Archive | Chicago Industrial Properties

Cushman & Wakefield launches Automotive Specialty Practice Group

August 23, 2016 The new group includes a global, cross-discipline team of experienced and accomplished real estate and business advisors to auto manufacturers, suppliers, distributors and retailers. Read more...

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Former Hostess site in Schiller Park to be redeveloped into O’Hare distribution space

August 23, 2016 Located at 9555 & 9655 West Soreng Avenue, the property was formally the home to a Hostess and Twinkie plant where it produced sweets for 84 years. Read more...

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Illinois Industrial Tool’s new 166,000-square-foot lease in Lockport prompts Panattoni to expand campus

August 23, 2016 With this lease signed shortly after the spec building’s completion, only 62,598 square feet remains available for lease in building No. 2, prompting Panattoni to announce the development of a third spec building on the site. Read more...

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LabCorp industrial building in Itasca acquired for $6.25 million in single tenant net-lease sale

August 22, 2016 The 40,150-square-foot LabCorp building is positioned on a 3.37-acre parcel within the Spring Lake Business Park. Read more...

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Podolsky|Circle CORFAC International forms construction group, appoints Michael Lebar to lead division

August 18, 2016 Podolsky|Circle Construction Services is being established to offer a wide range of client-centric and third-party services including general contracting for tenant build-out and ground-up construction (and build-to-suits), construction management and advisory services. Read more...

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CBRE and Chicago Cubs joint charity bash raises more than $360,000 for local charities

August 18, 2016 After an all-around gloomy day Aug. 15, the only thing that poured that evening was a crowd of more than 1,300 area professionals and families, into Wrigley Field as CBRE and the Chicago Cubs hosted the 9th Annual CBRE Cares Charity Bash at the friendly confines. Read more...

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The Missner Group adds new director of marketing and communications

August 18, 2016 In her new role, Heraty will lead the strategic communications efforts including social media, website maintenance and all internal and external communication. Read more...

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Michael Tenuta joins Avison Young as vice president

August 18, 2016 He will assist with the firm’s expanding project management practice in Chicago and across the U.S. Read more...

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NAIOP’s Annual Golf Outing brings together more than 160 members and guests

August 18, 2016 The day-long event included a lunch buffet, cocktails and hors d’oeuvres and contest prizes, which were awarded in the Longest Putt, Longest Drive and Closest to the Pin categories, as well as a First Place Foursome. Read more...

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Midwest industrial real estate just got even hotter, thanks to a bigger, better Panama Canal

August 18, 2016 The mother of all short-cuts for the supply chain world—the Panama Canal—just got a lot bigger this June, and so did the ships that move through it. As a result, the Midwest industrial real estate market may also be getting a big boost, Panamax-style. However, when and how that boost will occur depends on who you ask. Read more...

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Newly planned spec industrial project in City of Chicago will offer 197 acres of available land

August 16, 2016 The park will benefit from incentive packages from the city and state, 6B tax incentives as well as access to major highways, which allows tenants to service downtown Chicago. Read more...

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Meridian Design Build breaks ground on new Bartlett build-to-suit for Traffic Control & Protection

August 16, 2016 The location for the new building appealed to the company due to its ability to accommodate an outside storage yard, a key element of the Traffic Control and Protection’s operations. Read more...

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Lee & Associates to market new speculative development in Batavia

August 16, 2016 The Rosemont office of Lee & Associates Commercial Real Estate Services will be marketing the property located at 1200-1250 Douglas Road, exclusively. Read more...

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Mission Capital Advisors secures $19.3M financing for eight Chicago industrial properties

August 15, 2016 The loans include a $14.4 million bridge loan for six industrial properties, and $4.95 million in acquisition financing for a separate transaction, all of which were arranged by Mission Capital's Gregg Applefield, Alex Draganiuk and Lexington Henn, for Hackman Capital Partners. Read more...

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Fifth Annual Summer Eclipse raises record $483,000 for charity

August 12, 2016 The summer gala brought in more than 500 industry pros and raised a total of $483,000 for this year’s charity partner and primary benefactor Bunker Labs, a national non-profit organization built by military veteran entrepreneurs to empower other military veterans as leaders in innovation. Read more...

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Fannie May relocating regional distribution center to former Dominick’s site in Northlake

August 12, 2016 The site, owned by Bridge Development Partners, LLC, was formerly used as a Chicago-area distribution facility for Dominick’s, though it has remained vacant since the grocer moved out of the campus in late 2014. Read more...

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Hamilton Partners’ Ron Lunt named private sector co-chair for Choose DuPage

August 11, 2016 He will serve as elected private sector co-chair for a two-year term. Lunt has served on the board of directors for Choose DuPage for the last three and a half years. Read more...

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Bridge Development Partners hires Ken Verne as senior director of asset management

August 11, 2016 He brings more than 15 years of experience in commercial real estate to his new role, where he will be responsible for overseeing Bridge’s asset and property management division. Read more...

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Cawley Chicago’s Joshua Hearne achieves SIOR designation

August 11, 2016 Hearne joined Cawley in 2005 as an intern assisting the brokerage team with office and industrial transactions. Read more...

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Grant Thornton names Jim Brady chief operating officer

August 10, 2016 Brady will continue to report to Grant Thornton Chief Executive Officer Mike McGuire, and will be involved in all office operations both nationally and for Grant Thornton’s Central and East regions. Read more...

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