CHICAGO-The annual report of an Australian fund shows that, in the middle of frail demand for quality office spaces, the rate of vacancy at Franklin Center had increased to 20% on June 30 compared to that of 15.5% last year.
According to the report filed by Tishman Speyer Office Fund, a Sydney-based firm, on Monday, the appraised value of Franklin Center stayed unaltered at $6200 million in June in spite of the growing vacancy rate. For the full story, go to Crain's Chicago Business.
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