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…

Colliers represents GHP Group in Elk Grove Village acquisition

Colliers International | Chicago's Chris Volkert, principal, and Brendan Green, senior vice president, represented GHP Group, Inc. in its acquisition of a 225,006-square-foot warehouse located…