There is no end in sight for the post-COVID industrial real estate boom.  Chicagoland industrial vacancy fell to 6.2% in Q2, as tenants leased more than 15 million SF - the most ever in a single quarter.  Net absorption and new construction have also surpassed all previous market records.  Nationally, the average asking price for [...]

Chicago's industrial market is hot, primarily due to the exponential growth of e-commerce.  Over 28 million SF of space has been filled over the past year alone, a historical high.  Market rents increased nearly 6% year over year.  Average industrial values in Chicago rose to $80/SF, an annual increase of more than 6%. The apartment [...]