REBusiness Online · Industrial
Seefried Underway on 520,000 SF Spec Industrial Park in Des Plaines, Illinois
Via REBusiness Online · September 14, 2026
Compiled by Real Estate Trail Editorial · September 14, 2026
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. 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
- Disclosed industrial deal value tracked in September 2026: $2B across 17 reported transactions. All Industrial coverage →
Computed from Real Estate Trail’s own tracked coverage
Excerpt from REBusiness Online:
DES PLAINES, ILL. — Seefried Industrial Properties has completed demolition and is underway on a three-building, 520,000-square-foot industrial development in Des Plaines. The project is a redevelopment of approximate…
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