55 results for “Bartlett”
Industrial N Illinois

Capital availability may be drying up for select industrial products

| Matt Baker

Industrial has been so sturdy for so long that it’s hard to remember a time when the asset class wasn’t the darling of commercial real estate. While e-commerce growth is expected to continue—and with it, the warehouses and logistics facilities that bridge the flow of goods from suppliers to consumers—there are a number of question marks at …

Industrial N Illinois

Northern segment of Chicago MSA sees variegated industrial activity

| Matt Baker

For the second quarter in a row, leasing velocity increased in Chicago’s overall industrial market, totaling 10.1 million square feet during the third quarter of 2018. According to a Research & Forecast Report by Colliers International, the northern submarkets had varying changes to absorption and vacancy, though mostly improved.

Industrial N Illinois

Spec industrial project sells in Bartlett

NAI Hiffman announced the recent sale of 1411-1415 Brewster Creek Boulevard in Bartlett, Illinois. The 167,550 square-foot facility, located in northwest Cook County, is G4 Development Group’s third successfully sold speculative asset in the Brewster Creek Business Park.

Office N Illinois

Global supplier Alicona relocates U.S. HQ to Itasca

Alicona, a global supplier of optical 3D surface measurement solutions, recently moved their U.S. headquarters to Itasca from Bartlett, Illinois. The Austrian-based firm has been hiring and expanding their product line leading up to the move and will bring an initial 10 to 15 jobs to the area. 

Industrial N Illinois

Industrial activity varied in northwest portion of Chicago MSA

| Matt Baker

Industrial remains king as the northwest portion of the Chicago metro area saw some interesting movement in the first quarter of the year. According to Newmark Knight Frank’s industrial submarket reports, the O’Hare, North/Central DuPage and I-90/Elgin submarkets each saw mostly positive metrics and a high volume of transactions.

Industrial N Illinois

NKF Capital Markets conducts sale of industrial asset

NKF Capital Markets has successfully orchestrated the sale of 440 S. McLean Boulevard in Elgin, IL to Plymouth Industrial REIT, Inc. Senior managing director Adam Marshall, SIOR, CCIM and managing director Boris Shraybman oversaw the transaction of the 74,613-square-foot asset on behalf of the seller, a private ownership group. Bryan Bartle…

Industrial N Illinois

NKF completes three leases totaling 118,000 SF for Barings

Newmark Knight Frank (NKF) recently completed three new leases totaling 118,000 square feet on behalf of Barings Real Estate Advisers in support of an institutional investor. Senior managing directors Elise Couston, SIOR and Adam Marshall, SIOR, CCIM, along with director Mark Deady, CCIM, all of NKF’s Chicago office, were involved in the deal.

Industrial N Illinois

NKF represents Animal Supply Co. in 220k SF lease in Bartlett

Newmark Knight Frank (NKF) represented Animal Supply Company in a long-term, 220,000-square-foot lease at 1323 Brewster Creek Boulevard in Bartlett, IL. A leading distributor of wholesale pet products, Animal Supply signed the lease within Brewster Creek Business Park following NKF’s strategic analysis of suitable, local options for the com…