DON'T MISS THIS SURGE
Chicago industrial is poised for growth over the next five to seven years, says Venture One Real Estate principal Mark Goode, who developed two industrial buildings here in ’11. (So book your catering halls now before the rush.) He plans to talk all about it at Bisnow’s Chicago Industrial Summit Jan. 19 at the Stephens Convention Center. Register here!
|Mark expects strong performance from US manufacturing as more companies realize the advantage of producing close to America’s consumer market: no oceans to cross and lower transportation costs. For example, Danfoss—the Danish maker of drives for compressors, machinery, and engines—could have expanded last year in Denmark, China, or Chicago. Last quarter, it chose to expand into 100k SF developed by Venture One adjacent to its existing Loves Park facility. (Then again, Denmark and China are not known for their pizza.)|