Archive | Chicago Industrial Properties

Loft office building in Chicago’s River West neighborhood sells for $24M

September 27, 2016 A local investor is cashing in after selling a property in the city for double the amount it originally acquired it for just two years ago. Read more...

Chicago Industrial Properties, News Comments (0)

Low vacancy, high demand: The factors keeping industrial cap rates strong in Chicago

September 27, 2016 In the latest CBRE North America Cap Rate Survey, the firm found that cap rates for Class A industrial properties sit between 4.75 percent and 5.5 percent--a decrease from 2015, and just below the national average of 5.5 percent. Read more...

Chicago Industrial Properties, News Comments (0)

NAI Hiffman completes six industrial transactions throughout Chicagoland area

September 27, 2016 NAI Hiffman recently represented four tenants in signing new leases and two tenants in purchasing buildings across the Chicagoland industrial market. Read more...

Chicago Industrial Properties Comments (0)

Danco Converting moving Elk Grove Village manufacturing operations to Carol Stream facility

September 27, 2016 The company will consolidate and relocate its two Elk Grove Village, Ill., operations to the Carol Stream facility. Read more...

Chicago Industrial Properties, News Comments (0)

Chicago’s new industrial growth zones: An expedited approach to tax incentives

September 20, 2016 On Sept. 13, Brian Liston, Attorney at Law at The Law Offices of Liston & Tsantilis, PC, testified in front of the Cook County Board of Development in favor of a new incentive program aimed at encouraging industrial growth in the southern and western parts of Cook County. Read more...

Chicago Industrial Properties, CIP Column, News Comments (0)

CR Realty Advisors affiliate acquires seven industrial properties in Chicagoland area

September 20, 2016 In one acquisition, the affiliate purchased a 65,000-square-foot industrial building from the Cozzini Corporation. Read more...

Chicago Industrial Properties Comments (0)

Zilber Property Group acquires 51,200-square-foot industrial building in Willowbrook

September 20, 2016 Lee & Associates negotiated the sale and leaseback of a 51,200-square-foot industrial building at 7725 S. Quincy Street in Willowbrook. Read more...

Chicago Industrial Properties, News Comments (0)

PVG Trucking relocates Elk Grove Village operations to SunGate Park in Chicago

September 19, 2016 The company is relocating its operations from Elk Grove Village location to SunGate Park, which allows them to expand and be more centrally located to the people they serve. Read more...

Chicago Industrial Properties, News Comments (0)

LeSaint Logistics renews 92,584 square feet in Romeoville

September 19, 2016 LeSaint Logistics, LLC has renewed its 94,584-square-foot lease at Prologis Park 55, 868 W. Crossroads Parkway in Romeoville, Illinois. Read more...

Chicago Industrial Properties, News Comments (0)

Brennan Investment Group acquires seven-building industrial business park in Lombard

September 13, 2016 The property is located approximately 30 minutes from O'Hare International Airport and 20 minutes from Chicago's Central Business District with easy access to two major highways. Read more...

Chicago Industrial Properties, News Comments (0)

Conor Commercial delivers 70-acre industrial business park in Bolingbrook

September 13, 2016 Fountain Square Commerce Center is comprised of four speculative buildings ranging in size from 109,088 to 320,532 square feet. Read more...

Chicago Industrial Properties, News Comments (1)

Lake County’s latest build-to-suit project will be new home to ThermFlo/Zonatherm’s headquarters

September 13, 2016 The site is currently under construction and will be home to the firm’s 42,000-square-foot headquarters, representing the first build-to-suit project in Lake County over the past few years. Read more...

Chicago Industrial Properties, News Comments (0)

Cushman & Wakefield secures Avison Young industrial team

September 09, 2016 Keith Puritz and Brett Kroner will serve as executive directors, Eric Fischer will serve as senior director, and Michael Scadron and Marc Samuels will serve as associates. Read more...

Chicago Industrial Properties, Illinois Real Estate Journal, News, People on the Move Comments (0)

NGKF represents two clients in sizable build-to-suits within two months

September 08, 2016 This past May and June, Newmark Grubb Knight Frank (NGKF) participated in two major groundbreaking celebrations in Illinois. Read more...

Chicago Industrial Properties, CIP Column, Publication Comments (0)

Real estate professionals tee-up to benefit Lake County no-kill animal shelter

September 08, 2016 Save-A-Pet is one of the largest no kill shelter for dogs and cats in Lake County. It boasts the top rating on Charity Navigator and has rescued over 60,000 animals since its inception in 1972. Read more...

Chicago Industrial Properties, Illinois Real Estate Journal, News, People on the Move Comments (0)

NAIOP Chicago hosts rooftop gathering at East Bank Club to toast to a great summer 2016

September 08, 2016 Summertime blues and skyline views-- that's what more than 450 industry professionals experienced at NAIOP Chicago's 5th Annual Farewell to Summer Networking Event held at the East Bank Club, Aug. 31. Read more...

Chicago Industrial Properties, Illinois Real Estate Journal, News Comments (0)

Novak Construction breaks ground on new affordable senior living apartments in Richmond, Illinois

September 06, 2016 Novak Construction has site work underway for the new development that will serve low income seniors in need of secure housing. It is situated adjacent to a walking trail and will feature services focused on health and wellness for seniors 55 and older. Read more...

Chicago Industrial Properties, News Comments (0)

Mixed-use office, industrial property nearing completion in Woodridge

September 06, 2016 The LEED-certified, single-story building being developed by Lakeview Realty Investors is located on a 7.2-acre site in the Woodhill Crossings Business Park, near I-55 and I-355. Read more...

Chicago Industrial Properties, News Comments (0)

Learjet Inc. renews 333,988-square-foot lease in Des Plaines

September 06, 2016 Learjet Inc. has renewed its 333,988-square-foot lease at 251 Wille Road in Des Plaines, Illinois. Read more...

Chicago Industrial Properties, News Comments (0)

Construction begins on Chicago area’s current largest spec development

September 06, 2016 Joliet Logistics Park will offer tenants excellent visibility from Illinois Route 53. The property will also provide easy access to I-80 and I-55, and close proximity to both BNSF and Union Pacific intermodal operations. Read more...

Chicago Industrial Properties, News Comments (0)

UA-5963631-1