Archive | Chicago Industrial Properties

Colliers International names top national producers to the firm’s Everest Club

February 11, 2016 Colliers International has announced its annual Everest Club honorees, a designation awarded to the top 10 percent producers from Colliers International’s Americas region. Read more...

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Welbic LLC acquires 15-building industrial portfolio from Venture One Real Estate for $50 million

February 10, 2016 Welbic LLC has purchased 15 industrial properties from Venture One Real Estate, for approximately $50 million. The properties total roughly 900,000 square feet of buildings located from Kenosha, Wisconsin to Alsip, Illinois. There are 22 tenants that occupy the 15 buildings. Read more...

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CBRE: Chicago industrial market hits lowest availability rate in two decades

February 09, 2016 The Chicago industrial market has recorded its 22nd consecutive quarter of positive absorption in Q4 2015, according to CBRE Research. Data shows that the availability rate lowered to 6.5 percent—the lowest it has been since 1996. Read more...

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Lee & Associates assists in 58,520-square-foot industrial lease in Glendale Heights

February 09, 2016 Lee & Associates has negotiated a lease transaction for a 58,520 square-foot industrial space in a 138,242 square-foot building located at 110 Internationale Boulevard in Glendale Heights. Read more...

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Molto Properties closes $27.8 million sale of industrial property in Joliet, IL

February 09, 2016 Cushman & Wakefield has brokered the sale of a 575,000-square-foot industrial property at 3451 S. Chicago Street in Joliet. The newly constructed asset traded from Molto Properties to Midwest Warehouse for $27.8 million. Read more...

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NGKF to lease new 271,200-square-foot industrial spec development in Bartlett, IL

February 09, 2016 Newmark Grubb Knight Frank (NGKF) has been appointed as the exclusive leasing agent for Ridge Brewster Creek, a 271,200-square-foot, 14-acre, industrial spec development within Brewster Creek Business Park in Bartlett, Illinois. Read more...

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Skender Construction promotes four team members

February 08, 2016 Skender Construction announced today that four members of its team have been promoted Read more...

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Skyline Properties acquires 7.3-acre industrial site near O’Hare

February 08, 2016 Transwestern has brokered the disposition of a four-building, 160,961-square-foot industrial property immediately east of O’Hare International Airport in Schiller Park, Illinois. Read more...

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Jeffery Kapcheck joins CBRE as SVP in industrial and logistics services

February 05, 2016 CBRE announced that Jeffery Kapcheck has joined the firm’s Industrial & Logistics Services practice as a senior vice president. Read more...

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NGKF’s Mike Prost on his love for manufacturing and what he has planned this year as the new 2016 AIRE president

February 04, 2016 After years of serving on the board and moving up the officer ranks, Mike Prost, a senior managing director with Newmark Grubb Knight Frank, became the 2016 president of the Association of Industrial Real Estate Brokers on Jan. 1. Read more...

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