Big-box warehouse construction keeps rolling along, this time in the nation’s hottest real estate market.
In Chicago, 48 big-box buildings — defined as 200,000 square feet or more — were delivered during 2022, more than at any time in the market’s history, according to data published on Monday by Colliers International Group Inc., a real estate services firm (NASDAQ: CIGI). The total square footage of those buildings stood at 25.5 million square feet.
Of the 48 buildings delivered, 35 were built...
https://www.freightwaves.com/news/chicago-big-box-warehouse-activity-set-records-last-year