Owners of older warehouses with financially unsound tenants may be better off selling sooner rather than later.
It's been hard for developers to find sites for 1M SF centers inside Chicago, but the demand is there, and the coming years will see such development ramp up.
Bridge Development Partners sees its underway industrial complex being a desired destination for multiple tenant types.
Activists worry about the loss of several industrial buildings near the 606, but new owners say change is inevitable.
Spec developers in the Chicago region continue to be rewarded, as robust leasing pushes down the spec vacancy rate to its lowest level in years.
The market for industrial real estate appears to be weathering the coronavirus pandemic better than other classes of commercial real estate in Philadelphia.
According to researchers at the world's largest real estate services company, industrial demand will spike in the mid-term to make up for short-term losses.
The bronx saw $440M in sales volume of industrial, warehouse and storage assets last year.
Hines will go spec on its first two industrial buildings ever in Metro Atlanta.
Supply chain disruptions during the coronavirus pandemic could prove to be a silver lining for industrial space demand.
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