IllinoisIndustrial Avison Young Chicago secures exclusive sale listing for national truck terminal portfolio Avison Young’s Chicago office has secured the exclusive sale listing for a 1.75-million-square-foot trucking terminal portfolio with properties in core logistics markets across the United…
CenterPoint signs build-to-suit lease with TTX at Joliet intermodal CenterPoint Properties has announced a build-to-suit lease for a distribution facility for TTX Company at 2400 CenterPoint Way in Joliet, Illinois. The lease at the…
CenterPoint’s Murphy: Shadow vacancies, supply chain challenges and even more demand for e-commerce Michael Murphy has spent more than 30 years working in the industrial real estate sector. He's seen plenty of markets, both good and bad. But…
Chicago: Major player, second city or a mix of both? LaTonya Ellis asked the big question during this month's 18th annual Commercial Real Estate Forecast Conference: Is Chicago, the Midwest's biggest city, still a major…
BOMA/Suburban Chicago announces officers and directors The Building Owners and Managers Association of Suburban Chicago (BOMA/Suburban Chicago) announced its 2020 officers and board of directors. New and returning board members take…
Darwin Realty reps tenant and landlord in 174,178-SF Bensenville lease Darwin Realty facilitated a lease between Axis Warehouse Management and CenterPoint Properties for the third party logistics company's new, 174,178-square-foot space at 500 Country Club…
Chicago’s transportation and logistics space still a national leader For the 180+ attendees at last Friday's annual Transportation and Logistics Conference, there was a lot of information to take in on the most dynamic…
What the spec? No waning in Chicago-area speculative deliveries Since the start of this cycle, the Chicago metro has welcomed 242 speculative industrial projects totaling 65 million square feet, contrasting with 211 build-to-suits totaling…
Amid shifting winds, industrial stands strong in core markets The economic shores are starting to get frothy, with incoming waves like Chinese tariffs and a downturn market threatening to crash on the beach. Despite…
Chicago industrial snapshot: The I-80 corridor Chicago's I-80 corridor absorbed 1.5 million square feet net during the first half of 2019. However, the vast majority of that—1.3 million square feet—was recorded…