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The industrial vacancy rate in the Chicago region at the end of the third quarter stood at 4.9%. The industrial vacancy rate in the Chicago region at the end of the third quarter stood at 4.9%.

CHICAGO—Bolstered by strong leasing activity, the industrial vacancy rate for the Chicago region in the third quarter dropped to 4.9%, besting the 19-year record low of 5% recorded set in the second quarter of this year.

John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.

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