Industrial

HOUSTON—The recent acquisition of HMS 850, in what is arguably the most desirable location in the ship channel, fills some of the need for barge fleeting and deep water terminal space.

CHICAGO—Appreciation for institutional-grade properties has been on a steeper downward trajectory than income throughout 2016, the National Council of Real Estate Investment Fiduciaries said Wednesday.

CHICAGO—Developers in the Chicago suburbs can't seem to put up new buildings fast enough to satisfy demand for class A space.

EDISON AND BRIDGEWATER, NJ—A candy distributor, a warehouse company, and a mill-work/cabinet making company have signed industrial leases for more than 200,000 square feet of space in Edison and Bridgewater

LOS ANGELES—International Airport Centers breaks ground on a huge 1.3-million-square-foot industrial site in Valencia, one of the tightest markets in L.A. County, and tenants are already showing interest.

IRVINE, CA—Although it hasn't matched the pace set in 2015, “2016 has been a year of slow yet steady growth for commercial real estate as a whole,” says Peter Muoio, chief economist with Ten-X.

Here's a look at this week's trends, announcements and deals that you may have missed in the country's North West region.

CHICAGO—The company's existing 1.1 million-square-foot data center at 350 E. Cermak is already the nucleus of Chicago's commodity markets and financial firms.