CHICAGO, IL—Leasing of industrial “big box” buildings larger than 200,000 square feet was at its highest levels in the current building cycle in 2018, according to research by Craig Hurvitz, vice president, and Jennifer Olsen, senior research analyst, in Colliers International's Chicago office.
Colliers' year-end “Chicago Big Box” report says leasing activity was 16.4 million square feet in 2018, but that included 2.1 million square feet of space leased in build-to-suit properties still under construction.
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