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University Park

Cushman & Wakefield closes 1.6-million-square-foot industrial lease in University Park

Cushman & Wakefield arranged a full-building industrial lease totaling 1.6 million square feet at 701 Central Ave. in University Park, Illinois. Cushman & Wakefield’s Sean…
May 21, 2024
IllinoisIndustrial

Lee & Associates of Illinois brings University Park industrial building to 100% occupancy with lease to Alive Telecom

Lee & Associates, one of the largest national commercial real estate providers in North America, has represented both owner and tenant in a  74,978-square-foot lease at 500 Crossing…
August 28, 2023
IllinoisIndustrial

15-year industrial lease secured in University Park

John Joyce, CCIM and Caitlin Crawford of SVN Chicago helped secure a 15-year lease at 425 Crossing Ave. in University Park, Illinois. Joyce and Crawford represented the…
February 28, 2022
IllinoisIndustrial

Venture One Real Estate, CRG break ground on 897,000-square-foot industrial facility in Chicago market

Co-developers Venture One Real Estate and CRG broke ground on an 897,000-square-foot build-to-suit facility for Central Steel and Wire at Gateway 57 Business Park in…
January 21, 2022

Buligo Capital completes sale of Chicago-area apartment communities

JLL closed the $25.7 million sale and $20.56 million financing of Central Park and Governor's House Apartments, two apartment communities totaling 316 units in south…
October 9, 2019

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…
Matt Baker July 22, 2019

The I-80 Corridor lags in big box leases

Chicago has seen a spate of large, spec industrial facilities tilt up in the past year. Now they're leasing up. While big box projects throughout…
Matt Baker May 9, 2019

CBRE, German investor acquire 1MSQFT facility leased to Georgia Pacific

CBRE Global Investors and German investment company, Universal-Investment, have acquired a newly completed 1-million-square-foot build-to-suit distribution and warehouse facility in Gateway 57 Corporate Park in…
August 4, 2017

Principle Construction completes freezer building for trucking company

A 46,500-square-foot freezer and cooler building was completed by Principle Construction for Budreck Truck Lines in University Park, Illinois.
June 27, 2017
MidwestCRE

CB Richard Ellis Realty Trust acquires warehouse/distribution center in Chicago’s I-80 corridor

CB Richard Ellis Realty Trust has acquired a 1.35 million-square-foot state-of-the-art bulk warehouse/distribution center in the Chicago market.
Staff Writer April 5, 2017
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