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Illinois developer plans $20M industrial building in Indiana

Flexibility, proximity to density remain crucial for Chicago area cold storage development

Flexibility, proximity to density remain crucial for Chicago area cold storage development The Frozen Assets facility near Midway Airport in Chicago. Photo courtesy of CBRE. As bars and restaurants struggled to adapt in order to stay afloat during the peak months of the pandemic, namely by changing business models either to a dry good shop or focusing entirely on delivery and carry-out, grocery stores throughout Chicago were experiencing high volumes of sales and demand as customers ditched going out and chose to cook from home.  Then from a retail and consumer goods perspective, e-commerce and home delivery became essential for millions of Americans. And when you combine grocery and e-commerce, you now have apps and services where shoppers are paid to fetch and deliver groceries to folks who are working from home. Naturally, the pandemic also kicked this trend into high gear as we were asked to stay at home for months on end.

Oxxford Clothes building in the West Loop back on the market

Oxxford Clothes building in the West Loop back on the market
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