Small Industrials See Big Improvement

By Published On: November 11, 2015Categories: Commercial Real Estate News, TJ Client NewsComments Off on Small Industrials See Big Improvement

As capital continues to flow into industrial real estate — 2015 sales in the Chicago market are projected to be at their highest level since 2007, according to Taylor Johnson client Transwestern — a growing number of investors are turning to older Class B properties as they seek out higher returns. Transwestern recently brokered the sale of a six-building industrial portfolio in Chicago’s suburbs that it was retained to lease and manage back in late 2012. After making physical improvements to the buildings, which suffered from deferred maintenance during the recession, Transwestern was able to boost occupancy from 74 percent to 92 percent, attracting a wide range of interested buyers. You can read more about the turnaround in this GlobeSt.com story.

11.11.15

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