More than 200 results for “logistics property company”
Office N Illinois

McShane delivers new O'Hare office property for Glenstar

McShane Construction Company has completed construction of Glenstar O’Hare, a new-build office property on behalf of developer GlenStar Properties. The 150,000-square-foot building was constructed on a 3.5-acre greenfield site at the intersection of the Kennedy Expressway and Cumberland Avenue near Chicago’s O’Hare International Airport.

Industrial N Illinois

Prologis to acquire Industrial Property Trust in $4B deal

Logistics real estate giant Prologis, Inc. has signed a definitive merger agreement to acquire Industrial Property Trust Inc. (IPT). Prologis will acquire IPT's wholly owned real estate assets for approximately $3.99 billion in a cash transaction, including the assumption and repayment of debt. The transaction is expected to close by the fi…

Office N Illinois

Tech firm ActiveCampaign doubles its Loop footprint

ActiveCampaign, a marketing software company, has signed a 50,000-square-foot lease at 1 North Dearborn Street in Chicago’s Loop, in addition to the 65,000 square feet that the firm has occupied since 2017. Having doubled its workforce to approximately 500 employees in the past few years, ActiveCampaign now occupies space on the fourth and …

Industrial N Illinois

The state of the industrial market

| Whitney Carlisle

A panel of real estate brokers, investors and developers essentially all agreed that the industrial marketplace continues to flourish, surpassing just about every growth and expansion metric conceivable. The panel was convened at the 16th Annual CIP Summit, hosted by REjournals and I had the pleasure of moderating a panel of six talented pr…

Industrial N Illinois

Online grocery and last mile growth continue to drive food space usage

| Todd Heine

The growth in fresh and organic food products and last mile delivery is fueling significant demand for industrial space in Chicago and across the country. As a central location for food production, warehousing and distribution since the 1800s, Chicago continues to attract a diverse range of manufacturers, distributors and food ingredient companies.

Industrial P Kansas

Pair of tenants move into Opus spec building near Kansas City

Gateway Classic Cars and Lanter Delivery Systems, Inc. are the first tenants in Opus Development Group’s recently completed speculative warehouse and distribution building at 56 Commerce Center in Olathe, Kansas. Gateway Classic Cars and Lanter moved into 56 Commerce Center earlier this year and now occupy more than 85,000 square feet in th…