Signs of stability: Optimism for industrial investment sales in Chicago
Investment sales volumes saw significant declines across commercial real estate sectors, particularly in industrial properties, at the beginning of 2024 due to rising borrowing costs and market volatility. However, experts from both Avison Young and Cushman & Wakefield remain optimistic about the future of Chicago’s industrial real estate market, citing newfound stability and pent-up demand as key factors driving a recovery in the second half of 2024.