More than 200 results for “land”
Industrial v Wisconsin

Building boom in Southeast Wisconsin

| Matt Baker

Kenosha County, Wisconsin is one of the smallest industrial submarkets in the Chicago metro area. Its 249 properties, as of Q4 2018, are second to last in inventory count, as is its total square footage of 33,569,560 square feet. But that’s about to change as no area had more square footage under construction at the close of 2018.

CRE N Illinois

Forecast of Chicago development: The river runs through it

| Matt Baker

Yesterday, over 900 industry professionals packed into the Hyatt Regency Chicago for the 17th annual Chicago Real Estate Forecast. The most popular panel, which discussed the surge of development along the Chicago River, had attendees spilling out of the Grand Ballroom and craning their necks to hear from the hallway.

CRE N Illinois

Unlocking Opportunity Zone deals in Illinois

| Richard Sarkis

Opportunity Zones have become a major talking point in the commercial real estate industry ever since Congress passed the 2017 Tax Cuts and Jobs Act. Created to encourage long-term investment and growth in low-income, distressed American communities, Opportunity Zones offer tax breaks on capital gains to investors and developers who make im…

CRE N Illinois

Ahead of the CRE Forecast, a look at Chicago in 2019

| Matt Baker

When the 850 or so expected industry professionals pour into the Hyatt Regency Chicago on Jan. 8 for the 17th annual Commercial Real Estate Forecast Conference, they’ll hear from dozens of experts about where the market is headed in 2019. We reached out to two of the speakers, Molly McShane and Drew Nieman, for a preview of what they feel t…

Industrial N Illinois

Industrial and logistics outlook for 2019

| Matt Baker

The country’s industrial and logistics (I&L) sector performed extremely well throughout 2018, impelled by strong market fundamentals, growth in consumer spending, business inventories and industrial production. According to CBRE’s 2019 U.S. Real Estate Market Outlook, investors, developers and users can expect more of the same in 2019.

Finance N Illinois

HFF secures $27.5M in financing for Glenview multi-housing community

Holliday Fenoglio Fowler, L.P. (HFF) has put together $27.5 million in financing for Valley Lo Tower II, a 112-unit, mid-rise multi-housing community in the northern Chicago suburb of Glenview, Illinois. HFF worked on behalf of The Marquette Companies and LEM Capital to secure the five-year, fixed-rate loan through Allstate Investments. Loa…

Multifamily N Illinois

Belgravia and LMC close on land for mixed-use Bucktown project

Chicago-based Belgravia Group, Ltd. and LMC, a wholly owned subsidiary of Miami-based Lennar Corporation, announced that they have closed on the 4.1-acre parcel of land known as Triangle Square. Belgravia will construct a new mixed-use project that will include 66 condominiums while LMC will develop a mixed-use project that will include 300…

Industrial N Illinois

Short supply to continue for Chicago's suburban industrial market

| Matt Baker

There are no signs of slowing down for industrial assets in Chicago’s suburban submarkets heading into 2019, with tenant activity driving considerable absorption and construction starts. And as demand outpaces supply, these users continue to find space shortages in many parts of Chicago, according to a new report from Brown Commercial Group…