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.

Industrial N Illinois
1600 Fleetwood in Elgin, Illinois.

Midwest Industrial sells part of portfolio for $21 million

Midwest Industrial Funds recently closed on the sale of the first phase of a three‐building, $21 million sale to Plymouth Industrial REIT. The first phase included over 280,000 square feet of fully leased properties at 1600 Fleetwood in Elgin, Illinois and 3 W. College Drive in Arlington Heights, Illinois. 1600 Fleetwood was leased long term to Stamar Packaging, a leading distributer of packaging, shipping and industrial supplies, and 3 W. College was leased to Arrows‐Up, an affiliate of Denver-based Omnitrax, who provides containerized bins for the blending of sand/silica used in the oil and fracking industries.

Industrial N Illinois
HSA Commercial sells 218,500 SF warehouse in Lake County

HSA Commercial sells 218,500 SF warehouse in Lake County

Chicago-based HSA Commercial Real Estate announced the completed sale of a 218,500-square-foot industrial building in the Delany Commerce Center—a multi-phase, 22.7-acre development east of the Tri-State Tollway in Waukegan, Illinois. The firm developed the distribution center in 2013 in partnership with Washington Capital Management Inc. and recently sold the building to a private investor.