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industrial

IllinoisIndustrial

Signs of stability: Optimism for industrial investment sales in Chicago

Investment sales volumes saw significant declines across commercial real estate sectors, particularly in industrial properties, at the beginning of 2024 due to rising borrowing costs…
Brandi Smith October 15, 2024
IllinoisIndustrial

Brown Commercial Group brokers industrial sale in Batavia

Brown Commercial Group negotiated an industrial building sale in the Chicago market that will allow a medical equipment business to expand its operations. Broker Luke…
October 15, 2024
IllinoisIndustrial

Contegra Construction building 611,000-square-foot warehousing facility in Decatur

Family-owned McLeod Express is expanding warehousing services with a new 611,000-square-foot facility in Decatur, Illinois.  Contegra Construction is building the facility and will complete the project in June 2025. …
October 14, 2024
TennesseeIndustrial

Phoenix Investors acquires 411,000-square-foot industrial complex in Tennessee

An affiliate of Phoenix Investors acquired a large industrial complex in Union City, Tennessee. The property at 600 E. Sherwood Drive was previously owned by…
October 11, 2024
TexasIndustrial

JLL Capital Markets provides financing for three-building industrial park at DFW International Airport

 JLL Capital Markets secured financing for DFW Commerce Center Phase II & III, a three-building, 1,953,620-square-foot Class-A industrial park located at Dallas-Fort Worth International Airport. JLL…
October 10, 2024
MidwestIndustrial

A cut in interest rates? It’s boosted optimism in the industrial sector across the Midwest

A dash of optimism. That’s what industrial brokers and developers say that the Federal Reserve Board’s September interest-rate cut brought to their commercial sector.
Dan Rafter October 10, 2024
MichiganCRE

Midwest real estate market update: Navigating a sluggish year with glimpses of optimism

The real estate market in the Midwest has experienced a year marked by economic uncertainty, a restrictive lending environment, and lower transaction volumes. Assessing the…
Anthony Sanna October 10, 2024
IllinoisIndustrial

DarwinPW Realty VP reps several tenants and owner Welbic Investments in Chicago-area lease transactions

DarwinPW Realty/CORFAC International Vice President Mandy Lewandowski represented several tenants and owner Welbic Investments, LLC, in several recent lease transactions throughout the Chicago area. Lewandowski…
October 8, 2024
IllinoisIndustrial

Lee & Associates closes 40,320-square-foot industrial lease in Elk Grove Village

Lee & Associates completed a 40,320-square-foot lease to Midwest Express at 1850 Arthur Avenue in Elk Grove Village, Illinois. Lee & Associates Principal Chris Nelson…
October 8, 2024
IllinoisIndustrial

NAI Hiffman’s Disser: Rate cut provides mental boost to developers and investors

The impact of the Federal Reserve Board's recent interest-rate cut on the Chicago industrial market? At least one local real estate professional says that it's…
Dan Rafter October 8, 2024
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