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Chicago Industrial Vacancy Reaches Lowest Level in Two Years

A recent report from Savills details how manufacturing investment, logistics expansion and limited new supply are tightening Chicago’s industrial fundamentals heading into the second half of 2026. Hig

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Summary

A recent report from Savills details how manufacturing investment, logistics expansion and limited new supply are tightening Chicago’s industrial fundamentals heading into the second half of 2026.

Highlights of the report include that vacancy fell to 6.

9%, its lowest level in seven quarters and 90 basis points below last year. Occupier demand strengthened considerably during...

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