Industrial N Illinois
Colliers International arranges 160,660 SF industrial lease

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, retail project logistics, order fulfillment and warehousing services, which sought to establish a presence closer to several of its core clients.

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

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
Uline’s new, 417,384-square-foot, spec facility in Pleasant Prairie, Wisconsin.

Chicago industrial market grows in Colliers Q1 2018 report

Key submarkets in the Chicago industrial market continue to surge ahead. According to Colliers International’s research, the Chicago metro area as a whole had new leases and lease expansions of 6.9 million square of during the first quarter of 2018. The 4.5 million square feet of total net absorption is the strongest first quarter tally since 2016.

Industrial N Illinois
A view of the Illinois river from Ottawa, Illinois. A variety of multi-modal options—interstate, rail, airport and waterway—are key to North Central Illinois’s performance as a

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

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.