industrial

Meeting the soaring demand: Karis project in Bridgeport to provide some relief to end users seeking coveted cold-storage space

Demolition is now underway at 3815 S. Ashland Ave. in Chicago's Bridgeport neighborhood, construction work that will soon result in the development of a nearly…

Brown Commercial Group closes sale of 42,525-square-foot industrial property in Carol Stream

Brown Commercial Group negotiated an off market industrial investment transaction totaling 42,525 square feet, bringing the seller and buyer together in a $3.1 million deal.…

Rising industrial vacancy rates in Chicago? Corporate give-backs are one key reason

Corporate give-backs boosted the vacancy rate in the Chicago industrial market during the first quarter of the year.

CBRE provides $100 million recapitalization of 36-property industrial service facility portfolio

CBRE has arranged a $100 million recapitalization of a 36-property industrial service facility portfolio in a joint venture between Wayzata, Minnesota-based Moir Park Capital and…

Lee & Associates closes 15,520-square-foot industrial lease in Elgin

Lee & Associates negotiated a 15,520-square-foot new lease of manufacturing space at 1390 Gateway Drive, Suites 5 and 6, in Elgin, Illinois.  John Sharpe, principal, and…

JLL Capital Markets provides $26 million in acquisition financing for San Marcos industrial park

 JLL Capital Markets arranged $26.121 million in acquisition financing for Clovis Barker Logistic Park, a two-building light industrial park totaling 213,817 square feet in San Marcos,…

Mohr Capital closes 1-million-square-foot lease at Indiana logistics park

Mohr Capital has secured a lease for more than 1 million square feet at Mohr Logistics Park in Whiteland, Indiana, with Cummins Inc. This is…

Resilience. Continued growth. Those are the hallmarks of Houston’s industrial distribution market

Resilience and sustained growth. That's what Lee & Associates says that the Houston industrial distribution market demonstrated during a challenging first quarter of 2024.

Too much construction? That could be the industrial market’s top challenge today

Too much supply? That might be the big challenge facing the industrial sector today, according to the latest research from Crexi.

The news for the U.S. industrial market? It’s a bit of good and bad, according to Savills

The U.S. industrial market saw a dip in leasing activity and an increase in vacancy rates in the first quarter of 2024. But it also…