The vacancy rate for industrial space normally is about 10%, said Jeff Lanaghan, of CRG. Now it's roughly 5% in the Chicago area, or "basically zero because a company has to move out to move in," said Dan Brown, of Brown Commercial Group in Elk Grove Village. That would make Elk Grove's vacancy rate of 2.3% essentially subzero.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.