Recent News | ICG CRE | National Corporate Real Estate

Off Market Elk Grove Village Acquisition

Magnetic Inspection Laboratory (“MIL”) acquires the 1355 Greenleaf Avenue facility in an off market transaction to further support their continued manufacturing line expansion. The 40,000 sf former “Ability Metals” facility will help accommodate MIL’s growth in the areas of aerospace,...

Reasons to invest in Chicago CRE - ICG CRE

4 Key Reasons to Invest In Chicago Commercial Real Estate

Chicago is famously known by its nickname “Windy City”, but there’s so much more to this sizable city nestled in the Midwest. With a strong economy and sizeable population, it offers numerous factors that make it an excellent location for...

Chicago Industrial Real Estate Summary - ICG CRE Industrial Real Estate

Chicago Industrial Real Estate Market Summary Q1 2023

Before we dive into specific statistics for the Chicago industrial real estate market in Q1 2023, we want to highlight an important statistic that investors keep an eye on, the market cap rate, which currently sits at 7.9% in Chicago....

Industrial Real Estate News - ICG CRE Chicago Commercial Real Estate

Industrial Real Estate News Update Q1 2023

We’ve pulled the latest highlights and biggest headlines for industrial real estate news across the country. This quarter there are many news items for the recent development projects around the nation, and various trends based on the demand of space...

Chicago Commercial Real Estate News - Office and Industrial Real Estate -ICG CRE

Chicago Commercial Real Estate News Highlights 2023

Following are some of the highlights in the Chicago CRE markets making headlines in Q1 2023: Downtown Chicago rental rates, ups and downs for the Chicago office market overall, and the future of multistory industrial assets. ICG goes through the latest Chicago commercial...

Industrial Real Estate 101 - ICG CRE Chicago

Industrial Real Estate 101: 6 Questions and Answers About the CRE Sector

Real estate is booming, and the public is raising many questions about CRE and the industrial sector. It has contributed significantly in the current global economy. It is part of the supply chain evolving around logistics, distribution, warehousing, and manufacturing....

What Goes Into the Valuation of an Industrial Property - ICG CRE

5 Questions (and Answers) About What Goes Into the Valuation of an Industrial Property

Valuing an industrial property is not an easy feat. Industrial real estate and the different assets within this sector of commercial real estate require a deep understanding of the local market, the particular characteristics of the property / assets, and...

ICG Chicago awarded Huntley IL Build to Suit transaction

ICG Chicago was engaged by an IL based National transportation operator to provide relocation services throughout various major transportation corridors of Chicagoland. Given the heavy industrial nature of the use consisting of over 100 dedicated truck and trailer stalls, repair...

ICG brokers 53 acre Industrial site in Elgin IL

ICG’s Mike Hawryluk represented a long-term national client in the acquisition of approximately 53 acres in Elgin IL. The site is slated for industrial development and is 1 of 2 remaining pieces of land of its size within the Elgin...

Village of Monee acquires 40 acres for new Public Works facility

ICG Chicago’s Mike Hawryluk, Managing Principal, together with Chris Curtis, Principal of Nugent Curtis RE, were the sole brokers involved in the sale of 40 acres to the Village of Monee located at 120 Industrial Dr. The 40 acres was...

ICG Brokers off-market investment acquisition

ICG Chicago’s Mike Hawryluk successfully brokered the off-market acquisition for his clients who were interested in the 48,000 sf facility on +/-14 acres in unincorporated Elgin, IL. Given the lack of inventory in today’s market we are having to get...

ICG fills Round Rock TX 150,000 sf speculative facility

Mike Hawryluk, Managing Principal with ICG Chicago, together with Jeff Lewis of the Weitzman Group, helped a specialized manufacturing client find a suitable facility in Round Rock TX in a long-term lease transaction. Through the process the client modified their...

ICG’s Mike Hawryluk represents Purchaser of 196 acres in I90 Corridor

ICG’s Mike Hawryluk represents private investor client in the acquisition of +/-196 acres with over 1,800′ of frontage on I-90 in Kane County Gilberts.

ICG Represents The GEO Group (NYSE: GEO) in the disposition of their Willowbrook IL facility

The team of Mike Hawryluk, Robert J. Russell Jr, and Michael Piscoran, SIOR worked on behalf of The GEO Group Inc (NYSE: GEO) in the disposition of their +/-17,000 sf facility on 12 acres in DuPage County Willowbrook, IL. The...

Over 500 acres newly awarded to ICG Chicago

The team of Mike Hawryluk, Michael Piscoran SIOR, and Robert J Russell Jr were awarded over 500 acres of industrial and commercial land sites as new disposition projects in the I88 corridor. The private ownership groups, while having no relation,...

Arlington Equipment acquires 160,000 sf, sells their headquarters

After being in the O’Hare market for over 3 decades, Arlington Machinery has acquired the 650 Church facility in Lake Zurich. The +/-160,000 SF industrial facility will provide tremendous growth for the company’s growing clientele. Their former headquarters facility, a...

2020 Estes Ave, Elk Grove Village acquired by VG Transport

VG Transport, an Elk Grove IL based transportation company, has acquired the long time headquarters facility of Arlington Plastics, a 34,000 sf facility, to further accommodate their growth and expansion. Mike Hawryluk, Managing Principal of ICG Chicago represented the seller,...

ICG awarded National representation of Publicly Traded Transportation Company

The team of Mike Hawryluk, Managing Principal together with Robert J Russell Jr, Vice President of the firm’s Brokerage Operations, have been engaged to represent an undisclosed transportation company across the US. ICG’s roles will consist of site selection, tenant/buyer...

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