Chicago-area industrial heated up in 2025 following a pair of years that couldn’t quite reach the meteoric highs of the pandemic era.
Investor competition for industrial properties, particularly shallow bay space, is on the rise, and leasing activity has continued at a healthy pace, panelists said at Bisnow’s Midwest Industrial Summit, held at Innovation Park in Libertyville.
Underwriting remains conservative and equity capital can be hard to come by, but Chicago industrial pros` prevailing sentiment at the event was that the market is looking more attractive by the day...
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RSK: Love it....FOMO....fear of missing out.....but it is true. The small industrial market is heating up and many developers don`t want to miss out.
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- - Volume: 25 - WEEK: 50 Date: 12/9/2025 4:00:51 PM -