Ryan Ori

<div class="RichTextArticleBody"><div class="RichTextArticleBody-body"><p>Chicago’s first multilevel distribution center is ready to rise along the Chicago River on the city’s North Side after the developer landed $150 million to finance the project.</p></div></div>

United States

Industrial

Project Furthers National Trend of Developers Building Up to Meet Demand for Last-Mile Distribution Space

Chicago’s First Vertical Distribution Center Set To Rise After Developer Lands $150 Million Construction Loan

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CoStar has introduced a new market-based programme recognising the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organisation in commercial real estate. The selected top deals and the real estate firms and individual agents involved in each transaction will be singled out for recognition each quarter. For the purpose of recognising the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

CoStar has introduced a new market-based program recognizing the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organization in commercial real estate. The selected top deals and the real estate firms and individual brokers involved in each transaction will be singled out for recognition each quarter. For the purpose of recognizing the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

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Chicago’s First Vertical Distribution Center Set To Rise After Developer Lands $150 Million Construction Loan

Project Furthers National Trend of Developers Building Up to Meet Demand for Last-Mile Distribution Space

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