Industry Insights

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...

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...

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...

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...

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...

Conor is pleased to report the expansion of its industrial development operations into Savannah, Georgia. Savannah boasts the nation’s third largest container port and a diverse economy that shows no signs of slowing. Not only has the port’s cargo volume doubled to...

Much like last week, we continue to operate both of our construction businesses and our development business in a more stable environment. While we proceed to put current work in place, we are also focused on signing new work and maintaining a healthy backlog of...

The shift in tone that I’ve witnessed over the last week has turned from triaging the current crisis to thoughtful planning for the future. Curves are flattening, guidelines for when people can go back to work are being discussed, protective measures for “the new...

This past week saw the construction industry continue to move forward in most markets, while maintaining intense focus on health and safety measures. Some officials are reporting increased public scrutiny of jobsite safety, as construction is a highly visible...

In comparison to the last several chaotic weeks, this past week has been relatively stable. Work continues on about 95% of our active construction sites across the country. Most municipalities have clarified that construction is an essential business, and we continue...

The current environment continues to affect our businesses in rapidly evolving ways. Most municipalities have deemed construction an essential activity and, as such, the majority of our jobsites are pushing forward. However, in some parts of the country, it is unclear...

The current market conditions are impacting construction and development in different ways. The construction industry’s environment is inherently different from the office environment in that it is frequently open air, or individuals are widely dispersed indoors. This...

Written by: David Friedman, President In 2017, I participated in a well-known commercial real estate organization’s intimate gathering of industry leaders from around the nation. A central agenda topic was “How is Your Firm Preparing for the 2018 Real Estate...

Written by: John Dobrott, President - Industrial Industrial real estate led the commercial real estate industry out of the great recession and continues to show unprecedented demand and record setting growth. Investor demand has followed to transition industrial real...

Written by: Brian Quigley, Executive Vice President Challenging sites for commercial real estate development come in many forms. Conor Commercial has extensive experience with turning challenging sites into successful developments. Some site complexities Conor has...

Written by: Alexa Sachs, Senior Marketing Coordinator Urbanization is a driving force within society. It affects where we live, work, shop, and even where we choose to spend time on the weekends. Not only is this observed in the U.S., it also extends worldwide. A...

Written by: Sven Tustin, Vice President - Southwest Region E-commerce sales represented 8.3% of all U.S. retail sales during 2016, and with a year-over-year growth rate of 16%, its market share will continue to grow. To capture and better serve this industry,...

Written by: Alexa Sachs, Senior Marketing Coordinator Growth in online sales over the last decade has spurred a revolution in e-commerce led by companies like Amazon, an online retailer with virtually endless product choices, quick deliveries and highly rated customer...

Written by: Molly McShane, Chief Investment Officer Conor Commercial Real Estate has spent the last three decades pursuing perfect sites for build-to-suit development across the country. In a time of rising land costs, an increasingly competitive labor market, and...

Midwest Real Estate News asked Brian Quigley, executive vice president of Rosemont, Illinois-based Conor Commercial Real Estate, the big question: How is the growth of Amazon – which seems to open a new distribution center in the Midwest on a weekly basis these days —...

John Dobrott, President of the Industrial Division at Conor Commercial Real Estate, discusses Southern California’s Inland Empire region and the firm’s activity within the market. California’s Inland Empire is regarded as one of the most robust industrial real estate...

David Friedman, President of Conor Commercial Real Estate, discusses the changes in the development of contemporary industrial facilities. The term “Modern Industrial Facility” has recently gained frequent attention throughout commercial real estate. As industrial...

Chicago Industrial Properties Contributions By: Jim McShane, CEO The McShane Companies For this month's Industrial Insider, we spoke with three top developers, both locally and nationally, to discuss the resurgence of spec building construction in the Chicago area, as...