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

Ridge acquires 10.5 acres near O'Hare for spec industrial project

Ridge, the industrial development arm of Transwestern Development Co., has acquired 10.5 acres immediately southeast of O’Hare International Airport for a 178,516-square-foot speculative industrial project. As one of the newest offerings in the O’Hare submarket, O’Hare Gateway Logistics Center will feature 32-foot clear height, low Cook Cou…

Industrial N Illinois

Lee & Associates negotiates 51k SF lease

Lee & Associates has closed a lease transaction for a 51,000-square-foot unit located at 1539 Hunter Road in Hanover Park, IL. Andrew Block, associate, and Mike Plumb, principal, of Lee & Associates’ Illinois office, represented the owner, Acmate LLC.

Industrial N Illinois

NKF Capital Markets conducts sale of industrial asset

NKF Capital Markets has successfully orchestrated the sale of 440 S. McLean Boulevard in Elgin, IL to Plymouth Industrial REIT, Inc. Senior managing director Adam Marshall, SIOR, CCIM and managing director Boris Shraybman oversaw the transaction of the 74,613-square-foot asset on behalf of the seller, a private ownership group. Bryan Bartle…

Office N Illinois

500 W. Madison wins 2018 TOBY Award

500 West Madison in Chicago was awarded The Outstanding Building of the Year (TOBY) by the Building Owners and Managers Association (BOMA) Chicago. 500 West Madison won the award in the “Over 1,000,000 Square Feet” category. The property is managed by Transwestern on behalf of the owner, KBS Realty Advisors.

CRE N Illinois

Savills Studley adds DeJeana Chappell

Savills Studley announced that DeJeanaChappell has joined the firm as senior managing director, workplace strategy. Based in Chicago, she will have responsibility for the central region, including key Midwest markets and Denver. Chappell joins the firm from JLL’s Chicago headquarters.

CRE N Illinois

Andria Winters joins CBRE

CBRE Group, Inc. announced that Andria Winters has joined the firm as senior director, business services on its advisory and transaction services team. In her new role, Winters will be managing the business operations for a team of highly accomplished real estate advisory and transactional professionals based in Chicago, serving clients bot…

Industrial N Illinois

CBRE acquires six-building industrial portfolio

CBRE Strategic Partners U.S. Value 8 has acquired a six-building portfolio of Class A warehouse and manufacturing buildings totaling over 1.4 million square feet in master-planned business parks within Chicago’s two largest industrial submarkets. The portfolio is 95 percent leased to six tenants.

CRE N Illinois

Doug Hayes joins Cawley Chicago as executive vice president

Cawley Chicago has announced the appointment of Doug Hayes, a veteran with more than three decades of commercial real estate brokerage and development experience, and extensive expertise in the area of transportation and logistics management. The appointment of Hayes as an executive vice president of the firm was made by the firm’s ne…

CRE N Illinois

Commercial Real Estate Forecast interview: Geoffrey Kasselman

Fresh off his “tour” as global president of the Society of Industrial and Office Realtors (SIOR), Geoffrey Kasselman has been named as a panelist for one of the general sessions at the 16th Annual Commercial Real Estate Forecast Conference on Wednesday, January 17. In a preview of what are likely topics for that panel—E-Commerce: Fight It o…

Industrial N Illinois

Amazon’s big spillover effect boosting industrial market

| Dan Rafter

Amazon continues to make a push in urban areas, building distribution facilities across the Midwest in the hopes of delivering their products ever faster to their customers. But not only is Amazon boosting the industrial markets across the country, it’s also creating an unusual spill-over effect.