More than 200 results for “spec”
Finance Midwest

Associated Bank's Warsek: CRE strong, but evolving, in 2019

| Dan Rafter

Commercial lenders can tell when the commercial real estate market is hot and when it’s heading for a slowdown. And 2019? Greg Warsek, senior vice president and senior regional manager in the Chicago office of Associated Bank, told Midwest Real Estate News that this year should be another strong one when it comes to financing requests and c…

Industrial P Kansas

Pair of tenants move into Opus spec building near Kansas City

Gateway Classic Cars and Lanter Delivery Systems, Inc. are the first tenants in Opus Development Group’s recently completed speculative warehouse and distribution building at 56 Commerce Center in Olathe, Kansas. Gateway Classic Cars and Lanter moved into 56 Commerce Center earlier this year and now occupy more than 85,000 square feet in th…

Industrial N Illinois

New spec industrial building planned for I-88 Corridor

The Pizzuti Companies and their partner, Molto Properties, have announced plans for a new 274,000-square-foot speculative industrial building in Aurora, Illinois. Located on Mitchell Road in the highly active I-88 submarket of Chicago, the project has excellent interstate access and highway visibility.

Industrial N Illinois

Capital availability may be drying up for select industrial products

| Matt Baker

Industrial has been so sturdy for so long that it’s hard to remember a time when the asset class wasn’t the darling of commercial real estate. While e-commerce growth is expected to continue—and with it, the warehouses and logistics facilities that bridge the flow of goods from suppliers to consumers—there are a number of question marks at …

Industrial N Illinois

Industrial projections and prognostications

| Elise A. Couston, SIOR

To kick off the New Year, we thought it would be interesting to hear some “projections and prognostications” from several of the top developers who are most active in the marketplace. Here is what they all had to say about their thoughts for CRE in 2019.

Industrial N Illinois

No end in sight for speculative industrial

| Matt Baker

From this time last year until now, unemployment in Chicago is down and the number of construction jobs are up. The market downturn that many fear hasn’t yet reared its head. All of which means the historic run of speculative development in Chicago continues apace.

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.