74 results for “i-80 corridor”
Industrial N Illinois

The last word on last mile

| Matt Baker

Ever since the e-commerce revolution, the real estate industry has grappled with the concept of the last mile—where it is, how to build it up and how to capitalize on it. Perhaps unsurprisingly, the answers to these remain elusive.

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.

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

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

Chicago construction starts increase dramatically

| Matt Baker

Is the dearth of new supply during the third quarter of 2018—the lowest quarterly total since 2015—a sign of a downturn? According to the latest research update from Colliers International, it’s much more likely to be the calm before the storm as construction starts increased dramatically this quarter.

CRE N Illinois

Marty Mikaitis joins Darwin Realty

Darwin Realty announced that Marty Mikaitis has recently joined the firm as an associate in its Elmhurst office. Mikaitis will work with Adam Haefner and Zeke Rowan on a full range of brokerage services including tenant, buyer and ownership representation, build-to-suit projects and land development. Mikaitis also works on investment analys…