Episode 42, is live on location at 3711 S Ashland Avenue Chicago, the new home of Aviation Institute of Maintenance, a technical school offering offer hands-on training for full service aircraft repair and maintenance. Hear about the development of this facility and walk through the classrooms, hangar, and welding room

Episode 41 features Dean Brody to discuss truck terminals and their role in the movement of goods. This episode introduces a recent whitepaper: Driving Forward which describes the background of truck terminals, how they fit into the supply chain, as well as building characteristics, development considerations, and investment trends. click here for the report https://www.us.jll.com/en/trends-and-insights/research/truck-terminal-investment-and-occupier-perspectives

A new episode of JLL Chicago Industrial Real Time is live. Reggie Greenwood, Executive Director of the Chicago Southland Economic Development Corporation and Scott Duerkop join the podcast to discuss the unique logistics and transportation assets and industrial site opportunities in the region.

In this episode, Chad and George join David Bodamer, host of Wealth Management Real Estate's Common Area Podcast to discuss some areas within the industrial world you may not think about such as cold storage, truck terminals and transloading and how they are currently changing and adapting to the technology-based world we live in today As e-commerce continues to change the way we live our day-to-day lives, there have been some major impacts in the world of transportation and distribution that are reshaping the industrial and logistics market. Chad and George discuss: How the pandemic has affected distribution and increased demand for more advanced and adaptable delivery systems throughout the world What transloading is and why it works  New delivery developments such as 15-minute grocery delivery services in New York City Emerging niche markets and how they are creating competition for major big-box distributors  

This supplemental podcast episode is a recording of our April 2021 Chicago Industrial Market Perspective Client Webcast.  Hear from a panel of JLL professionals on various segments of the market including land pricing, urban logistics, construction, and capital markets and more.      0:50 Introduction from John Picchiotti, Chicago Industrial Market Lead.   2:07 George Cutro, Director of Research, provides a recap of first quarter statistics and positive trends including falling vacancies and leasing volume growing across all size segments.   9:01 Kris Bjorson, Head of Retail /Ecommerce Distribution, discusses how customer service and transportation impact site selection decisions.    14:13 Keith Stauber, Managing Director, runs through recent big box market activity and explains how the supply and demand imbalance has drastically shifted in the I-55, I-80 and I-57 submarkets.   22:02 Conor Mullady, Senior Vice President, covers land pricing ranges across the Tri-State market and how entitlements and utility availability impacts the development potential of a site.   28:09 Michael Conway , Vice President, reviews last mile and urban logistics trends within the City of Chicago.      34:53  Sam Durkin, Executive Vice President of JLL Industrial Services, describes how the limited pool of Class A inventory and growing deal sizes across the infill markets are leading to steady rent growth.   41:48  Rick Steger, Head of Industrial Project and Development Services, touches on construction pricing and lead times impacting the delivery of building materials.   46:10 John Huguenard, US Industrial Capital Markets lead, closes the webcast with highlights on cap rate compression and how the depth of the buyer pool has grown for limited industrial offerings.  

This is Episode 37 recapping the JLL 2021 Midwest Industrial Outlook Report which provides insight into 14 markets across the nation’s heartland region. The report focuses solely on modern bulk distribution product with an emphasis on the top tenants, institutional developers, and investors. The report also includes findings from a survey from the field of JLL professionals in each market.

Matt Goode, Principal of Venture One Real Estate joins the Podcast to discuss the company's value-add acquisitions strategy and ground up development business. Also hear about Matt's background and recap of several successful transactions with the JLL Chicago Industrial Team.

Phillip Smailes, Director of Marketing for Progressive Rail Incorporated joins the podcast to talk about the Chicago Junction Railroad and the Chicago, St. Paul & Pacific Railroad.

Rick Steger, head of JLL’s industrial project and development services group, marks his first return to the podcast since Episode 3. In this installment, we discuss the state of the industrial construction market during COVID-19—including safety features clients are requesting in buildouts, and opportunities in e-commerce, manufacturing and medical/biotech. We also examine how a few trends have evolved since Rick discussed them back in 2017.   2:50: Before COVID-19 hit, U.S. construction was projected to be flat in 2020. 4:17: Project times have lengthened due to government shutdowns, productivity declines, labor shortages and delayed equipment/material deliveries during COVID-19. 7:26: Construction hit its bottom April 22, when 60% of U.S. projects were put on hold or canceled, but began bouncing back by May 20, with many projects back up and running early to mid-June. 11:48: The construction industry is predicted to be down 10-15% overall in 2020 vs. 2019 – not bad considering how much it’s grown over the past few years. 13:18: Opportunity: Growing use of e-commerce, specifically grocery e-commerce, during COVID-19 is driving demand for new distribution centers in urban centers, multi-floor downtown warehouses, dark-store conversions, and more. 16:54: Opportunity: During COVID-19, many manufacturers have been rethinking their supply chain operations, seeking to de-risk by building more facilities stateside and relying less on overseas operations. 18:22: Opportunity: Some of medical and biotech also will move manufacturing back stateside following problems faced overseas during COVID-19. 19:23: Ensuring safety on the job site: From temperature checks and questionnaires to HVAC systems and UV light. 22:20: Preassembled components and automation likely to rise in use in the construction process due to COVID-19. 23:34: Revisiting topics from Ep. 3: Precast supplies, 40’ clear and LEED/energy efficiency programs.

The COVID-19 pandemic is changing the way we’re working, shopping, living and planning for the future. In this episode, we discuss shifts in e-commerce to accommodate an influx in shoppers and expansion of the supply chain. We also revisit predictions from two years prior when we first spoke with Matt Powers, executive vice president for retail and e-commerce distribution at JLL.   2:05 – Companies are not focusing on a single building in a single market, they’re looking to roll out a true network.   4:00 ­– Tertiary markets are as hot as they have ever been. 6:33 – Consumers are more cautious in their shopping experience. 8:33 – Starting to see a shift in the supply chain from global to regional. 9:35 – Many retailers recognize the need to open a large presence closer to major metros and a secondary presence in tertiary markets to fulfill customer needs. 13:24 – How different generations experience online shopping. 14:23 – Opportunities for online ordering and pickup in the wake of the pandemic may create problems for inventory, especially in areas of cold storage. 15:15 – Consumers forced to do “BOPIS” (Buy Online Pickup In Store) during the pandemic will now be more comfortable with this shopping method going forward. 18:40 – The future is bright for grocery and their delivery services. 18:56 – Following up on predictions from two years prior. 19:38 – There’s a continuing demand and driver for e-commerce to arrive at the end customer more quickly. 21:15 – Some companies are more sophisticated and ready to approach e-commerce and supply chain conversations, and others want to hear success stories and best practices before they take the next step.