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Can the Chicago office vacancy predict a Cubs postseason appearance?

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Can the Chicago office vacancy predict a Cubs postseason appearance?

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Back in April, JLL found a direct correlation between the Downtown Chicago office market and the Chicago Cubs PCT. Looks like their analysis was correct, and the Cubs advance to the NLCS.

Back in April, JLL found a direct correlation between the Downtown Chicago office market and the Chicago Cubs PCT. Looks like their analysis was correct, and the Cubs advance to the NLCS.

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Can the Chicago office vacancy predict a Cubs postseason appearance?

  1. 1. Chart of the week: October 11, 2016 Chicago CBD Source: JLL Research, Chicago Cubs MLB, FanGraphs.com Can the Chicago office vacancy predict a Cubs postseason appearance? • There appears to be a direct correlation between the strength of the Downtown Chicago office leasing market and the performance of the Chicago Cubs. • When office vacancy rates are down, the Cubs win percentage goes up. With vacancy in the city at historic low levels (10.6%) as of the third quarter, this may be “the year” for the Northsiders. 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% 16.0% 0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 YTD 2016 4Q 2016 Cubs Win PCT Direct Vacancy Rate The last time CBD vacancy was below 12.0%, the Cubs clinched the National League Central title & appeared in the postseason two years in a row.

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