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…
University Park
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…
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…
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…
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…
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…
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.
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.
NAI Hiffman represents PepsiCo Americas in 12.3 acre sale
NAI Hiffman's Chris Gary recently represented PepsiCo Americas in the sale of 12.3 acres of land in University Park.
CenterPoint sells two manufacturing and distribution buildings
CenterPoint Properties has sold two Chicago suburban plants for $39.65 million.