CRE MARKETPLACE (pg.14): BROKERAGE FIRMS CONSTRUCTION COMPANIES/GENERAL CONTRACTORS FINANCE & INVESTMENT FIRMS LAW FIRMS/RE ATTORNEYS
VOL.32 NO.1
THE LEADING NEWS SOURCE FOR INDUSTRIAL REAL ESTATE PROFESSIONALS & USERS
JANUARY/FEBRUARY 2022
Revisiting Chicago Industrial Properties’ biggest themes and stories of 2021
Photo by Analogicus via Pixabay.
By AJ LaTrace, Managing Editor
B
y the time you’re reading this issue of Chicago Industrial Properties in print, we will already be well into 2022. And while there’s excitement for what the new year may bring, one thing that’s for sure is that 2021 was a tremendous year for the world of industrial real estate.
The Chicago area benefited greatly from the industrial boom, largely supercharged by the fast-growing transportation, logistics, and warehousing industries. Developers couldn’t build space fast enough for businesses in this industry, but there were also some major manufacturing
deals as well. Every other month, we publish our print publication with researched and reported long-form features. These pieces take deeper dives into what is happening in Chicago industrial real estate in the moment. And fortunately, the archive for 2021 will serve as a resource and record for those looking back at the big industrial boom from the early 2020s.
From refrigeration, to distribution, to manufacturing and adaptive reuse, there were many themes we explored 2021 (continued on page 10)
PRSRT STD U.S. Postage
PAID
CHICAGO, IL PERMIT NO. 3223
Ongoing supply chain disruptions and virus spikes could spell feast or famine for industrial construction contractors in 2022 By AJ LaTrace, Managing Editor
W
ith nearly two full years of collectively pushing through the pandemic, we’d think that the construction supply chain and runaway costs would be under control by now, right? Wrong. As soon as cases drop and life starts going back to normal, another variant wreaks havoc on an already exhausted nation. At this point, Chicago-area construction professionals have had enough time to adapt to CONSTRUCTION (continued on page 12)