBRE Executive Vice President David Prell said. “That's kind of across the board of all different sizes, and in particular the bulk product.”...
RSK: Good news for our neighbors to the south. Data centers are having an effect on the price of land as well as leasing space.
Share this article on your social outlets
Our Sponsors
- - Volume: 26 - WEEK: 35 Date: 8/25/2026 8:26:46 PM -