Instant Insights / Industrial Test

Test of CRE Industrial


Thank you for sharing!

Your article was successfully shared with the contacts you provided.
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.

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.

More from this author


Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.