A steady surge in developer and user demand in Chicago shows that despite economic uncertainty, certain portions of the industrial commercial real estate market are recession-proof. Cawley Chicago pulled articles from various sources to find ongoing and completed projects in the downtown Chicago market.
– Johnstone Supply, an HVAC equipment distributor, signed a lease for its newly-constructed distribution center in Chicago’s North Side. Developer Dayton Street Partners completed construction on the 41,000 SF center.
– S.C. Johnson & Co’s Method Soap Division leased a 399,000 SF building constructed by developer Ryan Cos in Chicago’s South Side.
– CoreSite Realty Corporation begins Phase 1 of developing a 169,000 SF facility in Chicago’s South Loop.
Read “Some Product Distributors Are Recession-Proof And Hungry For Space In Chicago” here.
Read “Coresite Opens Second Downtown Data Center” here.