Atlanta investor group paid $83M for six Chicago-area warehouses
An Atlanta industrial investor group paid $83 million for a portfolio consisting of six warehouse buildings and one secured...
industrial real estate
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National
Insatiable: Amazon has more than doubled its space during pandemic
Amazon knew what it had to do. E-commerce was booming. People were ordering more items online than ever before...
National
A record-shattering quarter for industrial real estate
Industrial real estate made history in the third quarter as e-commerce and other tenants grappled for limited U.S. warehouse...
Speedwagon Capital plans to redevelop former steel mill into industrial site
A private Chicago investment firm just purchased a former steel mill from one of the largest steel manufacturers in...
3M inks 410K sf lease renewal for DeKalb distribution center
Industrial giant 3M signed a 12-year lease renewal at a three-building distribution center in Illinois, marking one of the...
National Issue
Warehouses in the sky: Multi-level projects ramp up
There was nowhere to go but up. In 2016, Dov Hertz, the No. 2 person at Gary Barnett’s Extell...
National
Plan C: Monmouth finds buyer after Zell, Sternlicht offers fall through
Monmouth Real Estate, the family-run firm whose 120 warehouses sparked a bruising bidding war between swashbuckling investors Sam Zell...
Nevada warehouse developer in talks to buy Allstate’s Chicago HQ
A Nevada warehouse developer is reportedly negotiating a contract to buy Allstate Corporation’s suburban Chicago’s headquarters. Dermody Properties is...
Singaporean wealth fund leads $6.8B deal for U.S. industrial properties
The red-hot industrial real estate sector just notched one of its largest deals ever. A group of investors led...
“Great Resignation” fuels warehouse startup’s NY expansion
ReadySpaces has had a pretty great pandemic. The eight-year-old startup that pairs small businesses with warehouse storage has nearly...
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