Light industrial is all the rage for e-commerce.
Thursday, March 19, 2020
As an industrial real estate broker in one of the country’s hottest submarkets, Patrick Turner sensed opportunity when he heard a news report announcing the closure of a national-brand bakery complex near Chicago’s O’Hare International Airport.
“A light went off in my head,” says Turner, a vice president in the Rosemont, Illinois, office of Colliers International. “When you’re talking about urban infill, you can’t just go out and find 10 acres [4 hectares] anywhere around the airport. It just doesn’t happen.”