For Chicago’s spec submarkets, this is not a repeat of 2008
It’s not your imagination—we are officially in the midst of a recession. Though it is early in this crisis, the industrial sector has so far…
i-55 corridor
Chicago’s spec industrial market strong in the first quarter; second quarter brings unknown
It may seem as if spec industrial properties have been going up in the Chicago market with reckless abandon. But in fact—especially over the past…
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…
Industrial leasing sees 20 percent upswell
One would think that Chicago's industrial market was already racing ahead at top speed. But last quarter, the sector found another gear as 8.67 million…
Flat no more: Demand picks up in the I-55 corridor
Throughout 2017 and 2018, industrial activity in the I-55 corridor was relatively flat. The situation is much different so far this year, with nearly 2…
Conor Commercial completes $73.5M industrial portfolio sale to Bridge Development
Conor Commercial Real Estate has sold Fountain Square Commerce Center, a four-building, 741,586-square-foot industrial portfolio in Bolingbrook, Illinois, to Chicago-based Bridge Development Partners for $73,500,000. Colliers International…
RJW Transport continues rapid growth in Chicago market
JLL announced a 416,504-square-foot lease for RJW Transport at 50 Southcreek Parkway in Romeoville, Illinois, making this the largest new lease in the I-55 Corridor…
As Chicago industrial expands, investors target familiar areas
The Chicago logistics industry remains on stable footing as steadily growing wages and accelerating household formation are driving demand for more e-commerce-driven warehouse space. And…
Can the white-hot industrial market survive an onslaught of new construction?
The industrial asset class has been on fire for the last three years across the nation, and specifically in the Chicago market. But is the…
Venture One acquires 38k SF industrial building in Romeoville
Venture One Real Estate—through its acquisition fund, VK Industrial IV, LP, a partnership between Venture One and Kovitz Investment Group—has closed on the acquisition of…