Bradford Allen

Chicago's downtown office market saw nearly 1.8 million square feet of completed deals in Q3/25. More than 40% of leasing activity occurred in the West Loop, while the Central Loop captured 33%. The market is in a period of transition but committed, well-capitalized owners continue to win deals

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Q3/25 OFFICE MARKET REPORTS
Downtown Chicago

Find out more Chicago's downtown office market saw nearly 1.8 million square feet of completed deals in Q3/25. More than 40% of leasing activity occurred in the West Loop, while the Central Loop captured 33%. The market is in a period of transition but committed, well-capitalized owners continue to win deals
Find out more Leasing activity remained steady in Q2/25, reaffirming the demand for premium space both in downtown Chicago's office market and the suburban market. Downtown closed the quarter with nearly 1.9M SF leased, while suburban markets saw $121M in completed transactions.