Chicago’s red-hot industrial market is keeping Taylor Johnson client Marcus & Millichap busy as investors look to grow their portfolios in the area. The firm recently brokered the $11.5 million sale of three industrial properties in suburban Chicago near O’Hare and Midway airports. Despite years of robust construction, much of it completed on a speculative basis, Chicago-area vacancy continued to fall in 2018, reaching a decade low of 5.9 percent, according to Marcus & Millichap data. Taylor Johnson shared news of the portfolio sale with multiple outlets, securing coverage in GlobeSt.com,REBusiness Online and RE Journals.

1300 Morse Ave. in Elk Grove Village was one of three industrial properties included in an $11.5 million portfolio sale brokered by Marcus & Millichap.