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Colony Capital CEO Tom Barrack, Ares Management co-founder and executive chairman Antony Ressler and the Mount Prospect warehouse (Credit: Getty Images and Google Maps)

Colony Capital sells off another massive warehouse

Colony Capital sold a 637,000-square-foot warehouse in northwest suburban Mount Prospect, as Tom Barrack’s firm continues to shed its...

Colony Capital sells off another massive warehouse
Beverly Hills-based New Pacific Realty Corporation paid $37 million for a 131,000-square-foot warehouse leased by LGS Sky Chefs near O’Hare in Des Plaines (Credit: Google Maps, iStock)

What’s the deal with airline food warehouses selling for $38M?

This airline food warehouse sold for more than peanuts. A California-based real estate investment shop dropped $37.5 million to...

What’s the deal with airline food warehouses selling for $38M?
Clockwise from left: 4801 South California Avenue, 7351 South 78th Avenue and 5959 Howard Street (Credit: Google Maps)

Here are the top 5 Chicago-area industrial sales of April

After a slow winter for industrial real estate investment sales, the local market picked up in April in a...

Here are the top 5 Chicago-area industrial sales of April
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