Industrial v Wisconsin Colliers International closes trio of deals in Wisconsin Colliers International Wisconsin closed three recent deals in the state.
Industrial N Illinois Industrial lease renewal and expansion in Elgin Lee & Associates has closed an industrial lease renewal and expansion on a 59,923-square-foot industrial space located at 2570 Northwest Parkway in Elgin, Illinois.
Industrial V Michigan Friedman sells 22,000-square-foot industrial building in Michigan Friedman Real Estate recently sold a 22,000-square-foot industrial building at 2 Ajax Drive in Madison Heights, Michigan.
Industrial N Illinois Sale finalized on 60k SF industrial building in Elgin Lee & Associates has closed a fully leased industrial investment sale located at 2545 Millennium Drive in Elgin, Illinois. The 60,000-square-foot, three tenant-facility is situated on six acres and was constructed in 2007.
Industrial Midwest First Industrial Realty Trust's Harker: The best time to be in industrial David Harker has been working in commercial real estate for more than 30 years. So when Harker, executive vice president for the central region of Chicago-based First Industrial Realty Trust, says that the industrial market today is as strong as he’s ever seen it, that means something.
Industrial V Michigan Industrial Commercial Properties acquires 182 acres of land in Michigan Industrial Commercial Properties, a Cleveland-based commercial real estate development company, recently acquired 182 acres of land in Wixom, Michigan. The land was formerly the site of the Ford Wixom assembly plant.
Industrial N Illinois ML Realty Partners acquires Central DuPage industrial facility ML Realty Partners has acquired a 55,120-square-foot industrial building at 31 South Mitchell Court in Addison, Illinois. The freestanding property, located in DuPage County, is immediately available for occupancy.
Industrial N Illinois Lee & Associates negotiates industrial lease in Carol Stream Lee & Associates has closed an industrial lease transaction for a 15,000-square-foot industrial space located at 381 Randy Road in Carol Stream, Illinois. The warehouse/distribution space comes with two drive-In docks with levelers.
Industrial N Illinois Lee & Associates negotiates sale in North DuPage Lee & Associates has closed a $1.325 million sale transaction for a 15,000-square-foot industrial building located at 163 Covington Drive in Bloomingdale, Illinois. Rick Anesi, vice president of Lee & Associates’ Illinois office, represented the buyer, ABM Flooring, an independent, full service commercial flooring contractor.
Industrial N Illinois Principle Construction expands space for flooring distributor Principle Construction Corp. has completed a 10,500-square-foot office expansion for flooring distributor All Tile, Inc. at 855 Wood Dale Avenue in Wood Dale, Illinois. The construction added space to both sides of All Tile’s existing office areas. Also included in the expansion was a 2,107 square foot showroom, 800 square foot tool room and upgrades to all electrical, HVAC and fire alarm systems.
Industrial N Illinois NAI Hiffman represents ownership in 259,744-square-foot lease renewal NAI Hiffman facilitated a lease renewal at 365 Crossing Road in Bolingbrook, Illinois for Sun Life Assurance Company of Canada (U.S.). NAI Hiffman executive vice presidents Stephen Connolly and Mark Moran and associate Brett Tomfohrde represented Sun Life in the transaction, and Colliers International’s Douglas Biggs represented the tenant, Westrock Converting Company.
Industrial N Illinois Entre Commercial finalizes lease to Chinese manufacturer in Bartlett Arlington Heights, Illinois-based Entre Commercial Realty has brokered the lease of a 15,020-square-foot industrial facility at 1236 Hardt Circle in Bartlett, Illinois. The tenants is a foreign entity that is a subsidiary of a large Chinese manufacturing company.
Industrial N Illinois 116,000 SF distribution center planned for Bensenville Chicago-based Dayton Street Partners will develop a 116,000-square-foot speculative distribution center in Bensenville, Illinois, on behalf of Black Creek Group, LLC. Construction is set to begin in June with an expected delivery of spring 2019.
Industrial N Illinois Colliers represents buyer of 666,079 SF industrial portfolio Colliers International | Chicago’s Patrick Turner, Tom Rodeno and Matthew Stauber represented Clear Height Properties in the purchase of a five-building, 666,079-square-foot, industrial portfolio in metro Chicago from American Landmark Properties. At the time of sale, the buildings were 85 percent leased to a roster of 77 tenants including Advocate Health, Amazon and Crawford Murphy & Tilly.
Industrial N Illinois Industrial infill still driving activity in Chicago market Nationally and in Chicago, developers are turning to construction, innovation and technology to meet tenant demand for industrial product. According to Avison Young’s Q1 2018 market overview, the U.S. industrial market, all 12 billion square feet of it, ended the first-quarter of 2018 with an impressive five percent vacancy rate overall.
Industrial Q Kentucky Plenty of reasons to be bullish on Louisville's industrial sector Phil Charmoli, senior director with Cushman & Wakefield Commercial Kentucky, said that the Louisville industrial market has been a strong one since 2010, and has only continued to see more activity.
Industrial N Illinois Off the chain: how blockchain and cryptocurrency are changing commercial real estate Blockchain and cryptocurrencies, like bitcoin, are fundamentally changing how money changes hands. As their potential goes mainstream, it’s possible that commercial real estate may be among the top industries disrupted—in both the way we transact, and in the usage of surplus space. Picture an all-digital transaction closing, from deeds to funds and title filings. Picture a world without old-school tax stamps, and where wire transfers become the dinosaurs of electronic fund transfers.
Industrial O Indiana Sunbeam Development developing Franklin Tech Park in Indiana Sunbeam Development Corporation is developing Franklin Tech Park in Franklin, Indiana, a 933,825-square-foot speculative industrial facility.
Industrial O Indiana Colliers report: Industrial market steady in Indianapolis during first quarter Steady. That’s how Colliers International describes the performance of the industrial market in Indianapolis during the first quarter of 2018.
Industrial N Illinois Avison Young negotiates 58,760-square-foot lease in O’Hare submarket Avison Young has negotiated a 58,760-square-foot industrial lease in Chicago’s O’Hare submarket on behalf of Toshiba Machine Co., America. Avison Young principal Chris Lydon, SIOR, who is based in the company’s Rosemont, Illinois office and is a member of the firm’s industrial practice group, represented the tenant.