More than 200 results for “spec”
CRE O Indiana

A slowdown brewing in Indianapolis? There are no signs

| Dan Rafter

There have been few signs of a slowdown in the Indianapolis commercial real estate market. In fact, sales, leases and new construction in this key Midwest city all remain strong. Why? To find out, Mdwest Real Estate News spoke to David Funke, managing director with the Indianapolis office of CBRE. Here’s what he had to say.

CRE W Minnesota

Minneapolis CRE market bringing in outside investors, plenty of activity

| Dan Rafter

Steady might be the best way to describe the commercial real estate industry in Minneapolis and St. Paul, with all the major commercial sectors showing at least some positive signs. But steady might not be the most appropriate description for two of the sectors here. The industrial and multifamily sectors? The word “booming” is more appropr…

Industrial N Illinois

Conor Commercial completes spec industrial development in Elgin

Conor Commercial Real Estate and partner, Globe Corporation, have completed Northwest Pointe III, a two-building industrial project with a combined 349,080 square feet of speculative space. The design-build team of McShane Construction Company and Ware Malcomb provided the comprehensive design and construction services for Northwest Pointe III.

Industrial N Illinois

Activity and demand hold steady at O’Hare

| Matt Baker

Through the third quarter of 2019, robust demand has continued to drive activity in Chicago’s overall industrial market. In the O’Hare area, the need for logistical, flex, as well as manufacturing space is keeping the submarket active.

Industrial P Kansas

NorthPoint starts work on largest spec industrial facility in Kansas

NorthPoint Development has broken ground on a new distribution center at Logistics Park Kansas City in Edgerton, Kansas. The property, Inland Port VII, will encompass 952,956 square feet of industrial space at the southeast corner of 185th and Waverly Road. Upon completion in April 2020, Inland VII will be the largest spec industrial buildi…

Industrial N Illinois

Duke Realty's Chicago team leases 860,296 SF in September

The Chicago office of Duke Realty Corporation signed five leases totaling 860,296 square feet in September in four of its properties. The transactions include two full-building leases of recently delivered spec buildings, a new lease and renewal that took another building to full occupancy and a new lease in another building.

Industrial N Illinois

Batavia spec industrial property leases up

Nick Eboli and James Planey, SIOR of Lee & Associates recently closed out leasing contracts for all 137,000 square feet of a new, spec industrial building at 1200-1270 Douglas Road in Batavia, Illinois. The building, built by Morgan / Harbour Construction for a local owner/developer, was completed in February 2018.

Net Lease N Illinois

The Fed gives net lease market a boost as cap rates shift down

| Matt Baker

Asking cap rates in the single-tenant, net lease investment sector descended for the second consecutive quarter. This phenomenon—which retail, industrial and office property types all experienced—was supported by a variety of economic factors including the Federal Reserve’s lowering of the interest rate.

Office N Illinois

The 'burbs are still an office draw

| Matt Baker

More than 150 people packed into the recently renovated atrium of President’s Plaza near O’Hare for the 4th annual State of the Suburban Office Conference, co-hosted by GlenStar. The dozen expert speakers on hand had much to say about the state of affairs for the office market outside the influence of downtown Chicago.