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chicago downtown (2) In the last year, Chicago’s negotiated gross rent increased by 0.3% to $50.49, while concessions jumped 6.6%

CHICAGO—Today’s commercial real estate market has broken with a long-standing pattern. The usual six- to eight-year boom-and-bust cycle had observers looking for a slowdown as early as 2016. But so far, rents have increased steadily as the inevitable market contraction keeps not happening.

Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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