More than 200 results for “logistics”
Industrial N Illinois

Records begone: Big Box industrial achieves new highs

| Matt Baker

During this impressive period of economic expansion, 2016 was a banner year for big box industrial absorption with 16.1 million square feet. Even as we get late into the cycle, there’s always the possibility of topping records as that figure rose to 17.4 million square feet last year.

CRE N Illinois

ACO Commercial arranges $14.8 million land sale near the United Center

Chicago-based ACO Commercial’s George Toscas has arranged the sale of a 2.8-acre land site located in Chicago’s West Loop on behalf of a private investor group. The property, which takes up almost an entire city block (bounded by Lake, Hoyne, Damen and Walnut) and is fully leased to Standard Equipment Company, sold to Realterm Logistics for…

CRE N Illinois

Dermody Properties hires Neal Driscoll as Midwest region partner

Dermody Properties, a national real estate investment, development and management company specializing in acquisitions and development of logistics properties, has hired Neal Driscoll as Midwest region partner. Based in the company’s Chicago office Driscoll is responsible for the company’s expanding portfolio across the Midwest including th…

Industrial N Illinois

Oversupply concerns are overblown

| Matt Baker

Nearly 290 million square feet of industrial space came to market across the nation last year. A new report shows that these deliveries absorbed at strong rates, assuaging fears that the red-hot sector was in danger of overbuilding.

Industrial N Illinois

Off market, 110,355-SF industrial building trades in Aurora

Transwestern Commercial Services brokered the off-market sale of 2350 Prospect Drive in Aurora, Illinois. The 110,355-square-foot property was purchased by Black Creek Group, a Denver-based real estate investment management firm. Executive vice presidents Justin Lerner and Joe Karmin provided acquisition services on behalf of Black Creek Group.