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Combined Commercial Realty
2413 W. Algonquin Road, Suite 416
Algonquin, Illinois 60102

(847) 361-7871
[email protected]

Category: The Real Estate Market

Mid 2018 Industrial Real Estate Market Update

June 18th, 2018 | Categories: Property Values · The Real Estate Market

Based on bi-monthly meetings and industry reports, we have found the general consensus for the 2018-19 industrial real estate  market is positive. New development in the Chicago 6 county market has been consistent at around 20,000,000 square feet annually over the past three years with normal attrition at around 12,000,000 square feet.  Rents, sales prices, construction cost and land entitlements are projected to increase at a 15% to 35% rate; depending on the product and location.  Basic reasons for these increases include: increased cost of material and labor and increased potential operational  improvement expenses.   Adaptations of facilities to accommodate increased concerns for  employee recruiting and retention along with last mile service are requiring many firms to increase their investments in their facilities to accommodate a rapidly changing market. 
E-Commerce is having a major impact on speculative industrial facilities.  Although varying in use, standard production and general warehouse designs are also changing.  Specifications for larger  industrial facilities are incorporating 40’ Clear and higher ceilings, major increases in power, larger parking and truck storage areas, upgrades in levelator dock hydraulics and screens, improved LED lighting, cool roofs (reflecting sunlight rather than absorbing it) solar panels, larger higher quality offices and more.  Designs are being revised for the future to add solar panel additions and for the adaptation of driverless cars and trucks. There is uncertainty as to how the automotive industry and drones will affect our industrial future!
Industrial real estate is becoming more sophisticated as many of our older facilities will only be useful for land value as they are razed.  Building design and expense is adapting to the U.S. future and companies are adapting to the importance of what has been a commodity but may be our most valuable asset.  Skilled Labor and Labor availability for training or retraining are the major factors being currently assessed for U.S. Corporate expansion and Development Speculation.  Small business plans should and will ultimately utilize these factors for their future and any potential expansion or consolidations. Many of these upgrades may not be necessary for small and mid-size firms but we believe Combined Commercial Realty can help with any future planning which should include a real estate exit strategy.

Lower Down Payments for Loans for Corporate Real Estate

June 1st, 2017 | Categories: Buying a Property · The Real Estate Market

CCR research indicates the Small Business Administration (SBA) is moving to provide improved support for companies to invest in real estate.  A program currently available, for companies with good history and financials, is structured to allow business to retain operating cash but also purchase real estate with a low-down payment of $10,000.  This program is available for purchases up to $5,000,000. 


Real Estate investment for business operations may also see improved cash flow provided by extended SBA 504 loan terms from 20 to 25 years in 2018.  These loans, unlike the program above, will continue to be available with minimum 10% down payment provisions.  The subject programs should give renters the opportunity to own, build equity, and secure long term plans.


Contact G. Pat Ryan at (847) 361-7871 or [email protected] for additional information and assistance in getting started.

Spring Market Review

March 14th, 2017 | Categories: The Real Estate Market

Smaller industrial property inventories (2,000-35,000 square feet) have been reduced over the last quarter of 2016 and continuing in 2017.  Although prevalent in the entire Chicago six county market, it has been noticeably recognized in the CCR specialty area in the Northwest suburbs.  Our current market intelligence from all industrial/commercial association brokers at our monthly meetings and ongoing in co-broker transactions has been consistent.  Vacancies have substantially reduced and prices are going back up.

Recognizing our position in the industrial/commercial real estate market, as a small firm, the CCR formula for success, as illustrated in our most recent transaction summary, has been to provide concentrated and non-conflicting service to our clients.  We are selectively soliciting new listings and search assignments and we are providing honest experienced guidance. We believe the most effective real estate service to provide the best financial client deal is “just in time” service.

It has always been important, but in this time of volatile market conditions, responsive and dedicated action is paramount to deal success. Deal killers like distractions from assignment overload, corporate misdirection and conflicting real estate brokerage affiliations are inherent in the industrial commercial business. CCR’s small firm model has allowed us to avoid these missteps and has provided continued competitive success.

Please feel free to contact us for any current industrial/commercial real estate information.