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Test of CRE Industrial


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chi-05-bruckner-2018-02-02-bx01_z Innovo and Square Mile acquired the Whitestone Multiplex Cinemas in the Bronx last year, and plan to develop this multistory, 840,000-square-foot distribution center.

CHICAGO—The US industrial market keeps rising, even as many people are on the lookout for any signs of the downturn that has to come eventually. But although few see any of those signs, other difficulties and challenges have arisen in this expanding sector. The nearly full-employment economy means labor has become scarce, much of it absorbed by the burgeoning Amazon, pushing up the costs needed to attract and retain workers.

But even though development now presents a set of new challenges, builders drawn by the robust demand that continues fueling the sector’s remarkable expansion, especially for product devoted to e-commerce. are experimenting with new designs and seeking out different locations.

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Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.

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