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.
Chicago
JLL Capital Markets closes $32 million refinance loan for 15-story office property in Chicago
JLL Capital Markets announced today that it has arranged a $32 million refinancing for 609 West Randolph, a 15-story boutique office property totaling 95,000 square feet in Chicago, Illinois.…
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.…
Chicago’s Harold E. Eisenberg Foundation wraps 25th anniversary by raising more than $700,000 for cancer research and real estate education
The 25th Anniversary celebration of the Harold E. Eisenberg Foundation culminated on Oct. 17 with a gala attended by 600 guests, raising more than $700,000 to benefit…
DarwinPW brokers sale of mixed-use property in Chicago
DarwinPW Realty/CORFAC International Associates Marc Hale and Ali Nix recently brokered the sale of 2224 W. Grand Ave. in Chicago, a 9,600-square-foot building on a…
Levenfeld Pearlstein adds partner to its Chicago real estate practice group
The Chicago office of law firm Levenfeld Pearlstein has added Daniel Crowley to its real estate practice group. Crowley is a partner in the group.…
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…
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…
The adaptive reuse trend? It’s booming in the self-storage industry, especially in the Midwest
A total of 191 million square feet of the United States' self-storage inventory today comes from the adaptive reuse of commercial buildings, typically outdated industrial…
Searching for hope in Chicago’s suburban office sector? Transwestern report offers a little
Any signs of hope for the Chicago suburban office market? Some small ones, according to the latest research from Transwestern.