Industrial users in the driver’s seat, propel leasing, construction activity
It has now been two full quarters since the onset of COVID-19 in Chicago. The MSA’s unemployment topped out at more than 17 percent earlier…
Romeoville
Colliers arranges sale of the Samsung I-55 distribution center in Romeoville
Colliers International | Chicago’s Jeff Devine and Steve Disse represented LaSalle Investment Management in the sale of the Samsung I-55 Distribution Center located at 160…
Colliers arranges 138,000-SF warehouse lease in Romeoville
Colliers International | Chicago’s Mike Morgan, Brian Netsky and Jim Herbst represented King Solutions in its 138,000-square-foot warehouse lease at 200 S. Pinnacle Drive in…
Venture One fund acquires 16,750-SF industrial building in Romeoville
Venture One Real Estate—through its acquisition fund, VK Industrial V, LP, a partnership between Venture One and Kovitz Investment Group—has closed on the acquisition of…
Colliers arranges sale of 55 Interchange Logistics Park for $98 million
Colliers International | Chicago’s Jeff Devine and Steve Disse represented Macquarie Real Estate in the sale of Interchange 55 Logistics Park, a 1,341,860-square-foot development in…
NKF negotiates 31,000-SF lease renewal for Flint Group in Romeoville
Newmark Knight Frank (NKF) advised Flint Group in its 31,000-square-foot lease renewal at 1225 Lakeside Drive, an industrial asset in Romeoville, Illinois. NKF senior managing…
RJW Logistics Group opens Romeoville warehouse
RJW Logistics Group, Inc., a provider of retail logistics for consumer-packaged goods (CPG) companies, has unveiled a 545,000-square-foot warehouse in Romeoville, Illinois. The facility, RJW’s…
The Boulder Group arranges sale of single-tenant, net-leased Jewel-Osco grocery
The Boulder Group, a net leased investment brokerage firm, completed the sale of a single-tenant, net-leased Jewel-Osco property located at 20 S. Weber Road in…
Records begone: Big Box industrial achieves new highs
During this impressive period of economic expansion, 2016 was a banner year for big box industrial absorption with 16.1 million square feet. Even as we…
A tale of two submarkets: The I-80 and I-55 corridors offer contrary messages
Throughout this cycle, new construction of Class A industrial space has progressed apace, driven by high tenant demand. Though there was above-average absorption throughout the…