160 results for “O’Hare submarket”
Industrial N Illinois

Logistics firm takes on 424k SF lease in Streamwood

The Opus Group and USAA Real Estate announced that a 423,726-square-foot industrial warehouse has been fully leased to Expeditors International. The logistics company specializing in warehousing and distribution services will soon move into the space located at 10 Falcon Court in Streamwood, Illinois.

CRE N Illinois

Six commercial real estate myths debunked

| Matt Baker

Commercial real estate is a complex industry, but there are still some basic rules and trends that guide how it operates. But what if those presumptions are incorrect or exaggerated—built on kernels of truth but with enough anomalies as to throw these “rules” into doubt?

Industrial N Illinois

United Business Mail increases space in O’Hare submarket by 148%

Minneapolis-based United Business Mail (UBM) has signed a 203,000-square-foot full facility lease at 801 Bryn Mawr Avenue in Itasca, Illinois—more than a 148 percent increase in space for the largest independent provider of standard commingle services in the United States. Colliers International I Chicago’s Steve Kohn represented the compan…

Industrial N Illinois

Lee & Associates negotiates O'Hare submarket lease

Lee & Associates has closed a lease transaction for a 13,191-square-foot industrial space located at 628 Thomas Drive in Bensenville, Illinois. Jay Farnam, senior vice president of Lee & Associates’ Illinois office, represented the tenant, Concepts in Flooring. The building is owned by Venture One Real Estate.

Industrial N Illinois

Industrial infill still driving activity in Chicago market

| Matt Baker

Nationally and in Chicago, developers are turning to construction, innovation and technology to meet tenant demand for industrial product. According to Avison Young’s Q1 2018 market overview, the U.S. industrial market, all 12 billion square feet of it, ended the first-quarter of 2018 with an impressive five percent vacancy rate overall.

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.