More than 200 results for “spec”
Industrial N Illinois

Which way to the capital?

| Matt Baker

Though it remains the hottest asset type, obtaining financing for an industrial venture still comes down to the basic fundamentals of each specific project, including location, the credit quality of tenants, building essentials and the ability to re-tenant a space.

Industrial N Illinois

CenterPoint's Joliet spec building leases up

CenterPoint Properties’ recently completed 751,622-square-foot speculative facility at 3900 Brandon Road in Joliet, IL is fully leased. Located in the CenterPoint Intermodal Center- Joliet/Elwood, this building is occupied by the world’s largest home improvement retailer and a global engineering, repair and logistics company.

Industrial N Illinois

Ridge acquires 10.5 acres near O'Hare for spec industrial project

Ridge, the industrial development arm of Transwestern Development Co., has acquired 10.5 acres immediately southeast of O’Hare International Airport for a 178,516-square-foot speculative industrial project. As one of the newest offerings in the O’Hare submarket, O’Hare Gateway Logistics Center will feature 32-foot clear height, low Cook Cou…

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…