3501 Brandon Road in Joliet, a spec development in the CenterPoint Intermodal Center.
Local leaders of top industrial developers haven’t had much of a break in recent months as interest in Chicago-area industrial continues to reach new heights. And it’s not all pandemic-related upticks in e-commerce though, that’s certainly a big part of the story. Despite the disruption the pandemic caused in 2020, this year is already shaping up to be a busy one for builders, brokers and industrial tenants.
But where are the big industrial developers building? What are some of the challenges they’re facing right now? And how does Chicago stack up in a national portfolio of assets?