Industrial N Illinois
From left to right: Bill Malarski, PREMIER Design; Mark Christensen, Bridge Development; Scott Lebak, PREMIER Design; Alan Zocher, PREMIER Design; Ronald Nelson, PREMIER Design; Nick Siegel, Bridge Development; John Maduros, Bridge Development; Steve Groetsema, Bridge Development and Andrew Hurwitz, Bridge Development.

PREMIER Design + Build breaks ground on 678,858 SF Downers Grove project

Last week, PREMIER Design + Build Group, LLC and Bridge Development Partners, LLC celebrated the official groundbreaking of Bridge Point Downers Grove, a three-building, 678,858-square-foot speculative industrial development. Situated on a previously undeveloped, 57-acre infill site at the intersection of Interstates 88 and 355, Bridge Point Downers Grove is expected to provide a strategically located, high-visibility facility for office, ecommerce and distribution tenants.

Industrial i Ohio
Finding industrial space in Cleveland no easy task

Finding industrial space in Cleveland no easy task

The Cleveland industrial market is a hot one today, with vacancies under 5 percent in most submarkets. This is a good news. But it also presents certain challenges. Midwest Real Estate News recently spoke with David Stover, principal and executive managing director with Cleveland’s Hanna Commercial Real Estate, about this strong and steady sector.

Industrial N Illinois
Weld-Cote leases 48,487 SF in Niles

Weld-Cote leases 48,487 SF in Niles

Cushman & Wakefield represented tenant Weld-Cote as well as owner Molto Properties in a 48,487-square-foot, long-term lease at Molto’s 7720 N. Lehigh Avenue development in Niles, Illinois. Cushman & Wakefield executive directors Brett Kroner and Keith Puritz, managing director Eric Fischer and director Steve Stone were the sole brokers in the transaction.

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

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

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, and where he sees the variety of real estate opportunities headed.