513-533 University Pkwy, University Park, IL – Strip Plaza
Serving as the exclusive agent for the Seller, we are pleased to announce the sale of a retail investment opportunity at an 11.43% cap rate. This shopping center, called "Limited Plaza", is located at 513-533 University Parkway in University Park, IL, and is fully occupied. It is anchored by a popular seafood restaurant, "J&J Fish," [...]
March 2025 Market Update
President Donald Trump, trade wars, and a potential ceasefire in the Russia-Ukraine conflict were key topics at MIPIM, the real estate conference in Cannes that drew 25,000 delegates last week. The real estate industry is eager to invest again after a few sluggish years caused by rising interest rates. Bisnow's Mark Faithfull reports that Savills [...]
February 2025 Market Update
Major cuts to the federal workforce are happening as Elon Musk and President Donald Trump seek to reduce headcount. Approximately 75,000 federal employees accepted a resignation offer, representing about 3.3% of the 2.3 million eligible workers. The real estate market is closely monitoring these cuts, which are part of broader reductions underway in federal real [...]
CRE Market in Trump’s First 100 Days
Donald Trump’s return to the White House is likely to change commercial real estate. This could begin today as he plans to sign several executive orders. One key program from his first term, Opportunity Zones, might expand and bring in billions for real estate investment. However, his plan for mass deportations could worsen labor shortages, [...]
October 2024 Market Update
Office vacancy in Manhattan has hit a three-year low, while Boston office leasing has reached a two-year high. LA office leasing has reached its highest level since Q1 2020. Additionally, the availability of Class A office space in Chicago has decreased for the first time since the pandemic. Even San Francisco, which has struggled the [...]
407 Guidici St, Jackson, MS – Warehouse Facility
Our firm, in conjunction with Bang Realty of Mississippi Inc and acting as the exclusive agent for the Seller, is proud to announce the sale of an industrial park located at 407 Guidici St, Jackson, Mississippi. The property consists of a 44,619-square-foot warehouse facility comprising 2 buildings situated on 3.26 acres. The buildings are divided [...]
Industrial Market Update – September 2024
In July, in-place industrial rents increased to $8.15 per SF, marking a 7.3% year-over-year rise, according to a report from CommercialEdge. This is good news for landlords dealing with a surge in supply. However, the overall industrial market is still below its record highs in 2022. The Inland Empire, Los Angeles, Miami, and New Jersey [...]
September 2024 Market Update
In August, the U.S. economy added 142,000 jobs, which was slightly below the expected 161,000 jobs. This suggests a slowdown in the labor market but could also lead to the Federal Reserve lowering interest rates later in the month. The unemployment rate dropped to 4.2% as the labor force expanded by 120,000, maintaining a 62.7% [...]
Guzel Lubinski Recognized as a Top Performing Broker
GUZEL LUBINSKI Recognized as a Top Performing Broker in Crexi’s Annual Platinum Broker Awards LOS ANGELES, CA, March 19, 2024 -- Crexi, the commercial real estate (CRE) industry's fastest-growing marketplace, data, and technology platform, today announced GUZEL LUBINSKI as a winner of its annual Platinum Broker Awards, an awards program recognizing the highest performing brokers [...]
3001 N York St, Martinsville, IL – Development Land
We are pleased to announce the sale of 7.6 acres of the prime development site, located mid-way between Indianapolis and St Louis on Interstate 70, in the city called Martinsville. After a few months of aggressive marketing campaign, the firm was able to secure above asking offer from a large private multi-state cannabis company with [...]
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