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Chicago's O'Hare Industrial Spaces Remain Resilient Amid Low Leasing, Move-Outs

Preleasing, Few Supply Side Pressures Poised to Reduce Future Strains for Transmodal Hub
Ceva Logistics listed its 159,000-square-foot space at 640 N. Central Ave. in Wood Dale on the secondary market during 2024’s first quarter. (CoStar)
Ceva Logistics listed its 159,000-square-foot space at 640 N. Central Ave. in Wood Dale on the secondary market during 2024’s first quarter. (CoStar)
CoStar Analytics
March 15, 2024 | 8:58 P.M.

Chicago's O'Hare industrial space market appears to be well-positioned to thrive again thanks to low supply side pressures, with almost no speculative projects underway, and in spite of a few demand bumps over the past several months.

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News | Chicago's O'Hare Industrial Spaces Remain Resilient Amid Low Leasing, Move-Outs