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The last mile: Amazon in talks with Simon to convert bankrupt megastores into fulfillment centers
Amazon may soon take over the spaces of bankrupt retailers it has left in the dust. The e-commerce giant is in talks with mall...
industrial
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National
“Headwind to profitability”: Amazon doubles down on fulfillment centers
Amazon has been on a torrid pace of leasing and acquiring millions of square feet of fulfillment centers and...
Following protests, Lightfoot calls off second demolition in Little Village
Since the dust hasn’t yet settled, Mayor Lori Lightfoot will call off a second demolition at the site of...
Blackstone makes another massive warehouse play in the Chicago area
New York-based financial titan Blackstone Group is at it again in the industrial sector. The firm is buying a...
Amazon pays $51M for site of former Chicagoland amusement park
Amazon has claimed another chunk of land to develop into their well-oiled distribution centers, this time the site of...
National
Blackstone’s warehouse play challenges Prologis’ claim to the throne
Long before windowless warehouses became a sexier investment than luxury condos, Prologis was king. The San Francisco-based company bought...
How hot is last-mile in Chicago? This $52M Loop deal says it all.
If you need a reference point for the strength of the Chicago industrial market, look just south of the...
One of the year’s biggest industrial deals just got done in DuPage County
Demand for industrial space in Chicago just keeps growing. Furniture company Wholesale Interiors has inked a 551,000-square-foot sublease for...
Chicago Cheat Sheet: Developer suing village over outlet mall, ex-Bear Lance Brigg’s homes sell in foreclosure…& more
Suburban outmall mall redevelopment heads to court A joint venture that is working to redevelop the site of a former outlet mall is taking...
Exeter takes out big loan after latest Chicago-area industrial pickup
Three months after picking up its latest Chicago-area industrial property, Exeter Property Group has taken out a $150 million...
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