Chicago

The Chicago-based industrial real estate firm states it has commenced phase one of the development, which includes construction of a 555,840-square-foot state-of-the-art logistics center.

The reaction to a recent increase in the 10-year Treasury rate may take a few months to set in.

A breakdown of the portfolio traded includes 46 buildings totaling 9.9 million square feet principally in Poland, France and Hungary and 40 buildings totaling 6.6 million square feet primarily in Seattle, Dallas and Chicago.

A dwindling supply of creative office space in the Central Loop since 2011 made One North LaSalle a premium investment opportunity.

The sector performs well even in downturns, a fact appreciated by a lot of buyers.

The growing importance of distribution and logistics means new models are needed.

The new owner has successfully repositioned other assets in the CBD.

Cleveland is just one of many Midwest cities that has seen suburban companies flock to its CBD.