What’s next for Chicago’s red-hot industrial market?
The market has seen a record-breaking year, despite a fair share of economic hurdles still at play. So how did Q1 and Q2 of 2022…
CenterPoint Properties
CenterPoint developing pair of million-square-foot spec facilities at its intermodal center in Joliet
CenterPoint Properties is simultaneously constructing two 1 million-square-foot speculative facilities at 3301 and 4300 N. Brandon Road in the CenterPoint Intermodal Center in Joliet and Elwood, IL.…
Industrial’s biggest players see continued growth, demand and competition for deals in Chicago area
Local leaders of top industrial developers haven't had much of a break in recent months as interest in Chicago-area industrial continues to reach new heights.…
Book retailer strikes lease on warehouse in Montgomery
CenterPoint has announced it has leased 231,742 square feet of its CenterPoint Industrial Center at 900 Knell Road in Montgomery, IL, to online book retailer…
Houbolt Road Extension in Joliet formally underway
Houbolt Road Extension JV, LLC ("HRE-JV"), a joint venture between United Bridge Partners and CenterPoint Properties, has entered into a lease agreement with the City…
CenterPoint announces $1.3 billion worth of investments since Q1 2020
With the February acquisitions of three buildings in the Los Angeles market and a 600,000-square-foot facility in Houston, CenterPoint Properties has announced it has now…
CenterPoint Properties continues to focus expansion efforts on coastal markets
In its second major sale in consecutive quarters, Oak Brook-based CenterPoint Properties has sold seven industrial properties totaling more than 1 million square feet and…
CenterPoint acquires rail-served distribution facility in Houston
CenterPoint Properties purchased a 601,261-square-foot building on 31 acres at 3507 Pasadena Freeway in Pasadena, Texas. The Class A building has a rare combination of…
This year? It has to be better, right? Cautious optimism rules during Commercial Real Estate Forecast Conference
The 19th annual Commercial Real Estate Forecast Conference took place during a grim time: Deaths continued to rise during the COVID-19 pandemic. A day earlier,…
Avison Young negotiates sale of 1.75-MSF national truck terminal portfolio
Avison Young negotiated the sale of a 1.75-million-square-foot trucking terminal portfolio with properties in core logistics markets across the United States. The portfolio is owned…