Avison Young Tapped to Market East Pilsen Development
Why this matters
Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Chicago capital flow has been concentrated in industrial along the I-55 and I-80 corridors and in the most select downtown trophy office submarkets. Multifamily transaction volume has moved up in the Near North and West Loop. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The 79th Chicago story tracked on the wire in August 2026. All Chicago coverage →
- 15 stories mentioning Avison Young on the wire in the past 90 days. Avison Young coverage →
Computed from Real Estate Trail’s own tracked coverage
Avison Young has been retained by Chicago developer Podmajersky, Inc., led by John Podmajersky III, to market a new-construction industrial development at 2100 S. Canalport Ave. in East Pilsen. The project is designed…
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