Colliers International is the leading industrial real estate services firm in the Chicago metropolitan area. We specialize in all areas of office and industrial real estate including, site location studies, local and state economic incentives, site acquisition, build-to-suit, lease administration, and real estate leasing and sales. Our clients range from small privately held firms, to large Fortune 500 Corporations. As experts in commercial brokerage, we strive to provide strategic real estate solutions to support our client's long-term business goals.
With our knowledge of the Chicago commercial real estate and office markets, and in-depth understanding of how business decisions affect real estate needs, clients hire us when they need the expert industrial real estate services of more than simply a “transaction” broker. We will be appointed 18-24 months in advance of a transaction to assist in the needs analysis and strategic planning of a real estate project. In addition, we are constantly working with our clients on a strategic level ensuring optimal results.
We pride ourselves in being “the real estate brokerage that listens and delivers”. Our team is committed to guide you through every real estate decision and customize solutions that meet your specific goals. We encourage you to read some of the many transactions showcasing our commercial real estate competencies by viewing our Case Studies.
What’s Going On? In the immortal words of Marvin Gaye, everyone wants to know what’s going on with the economy. The truth is no one knows whether we are heading for a double dip recession or whether the economy will continue to grow sluggishly. How has this uncertainty affected the industrial real estate market in the Chicago Metropolitan Area (...
Prologis, the world’s largest landlord, still has many challenges ahead as detailed in the Wall Street Journal:
http://online.wsj.com/ar...
July 1, 2010
A new accounting standard is taking shape that could change the way tenants choose to lease space, with broad consequences for the commercial real estate market. Click on the link below for the NY Times article.
http://www.nytimes.com/2010/06/23/realestate/commercial/23fasb...
April 19, 2010
Interesting article about how to motivate employees in Fortune Magazine
http://money.cnn.com/2010/04/05/news/economy/job_motivate.fortune/inde...
April 19, 2010
Chicago Metro
The Market Continues to Decline for Owners of Industrial Real Estate
The vacancy rate for industrial properties in the Chicago Metropolitan Area increased from 12.15% to 12.25% between January 1, 2010 and March 31, ...
March 16, 2010
Fred and I attended a National Association of Industrial and Office Parks (NAIOP) meeting this morning. Presenting were the CEO's of Duke Realty, CenterPoint Properties and First Industrial Realty Trust. In total, these firms own about 200 million SF of industrial properties.
The highlights of this meeting are as follows:
The industrial real estate investment trusts (REITs) have solved their debt and liquidity issues
New capital is getting ready to move back into real estate
Industrial leasing across the country still remains sluggish but..
Real estate owners are thinking about avoiding value destruction (which means avoiding long term low, low, low net rent deals).
As we said in our last posting, change is coming soon. Landlords will start to become more stingy with rent concessions.
You should feel some urgency in pursuing lease extension in exchange for current rent relief.Please call us for a free review of your situat...
Jack Rosenberg and Fred Regnery of Colliers did an excellent job on my behalf... These cost savings will have a real effect on our bottom line and will allow our company to flourish in our existing facility.”
