2024 Data Center Environment with Sean Reynolds
JLL Chicago Industrial Real Time
Sean Reynolds, Managing Director for High Density Use Space Properties at JLL, returns for the third time to discuss findings from the
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Episode 54: Industrial Research Committee - Q2 2024 Roundup
JLL Chicago Industrial Real Time
Local experts from JLL's Industrial Research Committee discuss market trends observed halfway through 2024. Chicago - George Cutro (0:58 - 4:04) National Perspective - Mehtab Randhawa (4:19 - 6:37) New Jersey - Alex Kachris (6:46 - 10:37) Baltimore - Ben Caffey (10:45 - 19:17) Atlanta - Harriet Westlake (19:27 - 25:28) Indianapolis - Mike Cagna (25:39 - 30:34) Dallas/Fort Worth - Nick Thomas (30:43 - 36:33) Southern California - David Fan (36:40 - 40:12) Canada - Chad Piche (40:22 - 45:09)
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Episode 53: 2023 Data Center Environment with Sean Reynolds
JLL Chicago Industrial Real Time
Sean Reynolds of JLL's Chicago Data Center Practice Group returns to the podcast to talk about the data center real estate environment as the year comes to a close. Topics include power requirements and power sources, infill markets, demand for data centers, transaction velocity in today's real estate environment, construction time and cost.
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Episode 52: 2023 US and Canada Construction Outlook with Andrew Volz
JLL Chicago Industrial Real Time
Episode 52 features Andrew Volz, JLL America's research lead for Project and Development Services (PDS). In this episode, we discuss the findings of the The construction pipeline remains robust and year-over-year construction costs remain up despite a drop in pricing for select materials. While declining buildings starts will relieve some price pressures, infrastructure projects and international demand for select materials are likely to offset relief, leading to more moderate growth rates for prices rather than a net drop. Industrial occupiers have been faced with a...
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Episode 51: Midwest Industrial Funds Palatine Corporate Center with Justin Fierz
JLL Chicago Industrial Real Time
Episode 51 features Justin Fierz, Founding Principal of Midwest Industrial Funds along with and to discuss the Topics Include JLL’s involvement with the site started back in 2019 with disposition of the former Weber Grill Manufacturing Campus. Sam and Steve were also involved with another disposition across the street which was redeveloped as a last mile delivery station. Palatine is not typically thought of as an industrial destination, but has a some large corporate occupiers and key parcel distribution hubs. Midwest Industrial Funds was able to secure approvals and...
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Episode 50: Josh Grozdin, Illinois Manufacturing Excellence Center
JLL Chicago Industrial Real Time
Episode 50 features a previous guest, partner relations manager with the . IMEC has a team of experts with previous careers across various manufacturing sectors that can help with data, whitepapers, and hands on training. The organziation offers services for small manufacturers such as helping to improve process workflow via systematic plant layouts to achieve lean manufacturing inititatives and ISO Certification. In addition, IMEC is also accepting applications for the Cook County Manufacturing Reinvented grant program. Tune in to hear about how IMEC can be a resource...
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Episode 49: Data Centers with Sean Reynolds
JLL Chicago Industrial Real Time
of JLL's Chicago joins the podcast to discuss trends and activity in the data center real estate world. Topics include: Chicago as a key data center market due to its history as a railroad hub. Hyperscalers are helping to push for sustainability through wind energy development. In 2021 The State of Illinois passed an important bill with tax incentives for the data center industry. Data centers contribute significantly to municipal finances through electricity sales tax generation. Elk Grove Village is a “main and main” location for data centers due to power and fiber access. Power supply...
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Episode 48: Lion Electric Vehicles at Clarius Park Joliet
JLL Chicago Industrial Real Time
Episode 48 is live from the new home of Lion Electric Vehicles at We are joined by from JLL and Clarius Partners' to hear about JLL’s involvement with Building I and the development and leasing of the 906,517 sq. ft. manufacturing facility. This location will become Lion Electric’s first manufacturing facility in the US and a showcase for consumers. Lion Electric was attracted to Joliet for its robust logistics industry, labor force and the Illinois Climate Change Policy which aligns well with the electric vehicle market. When the project started, the team knew it would...
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Episode 47: ATMI Precast
JLL Chicago Industrial Real Time
Episode 47 is live from in Aurora, IL. We are joined by Mike Walsh, VP of Business Development to learn about the process of making precast and see their finished product. Hear more about the facility, their capabilities and trends in industrial construction. Show Notes ATMI produces precast for industrial buildings, data centers, parking structures, and more. Hear about the how raw steel and rebar is custom fabricated to customer specifications. The facility is on 22 acres and consists of two production buildings, two concrete batch plants and yard...
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Episode 46: Industrial Service Facilities with Timber Hill Group
JLL Chicago Industrial Real Time
Episode 46 is live visiting with the principals of : Founder Cary Goldman, partner Ryan Battistoni and Marty Siegel along with Robin Stolberg from JLL. Topics include Background on JLL’s Industrial Service Facilities (ISF) Practice Group ISF is a niche area of transportation and logistics real estate. How JLL Research classifies the various industrial property subtypes. Learn about Managed Truck Parking Hear about Timber Hill's National Truck Parking platform Consideration for the electrification of truck fleets.
info_outlinePhillip 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. These two short lines service the Centex Industrial Park in Elk Grove Village and the Bensenville Industrial Park. Progressive Rail has a national reach operating 13 short lines in 8 states and locally services a diverse group of industries on their 20 miles of track and yards with the ability to interchange with other Class 1 railroads.
2:35: Progressive Rail is heavily concentrated in the Midwest and got their start in Minnesota by taking over an abandoned rail line.
8:40: Short line railroads provide detailed local switching service which compliments precision scheduled railroading (PSR).
10:36: Mention of some of the various industrial customers served.
12:10: JLL’s introduction to PGR while working with 3W Plastics and reactivating rail service in their new Elk Grove Village facility.
17:35: Transloading offers customers the ability to take advantage of the efficiencies of rail.
18:08: One covered hopper railcar can carry the equivalent of approximately four truckloads of product.
22:30: Plans to expand their transloading capacity in Elk Grove Village.
29:05: Striving to maximize customer output by turning cars more frequently to meet their needs for moving inbound raw materials and outbound finished product.
33:45: The Village of Elk Grove has been very supportive and views the rail line as a critical asset to their industrial park.