Joliet
Chicago/Midwest People & Company News, week of September 13, 2024
JLL announced that Andy Dutcher has joined its Columbus office as Managing Director. Boasting over 16 years of real estate… Read more
Northern Builders to Build 802K-SF Industrial Property in Joliet
Real estate developer and general contractor Northern Builders will develop a speculative 802,440-square-foot industrial facility in Joliet, Illinois, with joint… Read more
Core Industrial Realty Closes Five Chicago-Area Transactions
Oak Brook, Illinois-based Core Industrial Realty, has completed five recent transactions in the suburban Chicago area. Core Industrial Realty has… Read more
Northern to Develop Spec Industrial Facility in Joliet
Real estate developer and general contractor Northern Builders plans to develop a 183,300-square-foot speculative industrial facility at Cherry Hill Business… Read more
CushWake Represents Developer In Suburban Chicago Industrial Deals
Cushman & Wakefield represented real estate developer and general contractor Northern Builders in negotiating separate build-to-suit for sale agreements with… Read more
Barnes & Noble to Open in Former Wicker Park Walgreens
Retail bookseller Barnes & Noble plans to open five new locations in the Chicago area this year, including a store… Read more
Bridge Industrial Acquires Development Site in I-55 Submarket
Bridge Industrial has acquired a roughly 22-acre site located at the intersection of Route 53 and Joliet Road. The project… Read more
CBRE Fully Leases 100K SF Former Kmart Property in Joliet
CBRE has arranged the final deal to complete the leasing efforts totaling 100,000 square feet to bring Joliet Marketplace to… Read more
Crews Break Ground on New Aurora Hollywood Casino
The new Hollywood Casino in Aurora, Illinois, broke ground recently, signaling the start of the $360 million project. Mayor Richard… Read more
Q&A with Peak Construction’s David Michael: The Changing Industrial Landscape
Industrial development continues at a fast pace even as rising costs and capital markets headwinds have slowed other sectors. Within… Read more
Peak Construction Underway with Joliet Logistics Property
Peak Construction Corporation is underway with IDI Logistics’ new speculative warehouse, Rock Run Crossing, at Rock Run Crossings Business Park… Read more
Chicago Ridge Mall Owner Misses $76M Debt Payment
Another one of Chicago’s malls is in financial peril, as Chicago Ridge Mall is facing new challenges after missing a… Read more
Louis Joliet Mall Acquired by Namdar for $31M
Namdar Realty Group recently acquired the Louis Joliet Mall for $31.4 million. The new owner of Louis Joliet Mall has… Read more
Peak Construction Breaks Ground on Joliet Build-to-Suit for IDI
IDI Logistics and Peak Construction Corporation recently held the a groundbreaking for a new warehouse facility in Joliet, IL in… Read more
Special Servicer Puts Joliet Mall Up for Sale
After the loss of two department stores, the pandemic and an $85-million debt default, the Louis Joliet Mall has hit… Read more
Chicago Industrial Transaction Volume Strong in Q1, Yet Sublease Space Ticks Upward
The fundamentals of Chicago’s industrial market remained steady in the first quarter of 2023 as the overall vacancy rate remained… Read more
Lee Illinois Arranges NAPA Auto Parts Lease in Joliet
Commercial real estate services provider Lee & Associates negotiated a NAPA Auto Parts lease of a 6,310-square-foot retail space located… Read more
Midwest Industrial Funds Brings Joliet Warehouse to Full Occupancy
Midwest Industrial Funds, a vertically integrated national real estate investment company, has achieved 100% occupancy at its 187,522-square-foot warehouse located… Read more
Peak Construction Launches Spec Builds for NorthPoint in Joliet
Peak Construction Corporation was awarded two buildings and site improvements for NorthPoint Development’s Third Coast Logistics Park in Joliet, IL… Read more