Online grocery and last mile growth continue to drive food space usage
The growth in fresh and organic food products and last mile delivery is fueling significant demand for industrial space in Chicago and across the country.…
industrial
Associated Bank’s Warsek: CRE strong, but evolving, in 2019
Commercial lenders can tell when the commercial real estate market is hot and when it's heading for a slowdown. And 2019? Greg Warsek, senior vice…
Principle Construction wraps up spec warehouse project for Seefried Properties
Principle Construction Corp. completed a speculative warehouse construction project for Seefried Industrial Properties at 2001 Arthur Avenue in Elk Grove Village, Illinois. The owner will…
Few signs that Milwaukee’s commercial roll is about to slow
How long can Milwaukee's commercial real estate surge continue? There's no clear answer to that, but two key CRE professionals working in the city say…
Pair of tenants move into Opus spec building near Kansas City
Gateway Classic Cars and Lanter Delivery Systems, Inc. are the first tenants in Opus Development Group's recently completed speculative warehouse and distribution building at 56…
Peak Construction to build 400,000-square-foot industrial building in Ohio
Peak Construction Corporation was awarded a third build-to-suit project by Scannell Properties in Ohio. The 400,000-square-foot facility in Twinsburg, Ohio, has been designed for O'Reilly…
EVP with Grand Rapids’ office of Colliers earns key sales award
John Kuiper, executive vice president of Colliers International|West Michigan in Grand Rapids Michigan, was inducted into the 2018 Colliers International Everest Club for his performance…
Oxford sells 7,500-square-foot flex industrial space in Michigan
Oxford Commercial has closed the sale of 1260 Rickett Road in Brighton, Michigan. The 7,500-square-foot flex industrial space was 100 percent occupied by RAND Construction…
Pepperidge Farm leases over 87,000 SF at Lockport’s Heritage Crossing
Pepperidge Farm, Incorporated has leased 87,602 square feet at Heritage Crossing, 15901 W. 147th Street in Lockport, Illinois. Jason West and Brian Borget of Cushman…
For cap rates, stability the driving force
During the second half of 2018, capitalization rates broadly remained stable, buoyed by a trio of macro factors—positive economic growth, abundant capital and a favorable…