Tag Archives: Blackstone

Will robots overtake humans? The Changing Landscape of Industry 4.0

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Welcome to episode 15 of Real Time, JLL Chicago’s industrial podcast. In this special post-event episode, the team recaps JLL Chicago Industrial’s recent client event, “The Changing Landscape of Chicago Industrial Real Estate,” held at Chicago’s first innovation center for physical product development and manufacturing, mHUB. Prognosticating on the future of supply chain, our all-star panel of industrial pros included:

Hosted by: Industrial market research experts George Cutro and Chad Buch


Listen to this podcast with the player above or click here. Also be sure to read our event recap below.

Download event report | Post to LinkedIn | Podcast archives | SubscribeRead More

Chicago industrial sees recommitments and really big portfolio sales in Q1

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Welcome to Episode 13.5 of Real Time, JLL Chicago’s industrial podcast. In this episode, the team previews the Chicago market’s first quarter industrial statistics, breaking down everything from vacancy and absorption to investment sales and construction deliveries. The highlights:

  • Existing occupiers like Home Depot, Clorox, RJW and Uline are expanding around the market
  • Blackstone and High Street grow their holdings through portfolio acquisitions.
  • Mid-range leasing velocity is robust, with 21 new leases between 100,000 and 500,000 square feet in the first quarter
  • Take notice of the two business park developments near O’Hare, a trend more typical of suburban greenfield markets

Keep your eyes peeled for a detailed submarket report in the coming weeks!

Hosted by: Industrial market research experts George Cutro and Chad Buch

Listen to this four-minute podcast with the player above or click here.

Post to LinkedIn | Podcast archives | Episode transcript | SubscribeRead More

Why Wall Street likes Chicago’s tech assets

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WallStreetIncreased tenant activity around the CBD has kicked absorption into high gear. Since the start of 2014, 2.7 million square feet has been absorbed from the market with 775,000 square feet in the second quarter alone. Specific submarkets and product types are having a greater impact on this growth than others.

“Segments of CBD inventory in demand by tech and creative users experienced the greatest share of absorption in the second quarter, including properties in the River North/River West cluster and Fulton Market micromarket,” says JLL Managing Director Pam Stamataky.… Read More

North Cook County highlights industrial development ramp-up

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Industrial developers have been busy since the snow melted, with 8.3 million square feet of new product under construction. Look no further than North Cook County, said JLL Senior Vice President Steve Trapp, who spoke to a packed house recently at Bisnow‘s 5th Annual Industrial Summit in Rosemont.

MarkGoodSteveTrapp

Venture One Real Estate’s Mark Goode and JLL’s Steve Trapp

Take Cabot Properties and Seefried Industrial Properties’ 217,064 square-foot 5600-5750 W. Jarvis Avenue in Niles, the fourth redevelopment in the area in the past 12 months, which is already 60 percent pre-leased.… Read More