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Economics reshape Chicago’s industrial lease landscape

Logistics slows as tariffs weigh, while flex and specialized segments hold firm
By Adrian Brizuela
CoStar Analytics
November 6, 2025 | 6:55 P.M.

The Chicago industrial market in 2025 reflects a significant shift from the rapid expansion of prior years. Trends that signal a cooling cycle following a period of aggressive growth, as supply, demand and vacancy dynamics shift toward equilibrium.

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