industrial

Facing the challenges, prepping for increased activity: Large crowd optimistic for future at CIP’s Chicagoland Mid-Year Industrial Summit

There's no sugarcoating it: The Chicago industrial market, despite its sound fundamentals, is facing more challenges today. And those challenges are largely stemming from higher…

Friedman Real Estate sells 42,385-square-foot industrial building in Mount Clemens

Friedman Real Estate’s Zach Cummings recently completed the sale of 200 Elizabeth Street in Mount Clemens, Michigan. Friedman represented the seller in this transaction, which…

Savills develops real estate plan for animal health technology provider as it expands to Iowa business park

Savills advised Covetrus on the real estate strategy for its new state-of-the-art distribution center in Grimes, Iowa. The global leader in animal health technology and…

DarwinPW Realty, Intelica negotiate 22,500-square-foot industrial lease for beverage distributor in Dupo

DarwinPW Realty/CORFAC International Managing Broker George Cibula and Associate Luke Ferzacca, along with Intelica/CORFAC International’s Joel Meyer and Ben Bacino recently represented a beverage distributor…

Even as sales slow, investors still paying top dollar for Chicago industrial properties

While investment activity in the Chicago industrial sector has slowed significantly since its height in 2021, the average price-per-square-foot that investors are paying for warehouses,…

CBRE closes 12,827-square-foot lease for air-transportation company in Shoreview

CBRE has arranged a 12,827-square-foot lease for Life Link III at Shoreview Business Campus, a flex building in Shoreview, Minnesota. The nonprofit medical air transportation company…

Stream Realty Partners acquires 104,008-square-foot industrial property in Chicago Stockyards submarket

Stream Realty Partners acquired the Halsted Pershing Business Center at 815 W. Pershing Ave. in Chicago’s Stockyards submarket. This industrial property, encompassing 104,008 square feet,…

Lee & Associates brokers 444,600-square-foot industrial lease in Huntley

Lee & Associates negotiated a new 444,600-square foot, long-term lease for John B. Sanfilippo & Son, Inc. at Venture Park 47 at 12300 Jim Dhamer Drive in Huntley, Illinois. This…

Lee & Associates closes $1.19 million sale of industrial building in St. Charles

Lee & Associates negotiated the $1.19 million purchase of 3800 Commerce Drive in St. Charles, Illinois, a 10,696-square-foot industrial building.  Andrew Block, executive vice president…

Chicago’s Stotan Industrial adds vice president, construction manager

Chicago's Stotan Industrial has hired Alex Garibaldi as vice president and construction manager. He is responsible for all aspects of site assessment, entitlement and construction…