CHICAGO—The ongoing revival of manufacturing and the rise of next-day delivery has given a big boost to the US industrial market, and investors have also picked up the pace. Sitex Group, a Chicago-based private equity firm that specializes in industrial investments, for example, has just launched its eighth fund and plans to triple its footprint in just the next two years.

“Our eighth fund is five times the size of our seventh,” Cary Goldman, a Sitex principal, tells It’s a long way from 2001, when he and David Friedman helped found the firm “without much more than an itch to start an acquisitions firm.”

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