Industrial v Wisconsin
Enterprise Business Park in Sturtevant, Wisconsin. The development has one completed building and another now under construction. All four planned phases call for a total of 1.3 million square feet of industrial space.

Building boom in Southeast Wisconsin

Kenosha County, Wisconsin is one of the smallest industrial submarkets in the Chicago metro area. Its 249 properties, as of Q4 2018, are second to last in inventory count, as is its total square footage of 33,569,560 square feet. But that’s about to change as no area had more square footage under construction at the close of 2018.

Industrial N Illinois
Cushman & Wakefield secures 2018’s largest industrial lease in City of Chicago at Marina Crossings

Cushman & Wakefield secures 2018’s largest industrial lease in City of Chicago at Marina Crossings

Cushman & Wakefield represented landlord Marina Crossings Owner, LLC, a joint venture between MAT Limited Partnership and institutional investors advised by J.P. Morgan Asset Management, in securing its first tenant at 2075 W. 43rd Street. First Logistics, an Illinois-based 3PL, will expand from their current facility in Alsip, Illinois to immediately occupy 331,059 square feet of the largest speculative industrial building in the city of Chicago’s since 1905.

Industrial N Illinois
Logistics Property Co. acquires 102 acres in Country Club Hills, Illinois

Logistics Property Co. acquires 102 acres in Country Club Hills, Illinois

Logistics Property Company, LLC (LPC), a Chicago-based logistics real estate platform focused on the acquisition, development and management of state-of-the-art logistics properties in key North American markets, acquired 102 acres of land in Country Club Hills, Illinois. Located at the convergence of I-57 and I-80, the project provides excellent access to two highly trafficked thoroughfares serving Chicago and the Midwest.

Industrial N Illinois
New Continuum Data Centers scoops up West Chicago data center

New Continuum Data Centers scoops up West Chicago data center

IT infrastructure service provider New Continuum Holdings Corporation, which operates New Continuum Data Center, has acquired a flagship mission critical data center, located at 603 Discovery Drive in West Chicago, Illinois. The facility, which was officially acquired in late December, was originally purpose-built as a data center by the previous owner. Post Road Group provided the senior debt financing for this transaction.