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Peppercorn Capital trades West Loop warehouse to Prologis for $12M

Prologis has acquired 455 N. Ashland Avenue from Peppercorn Capital for $12 million. Peppercorn owner and CEO, Phil Denny—a private investor focused solely on Chicago’s…

Construction and lease activity herald a robust outlook for Chicago’s industrial market

Depending on which industrial real estate metrics you follow, 2020 could pass as a continuation of the previous year’s performance. This has been a year…

Industrial users in the driver’s seat, propel leasing, construction activity

It has now been two full quarters since the onset of COVID-19 in Chicago. The MSA’s unemployment topped out at more than 17 percent earlier…

Bradford Commercial, Lincoln Property team up on two industrial leases near DFW Airport

E&A TransPros Inc., an Illinois-based logistics firm, has landed in 19,643 square feet of industrial space, expanding at a new location closer to Dallas/Fort Worth…

Brown Commercial Group negotiates one sale, four leases in Chicago’s west and northwest suburbs

Brown Commercial Group negotiated one sale and four leases totaling nearly 24,000 square feet involving expanding businesses in Chicago’s west and northwest suburbs. “We are…

DFW’s direction: Experts share their insights in REDNews forecast summit

Hope for hospitality? “We’ve been devastated.” Brutal honesty from Craig Davis, CEO and president of VisitDallas, set the tone in a discussion about the state…

Lee & Associates of Illinois closes three transactions in the I-55 corridor

Lee & Associates of Illinois has closed three industrial transactions in Chicago’s I-55 corridor. Tom Condon, principal at Lee & Associates’ Illinois office, represented the…

Amazon continues streak of Illinois investment

Two years ago, Chicago was a long-shot contender for a second Amazon headquarters. While the coveted HQ2 office assignment went elsewhere, the city, and Illinois…

Colliers arranges sale of 55 Interchange Logistics Park for $98 million

Colliers International | Chicago’s Jeff Devine and Steve Disse represented Macquarie Real Estate in the sale of Interchange 55 Logistics Park, a 1,341,860-square-foot development in…

Smooth roads ahead for e-commerce real estate

While the COVID-19 situation has placed potholes and hairpin turns in front of some sectors like retail and hospitality, there’s nothing ahead but freshly laid…

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