July 26, 2023 -- Strong industrial demand is here to stay and is driving commercial real estate growth, says Brown Commercial Group Broker Candace Scurto in a recent REJournals article. Scurto was asked to weigh in on the state of the industrial market at mid-year and why this sector continues to deliver strong returns. Here's...
July 2023 -- Mid-Year Market Overview Strong demand and a shortage of industrial space continues to shape the outlook for Chicago’s industrial sector, according to Brown Commercial Group's analysis of the market at mid-year. With freight traffic seeing double digit increases at the airport and development activity strong in DuPage County, there are many signs of continued...
Feb. 1, 2023 -- As noted in the Daily Herald and the IL Real Estate Journal, Brown Commercial Group Vice President of Sales Mason Hezner negotiated an O'Hare industrial sale and a lease in Schaumburg, totaling nearly 37,000 square feet. Hezner represented the seller, U.S. Wire & Cable Products LLC, in selling a 27,038-square-foot industrial building...
Aug. 17, 2022 -- Brown Commercial Group represented Accu-Labs, Inc. in buying a 32,000-square-foot building at 3433 W. 48th Place in Chicago. Broker Pat Crowley negotiated the transaction, along with two others. Accu-Labs is a worldwide supplier of specialty chemicals to the plating and metal finishing industries. With this new purchase, the company is more than doubling...
July 18, 2022 -- Brown Commercial Group negotiated 24,950 square feet of industrial transactions in Chicago’s O’Hare and far northwest suburban markets, including transactions involving multiple bidders and final sales that exceeded the asking price. Senior Broker Mason Hezner negotiated two transactions in the O’Hare submarket. He represented the buyer, Cloud 9 Limos Inc., and the seller, a...
