Industrial N Illinois
Michael Podboy;CA Industrial

CA Industrial appoints CRE veteran Michael Podboy as president

Chicago-based CA Industrial, the industrial investment and development division of CA Ventures, has appointed Michael Podboy, a veteran of the commercial real estate industry who has overseen more than $750 million in development, as president for the division. Podboy will build on the success of CA Industrial, launched in July 2018 with a goal of investing $500 million in speculative industrial development and acquisition opportunities throughout the U.S. over the next five years.

Industrial N Illinois
Mark Levy;Hilco Redevelopment Partners

Industrial vet, Mark Levy, joins Hilco Redevelopment Partners

Hilco Redevelopment Partners, a unit of Hilco Global, announced that Mark Levy has joined its real estate redevelopment team as executive vice president – industrial acquisitions. He will be responsible for expanding the acquisition team and strategy, with a focus on continuing to source and complete industrial redevelopment transactions throughout North America within Hilco’s real estate redevelopment operating company.

Industrial N Illinois
Venture One acquires Gurnee industrial property

Venture One acquires Gurnee industrial property

Venture One Real Estate—through its acquisition fund, VK Industrial IV, LP, a partnership between Venture One and Kovitz Investment Group—has closed on the acquisition of a 265,644-square-foot industrial building located at 605 Tri State Parkway in Gurnee, Illinois. The property was vacant at acquisition.

Industrial N Illinois
The last word on last mile

The last word on last mile

Ever since the e-commerce revolution, the real estate industry has grappled with the concept of the last mile—where it is, how to build it up and how to capitalize on it. Perhaps unsurprisingly, the answers to these remain elusive.