News
INDUSTRIAL HEATING UP
January 18, 2012
| Pizzuti EVP Michael Chivini is bullish on the recovery of the Midwest industrial market, especially Chicago, over the next two years. Learn why when he speaks at Bisnow’s Industrial Summit, Thursday, Jan. 19 at the Stephens Convention Center in Rosemont. Register here! |
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| Michael tells us that demand for large blocks of space continues, but supply is markedly down. Last year, Pizzuti had 2.5M SF of transactions and started construction on 1.5M SF, mostly build-to-suits. The company is completing the last 300k SF. Among its notable deals: the 650k SF lease to Samsung on spec space Pizzuti built at its Pinnacle Business Center in Romeoville. |
