“This suggests the average lease-up time for new speculative product following delivery in Chicago's industrial market is longer than other markets. This lease-up time will likely be extended further by the Coronavirus pandemic and ensuing economic response,” Colliers states.
State officials say that these programs taken together will provide more than $75 million of state and private financial support, with the opportunity to grow to more than $100 million if additional philanthropic, state, and federal resources become available. T
Amazon’s ability to deliver products in the shortest possible time is putting intense pressure on the global retail industry and fundamentally changing the way supply chain management works.
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