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March 28, 2018  

MARKET SPOTLIGHT: Suburban Chicago Office Properties

Large sales fell by 17% last year, to $1.2 billion, according to Real Estate Alert’s Deal Database.Brokers said listings are attracting a wider range of buyers, both foreign and domestic, in search of higher yields.The average occupancy rate is projected to stabilize after falling to 77% at yearend, from 81% a year earlier, according to JLL.

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