Amazon halts move-in for new Chicago, Addison facilities – The RealDeal

The company’s binge helped Chicago’s industrial sector thrive, especially compared to other factions of the commercial market, as warehouse vacancies fell to an all-time low to start the year. Plus, a handful of developers are redeveloping old business parks for industrial use, like Dermody’s $232 million redevelopment of the former All-State campus in Glenview. However, the city’s industrial boom is starting to slow down a little bit, according to Craig Van Pelt, Cresa’s head of research.
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debtsor
3 years ago

This seems like really bad news.

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