IllinoisIndustrial Some spec projects hit a lull, but industrial sector continues to surge ahead It’s old news this far into the pandemic: the economic impacts of COVID-19 have passed over the industrial real estate sector and have in fact…
Lee & Associates of Illinois closes three transactions in the I-55 corridor Lee & Associates of Illinois has closed three industrial transactions in Chicago’s I-55 corridor. Tom Condon, principal at Lee & Associates’ Illinois office, represented the…
Marcus & Millichap arranges sale of Bolingbrook retail asset Marcus & Millichap has brokered the sale of an Aspen Dental- and Potbelly-anchored retail center in Bolingbrook, Illinois. The 9,850-square property sold for $5,750,000. Austin…
Marcus & Millichap arranges $4.3M acquisition loan for Bolingbrook retail asset Marcus & Millichap Capital Corp. has arranged a $4,312,500 acquisition loan to acquire a 9,850-square-foot retail strip center located in Bolingbrook, Illinois. “The property is…
A tale of two submarkets: The I-80 and I-55 corridors offer contrary messages Throughout this cycle, new construction of Class A industrial space has progressed apace, driven by high tenant demand. Though there was above-average absorption throughout the…
Buyer sought for 135,000-SF Bolingbrook office building Avison Young has been awarded the exclusive disposition assignment for a fully leased, 134,697-square-foot corporate office building in the Chicago suburb of Bolingbrook, Illinois. The…
Spec please! Users flock to speculative space to close out 2019 Of the speculative industrial space developed in the Chicago market during this cycle, more than 70 percent of it is now leased. And this figure…
Spec please! Users flock to speculative space to close out 2019 Of the speculative industrial space developed in the Chicago market during this cycle, more than 70 percent of it is now leased. And this figure…
ML Realty Partners acquires 302,354-SF industrial building in I-55 corridor Brendan Hill, acquisition director of ML Realty Partners, announced the acquisition of a 302,354-square-foot industrial building at 999 Dalton Lane in Bolingbrook, Illinois. Jeff Devine…
Duke Realty’s Chicago team leases 860,296 SF in September The Chicago office of Duke Realty Corporation signed five leases totaling 860,296 square feet in September in four of its properties. The transactions include two…