Category: Industry Insights
How Industrial Can Be a Good Neighbor
Written by Brian Quigley, Executive Vice President Bringing industrial properties to residential communities can be a controversial topic. People hear “industrial” and instantly think of smokestacks blocking the sky and semi-trucks rumbling through their neighborhoods. What they don’t understand is that communities benefit from industrial properties just as much as these facilities benefit from the […]
Importance of Relationships in Today’s Economy
Written by Vicki Mutchler, Vice President of Capital Transactions A phrase we know well as real estate professionals is, “real estate is a cyclical industry.” The funny thing is that real estate professionals (most of whom are natural optimists) hope that this phrase isn’t accurate when markets are continuously flourishing, as has been the case […]
Challenges and Successes at Brewster Creek
Recently, we completed Brewster Creek Commerce Center, a 436,500-square-foot spec industrial facility in Bartlett, Illinois. While the development process went relatively smoothly, no project is without challenges. Due to the timing and sequence of construction, the earthwork, foundations and precast were constructed during the winter months, and the snow and cold temperatures presented a challenge […]
Challenges and Successes at Lotus Project Phase II
Following the successful development of the first phase of Lotus Project, a four-building, 474,000-square-foot industrial park in Chandler, Arizona, we embarked on the development of Phase II. The second phase of the development incorporates three additional industrial buildings totaling nearly 300,000 square feet on a 21-acre site. There are several aspects that make Lotus Project […]
Anticipating Needs in Speculative Developments
Planning and designing a successful speculative industrial development is no easy task. In the constantly changing business of logistics and e-commerce, the most efficient design for an industrial building is ever evolving. Because of this, it is important to consider what location, building configuration, site plan and features will appeal to users. One of our […]