Here is NAI Hiffman’s market review for the first quarter of 2015.

Suburban office market fundamentals improved:

• Positive net absorption of 360,000 SF
• Improved vacancy rate at 18.19%
• Strong demand for class “A” space

The CBD office market weakened slightly:

• Negative net absorption of 190,000 SF
• Vacancy rate rose to 12.08%
• Weakened demand for class “B” space

Chicago’s industrial market continued to experience improving market fundamentals:

• Positive net absorption of 3 million SF
• Vacancy rate improved to 7.84%
• Construction completions total 3 million SF
• 12.7 million SF under construction