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Published 2 years ago

Chicago Warehouse Supply Collapses to record low

Summary by The Real Deal

4300 Brandon Road in Joliet (Loopnet, iStock / Photo illustration by Priyanka Modi)Chicago’s supply of industrial real estate keeps shrinking, setting new record lows.With so much unmet demand for warehousing and logistics operations, competition for spaces in big box buildings is tougher than ever. Industrial tenants sunk the Chicago area’s vacancy rate in buildings of at least 200,000 square feet to just 2.

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Chicago Warehouse Supply Collapses to record low

4300 Brandon Road in Joliet (Loopnet, iStock / Photo illustration by Priyanka Modi)Chicago’s supply of industrial real estate keeps shrinking, setting new record lows.With so much unmet demand for warehousing and logistics operations, competition for spaces in big box buildings is tougher than ever. Industrial tenants sunk the Chicago area’s vacancy rate in buildings of at least 200,000 square feet to just 2.6 percent in the first quarter, a his…

2 years ago·New York, United States

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