Podmajersky to Build 12,000 SF Spec Industrial Facility in Chicago
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 84th Chicago story tracked on the wire in August 2026. All Chicago coverage →
Computed from Real Estate Trail’s own tracked coverage
CHICAGO — Developer Podmajersky Inc., led by John Podmajersky III, is developing a small-bay industrial facility totaling 12,000 square feet in Chicago’s East Pilsen area. Avison Young has been retained to market the…
External link. Real Estate Trail does not republish source content.
Related coverage — Chicago · Industrial
Southeast Asia Data Center Investment to Reach USD 35.08 Billion by 2031 | Malaysia, Indonesia, Thailand & Singapore - Arizton
CHICAGO, Aug. 25, 2026 /PRNewswire/ -- Arizton's latest report highlights the continued expansion of Southeast Asia's data center market, with investments projected to grow from $15.72 billion in 2025 to $35.08 billio…
Avison Young Tapped to Market East Pilsen Development
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…
Interra Realty Brokers $2.1M Sale of Value-Add Apartment Building in Chicago
CHICAGO — Interra Realty has brokered the $2.1 million sale of a 13-unit apartment building located at 1433 W. Ardmore Ave. in Chicago’s Edgewater neighborhood. Joe Braun of Interra represented the private seller, whi…
Matterhorn Venture Partners Acquires Chicago Area Industrial Portfolio
Assets are part of a 53-building shallow bay industrial portfolio acquired by TPG AG US Real Estate for $628 million CHICAGO, Aug. 25, 2026 /PRNewswire/ -- Matterhorn Venture Partners ("MVP") today announced a partner…
Christie's International Real Estate Launches In Abu Dhabi Amid Historic Housing-Market Growth
CHICAGO and ABU DHABI, UAE, Aug. 25, 2026 /PRNewswire/ -- Christie's International Real Estate is launching in Abu Dhabi, bringing its global luxury real estate network to an international housing market experiencing…
PHILLIPS LYTLE'S BANKING AND FINANCIAL SERVICES PRACTICE ANCHORS CHICAGO GROWTH STRATEGY
Newly named Chicago Office Leader Victoria L. Grady accelerates Midwest expansion plans with focus on banking and litigation CHICAGO, Aug. 24, 2026 /PRNewswire/ -- Phillips Lytle LLP has appointed Victoria L. Grady, a…