industrial

Stotan Industrial moves headquarters to downtown Chicago

Stotan Industrial relocated its headquarters building from Rosemont, Illinois, to downtown Chicago. Most of Stotan's emloyees reside in the city. The move will reduce their…

CBRE names U.S. industrial sector leader for valuation and advisory services

CBRE has appointed Tom Kim as the new U.S. Industrial sector leader for Valuation & Advisory Services (VAS). In this strategic role, Kim will work…

JLL hires managing director for Data Center Work Dynamics business

JLL has hired Kristen Vosmaer as a managing director for its growing Data Center Work Dynamics business. In this role, Vosmaer is responsible for data…

Core Industrial Realty closes five transactions in Chicago market

Oak Brook, Illinois-based Core Industrial Realty has completed five recent transactions in the suburban Chicago area. 1456 Brewster Creek Blvd, Bartlett, IL (51,925 SF) Core…

Brinkmann Constructors hires cold-storage specialist in St. Louis office

Brinkmann Constructors has hired Ryan Fuesting as director of business development -- cold storage in the St. Louis office. With more than 10 years working…

Chicago industrial vacancy up, market fundamentals remain strong

The Chicago industrial real estate market, once on a blistering pace, is experiencing a period of recalibration in 2024. While vacancy rates have ticked up…

Mid-year industrial outlook: O’Hare submarket continues to recalibrate

After several years of robust industrial activity, Chicago’s O’Hare submarket continues to recalibrate, presenting a mix of challenges and opportunities for tenants, according to a…

Cushman & Wakefield closes disposition of eight-property industrial portfolio in Plano

Cushman & Wakefield announced the commercial real estate services firm has arranged the disposition of the Plano Industrial Portfolio, which includes eight buildings totaling 846,261…

Northern Builders developing 183,300-square-foot spec industrial facility in Joliet

Northern Builders is developing a 183,300-square-foot speculative industrial facility in Joliet, Illinois, at the Cherry Hill Business Park. Boasting a clear height of 32’, the…

New report: Industrial rents still rising in Detroit, but at a slower pace

The average rent for industrial space in Detroit did increase in April. But that increase was a small one.