Vacancy mounting in O’Hare? It’s no cause for concern.
Chicago’s O’Hare submarket recorded a rising vacancy rate in Q3 2020, both quarter-over-quarter and year-over-year. However, this is but a momentary blip in a juggernaut…
Panattoni
Under-construction industrial buildings in Vernon Hills hit the market
Panattoni has selected Cushman & Wakefield to market the new South Lake Industrial Center in Vernon Hills, Illinois. Panattoni will began grading in August, with…
Panattoni developing 640,000 square feet of industrial near St. Louis
Panattoni Development has announced two new industrial buildings for Hazelwood's Aviator Business Park on the site of a former Ford plant in Hazelwood, Missouri, part…
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…
As Nashville keeps growing, so does its industrial market
Nashville remains one of the fastest-growing cities in the United States. That has fueled an industrial building boom, with Avison Young reporting that 2.4 million…
Colliers completes full-building industrial lease for Panattoni
Colliers International | Chicago represented Panattoni in a long-term lease to NorthShore Care. The 161,585-square-foot, full-building lease is at the developer's newest project currently under…
Colliers arranges sale of three industrial properties for redevelopment
Colliers International I Chicago's Chris Volkert represented two private sellers in the sale of three, single-story industrial properties in Skokie, Illinois. Panattoni acquired the properties,…
Some improvement in the I-55 Corridor
The Chicago metro industrial market remained strong last quarter. The 8.6 million square feet of new leasing activity during Q2 is the highest quarterly total…
Panattoni starts development of more than 1-million-square-foot industrial facility in Memphis market
Panattoni Development Company, Inc. has begun development on a 1.016-million-square-foot warehouse leased to Cooper Tire at Panattoni's Gateway Global Logistics Center in Marshall County, Mississippi,…
HDA Architects designing 760,000-square-foot distribution center
HDA Architects has been engaged by Panattoni Development to design a 769,000-square-foot warehousing/distribution facility within the Lakeview Commerce Center in Edwardsville, Illinois.