IllinoisIndustrial Amazon continues streak of Illinois investment Two years ago, Chicago was a long-shot contender for a second Amazon headquarters. While the coveted HQ2 office assignment went elsewhere, the city, and Illinois…
TexasIndustrial Amazon to occupy 1 MSF fulfillment center in Dallas-Fort Worth area Amazon, currently the largest occupier of industrial space in North Texas, will add to that footprint when they move into 1-million-square-foot fulfillment center in the…
IllinoisIndustrial Smooth roads ahead for e-commerce real estate While the COVID-19 situation has placed potholes and hairpin turns in front of some sectors like retail and hospitality, there’s nothing ahead but freshly laid…
Seefried snaps up land site in Elk Grove Village Seefried Industrial Properties has acquired an 8.82-acre land site—an assemblage of six residential parcels—in Elk Grove Village, Illinois for an undisclosed price. Colliers International Chicago’s…
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…
Build-to-suit industrial reaches new peak for the cycle Build-to-suit projects accounted for 4.6 million square feet of new industrial construction in the Chicago metro this past quarter. That figure is a record high…
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…
Seefried to develop 72,000-SF spec warehouse in O’Hare submarket Seefried Industrial Properties, along with a long-standing European capital partner, have recently purchased a 3.9-acre site at 2100 S. Wolf Road in Des Plaines, Illinois.…
Stormwater detention: The new convention There is one unifying concern on every industrial project that goes up in Chicago, whether it be a redeveloped infill warehouse or a new million-square-foot…