More than 200 results for “transportation industry”
Industrial N Illinois

A closer look at the I-55 Corridor

| Matt Baker

Chicago’s economic climate continued to trend upward throughout the first quarter of 2018, with unemployment down to 5.4 percent year-over-year, a 60-basis-points-drop. With this, the local commercial real estate engine continues to hum. And according to an Avison Young report, the I-55 Corridor is seeing a lot of that activity.

Industrial N Illinois

Industrial infill still driving activity in Chicago market

| Matt Baker

Nationally and in Chicago, developers are turning to construction, innovation and technology to meet tenant demand for industrial product. According to Avison Young’s Q1 2018 market overview, the U.S. industrial market, all 12 billion square feet of it, ended the first-quarter of 2018 with an impressive five percent vacancy rate overall.

Industrial N Illinois

Colliers International arranges 160,660 SF industrial lease

Colliers International I Chicago recently represented Dayton, Minnesota-based King Solutions, Inc. in its lease of a 160,669-square-foot warehouse located at 500 Regency Drive in Glendale Heights, Illinois. This is the first location in the Chicago area for the asset-based, third-party logistics provider of freight transportation management…

Office N Illinois

Borrow from the best: workplace ideas from tech HQs

| Clay Edwards

Technology companies are widely thought of as cool places to work, not just because of what they do, but because of the spaces where they work. Employees in other industries have long envied those spaces—and now, management is on board. In Chicago alone, heritage companies such as Kraft Heinz, Conagra Brands and Morton Salt are creating new…

Industrial N Illinois

Lee & Associates negotiates long-term, 132k SF lease

National real estate brokerage Lee & Associates has closed a long-term lease transaction for a 132,538-square-foot industrial unit located at 220-250 Thorndale Avenue in Bensenville, Illinois. Chris Nelson, principal of Lee & Associates’ Illinois office, represented the tenant, Savino Del Bene, a global logistics and forwarding company.

Industrial N Illinois

A crossroads of possibilities exists at I-39 and I-80

| Matt Baker

Interstate 39 stretches over 300 miles, from Normal, Illinois to just outside Wausau in Wisconsin, skirting along the western edge of the Chicago metropolitan area. Depending on where you travel, the interstate has a variety of characteristics. And at the intersection of I-39 and I-80, a unique climate exists, ripe for new development.

Office N Illinois

The central business district, decentralized

| Matt Baker

It wasn’t that long ago that Chicago’s central business district was confined to the Loop. Over the years, office space has crept outward, spilling over the banks of the river to the north and to the west. So just what is it that entices corporations to move out to the fringes of the CBD?

CRE N Illinois

Lagestee-Mulder acquires multi-tenant flex building in west suburbs

Lagestee-Mulder has purchased a 47,000-square-foot flex building located at 1600 Shore Road in Naperville, Illinois. The multi-tenant, fully leased building sits on a 4.3-acre site in the western suburbs of Chicago and features a 138-car parking lot with both dock-high and grade level loading in many of the spaces. The recently renovated pr…

Industrial N Illinois

NAI Hiffman assists Valencia in three leases

Valencia Properties, LLC has completed three new leases at 1701-1735 W. Armitage Court in Addison, Illinois totaling 22,281 square feet. NAI Hiffman executive vice presidents Mark Moran and John Whitehead represented Valencia in all three lease transactions.

CRE X Missouri

CREW-St. Louis honors local female CRE leaders

The St. Louis chapter of CREW (Commercial Real Estate Women) honored members at its 13th Annual Networking Awards held March 8 at The Saint Louis Woman’s Club. In addition to members, CREW-St. Louis presented its third annual Woman of Influence Award. The award recognizes a female leader who has impacted the commercial real estate industry