Chicago

The planned complex will total 221,000 square feet and once completed will be the largest building on the campus.

Completed in 2017 as a spec development, the class-A industrial facility located in DuPage County will include more than 330,000 square feet of warehouse space, in addition to 40,000 square feet of temperature-controlled space and 8,500 square feet for corporate offices.

Locally-based John Buck is reportedly in contract to sell the former CNA Center to a partnership of SHVO, Deutsche Finance and BLG Capital.

Last year's activity marked a 2.5% increase from 2018 and was in fact the strongest leasing volume for the decade, according to Cushman & Wakefield.

Cushman & Wakefield reports US Foods has signed a lease renewal for 275,000 square feet at 9399 W. Higgins Road, part of the Riverway office campus. The lease renewal includes an option for further expansion at Riverway.

Eliadis most recently served at Walgreen Co. for nine years in the real estate and finance divisions. His appointment follows the October 2019 hiring of CEO Joe Brady, who previously had served as divisional VP for real estate at Walgreen Co.

The deal announced by brokerage firm Kiser Group involves the 208-units located at 7500 S. South Shore, 6916 S. Clyde Ave. and 7038 S. Chappel Ave.

JLL states in its year-end 2019 report on the Chicago industrial market that after some nervousness earlier in the year, large occupiers returned to the market.