Industrial prices on the rise, but not in Chicago
In markets throughout the U.S., industrial distribution and warehouse spaces valuation has risen over the past 12 months. The Chicago market, however, saw a moderate…
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Lee & Associates of Illinois brokers three industrial transactions in DuPage County
Lee & Associates closed three industrial transactions in DuPage County. The subject properties are located at 80 Internationale Boulevard in Glendale Heights, Illinois, 1035 Hilltop…
Prologis to acquire Liberty Property Trust for $12.6B
Prologis and Liberty Property Trust have entered into a definitive merger agreement by which Prologis will acquire Liberty in an all-stock transaction, valued at approximately…
Prologis to acquire Industrial Property Trust in $4B deal
Logistics real estate giant Prologis, Inc. has signed a definitive merger agreement to acquire Industrial Property Trust Inc. (IPT). Prologis will acquire IPT's wholly owned…
Four Midwest developments named as finalists for ULI Global Awards for Excellence
Of the 19 developments from around the globe that have been selected as finalists for the Urban Land Institute's (ULI) 2019 Global Awards for Excellence…
Cushman & Wakefield completes 1.5 MSF of leasing in I-55 Corridor
Acting as tenant and landlord representative, respectively, Cushman & Wakefield closed on ten transactions across the I-55 Corridor in the first quarter of 2019, totaling…
Lee & Associates negotiates pair of industrial leases near O’Hare
Lee & Associates of Illinois closed a long-term lease and a lease renewal in two separate industrial transactions. The properties, in Bensenville and Glendale Heights,…
Lee & Associates negotiates long-term industrial lease in Elk Grove Village
Lee & Associates has closed a $6 million lease transaction for a 101,536-square-foot industrial building located at 2567 Greenleaf Avenue in Elk Grove Village, Illinois.
Lee & Associates brokers trio of industrial transactions in DuPage County
Lee & Associates has brokered three industrial transactions in DuPage County, Illinois. The deals included a sale in Addison, Illinois and two leases in Hanover…
Industrial developers bringing plenty of spec to Nashville
Industrial developers are betting on Nashville in a big way. The latest research from Avison Young says that 3.9 million square feet of speculative industrial…