Savills

The Savills Blog

Know Your A,B,C's

The workforce recruitment and branding advantages of occupying office space in newer and revitalized buildings in Chicago is a significant component of the much-discussed "flight to quality" trends that has arisen in recent years. Coupled with the additional leasing trend of "flight to capital," where tenants are seeking space in buildings that are financially resilient with little debt, this has a created a clear divide in where leasing activity is concentrated among Class A, B, and C buildings.

In this white paper, we examine the investment strategies building owners face as they seek to attract tenants and increase property value, as well as Chicago's market dynamics and the evolving demands of today's well-informed commercial tenants.

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