Spec please! Users flock to speculative space to close out 2019
Of the speculative industrial space developed in the Chicago market during this cycle, more than 70 percent of it is now leased. And this figure…
Romeoville
Spec please! Users flock to speculative space to close out 2019
Of the speculative industrial space developed in the Chicago market during this cycle, more than 70 percent of it is now leased. And this figure…
CRG Residential adds to Chicago team
CRG Residential, a national leader in multifamily construction and renovation, recently hired Laura Keefe as a client relationship manager.
Chicago industrial market charges ahead
It seems developers can't bring industrial supply to market fast enough. Despite the incredible amount of activity, the Chicago-area vacancy rate declined yet again in…
Pizzuti Companies developing Romeoville logistics facility for Crate & Barrel
The Pizzuti Companies has been selected to develop a build-to-suit, Class A industrial facility for Crate & Barrel in Romeoville, Illinois. The new logistics facility…
Duke Realty’s Chicago team leases 860,296 SF in September
The Chicago office of Duke Realty Corporation signed five leases totaling 860,296 square feet in September in four of its properties. The transactions include two…
CBRE reps Valtech in purchase of 33,900-SF industrial property in Romeoville
CBRE recently represented Valtech LLC in the acquisition of 1347-1349 Enterprise Drive in Romeoville, Illinois, a 33,900-square-foot industrial property. Cal Payne, Philip DeBeor, Matt Mulvihill…
Industrial leasing sees 20 percent upswell
One would think that Chicago's industrial market was already racing ahead at top speed. But last quarter, the sector found another gear as 8.67 million…
Flat no more: Demand picks up in the I-55 corridor
Throughout 2017 and 2018, industrial activity in the I-55 corridor was relatively flat. The situation is much different so far this year, with nearly 2…
Job growth, logistics demand push industrial sector
The surge from e-commerce is more than enough to bolster the industrial real estate sector. But a boost in employment among manufacturing, transportation and related…