Chicago Industrial Market

Faropoint CEO Adir Levitas with the Elk Grove property (Faropoint, LinkedIn via Levitas)

Faropoint pays $14M for Elk Grove logistics warehouse amid surging market

Vacancy rate in that industrial submarket stood at 3.4% last quarter

The cavernous complex at 29900 South Graaskamp Boulevard was built in 2015. (Canam Buildings)

Massive Michelin distribution center sells for $130M

Silver Creek Development picked up 2M sf Wilmington warehouse amid strong industrial market

1151 East Laraway Road in Joliet with Clarion Partners CEO David Gilbert and Exeter Property Group CEO Ward Fitzgerald (Google Maps)

Exeter Property Group buys 730K sf Joliet distribution center

Clarion Partners was seller in $45M deal that adds to Exeter’s extensive Chicago industrial portfolio