I often hear tenants balk at the pricing of smaller industrial spaces. The most common argument goes something like this: “This 5,000 square feet (sq. ft.) space is $10 per sq. ft.?! That’s…
Introduction As industries embrace automation, artificial intelligence (AI), and advanced manufacturing, power demand is set to increase dramatically. The shift toward robotics, language-based AI models, and high-performance computing places new pressures on energy…
Understanding the Impact of Tariffs on Industrial Real Estate The impact of tariffs on industrial real estate is complex and constantly evolving. As global supply chains shift, investors, landlords, and occupiers need to…
After a historic slowdown in total transaction volume, the industrial real estate market has a renewed appetite for acquisitions. However, the investment landscape in 2025 is far from straightforward. Liquidity challenges, rising energy…
The Chicago industrial market continues to evolve, and the latest planned development at 2519 W Fulton Street is a prime example of how small-bay industrial spaces are becoming a hot commodity. With two…
The Chicagoland industrial real estate market remains a critical hub for logistics and warehousing, attracting institutional investors despite shifts in market dynamics. In the last seven days, notable transactions have underscored the region’s…
The Midwest industrial real estate market, particularly in the Greater Chicagoland area and Wisconsin, is uniquely poised to be reshaped by evolving trends in the cold storage and food supply chain sectors. The…
Schaumburg, one of Chicago’s most dynamic suburbs, is poised for a significant transformation with ambitious mixed-use development plans. These projects aim to create vibrant, walkable environments that combine residential, retail, office, and recreational…
Caterpillar Inc.’s recent decision to close its office near Aurora, Illinois, and lay off 60 employees underscores a pivotal moment for the region. Once a major economic driver, Caterpillar has been scaling back…
On December 10, 2024, the City Council Finance Committee narrowly approved a revised $68.5 million property tax increase proposed by Mayor Brandon Johnson to address a massive $982 million budget shortfall. This is…
