Press Release
CBRE Adds Joshua Beer to Chicago’s Advisory Services Occupier Business
October 3, 2022CBRE announced that Joshua Beer has been named Managing Director, Advisory and Transactions Services | Occupier, for the Chicago region.
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To lead employees in philanthropic efforts at the local level in a way that both represents and serves the ideals of the CBRE Chicago community.
Press Release
CBRE announced that Joshua Beer has been named Managing Director, Advisory and Transactions Services | Occupier, for the Chicago region.
Press Release
Press Release
‒ The Central Business District (CBD) continued its positive absorption streak to end 2022 strong. The CBD experienced 294,348 SF of positive net absorption in Q4 and annual absorp
‒Q4 2022 saw just over 103,000 SF of net negative absorption, the lowest recorded quarter in 2022. ‒Leasing continued to drop toward the end of 2022, down 48% from Q4 2019 level
‒The Chicago market reported a 2.6% vacancy rate in the fourth quarter, a nine basis point (bps) decline year-over-year. ‒Average asking rental rates slightly increased to $6.09
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2022
Despite uncertainty from the omicron variant and other risks, a growing economy will fuel demand for space and increase real estate investment across all property types. Explore CBRE’s outlook for 2022.
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