151 results for “Romeoville”
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

Duke Realty building 543,780-SF spec warehouse in I-55 submarket

The Chicago office of Duke Realty is building a new, 543,780-square-foot spec bulk warehouse in Romeoville, Illinois. The building, which is known as Airport Logistics Center I, is located on Renwick Road between I-55 and I-355 and just minutes from Lewis University Airport. The 76.46-acre site on which the building is located allows for an…

Industrial N Illinois

There’s no stopping the ever-growing warehouse

| Matt Baker

If Gulliver were to travel through modern America’s real estate landscape, he might note the Lilliputian market share of the retail sector—and the corresponding Brobdingnagian nature of warehouse and logistic facilities. And it’s not just market share as industrial buildings themselves grow in size every year.

Industrial N Illinois

No end in sight for speculative industrial

| Matt Baker

From this time last year until now, unemployment in Chicago is down and the number of construction jobs are up. The market downturn that many fear hasn’t yet reared its head. All of which means the historic run of speculative development in Chicago continues apace.

Industrial N Illinois

Ram Tool to open a branch in Chicago

Birmingham, Alabama-based Ram Tool Construction Supply Co. has opened a new greenfield branch in the Greater Chicago Area. Located at 5 Greenwood Avenue in Romeoville, Illinois, the store is Ram Tool’s first branch in the state.

CRE N Illinois

Aviation-themed student center dedicated at Lewis University

Wight & Company joined students, faculty and administrators at Lewis University to celebrate the grand opening and dedication of a new 25,500-square-foot student center. The Brother James Gaffney, FSC Student Center will be a campus hub for students at the university’s Romeoville campus in Chicago’s western suburbs. This multi-level structu…

Industrial N Illinois

RJW Transport continues rapid growth in Chicago market

JLL announced a 416,504-square-foot lease for RJW Transport at 50 Southcreek Parkway in Romeoville, Illinois, making this the largest new lease in the I-55 Corridor this year. The deal symbolizes what has been a monumental year for the logistics and warehouse provider. In 2018 alone, RJW has taken nearly 1.2 million square feet of new space…

Industrial N Illinois

As Chicago industrial expands, investors target familiar areas

| Matt Baker

The Chicago logistics industry remains on stable footing as steadily growing wages and accelerating household formation are driving demand for more e-commerce-driven warehouse space. And according to Marcus & Millichap’s second half 2018 industrial research market report, developers looking to expand Chicago’s 1 billion-plus square-foot inv…

Hospitality N Illinois

New WoodSpring Suites hotel opens in Carol Stream, Illinois

Choice Hotels International, Inc., in collaboration with Holladay Properties, LLC, opened the WoodSpring Suites Chicago Carol Stream. The new WoodSpring Suites hotel, located at 1160 N. Gary Avenue in Carol Stream, Illinois, is the second hotel in the Chicago metro that the two companies have opened this year following the WoodSpring Suites…

Industrial N Illinois

Venture One acquires 38k SF industrial building in Romeoville

Venture One Real Estate—through its acquisition fund, VK Industrial IV, LP, a partnership between Venture One and Kovitz Investment Group—has closed on the acquisition of a 38,235-square-foot industrial building on 3.75 acres located at 515 Anderson Drive in Romeoville, Illinois. The multi-tenant building is currently 74 percent leased to f…