More than 200 results for “transportation industry”
CRE N Illinois

CRE Future Leaders: Jared Larson

As part of our series, CRE Future Leaders, we caught up with Jared Larson, vice president of asset management and investment at Sterling Bay. Since joining Sterling Bay in 2014, Larson has worked in a broad spectrum of the industry, including acquisitions, dispositions, financing, capital markets, asset management and development. His effor…

Industrial N Illinois

Construction is underway on Rochelle cold storage facility

Americold, a temperature-controlled supply chain firm based in Atlanta, is close to delivering a 14-story cold storage facility in Rochelle, Illinois. The 183,000-square-foot building, which will contain a series of temperature-controlled rooms and be serviced by an automated storage and retrieval system, should be operational by late 2018.

Industrial O Indiana

Finding creative solutions to industrial's labor shortage

| Sean McHale

The Indianapolis industrial market is finishing its 25th consecutive quarter of positive absorption, fueled by demand from e-commerce, consumer goods and general distribution businesses. As the region’s strong business climate and central Midwest location continues to attract tenants, there are growing concerns about how the labor shortage …

Industrial N Illinois

J.D. Salazar repositions Champion Realty Advisors

J.D. Salazar, a leader in Chicagoland commercial real estate community for more than 30 years, has re-launched Champion Realty Advisors with a new initiative. This new venture focuses on acquiring industrial properties related to transportation and outdoor storage, on behalf of high net worth individuals and family offices.

Industrial N Illinois

Some improvement in the I-55 Corridor

| Matt Baker

The Chicago metro industrial market remained strong last quarter. The 8.6 million square feet of new leasing activity during Q2 is the highest quarterly total since 2015 and the plummeting vacancy rate, which was down by an 23 basis points to 6.4 percent, is the lowest rate recorded since 2001.

Healthcare N Illinois

The next CRE disruptor: Pharmacology incubator labs

| Matt Baker

Drug makers and other major life sciences companies are working with savvy CRE professionals to bring new life sciences incubator spaces into the market in hopes of fostering the next new innovation. As startups continue to drive life sciences innovation at a startling pace, there are new opportunities on the horizon for both Big Pharma and…

Industrial N Illinois

ML Realty Partners announces 372k SF building lease

ML Realty Partners has leased a 371,994 square foot distribution facility to Kane is Able, Inc. at Heritage Crossing, 14630 South 147th Court in Lockport, Illinois. Kane is Able, a 3PL warehousing, transportation and supply chain logistics company, chose Heritage Crossing for this location due to many features including visibility along I-3…

Industrial N Illinois

New distribution center headed to Chicago's Southeast side

Chicago Mayor Rahm Emanuel and 10th Ward Alderman Sue Sadlowski Garza announced plans for a $169 million industrial complex that will strengthen Chicago’s Southeast Side position as an epicenter of transportation and logistics for the entire Midwest. Kansas City-based NorthPoint Development will take the lead on the project.

Industrial N Illinois

Multitenant distribution is filling in the gaps

| Matt Baker

E-commerce and big box industrial are the couple out on the floor that for years have been drawing all eyes with their impressive moves. But e-commerce has another partner on its dance card as multitenant distribution warehouses have become an import part of the logistics supply chain.

Retail N Illinois

200,000 SF, mixed-use retail center headed to Lincoln Park

Chicago-based Structured Development has entered into an agreement with the Menomonee Club to purchase its 36,000-square-foot community center at 1535 N. Dayton Street, known as the Drucker Center. Structured plans to develop a new facility for the nonprofit organization on a portion of its 2.5-acre site at the southwest corner of Blackhawk…

Industrial N Illinois

Where Chicago is headed: A Q&A with Colliers’ Jim Carris

| Matt Baker

Industry veteran Jim Carris recently joined Colliers International as executive managing director and market leader for the firm’s operations in Chicago. Carris brings to his new role over 25 years of experience in all sectors of commercial real estate, making him a prime candidate to probe for answers about the state of the Chicago economy…