December 27, 2011 As the brunt of the recession fades from memory, small to mid-sized businesses are approaching the industrial market with renewed confidence. The result is a focus on long-term planning, which is prompting an uptick in activity and pushing vacancy rates downward. Read more...
December 20, 2011 Air cargo volume and the Midwest Manufacturing Index can be a useful tool in predicting future trends in Chicago's O'Hare industrial market. Read more...
December 06, 2011 Those who make it in this business tend to be adept at understanding how to cultivate positive relationships with all parties in a transaction. Learning to balance the fiduciary responsibility to the client while simultaneously building respect with the person on the “other side of the table” is a critical skill that takes time and patience. Read more...
October 03, 2011 Robert Hess, executive managing director, consulting for Newmark Knight Frank Global Corporate Services in Rosemont, sits down with Chicago Industrial Properties Editor Mark Thomton to discuss the latest trends and issues in corporate real estate. Read more...
September 26, 2011 By most measures, the national commercial real estate market is well into its recovery phase. And Chicago, the nation’s third largest metropolitan market, is following this trend. It may not be recovering as quickly as coastal markets such as New York, Los Angeles, San Francisco and Washington, D.C., but all of its vital signs are pointing up Read more...
September 26, 2011 The Chicago industrial market is desperately in search of equilibrium and consistency. Without it, many in the industry question when a significant and sustainable recovery will occur. Read more...
September 26, 2011 On average, transportation costs are typically eight to ten times the cost of real estate and in most scenarios, transportation is the true “driver” behind real estate decisions. With higher fuel costs, decaying infrastructure and fewer truck drivers on the horizon, migration to rail is absolute. Read more...
September 13, 2011 A groundbreaking was recently held for the Winpak Portion Packaging manufacturing facility in Dermody Properties’/ DP Partners’ LogistiCenter at Sauk Village, Ill. Participants included Mayor Lewis Towers of Sauk Village, Illinois State Representative Anthony DeLuca, and representatives from Winpak Portion Packaging, Dermody Properties/DP Partners and Principle Construction. Read more...
September 06, 2011 Although adopting green design and construction practices is an admirable goal, seeking LEED certification for industrial buildings isn’t always practical Read more...
August 30, 2011 Setting energy consumption goals has become a new function of property managers. Properly communicating benchmarks and strategies to clients can be challenging. This article highlights some of the common questions that can come from clients and how to address them. Read more...
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