Search
 

Ind. Deals Getting Scarce in Seller's Market

CHICAGO—The rise of Chicago's industrial market has brought in a vast amount of capital, says Podolsky|Circle principal Corey B. Chase, and it's getting harder to find deals.

By Brian J. Rogal | Updated on March 25, 2015

CHICAGO—As reported in GlobeSt.com, Brennan Investment Group, LLC, one of the most active buyers of industrial properties in the metro area, recently bought the 70,196 square-foot 13970 Laurel Dr. in suburban Lake Forest in a joint venture with Goldman Sachs. Although the building is on the small side and the tenant has a relatively short lease, Podolsky Circle principal Corey B. Chase tells GlobeSt.com that the purchase was not surprising.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.