Industrial

The vacancy rate fell 20 basis points in the second quarter as a result of new deliveries, but the slip isn't an indicator of weak demand.

In this <b>EXCLUSIVE</b>, Heard says Transwestern has no plans to go public in the future because it values the benefits of being a privately held firm and its partners have flourished under the ownership structure.

In this <b>EXCLUSIVE</b>, Jim Carris shares his insights into Chicago's business climate, North River Branch rezoning, notable downtown relocations including McDonald's and if Amazon will choose Chicago.

The North County market and the I-15 corridor saw the majority of industrial leasing absorption in the first half of the year.

Industrial lease rates have already hit record highs, but experts expected they will continue to grow this year.

Wilson says here is a high likelihood of a recession within the next few years, and e-commerce demand should help insulate multi-tenant industrial from economic cycle factors more than other asset types.

If young workers start moving back to the suburbs to have families, that will boost the value of properties in well-located submarkets like Oak Brook.

Experts say the market continues to show resilience in the face of many economic, social and technological changes.