O’Hare

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…

Colliers marketing two Franklin Park industrial buildings for Hamilton Partners

Hamilton Partners has awarded Colliers International Chicago the leasing assignment for two industrial properties in Franklin Park, Illinois. The two properties are 11301 Irving Park…

Activity and demand hold steady at O’Hare

Through the third quarter of 2019, robust demand has continued to drive activity in Chicago's overall industrial market. In the O'Hare area, the need for…

Westmount, Stockbridge JV acquires 1.7-MSF Chicagoland industrial portfolio

Westmount Realty Capital and Stockbridge have partnered to acquire a 1.7 million-square-foot light industrial portfolio in the Chicago region. Stockbridge acquired the portfolio on behalf…

Industrial sentiment stays strong as we sail into 2020

There are strong headwinds that may turn the bull real estate market bear, such as a decelerating economy and a simmering trade war. But a…

Redeveloped Concourse Chicago draws corporate relocations to O’Hare submarket

NAI Hiffman and Berger Asset Management have secured three leases totaling approximately 8,900 square feet of space at Concourse Chicago. Berger acquired the 12-building complex…

Lee & Associates of Illinois brokers industrial building sales in O’Hare market

Lee & Associates has closed two sale transactions in the O'Hare industrial submarket.

Industrial leasing sees 20 percent upswell

One would think that Chicago's industrial market was already racing ahead at top speed. But last quarter, the sector found another gear as 8.67 million…

McShane delivers new O’Hare office property for Glenstar

McShane Construction Company has completed construction of Glenstar O'Hare, a new-build office property on behalf of developer GlenStar Properties. The 150,000-square-foot building was constructed on…

Avison Young to market 73,000 SF O’Hare industrial building

Avison Young has been awarded the exclusive sale listing for a 73,249 square foot industrial flex building at 800-820 Thorndale Avenue in Bensenville, Illinois. Located…