Author - ebizuniverse

A look at longer lease terms and what they mean

As the commercial real estate market continues to rebound from the recession, there are many positive signs that 2015 will be a strong year. An example is the movement toward longer lease terms. As businesses become more confident in their revenue streams and growth projections, they are more comfortable adding three to five years...

Brown Commercial Group completes four suburban transactions

Brown Commercial Group has closed four industrial transactions totaling nearly 11,000 square feet in West Chicago, Elgin and Bensenville. Two of the transactions involved selling bank owned properties in less than 30 days. Zahoransky USA, Inc., a full-line supplier of injection molding tools, automated solutions, final packaging machines, tufting and shearing machines for brushes and...

Brown Commercial Group completes 24K SF

195 Kehoe Blvd Brown Commercial Group, based in Elk Grove Village, IL, completed five lease transactions totaling 24,329 square feet in Carol Stream and Bloomingdale. Suburban Cash and Carry, Inc. leased 12,000 square feet at 470 Mission St. in Carol Stream, expanding from 2,600 square feet in a Lombard location. Mike Antonelli, Senior Associate at...

Coffee Break: Daniel Brown

Q: What’s new at your company? A: We’re continuing to see record growth in leasing and sale assignments and have recently been called upon to assist banks and bankruptcy trustees with property dispositions. We’re excited about plans to expand our own space and add new brokers to accommodate growth. We also have a new website...

Brown Commercial Group celebrates 10th year in business

Brown Commercial Group commemorates its 10th anniversary this year, reflecting on the company’s expansion throughout Chicago’s suburbs and significant increase in transaction volume. The company was formed by Daniel Brown in 2004, focusing on office and industrial leasing in the growing O’Hare market. During the past 10 years, including a span that included a challenging...

Pat Mooney Company buys two industrial flex buildings in Addison, IL

Pat Mooney Saw Company, a national importer and distributor of metal sawing machinery, accessories and saw blades, has acquired 16 and 34 W. Official Dr. in Addison, IL, two flex properties that combined total 26,554 square feet. Mike Antonelli, Senior Associate at Brown Commercial Group, Inc., represented the Pat Mooney Saw Company in both acquisitions,...

Brown Commercial Group Represents DVL Express in 15K SF Lease

Brown Commercial Group announced that DVL Express, Inc., a freight shipping and trucking company, is expanding to a second suburban location, leasing a 15,000-square-foot facility at 1351 Circle Avenue in Forest Park, IL. Trinity Scurto, Senior Associate with Brown Commercial Group, represented DVL Express in the transaction. Frank Christiano of Skydan Real Estate represented the...

Brown Commercial Group announces 12K SF of suburban transactions

Brown Commercial Group, based in Elk Grove Village, IL, has completed three suburban Chicago transactions totaling 12,065 square feet. Trinity Scurto, Senior Associate with Brown Commercial Group, represented Applied Communications in acquiring the 6,065 square foot, two-story office and warehouse building at 1015 Lunt Ave in Schaumburg, IL. The firm is expanding from a 3,781-square-foot...