Industrial N Illinois Pizzuti lands RJW Transport for long-term lease in Romeoville The Pizzuti Companies has announced a new long-term lease at Pizzuti’s latest industrial speculative building in Chicago’s I-55 corridor, Pinnacle XXII. Jeff Kapcheck of CBRE represented ownership in the lease transaction and Dominic Carbonari with JLL represented the tenant, RJW Transport.
Industrial W Minnesota Opus closes construction of major industrial building near Minneapolis The Opus Group recently completed work on the North Star Sheets building at Southeast Industrial Park in collaboration with Hillcrest Development, LLLP in Cottage Grove, Minnesota, in the Minneapolis market. The 161,000-square-foot rail-served building sits on 16 acres and will be occupied entirely by North Star Sheets, a producer of corrugated paper products for manufacturing needs.
Industrial v Wisconsin Zilber aquires pair of industrial buildings in Milwaukee area Zilber Property Group recently acquired two fully-occupied, single-tenant industrial buildings in the metro Milwaukee market.
Industrial N Illinois NKF arranges two leases for Associated Material Handling in Addison Newmark Knight Frank (NKF) recently arranged two leases on behalf of Associated Material Handling Industries, Inc., a supply chain solutions firm and distributor of lifting equipment, including a renewal and a new lease, both in Addison, Illinois. NKF senior managing director Corey Chase represented Associated in both lease transactions.
Industrial v Wisconsin Dickman Company helps close 11,000-square-foot lease in Wisconsin The Dickman Company, Inc./CORFAC International negotiated a lease between La Crosse Subsidiary LLC tenant and Airoldi Brothers Inc., which will be occupying 11,134 square feet of space at 1637 Saint James St. in La Crosse, Wisconsin.
Industrial P Kansas Pro with Wichita's NAI Martens earns SIOR designation Grant Glasgow, senior vice president with Wichita, Kansas-based NAI Martens, received his SIOR designation this month.
Industrial N Illinois Forecasting the 2019 industrial sector Meteorologists have a thankless job, predicting the weather a few days out and then suffering vitriol when uncalled-for rain spoils what should have been a sunny day. Prognosticating something just as complex, the real estate market and greater economy, is just as tough, let alone looking a year or more ahead.
Industrial N Illinois Colliers arranges sale of two Bristol Group warehouse facilities Colliers International | Chicago has arranged the sale of two Bristol Group warehouse facilities located in Carol Stream and Elgin, Illinois. Colliers’ Kelly Joyce represented the private investor buyer while Colliers’ Jeff Devine and Steve Disse represented the seller, Bristol Group, on the $7 million transaction.
Industrial X Missouri Construction begins on 30,000-square-foot warehouse near St. Louis HDA Architects and Contegra Construction have broken ground on a 30,000-square-foot warehouse and office expansion for Kuna Foodservice in Dupo, Illinois, in the St. Louis market.
Industrial N Illinois Granite City self-storage facility sells for $3.7M Marcus & Millichap announced the sale of 4 Your Stuff Storage, a 261-unit, 64,645-square-foot self-storage facility located in Granite City, Illinois, according to Steven D. Weinstock, regional manager of the firm’s Chicago Oak Brook office. The asset sold for $3,744,205, or $57.91 per rentable square foot.
Industrial X Missouri Avison Young negotiates sale of 11 acres in St. Louis market Avison Young-St. Louis represented Great Ledge Development in the sale of an 11-acre property to NorthPoint Development. The property is located on the corner of James S. McDonnell Blvd. and Byassee Drive near the Boeing campus in Hazelwood, Missouri. The sales price was $1.93 million.
Industrial O Indiana Colliers sells 440,000-square-foot industrial building near Indianapolis Colliers International closed the sale of Velocity 70 Trade Center Building 4 just east of Indianapolis in Mount Comfort, Indiana.
Industrial Midwest The real Black Friday winner? The industrial sector Black Friday and Cyber Monday are on their way. For retailers these are two of the biggest days of the year, days that can mean the difference betweeen a booming holiday season or a lackluster one. And increasingly, retailers across the Midwest are relying on modern distribution centers to meet consumer demand and ensure busy Black Fridays and Cyber Mondays.
Industrial N Illinois NKF represents seller of 87,640-SF Addison manufacturing/warehouse facility Newmark Knight Frank (NKF) recently arranged the sale of 133 N. Swift Road in Addison, Illinois. NKF senior managing director Corey Chase and associate David Stremler represented the seller, a private investor, in the transaction. Bridge Development Partners purchased the facility for an undisclosed amount.
Industrial W Minnesota CBRE vice president elected to Minnesota Real Estate Hall of Fame Tom Holtz, an executive vice president with the Minneapolis office of CBRE, was recently elected to the Minnesota Real Estate Hall of Fame.
Industrial W Minnesota CBRE closes sale of two-building industrial portfolio in Minneapolis market CBRE Capital Markets arranged the sale of two industrial buildings in the Minneapolis market to Onward Investors. The buildings totaled 159,516 square feet.
Industrial O Indiana Colliers sells 823,000-square-foot industrial facility in Indianapolis Colliers International closed the sale of the Franklin Road Distribution Center, an industrial facility at 221 S. Franklin Road in Indianapolis.
Industrial v Wisconsin Tenant leases 83,000 square feet of Ashley Capital industrial building Fresenius USA Manufacturing has leased 83,000 square feet in Enterprise II at Ashley Capital’s Enterprise Business Park at 10601 Enterprise Way in Sturtevant, Wisconsin.
Industrial N Illinois The key to O’Hare's potency: Tenant diversity There are plenty of big box industrial properties surrounding O’Hare. But the Chicago metro’s most active industrial submarket is defined by smaller, older infill product. It’s a diverse ecosystem that has worked for years.
Industrial X Missouri Avison Young closes sale of 11-acre property in Missouri Avison Young-St. Louis represented Great Ledge Development in the sale of an 11-acre property to NorthPoint Development. The property is located on the corner of James S. McDonnell Blvd. and Byassee Drive near the Boeing campus in Hazelwood, Missouri. The sales price was $1.93 million.