More than 200 results for “truck terminal”
Industrial N Illinois

Duke Realty building 543,780-SF spec warehouse in I-55 submarket

The Chicago office of Duke Realty is building a new, 543,780-square-foot spec bulk warehouse in Romeoville, Illinois. The building, which is known as Airport Logistics Center I, is located on Renwick Road between I-55 and I-355 and just minutes from Lewis University Airport. The 76.46-acre site on which the building is located allows for an…

Industrial N Illinois

Opportunities and trends within the industrial arena

| Matt Baker

Last Friday, over 325 people went out to Oak Brook, Illinois to once again hear knowledgeable speakers discuss the hottest asset class this cycle: industrial. The 16th annual CIP Industrial Summit, hosted by REjournals, has become a trusted mainstay and this year’s attendees soaked in the expertise.

CRE W Minnesota

Big Brothers Big Sisters find new location in Minneapolis

Big Brothers Big Sisters Twin Cities (BBBS) finalized a real estate purchase last week that brings the nearly 100-year-old organization closer to realizing its vision for a youth development hub in North Minneapolis. The 18,266-square-foot property is located along Washington Avenue.

Legal V Michigan

Retail leases and rent payments: Timing is everything

| Gary Kravitz

Two recent client situations remind me of a critical lease issue that sometimes gets overlooked. In each situation, the tenant entered into a retail lease where rent would begin within “x” days after the execution date of the lease. Under normal circumstances, the free rent period in both leases would have been sufficient for the tenant to …

Industrial P Kansas

First tenants move into Opus' spec industrial facility in Kansas

The Opus Group recently announced that Gateway Classic Cars and Lanter Delivery Systems, Inc. as the first tenants in the recently completed speculative warehouse and distribution building at 56 Commerce Center. Located in Olathe, Kan., Gateway Classic Cars and Lanter moved into 56 Commerce Center earlier this year and now occupy more than …

Industrial N Illinois

Technology supplier expands and relocates with long-term lease

Entre Commercial Realty has completed a lease of 34,229 square feet at 220 Exchange Drive within the Crystal Lake Business Center in Crystal Lake, Illinois. MDG Computer Services Inc. (d/b/a 5GStore.com)—a supplier of Wi-Fi, networking and cellular technology solutions—entered into a long-term lease where it will nearly quadruple in size to…

Industrial N Illinois

There’s no stopping the ever-growing warehouse

| Matt Baker

If Gulliver were to travel through modern America’s real estate landscape, he might note the Lilliputian market share of the retail sector—and the corresponding Brobdingnagian nature of warehouse and logistic facilities. And it’s not just market share as industrial buildings themselves grow in size every year.

CRE N Illinois

Studio Gang-led team chosen for $8.5B O'Hare expansion

| Matt Baker

Chicago Mayor Rahm Emanuel announced today that Studio ORD has been selected to implement an $8.5 billion expansion of O’Hare International Airport’s terminal space. Studio ORD is a joint venture led by Chicago-based Studio Gang along with Solomon Cordwell Buenz, STL Architects, Corgan Associates and Milhouse Engineering and Construction.

Industrial N Illinois

The U.S. labor shortage: Is it real or economic semantics?

| Elise A. Couston, SIOR

The U.S. economy is benefitting from one of the longest economic expansions in history, with more than 118 months of sustained growth, extending the longest employment expansion on record. As a result, labor market conditions have tightened in recent years, with shortages of qualified workers reported among multiple trades and occupations.