CHICAGO-It hasn't fully translated into sales just yet, but Columbus, OH-based Pizzuti Cos. vice president of sales and leasing Bill Baumgardner tells GlobeSt.com one industrial trend is clear. “The activity is very strong with the big-box users – 500,000-sf or more. The strength of that area has been very good, and the quality of the companies looking has been very good.”

While those bulk distribution possibilities are in favor, multi-tenant facilities in the 150,000-sf are not, Baumbardner adds.

Meanwhile,. Chicago-based CenterPoint Properties, a REIT that aims to be the industrial landlord of choice in the region, prefers warehouse properties because of their low capital requirements, a high-level of tenant investment, triple-net lease terms, limited competition and their greater salability over other property types.

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