Industrial V Michigan L. Mason Capitani closes 50,000-square-foot industrial lease in Michigan L. Mason Capitanai CORFAC International recently closed a lease with ABC Supply Company for a 50,000-square-foot industrial facility at 50405 Patricia in Chesterfield Township, Michigan.
Industrial O Indiana Molto to develop 246,000-square-foot industrial property in Indianapolis Molto Properties recently acquired 16.58 acres of land in Indianapolis. The site located at 5610 Stanley Road is part of the Ameriplex logistics campus, a 1,700-acre master-planned park developed in a public-private partnership between the City of Indianapolis and Holladay Properties.
Industrial N Illinois Brown Commercial Group completes 18,947 SF of new transactions Brown Commercial Group has completed three leases and a sale totaling 18,947 square feet in Chicago’s western suburbs to growing end users. The transactions were in Carol Stream, Elgin and Franklin Park, Illinois.
Industrial N Illinois Northern segment of Chicago MSA sees variegated industrial activity For the second quarter in a row, leasing velocity increased in Chicago’s overall industrial market, totaling 10.1 million square feet during the third quarter of 2018. According to a Research & Forecast Report by Colliers International, the northern submarkets had varying changes to absorption and vacancy, though mostly improved.
Industrial P Kansas Colliers closes 46,000-square-foot industrial sale in Kansas Steven D. Rogers sold a 46,748-square-foot industrial building at 220 N. Mahaffie St. in Olathe, Kansas, to Chimney Corner Investments.
Industrial N Illinois Hilco selects Cushman & Wakefield to market Exchange 55 which will deliver Q1 2020 Cushman & Wakefield has been selected as exclusive leasing broker for Exchange 55, the largest new industrial development available in Chicago. The planned development is approved, which means the site is fully entitled and zoned for industrial. Exchange 55 will break ground immediately, with delivery expected in the first quarter of 2020.
Industrial v Wisconsin Dickman Company sells industrial building in Menomonee Falls The Dickman Company, Inc./CORFAC International sold an 8,160-square-foot industrial building at N57 W13330 Reichert Ave. in Menomonee Falls, Wisconsin.
Industrial v Wisconsin Barry Company closes 72,000-square-foot industrial lease near Milwaukee Kevin Barry with the Barry Company brokered the lease of 72,000 square feet of industrial space to Product Miniature Co. in Pewaukee, Wisconsin.
Industrial V Michigan Friedman sells 33,000-square-foot industrial property in Detroit Friedman Real Estate recently sold a 33,077square-foot industrial building at 13250 Rotunda Drive in Dearborn, Michigan.
Industrial N Illinois PREMIER and Bridge Development break ground on second phase of Cicero industrial development With the first building completed nearly a year ago, PREMIER Design + Build Group and Bridge Development Partners, LLC broke ground on the second and third buildings in Cicero’s Bridge Point 290 development last Tuesday. The first facility is already fully leased, and the new additions are expected to provide 575,935 square feet of space for future industrial tenants.
Industrial v Wisconsin Dickman Company closes lease for windows company in Wisconsin The Dickman Company, Inc./CORFAC International closed a lease between landlord Price Avenue Partners, LLC and tenant Windows Depot, which will be occupying 7,500 square feet of space at 4630 South Brust Ave. in St. Francis, Wisconsin.
Industrial N Illinois Conor Commercial completes $73.5M industrial portfolio sale to Bridge Development Conor Commercial Real Estate has sold Fountain Square Commerce Center, a four-building, 741,586-square-foot industrial portfolio in Bolingbrook, Illinois, to Chicago-based Bridge Development Partners for $73,500,000. Colliers International | Chicago represented Conor Commercial and partner, LaSalle Investment Management, in the transaction.
Industrial N Illinois Chicago's industrial fundamentals remained strong in the third quarter The Chicago economic landscape continued to improve throughout the third quarter of 2018. According to an Avison Young third quarter 2018 industrial market report, Chicago witnessed—and should continue to see—strong industrial activity.
Industrial N Illinois Marcus & Millichap arrange sale of Macomb self-storage facility Marcus & Millichap announced the sale of Land of Lincoln Storage, a 173-unit, 22,075-square-foot, self-storage facility located at 320 N. Bonham Street in Macomb, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office.
Industrial N Illinois ML Realty Partners completes 400k SF in Chicago-area lease transactions ML Realty Partners recently completed nearly 400,000 square feet of industrial leases in Chicagoland. The transactions—two renewals and two new leases—were located in the suburbs of Addison, Bridgeview, Lockport and Schaumburg.
Industrial W Minnesota CBRE sells pair of industrial tech buildings in Minnesota CBRE Capital Markets recently arranged the sale of Technology Park V and VI, a pair of industrial tech buildings totaling 125,340 square feet in Eden Prairie, Minnesota, to a local buyer for $6.35 million.
Industrial V Michigan Friedman sells 14,000-square-foot industrial building in Michigan Friedman Real Estate recently sold a 14,800-square-foot industrial building at 42600 Executive Drive in Harrison Township, Michigan.
Industrial X Missouri SR Realty Trust acquires 173,000-square-foot warehouse in Kansas City SR Realty Trust, Inc. recently acquired a fully leased multi-tenant distribution warehouse property in the northeast quadrant of Interstate-435 and Front Street East in Kansas City’s Northland/Executive industrial submarket.
Industrial X Missouri Avison Young closes 154,000-square-foot industrial sale in St. Louis Avison Young has negotiated the sale-leaseback of a 154,736-square-foot industrial portfolio in the St. Louis market.
Industrial N Illinois Liberty Property Trust’s new Bensenville property attracts first lease Vicostone USA has signed a lease for 54,776 square feet of space in Liberty Property Trust’s sustainably designed, 96,962-square-foot industrial building at 350 N. York Road in Bensenville, Illinois. The new tenant will relocate its regional showroom and warehouse operation from its existing Elk Grove Village, Illinois location by Spring 2019.