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…
prologis
The short- and long-term implications for Chicago’s industrial market
For the first half of 2018, industrial remained strong in Chicago. According to Newmark Knight Frank research, the market's absorption was lower than usual and…
CREW Chicago hosts luncheon discussin how retail isn’t dead, boring retail is
Reports of retail's demise are great clickbait, but the market is still very strong for many retailers. CREW Chicago hosted a luncheon on June 27…
Industrial strives for sustainability
“It's not easy bein' green," Kermit the Frog once sang. For industrial development, that can still be true.
Entre Commercial renews 24k SF lease in Elk Grove Village
Entre Commercial Realty's John Gazzola and Mike Gazzola have assisted Northfield Industries with a lease renewal of their current 24,230-square-foot unit in Elk Grove Village,…
A closer look at the I-55 Corridor
Chicago's economic climate continued to trend upward throughout the first quarter of 2018, with unemployment down to 5.4 percent year-over-year, a 60-basis-points-drop. With this, the…
Principle Construction expands space for flooring distributor
Principle Construction Corp. has completed a 10,500-square-foot office expansion for flooring distributor All Tile, Inc. at 855 Wood Dale Avenue in Wood Dale, Illinois. The…
Logistics giant Prologis makes $8.4 billion bid for DCT Industrial
Global logistics real estate firm Prologis will acquire competing industrial REIT, Denver-based DCT Industrial Trust Inc. The $8.4 billion deal is an all-stock transaction and…
Lee & Associates negotiates long-term, 132k SF lease
National real estate brokerage Lee & Associates has closed a long-term lease transaction for a 132,538-square-foot industrial unit located at 220-250 Thorndale Avenue in Bensenville,…
NKF completes two long-term leases for K2 Express
Newmark Knight Frank (NKF) represented and advised K2 Express, Inc. in completing two long-term leases in Chicago's O'Hare submarket. The first transaction was a renewal…