More than 200 results for “spec”
Healthcare N Illinois

The trend in healthcare: smaller and more specialized

| Matt Baker

Healthcare is one of the strongest parts of the economy right now. According to the U.S. Bureau of Economic Analysis, it is the nation’s largest sector by number of employees, having just surpassed the retail trade. Lest one think that this is due to retail’s woes, healthcare has been on an unflinching increase for decades. The industry eve…

Industrial v Wisconsin

Meridian starts construction on SE Wisconsin spec building

Meridian Design Build recently started construction on a 307,850 SF speculative industrial facility for Land and Lakes Development in Mount Pleasant, WI. The 32-foot clear building offers 40 loading docks, four drive-in doors, 242 auto parking spaces and 94 trailer stalls. The facility is designed to accommodate up to six tenants.

Office N Illinois

Schaumburg Corporate Center undergoing $28 million redevelopment

In what is believed to be the largest redevelopment project ever undertaken in the northwest suburban office submarket, GlenStar Properties has embarked on a $28 million capital campaign at Schaumburg Corporate Center. The redevelopment will elevate the campus to Class A+ status by adding hospitality type amenities that integrate efficiency…

CRE N Illinois

State of the market from the Chicago Real Estate Forecast

For the past decade and a half, the Chicago State of the Market panel has been a cornerstone of REjournals’ annual Commercial Real Estate Forecast conference. The 2018 event was no different, with a faculty comprised of some of Chicago’s leading commercial real estate firms engaged in an in-depth look at the marketplace, including the trend…

CRE N Illinois

State of the market from the Chicago Real Estate Forecast

For the past decade and a half, the Chicago State of the Market panel has been a cornerstone of REjournals’ annual Commercial Real Estate Forecast conference. The 2018 event was no different, with a faculty comprised of some of Chicago’s leading commercial real estate firms engaged in an in-depth look at the marketplace, including the trend…

Industrial N Illinois

Fewer industrial projects started across Chicago in 2017

| Matt Baker

Chicago industrial construction starts have slowed down over the past year, according to a review by Colliers International. At the end of 2017, 8.9 million square feet of industrial space was under construction, the smallest amount in four years and only 41 percent of the 21.9 million square feet under construction at the end of 2016.

Industrial N Illinois

Amazon’s big spillover effect boosting industrial market

| Dan Rafter

Amazon continues to make a push in urban areas, building distribution facilities across the Midwest in the hopes of delivering their products ever faster to their customers. But not only is Amazon boosting the industrial markets across the country, it’s also creating an unusual spill-over effect.

Industrial N Illinois

New infrastructure to open O’Hare submarket

| Sara Freund

The O’Hare market is known for being tight and expensive, but NAI Hiffman’s Brian Colson said that he expects this to change in the coming year thanks to a new project by the Illinois Tollway. That project has the goal of making infrastructure more efficient, and could have a significant impact on the O’Hare submarket.

Industrial O Indiana

Spec industrial still on the rise in Indianapolis

| Dan Rafter

Indianapolis has the major positives that end users are looking for when they’re hunting for industrial real estate: The city is located in the heart of the country, an ideal spot for distribution. It is surrounded by highways and rail lines. The government in the state and city is pro-business. And there’s a large and highly-skilled workfo…