Tag - industrial space

Finding Industrial Space in a Tight Market

February 28, 2023 -- Brown Commercial Group Partner Mike Antonelli looks at what’s top of mind for industrial clients today, including the challenges of finding industrial space in a tight market. Here are three top concerns for the commercial real estate industry. Challenges finding product. There are still companies that want to buy, but the...

Brown’s Real Estate Transactions, Promotions

February 7, 2023 -- Brown Commercial Group continues to make the news for its industrial and office real estate transactions as well as the accomplishments of its team. Bisnow featured two recent announcements in its Chicago Deal Sheets, which details the ins and outs of Chicago commercial real estate transactions and trends. The stories featured...

O’Hare Industrial Sale Closes

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...

Maria McNeil Reps Industrial Tenants in Western Suburbs

December Recap: Chicago's West Suburban Market Kane and DuPage counties continue to see strong industrial activity and super low vacancy rates, creating a challenging environment for companies looking for space. Here's a recap of recent transactions by Maria McNeil, who specializes in the Kane County submarket. She represented industrial tenants and office investors in evaluating their...

Chicago Suburban Industrial Market: I-55 Corridor

December 2022 -- The I-55 suburban industrial market continues to draw growing businesses that are seeking access to Chicago's industrial market and transportation routes that provide connection to surrounding Midwest and National markets. Here's a look at a recent industrial transaction that shows the market dynamics and the importance of having a strategic real estate...

Brown Commercial Group negotiates 63,800-SF industrial space expansion

July 5, 2022 -- With a 63,800-square-foot industrial lease in suburban Chicago, Brown Commercial Group negotiated the sixth industrial space expansion for Elgin Recycling, a fast-growing, environmentally-focused company based in Chicago’s suburban market. Brown Commercial Group President Dan Brown has been a strategic real estate advisor for Elgin Recycling for more than 20 years, working to identify and...

Brown Commercial Group negotiates 49,050 SF of industrial transactions

Dec. 9, 2021 -- Brown Commercial Group negotiated five industrial transactions totaling 49,050 square feet in Chicago’s suburbs market. Broker Maria McNeil negotiated all five transactions, including representing Robart Manufacturing in buying an 18,500-square-foot warehouse at 155-179 Oswalt Ave. in Batavia. The company was leasing space in St. Charles, IL and looked for a Batavia location...

Brown Commercial Group negotiates 30,039-SF of industrial transactions

October 26, 2021 -- Brown Commercial Group negotiated five industrial transactions totaling 30,039 square feet in Chicago’s west and northwest industrial submarkets. Brown Commercial Group Broker Matt Hanson represented Pope’s Moving in more than doubling its space with a 12,367 square-foot lease at 915 Central Ave. in Wood Dale, IL. The business was expanding from an...

Industrial Construction Completed in Bartlett, IL

JULY 2, 2021 Construction is completed on a modern, multi-tenant industrial warehouse/distribution facility with truck and trailer parking at 365-399 Miles Parkway in Bartlett, IL. Brown Commercial Group President Dan Brown represented Kevin Karynek Real Estate in the site evaluation and land acquisition that led to the development. The 36,129-square-foot building was constructed on an 18-acre land site...