 Sports Bar/Restaurant
Huntley area - Fully operational business in leased retail center. Dining room seats 100; large bar area seats 47. Confidential sale. Asking $125,000.
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"Live-Work" in Trout Valley
Cary - Freestanding 5,683 SF 2+ story building zoned B-4. Live upstairs and have your office down. Wooded .57 acre site across from scenic horse paddocks. Needs work. Reduced to $299,000.
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4-Unit Investment
Crystal Lake - Rt. 14 & Pomeroy. 2 apartments up and 2 stores down. Basement. Small parking lot. Price reduced to $245,000. Click photo for specs
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Price Reduced!
Algonquin - Freestanding 1,228 SF office building on Algonquin Rd. 120' frontage. Good signage. B1 zoning. Reduced to $134,900!
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Transaction of The Month
Cary Industrial Cary- 8,250 SF industrial space in multi-tenant building. Five year lease with first year incentive at $4.80 psf gross.
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CRE Investor Sentiment Remains Upbeat
*shared from the Oakstone/LAX Morning Minute June 29, 2011
Lack of New Development, Rising Demand Cited As Main Reason for 'Cautious Optimism' Despite signs of slowing recovery that prompted Federal Reserve officials Wednesday to issue a guarded assessment of the U.S. economy's performance, most commercial real estate investors surveyed by PricewaterhouseCoopers LLP remain upbeat and optimistic that improving market conditions will lead to higher rents, property values and returns.
Weaker-than-expected job creation numbers and downward revisions in domestic growth in recent months suggest that the recovery in commercial property markets could be more protracted than expected. However, investors cited the lack of new supply, stronger corporate earnings, continued low interest rates and the sense that most fundamentals have stabilized or are improving as reasons for actively pursuing deals in nearly all property types, according to the second-quarter PwC Real Estate Investor Survey released Wednesday.
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Office Market Report: Biggest Quarterly Drop In Vacancy Since 2007
*shared from the Oakstone/LAX Morning Minute July 9, 2011
The US office market saw its largest quarterly decline in vacancy rates since 2007 for midyear 2011, data released from Cushman & Wakefield reveals. The numbers show that the average vacancy rate for US central business districts fell to 13.9%-down from 14.6 percentage points from the end of Q1 2011.
According to Maria Sicola, executive managing director and head of Americas Research at Cushman & Wakefield, the numbers are surprising, given that they reflect growth fairly early in the year. But they are also fairly predictable, since not much new construction has come on line and the downturn precipitated a flight to quality.
degree of uncertainty. Continue Reading |
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Suburban office vacancies dip, concessions sweeten
By: Eddie Baeb July 11, 2011 (Crain's) - The vacancy rate for suburban offices edged lower for the fourth straight quarter, providing a glimmer of hope for a market struggling with a slew of distressed properties and businesses looking for smaller spaces.
The overall vacancy rate in the suburbs dropped to 24.5% in the second quarter, from 24.8% in the first quarter, according to data from Jones Lang LaSalle Inc.
The direct vacancy rate - which excludes space that's leased but vacant and available for sublease - slipped to 21.1% from 21.3% in the first quarter.
The overall vacancy rate is now almost 1 percentage point lower than it was in second-quarter 2010, when it reached a decade-plus high of 25.4%.
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For those of you that have friends or family who have been struck with cancer, you may find this interesting:
Gerson Tapes shared by: Mike Adams, The Health Ranger at NaturalNews.com
Dear NaturalNews readers,
Have you heard about the Gerson Tapes? They're a collection of interviews and teachings from Charlotte Gerson, who runs the Gerson clinics that have successfully treated thousands of cancer patients with a therapy based on cleansing, detoxification and live foods nutrition. The treatment is so successful that, even today, thousands of patients from around the world flock to the Gerson clinics in Mexico (www.Gerson.org) to heal themselves of cancer, diabetes, heart disease and other chronic degenerative conditions. Why are the clinics in Mexico? Because, not surprisingly, U.S. authorities have outlawed all natural cancer treatments in America and even viciously attacked the top scientists who discovered scientifically-valid cancer cures that really work. Want some proof? Watch the shocking documentary "Burzynski" and you'll be stunned by what you learn. That documentary is available to be watched, full length, at no charge right now at NaturalNews.TV. Seriously, watch this video and you will be absolutely blown away by how the government has declared war on our country's best anti-cancer pioneers who could cure millions of people. Click here to watch it now Continue Reading Article |
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Premier Power Team
9225 S. IL Route 31 Lake in the Hills, IL 60156
847-854-2300 |
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Duke Long shared a link on LinkedIn July 10, 2011 naming the Top 77 Commercial Real Estate Blogs You Must Read!!! Sadly, we didn't make the cut! Click here to see who made the list!
Click here to check out Power Team's Blog
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We are happy to see Mattress Outlet take over the former Blockbuster store in Fox River Grove. The store opened July 15. Finally we have a mattress store in the Cary-Grove area! Please stop by and check out his newest store! He is also in Crystal Lake and McHenry.
We also welcome Don and Sue Bartholomae of Sealing Industries who have leased 8,250 SF of industrial space in a 5-year deal at 615-A Industrial Drive in Cary.
The Small Business Administration (SBA) is doing owner occupied re-financing loans with as little as 10% down. Call if you would like details.
Our power was out and internet and emails as well on July 11-12 so we apologize if you did not hear back from us. We are now back to normal and just hope we didn't lose any business!
Enjoy the articles we have assembled for you! If you haven't yet visited our new Power Team website, please log onto www.profit-success.net to check it out.
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1. A bank worker calls a colleague.
"Hey, how's it been going?"
"Not so bad."
"Oh, sorry, I've definitely called the wrong number."
2. In the face of the financial crisis, I have bravely stood up and am marching forward! That's because ... I can't pay back my loans and the bank has repossessed my car. 3. A Trader: "This is worse than a divorce. I've lost half my money and I still have a wife."
4. What's the capital of Iceland? About $20.
5. The problem with Investment Bank balance sheets is that on the left side nothing is right, and on the right side, nothing is left.
6. There are 30 billion prime numbers below 700 billion. The rest are all subprime.
7. How do you define optimism? A banker who irons 5 shirts on a Sunday.
8. What's the difference between Investment Bankers and Pigeons? The Pigeons are still capable of making deposits on new BMW's
9. A bank customer goes to their bank:
Bank Customer: Hi, I had this check returned to me. Could you help?
Teller: Sure let me see it. Ah, right here, it says "Insufficient Funds"
Bank Customer: "I know, I just wasn't sure if you were referring to me, or the bank."
10. An elderly lady receives an e-mail from the son of a deceased (but wealthy) African general, asking whether he could transfer millions of dollars into her bank account in return for a 20% cut. All the son needs is the sort code and account number. Not realizing she is the victim of a Nigerian 419 fraud, she e-mails back the details. A couple of minutes later she receives an e-mail back from the general's son: 'Citibank'! What is this, some sort of scam?"
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