FOR SALE
RT. 14 INDUSTRIAL
10200 Rt. 14, Woodstock 
3 industrial buildings totalling 28,800 SF on 5+ acres, with 4-lane Rt. 14 exposure. $1,250,000.
Email Bruce Kaplan
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FOR SALE
Rt. 47 FREESTANDING INDUSTRIAL
641 Judd St., Woodstock
5,300 SF freestanding masonry industrial building. Ideal for vehicle or general storage or contractor. Only $169,000 ($31.88 psf).
Email Mike Williamson
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FOR SALE
FREESTANDING OFFICE ON RT. 22
156 E. Main St.,
Lake Zurich
1,440 SF 1-1/2 story B-1 zoned office with private paved 13-car lot, hardwood floors. Nicely finished. Just listed. $279,000.
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FOR SALE
OUTDOOR STORAGE WITH BUILDINGS
6813 Sands Rd., Crystal Lake
37,559 SF with 3 metal bildings on 5+ acres. Triple basin drains, 28 DIDs. I-1 zoning. $1,200,000.
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FOR SALE
MULTI-UNIT
INDUSTRIAL
2402 Hiller Ridge, Johnsburg
8,125 SF steel industrial building with 5 DIDs. Units metered separately. $499,000.
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PCR IS ALWAYS LOOKING FOR GREAT AGENTS!
If you're interested in joining our long-established commercial real estate firm and working with other successful agents and an excellent support staff, we'd like to talk to you! We're known for our team spirit and camaraderie among our agents, and we're looking for motivated individuals who will fit into our team. Call Bruce Bossow at 847-854-2300, ext. 12, for a confidential chat.
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From Bruce Bossow
Successful relationships are often the key to success in business, and life in general. You'd feel more comfortable seeing a dentist, doctor, banker or financial professional with whom you have an established relationship, or who a trusted friend has recommended, wouldn't you? In the same vein, you can develop a relationship with a commercial Real Estate specialist, whether you are selling, purchasing or leasing, just starting to think along those directions, or just have a question or problem. Our knowledgeable, friendly brokers are happy to begin creating that relationship - give us a call!
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SOLD
1188 Heather Dr.,
Lake Zurich
3,365 SF industrial condo for showroom or office.
Sold for $235,000 by
Joe Heffernan
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SOLD
5306-08 Elm St., McHenry
2 commercial condos, total 7,876 SF.
Sold for $225,000 by
Bruce Kaplan
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LEASE W/OPTION
1625 W. Lakeshore, Woodstock
187,000 SF, 27 acres. Former Precision Quincy building.
Leased by Bruce Kaplan and Joe Billitteri
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VIDEO: VACANCY RATES AND INVESTMENT TRENDS
CNBC featured Marcus & Millichap's Hessam Nadji for insight on drivers of commercial real estate demand, and vacancy rates and investment trends across property types. The segment also features a 2015 outlook including impact of higher interest rates on commercial property values and investment trends.
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SIX TRENDS IN COMMERCIAL REAL ESTATE TO WATCH FOR IN 2015
Peter Burley and David Lynn
While many variables will determine the course of US commercial real estate, here are six potential trends for 2015 based on the current outlook:
- Increased allocations and capital flows. With most institutions - not to mention high-net-worth investors - still being underallocated to real estate, combined with the strong four and five-year performance of both NCREIF and NAREIT, we can expect more investment capital coming into commercial real estate.
Continue reading
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COMMERCIAL REAL ESTATE BOOM CONTINUES
seekingalpha.com
US housing starts have almost doubled in the last five years, and according to Case Shiller, housing prices have recovered a bit more than half of their recession-era losses. But the recovery of the residential real estate market pales in comparison to the boom in commercial real estate, where prices have recovered substantially all their recession-era losses and are rising at double-digit rates.
The chart above shows two measures of commercial real estate values as calculated by the folks at CoStar Group. Their value-weighted measure of commercial property price indices has risen at a 10% annualized high.
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Randolph Taylor, Coldwell Banker
Obtaining new tenants can be a costly affair for landlords. If tenants are dissatisfied, given today's market, they can easily seek new space. It is always the preferred option to retain good tenants - those who pay their rent on time and cause little or no problems.
We offer these tips to assist in retaining tenants:
1. Meet your Tenant
Even though the property was bought as an investment, you are still in the people business and going out of your way to meet up with lessees can lead to longer, more meaningful dealings between yourself and your tenant. Also, understand their business and business model. They may have unique requirements.
Continue reading
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