156 results for “Joliet”
Industrial N Illinois

Chicago industrial snapshot: The I-80 corridor

| Matt Baker

Chicago’s I-80 corridor absorbed 1.5 million square feet net during the first half of 2019. However, the vast majority of that—1.3 million square feet—was recorded during the first quarter of the year with only one industrial lease signed in the second quarter.

Retail N Illinois

Joliet shopping center sells for $680,000

Marcus & Millichap facilitated the sale of Springfield Plaza, a 10,198-square-foot shopping strip located at 121 Springfield Avenue in Joliet, Illinois, according to David G. Bradley, regional manager of the firm’s Chicago Downtown office. The asset sold for $680,000.

Retail N Illinois

New Lenox shopping center sells for $4.6 million

Marcus & Millichap closed the sale of Bluestone Commons, a 36,025-square-foot retail property located in New Lenox, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. After procuring multiple offers, the asset sold to a Canadian real estate firm for $4,600,000.

Industrial N Illinois

Industrial Outdoor Ventures doubles in size with new hires

Schaumburg, Illinois-based Industrial Outdoor Ventures (IOV), a real estate investment company focused exclusively on the acquisition, development and redevelopment of industrial services facilities, has hired five new staff members: Anthony DeLaurentis, James Georgalas, Eric Johnson, Ray Michaelsen and Tina Torossian.

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.