26 results for “spaceco”
Industrial N Illinois

Flat no more: Demand picks up in the I-55 corridor

| Matt Baker

Throughout 2017 and 2018, industrial activity in the I-55 corridor was relatively flat. The situation is much different so far this year, with nearly 2 million square feet of absorption in the submarket last quarter alone—the greatest quarterly demand in more than three years.

Industrial N Illinois

DuPage Business Center breaks ground in West Chicago

Scannell Properties’ 555 Innovation Drive in DuPage Business Center officially broke ground last week. West Chicago Mayor Ruben Pineda, DuPage County Commissioner Peter DiCianni and representatives from Peak Construction Corporation, john greene Industrial, SpaceCo, IMEG and Scannell Properties attended the groundbreaking ceremony.

Industrial N Illinois

PREMIER breaks ground on spec warehouse in Bolingbrook

PREMIER Design + Build Group broke ground on a 219,000-square-foot speculative warehouse in Chicago’s southwest suburbs. Known as Fountain Square Facility 5, the new structure is the final development of the Fountain Square Commerce Center, which Bridge Development Partners acquired for for $73.5 million in November 2018.

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.

Industrial Midwest

Meridian starts work on Wheeling facility renovation

| Staff Writer

Meridian Design Build recently started work on the renovation an existing 147,006-square-foot industrial building in Wheeling to accommodate a state-of-the-art sorting and distribution center. The facility, being developed by Scannell Properties, is located near the Chicago Executive Airport.