Tag Archives: intermodal

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.

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Location, location…logistics: On the road at RidgePort Logistics Center

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RidgePort Logistics Center

Welcome to Episode 8 of Real Time, JLL Chicago’s industrial podcast. In this episode, our team hit the road for the topping off of Building Charlie, the latest spec project at RidgePort Logistics Center in Wilmington:

  • Ridge Development Executive Vice President Aaron Martell tells us how the park came to be
  • Elion Partners Managing Principal Shlomo Khoudari shares his vision of a mixed-use destination with amenities unrivaled at any business park
  • JLL Managing Director Keith Stauber explains the stability of long-term park ownership
  • BNSF Railway Regional Manager of Economic Development Eric Pitcher reminds us why rail is key for any logistics network

Fast facts on RidgePort Logistics Center:

  • 2,200 acres capable of accommodating 22+ million square feet of industrial development
  • Nearly 150,000 square feet of commercial development on its way
  • Located at the intersection of I-55 and Lorenzo Road in Wilmington
  • Rail-served on the BNSF transcontinental main line
  • Proximity to the largest inland container port in North America

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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