Monthly Archives: February 2017

Midwest becoming a key player in e-commerce world

by Dan Rafter Industrial tenants working in the e-commerce space demand one thing above all else: supply chain efficiency. As Michael Marconi, managing broker with Transwestern’s industrial practice in Rosemont, Illinois, says, “E-commerce users want to be as close as … Continue reading

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Pillar’s Wilkins: Apartment, healthcare markets heating up in Detroit

by Dan Rafter Pent-up demand. That force is fueling the rising sales, leasing and construction activity in both the multifamily and healthcare sectors in Detroit and its surrounding communities, said David Wilkins, managing director of loan originations with Bloomfield Hills, … Continue reading

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How the tax code rewards you for helping others

by Valerie Grunduski and Laurice Szydlowski Plante Moran Philanthropic taxpayers donate to charitable causes for a variety of reasons, from helping out their local communities, to supporting research into curing certain diseases, to providing aid to groups of people facing … Continue reading

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More good news for multifamily brokers, developers: Number of renter-dominated cities keeps growing

by Dan Rafter Here is some good news for brokers and developers working in the multifamily business: In 21 U.S. cities with a population of 100,000 or more, more than 50 percent of the households are made up of renters, … Continue reading

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Good news, bad news: Industrial values are up … So are property taxes

By Brian Forde, Partner, O’Keefe Lyons & Hynes Since the start of the recovery from the 2008 recession, we have witnessed incredible growth in Chicago’s industrial market. Since 2013 alone, some of the market measurements that demonstrate that growth, according … Continue reading

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Want to spend less on commercial construction costs? Build now, not later

by Dan Rafter Ready to tackle a large-scale commercial construction project? Mortenson has some advice: Build now. That’s because Mortenson’s quarterly Construction Cost Index predicts that commercial construction costs will rise in six major markets across the country, including three … Continue reading

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E-commerce inspiring industrial leaders to take over space in urban areas

By Todd Heine Principal, Avison Young E-commerce continues to fuel many aspects of Chicago’s industrial market, which is seeing considerable activity heading into the second quarter of 2017. While e-commerce is often viewed from the perspective of Amazon.com and its … Continue reading

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