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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.
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Bridge Development Partners sees its underway industrial complex being a desired destination for multiple tenant types.
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Activists worry about the loss of several industrial buildings near the 606, but new owners say change is inevitable.
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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.
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The market for industrial real estate appears to be weathering the coronavirus pandemic better than other classes of commercial real estate in Philadelphia.
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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.
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The bronx saw $440M in sales volume of industrial, warehouse and storage assets last year.
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Hines will go spec on its first two industrial buildings ever in Metro Atlanta.
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Supply chain disruptions during the coronavirus pandemic could prove to be a silver lining for industrial space demand.
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Brookfield Property Partners reportedly paid $40M for a four-property Boston-area portfolio.
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