Industrial P Kansas Redemption Plus signs 10-year least at Kansas Commerce Center Redemption Plus, an importer of toys and incentive merchandising products, has agreed to a 10-year lease at its current location, 9829 Commerce Parkway in Lenexa, Kansas.
Industrial N Illinois Peak Construction awarded Black Creek Group’s Naperville development Peak Construction Corporation has been awarded Black Creek Group’s Naperville DC project. The 131,040-square-foot, speculative facility located on Frontenac Road will feature 32-foot clear height, 149 parking spaces, 22 dock positions and two drive-in doors. The project recently broke ground and is expected to be completed by the end of the year.
Industrial N Illinois Lee & Associates negotiates Romeoville industrial lease Lee & Associates has closed a lease transaction for a 64,952-square-foot industrial building located at 1811 W. Normantown Road in Romeoville, Illinois.
Industrial i Ohio Newmark Knight Frank closes 617,000-square-foot industrial deal in Cincinnati Newmark Knight Frank announced the development of a 617,760-square-foot industrial build-to-suit facility on more than 46 acres in the greater Cincinnati area for Design Within Reach.
Industrial X Missouri Stan Johnson Company closes 242,000-square-foot industrial sale in St. Louis Stan Johnson Company has completed the sale of a 242,630-square-foot industrial building for $11.2 million. The distribution warehouse is located in Hazelwood, Missouri, a suburb of St. Louis, and it traded on July 12.
Industrial i Ohio Duke leases more than 1.3 million square feet in Cincinnati buildings The Cincinnati office of Duke Realty Corporation saw continued demand for industrial space in the second quarter of 2018, raising its total leasing volume to more than 1.38 million square feet for the first six months of 2018. After a strong first quarter, the Cincinnati team added another 588,447 square feet in leases between April and the end of June.
Industrial O Indiana Browning/Duke signs 783,000 square feet in new leases in Indy industrial parks Browning/Duke Realty, a joint venture between two Indianapolis-based commercial real estate developers, has seen robust activity during the first half of the year in its AllPoints Midwest and AllPoints at Anson industrial developments located in Plainfield and Whitestown, Indiana, respectively.
Industrial N Illinois J.D. Salazar repositions Champion Realty Advisors J.D. Salazar, a leader in Chicagoland commercial real estate community for more than 30 years, has re-launched Champion Realty Advisors with a new initiative. This new venture focuses on acquiring industrial properties related to transportation and outdoor storage, on behalf of high net worth individuals and family offices.
Industrial N Illinois Lee & Associates, Colliers negotiate new industrial lease in Elgin Lee & Associates has closed a lease transaction for a 51,600-square-foot industrial building located at 1270 Abbott Drive in Elgin, Illinois. Constructed in 1979 and sited on three acres, the property features three loading docks and two drive-in doors. Clear heights range from 18 to 22 feet.
Industrial X Missouri Avison Young marketing 154,000-square-foot industrial portfolio in St. Louis Avison Young has been awarded the exclusive sale listing for a 154,736-square-foot industrial portfolio in the St. Louis market.
Industrial N Illinois Lee & Associates brokers industrial lease in North DuPage submarket Lee & Associates has closed a $1.7 million lease transaction for a 79,541-square-foot industrial building located at 31 Presidential Drive in Roselle, Illinois.
Industrial N Illinois Some improvement in the I-55 Corridor The Chicago metro industrial market remained strong last quarter. The 8.6 million square feet of new leasing activity during Q2 is the highest quarterly total since 2015 and the plummeting vacancy rate, which was down by an 23 basis points to 6.4 percent, is the lowest rate recorded since 2001.
Industrial N Illinois Avison Young awarded exclusive sale listing for 810k SF industrial and office campus Avison Young has been awarded the exclusive sale listing for a two-building, Class A industrial campus in the greater Chicago market. The buildings, located at 1600 Ritchie Court in Rochelle, Illinois, were designed with significant infrastructure for specialized manufacturing and were recently used to manufacture rail cars for transportation agencies throughout North America.
Industrial X Missouri JLL brings final two tenants to St. Louis logistics center Chadwell Supply and Land Air Express have signed lease agreements for the final two buildings in the Hazelwood Logistics Center in Hazelwood, Missouri, in the St. Louis market.
Industrial V Michigan CRE market strong in Lansing, but challenges remain The commercial real estate market remains strong in the Lansing, Michigan, area, but it also faces its own challenges, according to the latest research from CBRE|Martin.
Industrial N Illinois Duke Realty signs two leases in I-55 Corridor The Chicago office of Duke Realty Corporation recently signed two leases in two of its buildings in the Chicago metro area. The two leases absorbed 172,688 square feet of industrial space in the I-55 Corridor.
Industrial N Illinois Cushman & Wakefield leases 109k SF in Gurnee Cushman & Wakefield has secured a 109,863-square-foot lease for Tablecraft Products Company at 1020 Lakeside Drive in Gurnee, Illinois. The manufacturer and distributor of innovative foodservices and retail products will take occupancy on August 1, 2018.
Industrial N Illinois Construction begins on 173,000 SF industrial development in Aurora The Missner Group and First Industrial Realty Trust are developing 88 Orchard, a 173,000 square foot industrial project in Aurora, Illinois. The facility will be located on a 9.7-acre site at 1998 Melissa Lane, along Dancer Drive.
Industrial i Ohio Marcus & Millichap sells 158,000-square-foot warehouse in Ohio Marcus & Millichap sold a 158,500-square-foot industrial property in Fairfield, Ohio, for $7.1 million.
Industrial v Wisconsin Dickman sells southern half of Milwaukee Caterpillar plant The Dickman Company, Inc./CORFAC International closed the sale of the southern half of the Caterpillar facility in South Milwaukee, Wisconsin. This half of the plant consists of 750,300 square feet at 1022 and 1100 Milwaukee Avenue in South Milwaukee.