Northlake

IllinoisIndustrial

Bridge Development Partners, PGIM Real Estate ink lease with Imperfect Foods for 45K-SF cold storage expansion

Bridge Development Partners and PGIM Real Estate announced that Imperfect Foods signed a long-term lease to expand their operations at Bridge Point Northlake by 45,000…

TexasRetail

RESOLUT RE closes three retail leases around Texas

RESOLUT RE recently completed three retail transactions in the Austin, Dallas and Houston metros. New Beginnings Learning Academy has leased 5,584 square feet at Gatesville…

Coming in from the cold: Expect more spec development in the freezer/cooler market

The pandemic has produced two forces pressing on the demand for cold storage real estate. On the positive side, most experts believe that food and…

Libertyville building addition nets lease expansion for Midwest Industrial Funds

Midwest Industrial Funds recently completed a 118,000-square-foot lease extension and building expansion at 1200 Technology, Libertyville, Illinois. The existing 84,000-square-foot building and a new 34,000-square-foot…

Bridge, PGIM form $150M JV to acquire and develop cold storage properties across the U.S.

Bridge Development Partners and PGIM Real Estate, the global real estate investment management business of Prudential Financial, Inc., have launched a $150 million national cold…

Salvatore Cerami appointed president of CCAGC

The Concrete Contractors Association of Greater Chicago (CCAGC) has named Salvatore (Sal) Cerami as its president. Cerami, president of Northlake, Illinois-based Cerami Construction, takes over…

CBRE represents Frozen Assets, Bridge Development in cold storage lease

CBRE recently represented both the owner and tenant in a 124,409-square-foot lease at 555 Northwest Avenue in Northlake, Illinois. Steve Livaditis, senior vice president, represented…

PREMIER reconfigures Northlake, Illinois project for CenterPoint Properties

PREMIER Design + Build Group, LLC and CenterPoint Properties have completed the demolition and reconfiguration of 400 Wolf in Northlake, Illinois. The outdated facility, originally…

The short- and long-term implications for Chicago’s industrial market

For the first half of 2018, industrial remained strong in Chicago. According to Newmark Knight Frank research, the market's absorption was lower than usual and…

PREMIER Design + Build completes cold storage space for “imperfect” produce

PREMIER Design + Build Group LLC has completed a 25,465-square-foot buildout in Northlake, Illinois for San Francisco-based Imperfect Produce, a web-based home delivery service for…