How low can the industrial vacancy rate go in West Michigan?
How strong was the industrial market in the West Michigan region in the third quarter? NAI Wisinski of West Michigan, in its latest report, said…
industrial
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…
Marcus & Millichap arranges sale of North Aurora self-storage facility
Marcus & Millichap announced the sale of Randall Road Self Storage, a self-storage facility located in North Aurora, Illinois, according to Steven D. Weinstock, regional…
J.C. Anderson builds out office warehouse/space for Glass Solutions Inc.
J.C. Anderson has completed a 108,000-square-foot office/warehouse build-out for Glass Solutions, Inc. at 960 Maplewood Drive in Itasca, Illinois. The project consisted of a 23,000-square-foot…
Principle Construction completes tenant build-out in Bridgeview
James Brucato and Mark Augustyn, principals of Principle Construction Corp., announced that the firm has completed a 162,014-square-foot tenant improvement project for Rex Carton at…
Kadean Construction to take on $8 million HQ project in St. Louis market
Budnick Converting Inc., a private, woman-owned enterprise, has awarded Kadean Construction an $8 million design-build contract to build a 100,000-square-foot headquarters and production facility, doubling…
Investors in Indianapolis? They’re searching for yield
As intermediaries in the sale of investment real estate between institutions, private equity fund managers, REITs, family offices and a multitude of other participants, we…
Spec industrial project sells in Bartlett
NAI Hiffman announced the recent sale of 1411-1415 Brewster Creek Boulevard in Bartlett, Illinois. The 167,550 square-foot facility, located in northwest Cook County, is G4…
Avison Young negotiates 90k SF industrial lease near O’Hare
Avison Young recently negotiated an 89,901-square-foot industrial lease at 1845 Tonne Road in Elk Grove Village, Illinois, illustrating the continued demand for well-located buildings in…
The road ahead for logistics is all clear
The impact that transportation and logistics have had on industrial real estate over the past decade is unprecedented. The flow of goods, spurred on by…