58 results for “Batavia”
Industrial N Illinois

The I-80 Corridor lags in big box leases

| Matt Baker

Chicago has seen a spate of large, spec industrial facilities tilt up in the past year. Now they’re leasing up. While big box projects throughout the region have begun to find users, the situation is a bit slower in the I-80/Joliet Corridor.

Industrial N Illinois

Short supply to continue for Chicago's suburban industrial market

| Matt Baker

There are no signs of slowing down for industrial assets in Chicago’s suburban submarkets heading into 2019, with tenant activity driving considerable absorption and construction starts. And as demand outpaces supply, these users continue to find space shortages in many parts of Chicago, according to a new report from Brown Commercial Group…

Healthcare N Illinois

The next CRE disruptor: Pharmacology incubator labs

| Matt Baker

Drug makers and other major life sciences companies are working with savvy CRE professionals to bring new life sciences incubator spaces into the market in hopes of fostering the next new innovation. As startups continue to drive life sciences innovation at a startling pace, there are new opportunities on the horizon for both Big Pharma and…

Office N Illinois

Aldi expands corporate footprint in Naperville

Discount grocer Aldi will expand its headquarters in Illinois, leasing additional space in the Naperville Woods Office Center at 1000-1100 E. Warrenville Road in Naperville. NAI Hiffman has been retained by the property owner, Agellan Commercial REIT, to lease and manage the two buildings.

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

Chicago industrial market grows in Colliers Q1 2018 report

| Matt Baker

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.

Healthcare N Illinois

Life sciences real estate is booming

| Matt Baker

Every industry is contending with technological disruptors, and the life sciences are no different. The commercial real estate industry is front and center in this disruption, according to CBRE analysis, and Chicago in particular is poised for growth.