Tag Archives: I-80

Talking trade: How past, present and future tariffs influence industrial real estate

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tariffs

Welcome to Episode 19 of Real Time, JLL Chicago’s industrial podcast. In this episode, the team is joined by the International Trade Association of Greater Chicago’s Executive Director Richard Paullin, an expert on tariffs and international trade. While the news is constantly changing, here are some highlights from our conversation:

  • Today’s tariffs have a ripple effect on tomorrow’s logistics, real estate and transportation sectors, which play a key role in moving goods in and out of the country.
  • From soybeans to corn, agriculture rules in Illinois; limitations on exports will impact facilities across the market, especially in the I-80 submarket.
  • Canada and Mexico, America’s two largest trading partners, buy more from the U.S. than our next 10 largest trading partners.
  • Labor remains a major challenge for manufacturers and distributors with changing immigration policies and employment below 4 percent.

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


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

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Two million-square-footers in I-80?!

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industrial stats

Welcome to Episode 8.5 of Real Time, JLL Chicago’s industrial podcast. In this episode, the team previews the Chicago market’s third quarter industrial statistics, breaking down everything from vacancy and absorption to investment sales and intermodal traffic. The highlights:

  • Vacancy’s up, but the good news is it’s due to spec deliveries
  • Two million-square-footers going up in I-80 – that’s never happened before!
  • A million-square-foot deal remains elusive this year, but things are ramping up post summer slowdown
  • Intermodal traffic is up, which is a positive sign for big box demand

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 three-minute podcast with the player above or click here.

Full Q3 2017 Research report here.

Post to LinkedIn | Podcast archives | Episode transcriptRead More