Chicago, Illinois Real Estate shot to the top of the US office property markets in 2006 as investors ran from the east and west coasts towards better prices in Chitown.
The turnover amounted to more than 26m square foot last year in Downtown Chicago, nearly 3x over 2005, and shooting past midtown Manhattan’s property market. This from Cushman and Wakefield latest data.
Across the US office property sales were at their highest ever, with total sales volumes jumping 40.5 per cent to $134.9bn.
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