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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…

CBRE negotiates more than 234k SF of O’Hare industrial leases for Prologis

CBRE recently completed four industrial leases on behalf of Prologis in Chicago's O'Hare submarket for a combined 234,090 square feet. CBRE's Kevin Segerson, Matt Mulvihill,…

Optimizing buildings for property, facility and asset managers

On August 16, 2018, REjournals hosted the Asset, Property, Facility Management conference. Held at the Drake Hotel in Oak Brook, Illinois, the 14th annual event…

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…

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