New pot laws mean that industrial opportunities are bubbling up
As the calendar flips over from one decade to another, Illinois finds itself in a new era with the 2020 legalization of recreational cannabis. The…
Joliet
Build-to-suit industrial reaches new peak for the cycle
Build-to-suit projects accounted for 4.6 million square feet of new industrial construction in the Chicago metro this past quarter. That figure is a record high…
Target takes full occupancy of Rock Creek Logistics Center in Joliet
Minneapolis-based retailer, Target Corporation, has leased the entirety of Rock Creek Logistics Center in Joliet, Illinois. The Opus Group developed the 1.2 million-square-foot industrial logistics…
Inland Real Estate Commercial Brokerage sells land parcel for Joliet Diocese
Inland Real Estate Commercial Brokerage, Inc. announced the sale and closing of a 13.5-acre land site, situated at Route 6 and Maple Road in Joliet,…
What the spec? No waning in Chicago-area speculative deliveries
Since the start of this cycle, the Chicago metro has welcomed 242 speculative industrial projects totaling 65 million square feet, contrasting with 211 build-to-suits totaling…
Joliet apartment property sells for $910,000
Marcus & Millichap closed the sale of a 12-unit apartment property located in Joliet, Illinois, according to Steven D. Weinstock, regional manager and first vice…
Chicago industrial snapshot: The I-80 corridor
Chicago's I-80 corridor absorbed 1.5 million square feet net during the first half of 2019. However, the vast majority of that—1.3 million square feet—was recorded…
Midwest Industrial Funds begins construction of Joliet spec building
Midwest Industrial Funds recently broke ground on a new 187,522-square-foot industrial building at 2515 S. Chicago Street in Joliet, Illinois. Midwest Industrial Funds acquired the…
Marcus & Millichap arranges sale of five-building apartment portfolio in Joliet
Marcus & Millichap brokered the sale of a five-building apartment portfolio located in Joliet and Crest Hill, Illinois, according to Steven D. Weinstock, regional manager…
Marcus & Millichap arranges sale of nine-unit apartment building in Joliet
Marcus & Millichap closed the sale of a nine-unit apartment property located in Joliet, Illinois, according to Steven D. Weinstock, regional manager and first vice…