Plainfield

HSA Commercial inks 69,000-square-foot lease at Indiana distribution center

Chicago-based HSA Commercial Real Estate signed a 69,005-square-foot lease with Mygrant Glass Company at the newly built Gateway V distribution center at 845 Airtech Parkway…

HSA closes 20,000-square-foot lease for HVAC, plumbing business in Indiana

HSA Commercial Real Estate, a Chicago-based full-service real estate firm, signed a 20,439-square-foot lease with American Residential Services at 853 Columbia Road in Plainfield, Indiana.…

Avison Young closes $1.45 million Steak ‘n Shake sale in Indiana

Avison Young has completed the $1.45 million acquisition of an off-market single-tenant restaurant property occupied by Steak ‘N Shake.

A tale of two submarkets: The I-80 and I-55 corridors offer contrary messages

Throughout this cycle, new construction of Class A industrial space has progressed apace, driven by high tenant demand. Though there was above-average absorption throughout the…

Colliers sells three modern bulk buildings in Indianapolis market

Colliers International has closed the sale of three modern bulk industrial buildings in the Plainfield and Whitestown submarkets of Indianapolis.

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…

Zara Johnson to retire after 30 years with Cicero’s Development Corp.

Zara Johnson, who first joined Plainfield, Illinois-based Cicero’s Development in 1989 as office manager, will be retiring after 30 years with the company. Johnson will…

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…

Flat no more: Demand picks up in the I-55 corridor

Throughout 2017 and 2018, industrial activity in the I-55 corridor was relatively flat. The situation is much different so far this year, with nearly 2…

Two partners developing big industrial project near Indianapolis

PCCP, LLC has formed a joint venture with Indianapolis-based Strategic Capital Partners, LLC for the speculative development of the next phase of Metro Air Business…