More than 200 results for “spec”
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 O Indiana

Cautious strength: Indianapolis CRE market set for a strong 2019

| Dan Rafter

Janice Paine isn’t shy about expressing her love for Indianapolis. Paine, senior vice president of brokerage for Central Indiana with Bradley Company, said that this key Midwest city offers plenty to companies: a centralized location, skilled labor force, a pro-business government and low expenses.

CRE N Illinois

Construction starts slip in November

| Matt Baker

On the whole, commercial construction is ahead of the pace set at this time last year. But according to recent research by Dodge Data & Analytics, construction starts last month faltered significantly.

Industrial N Illinois

Venture One completes spec infill logistics facility in Elmhurst

Venture One Real Estate announced the completion of 845 Larch, an 81,212-square-foot speculative logistics facility located in Elmhurst, Illinois. Located in the heart of the Elmhurst Industrial park, the property offers immediate access to O’Hare Airport and the rest of the Chicago Market with the advantages of a DuPage County address.

CRE N Illinois

The forecast for investment sales: Partly cloudy

| Matt Baker

Throughout the year, commercial real estate investors have signaled cautious optimism and 2018 rewarded that outlook. Will the same hold true in 2019? As real estate investors seek out the prime opportunities to improve their yields, there are specific market, asset and financial concerns to take into account.

Industrial N Illinois

Panattoni developing 764,895 SF spec warehouse facility in Aurora

Colliers International | Chicago’s Brian Kling and Reed Adler represented Panattoni Development in the acquisition of a 53.45-acre site located on Orchard Gateway Boulevard in Aurora, Illinois, adjacent to Orchard Road and I-88. On the site, Panattoni will develop Orchard Gateway, a 764,895-square-foot, speculative, Class A warehouse distri…

Industrial N Illinois

Northern segment of Chicago MSA sees variegated industrial activity

| Matt Baker

For the second quarter in a row, leasing velocity increased in Chicago’s overall industrial market, totaling 10.1 million square feet during the third quarter of 2018. According to a Research & Forecast Report by Colliers International, the northern submarkets had varying changes to absorption and vacancy, though mostly improved.

Industrial N Illinois

As Chicago industrial expands, investors target familiar areas

| Matt Baker

The Chicago logistics industry remains on stable footing as steadily growing wages and accelerating household formation are driving demand for more e-commerce-driven warehouse space. And according to Marcus & Millichap’s second half 2018 industrial research market report, developers looking to expand Chicago’s 1 billion-plus square-foot inv…