Colliers report: Plenty of positive signs in U.S. industrial market
The U.S. industrial vacancy rate is beginning to plateau as the new supply of industrial properties begins to fall.
Industrial
The Missner Group, Greystar-Thackeray developing spec industrial building in Chicago’s Stockyards area
The Missner Group and Greystar-Thackeray have formed a joint venture to develop a speculative industrial building at 4002 S. Princeton Ave. in Chicago's historic Stockyards.…
Brown Commercial Group brokers 10,000-square-foot industrial transaction in Schaumburg
Brown Commercial Group negotiated a 10,000-square-foot industrial sales transaction in the Chicago market. Broker Pat Crowley represented NetInformatik in expanding its presence in the market…
KDC completes $114 million Port of Freeport facility for Volkswagen Group of America
KDC completed the $114 million Port of Freeport facility in Freeport, Texas, for Volkswagen Group of America (VWGoA). Situated on 120 acres about 63 miles…
Lee & Associates closes 43,845-square-foot industrial lease in Itasca
Lee & Associates closed a lease transaction for a 43,845-square-foot industrial building at 940-942 Thorndale Avenue in Itasca, Illinois. Jeff Janda, SIOR, principal at Lee & Associates’ Illinois office, represented the tenant, The…
Principle Construction completes first phase of renovation of office/warehouse space in Wheeling
Principle Construction completed phase one of a renovation project for SMW Autoblok at its current location in Wheeling, Illinois. This initial phase prepares the facility…
Groundbreaking held for Ironhead Commerce Center in Northlake
The groundbreaking of Ironhead Commerce Center marks the beginning of a significant industrial development in the rapidly expanding Alliance submarket. Strategically located at the intersection…
Brown Commercial Group closes pair of industrial transactions in Chicago market
Brown Commercial Group negotiated two industrial transactions in the Chicago market totaling 50,726 square feet. Broker Matt Hanson represented JIE USA Inc. in more than…
Entre Commercial Realty sells investment facility in Marengo
Entre Commercial Realty completed the sale of a multi-tenant investment facility at 212 Lindow Lane in Marengo, Illinois. The 21,434-square-foot facility was built in 2006…
An industrial market to watch in 2025? According to JLL, one of them is Chicago’s
JLL named Chicago as one of five industrial markets to watch in its 2024-2025 Industrial Tenant Demand Study. Why? JLL pointed to both e-commerce companies…