America Has a “Delivery” Problem; Not So in Chicago
The ravages of Covid-19 are pervasive. It has closed down most of our economy; and even as some states try to carefully reopen, the delivery of necessities like hand soap, baking flour and grocery items has revealed a yawning challenge: how can deliveries keep up with increasing demand?
Look no further than Chicago.
With its big population, central location and easy access to shipping by air, rail, waterways and interstates, Chicago is a key hub in an increasingly global supply chain.
According to Jason Tolliver, the Indianapolis-based research leader of brokerage Cushman & Wakefield’s industrial business in the Americas, “Chicago is the largest industrial market in the country. It is the linchpin for logistics, manufacturing and production.”
This is welcome news for the commercial real estate market because even more warehouse expansion is happening right now in Chicago. At a time when much of that economic sector is suffering, new warehouse construction means dollars and jobs for developers and builders.
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Mr. Willig engages and coordinates a professional team of real estate brokers, general contractors, leasing agents, and property managers in order to rehabilitate, lease and maintain the properties he acquires for SpringView Investments. He has over 20 years of finance and accounting experience.