prologis

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…

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…