by Kipp Gillian | Aug 9, 2023 | Industrial
Prologis has bought a 47-acre land in Somerset, New Jersey. The firm plans to develop an industrial space spanning approximately 436,900 square feet. The sale price was not disclosed. Located at 187 Davidson Avenue, the sustainable development, set to complete...
by Kipp Gillian | Aug 9, 2023 | Industrial
A coalition of interests led by Amtrak has submitted applications for nearly a billion dollars of federal funding to transform Chicago’s aging Union Station. The plan would revamp the busy station into a modern connection line between Chicago and Detroit. Gov. JB...
by Kipp Gillian | Aug 9, 2023 | Industrial
Prysmian Group, an energy and telecom cable organization, recently broke ground on a $63.8 million expansion project at its Du Quoin, Illinois. The project will increase the plant’s ability for cable manufacturing for the renewable energy and electric vehicle sectors....
by Kipp Gillian | Aug 9, 2023 | Industrial
Blank Rome LLP is pleased to announce that Partner Joel Sestito, Of Counsel Rachel Mather, and Associate Olivia Ortiz have joined the firm’s nationally recognized Real Estate group in Chicago. Real estate finance pros, Joel, Rachel, and Olivia represent lenders in...
by Kipp Gillian | Aug 9, 2023 | Industrial
JLL announced it has appointed Jackie Shropshire, Senior Vice President, to lead the firm’s Chicago Industrial business. Shropshire, presently a member of the Industrial Portfolio Services team, joined the company in 2021 following senior leadership roles with Stryker...
by Kipp Gillian | Aug 9, 2023 | Industrial
TCCI, a global leader in electric compressors for commercial, heavy-duty, and automotive specialty markets, was joined by Illinois Governor JB Pritzker, Richland Community College, and the Illinois Department of Commerce and Economic Opportunity to break ground...