Industrial N Illinois CRE siting software expands into industrial for the Chicago market Truss, an award-winning platform for commercial real estate, will expand its AI-enabled technology to industrial real estate, being the first to show price transparency. Truss will launch industrial real estate space in Chicago and Dallas with more than 45 million square feet of industrial space, bringing Truss’ square footage to 200 million.
Industrial Midwest Avison Young: Investors sinking dollars in single-user industrial Industrial space is high on the wish list of investors today. And industrial space that is fully leased to one user? That’s especially popular.
Industrial N Illinois NAI Hiffman represents tenant in consolidation and relocation to Central DuPage NAI Hiffman has represented tenant CPGIO Direct in a sublease for a 103,465-square-foot space at 1150 N. Swift Road in Addison, Illinois. CPGIO has expanded its real estate footprint as successful business growth has steadily continued. This expansion is a relocation from Bensenville, Illinois where they occupied two facilities.
Industrial N Illinois Construction begins on Bridge Point Downers Grove Bridge Development Partners, in partnership with Banner Oak Capital Partners and Cushman & Wakefield, has begun construction on Bridge Point Downers Grove, a speculative distribution development at the intersection of Interstates 88 and 355 that will include three buildings totaling 678,858 square feet.
Industrial N Illinois NAI Hiffman represents HVACR distributor in headquarters relocation NAI Hiffman executive vice presidents John Whitehead and Jeff Fischer represented Neuco, Inc. in its purchase of 515 W. Crossroads Parkway in Bolingbrook, Illinois from Duke Realty. A master distributor of HVACR replacement parts to wholesale distributors throughout North America, Neuco will be relocating from its current Downers Grove location. This 145,000 square-foot building will operate as Neuco’s headquarters and main distribution center for approximately 130 employees.
Industrial N Illinois Industrial Insider: The transformation to a mobile economy As we continue to transform to a more modern and mobile lifestyle, the companies who are enabling us to embrace this “mobility” are implementing cutting-edge technologies and trying to stay ahead of the dramatic changes to “mobile consumerism” that are currently underway.
Industrial N Illinois NAI Hiffman completes two industrial leases in the I-55 Corridor NAI Hiffman executive vice presidents Mark Moran and Steve Connolly and associate broker Brett Tomfohrde have assisted in two industrial leases in the Chicagoland area. With these two transactions the team has completed more than 500,000 square feet of transactions in the I-55 corridor this year.
Industrial V Michigan Newmark Knight Frank sells 22,000-square-foot industrial property in Michigan Newmark Knight Frank closed the sale of 1875 Stephenson Highway, a 22,000-square-foot industrial warehouse in Troy, Michigan.
Industrial X Missouri Landmark to develop $40 million industrial facility in Kansas City market Landmark Group Companies has signed a long-term lease to build and develop a $40 million 250,000-square-foot interiors production facility for Faurecia, an automotive technology company.
Industrial N Illinois HFF puts together $21M financing for 5-property industrial portfolio Holliday Fenoglio Fowler, L.P. (HFF) announced the $21 million acquisition financing for a five-property industrial portfolio totaling 665,903 square feet in the Chicago MSA. The HFF team worked on behalf of the borrower, Clear Height Properties, to place the acquisition financing with Wintrust Bank.
Industrial N Illinois Chicago is one of the best positioned markets for future warehouse development Projected rents are more than adequate in many markets to justify additional development of warehouses and distribution centers according to a new report from CBRE. And Chicago is positioned as a top market for this activity.
Industrial X Missouri CBRE to market first spec building in Hazelwood TradePort CBRE recently announced that the first speculative industrial building will be built within NorthPoint Development’s newly created Hazelwood TradePort in Hazelwood, Missouri, in the St. Louis market.
Industrial N Illinois 15th Annual Transportation & Logistics Conference Join Chicago Industrial Properties and RE Journals on October 26th for the 15th Annual Transportation & Logistics Conference.
Industrial N Illinois Brown Commercial completes sale of user/investor building Brown Commercial Group has completed the sale of a 31,440-square-foot industrial building at 310-330 Charles Court in West Chicago, Illinois. Vice president of sales, Mike Antonelli, represented both the seller, a private investor, and the buyer, Tag Fitness.
Industrial N Illinois Entre Commercial represents IST America in Shorewood lease Entre Commercial Realty announced that the firm’s Mike Gazzola and John Gazzola assisted IST America in the acquisition of a 4,181-square-foot industrial condo unit at 125 Capista Drive in Shorewood, Illlinois. The transaction was valued at $75.00 per square foot.
Industrial N Illinois PREMIER Design + Build completes build-to-suit for Visual Pak PREMIER Design + Build Group, LLC has completed a build-to-suit industrial warehouse and office facility in Waukegan, Illinois for the Visual Pak Companies, a group of strategic entities providing turnkey solutions in the contract packaging industry.
Industrial N Illinois Industrial strives for sustainability “It’s not easy bein’ green,” Kermit the Frog once sang. For industrial development, that can still be true.
Industrial i Ohio NAI Hiffman, NAI Ohio Equities team up for big industrial deal in Ohio NAI Hiffman and NAI Ohio Equities recently closed the sale and leaseback of two mission-critical distribution and logistics facilities in Columbus, Ohio, totaling 356,004 square feet.
Industrial N Illinois NAI Hiffman represents Walker Partners in 46k SF industrial acquisition NAI Hiffman represented Walker Partners in the purchase of a 46,140-square-foot industrial property at 5700 McDermott Drive in Berkeley, Illinois. NAI Hiffman executive vice presidents Daniel Leahy, SIOR and Adam Roth represented Walker Partners in the transaction with AEW Capital Management.
Industrial i Ohio Industrial Commercial Properties celebrates headquarters ground-breaking in Ohio Cleveland’s Industrial Commercial Properties LLC celebrated the ground-breaking of a new headquarters and distribution center for ComDoc in Jackson Township, Ohio.