Coldwell Banker Commercial Services Chicagoland

Coldwell Banker Commercial Services Chicagoland

Coldwell Banker Commercial® NRT is made up of nearly 80 professionals working in the Chicago Metro Area, which includes Southeast Wisconsin and Northwest Indiana. Our commitment is to determine our client’s commercial real estate objectives and help define solutions. We achieve leading-edge results because we provide local expertise coupled with the resources of a comprehensive national network.

Client Satisfaction
Drawing upon Coldwell Banker Commercial’s over 100 years of excellence in commercial real estate, our professionals offer experience, in-depth knowledge and superior customer service. Our dedication to service is exemplified by our client relationship, which includes providing market research, acquisition and disposition services, leasing, asset and property management, investment property, sales and corporate consulting. Committed to client satisfaction, our professionals ensure that all details are planned and managed in a proficient and timely manner.

Market Knowledge
By understanding current market conditions and anticipating trends, we successfully achieve your relocation, expansion, consolidation and innovative space requirements. With access to up-to-date technological tools including contact management software, tenant and owner databases, online communication systems and social media, we not only provide you with current information, but can also list and service your property on a worldwide network. We effectively represent your property as an informed professional.

Unparalleled Services
A full-service commercial organization, our professionals stand ready to help clients discover untapped commercial real estate market opportunities and to deliver a range of services designed to add value to their businesses.

The Coldwell Banker Commercial organization is committed to providing exceptional commercial real estate services across all commercial property types and service lines. We provide guidance in every aspect of the commercial real estate transaction:

SERVICES: Acquisition and Disposition Services • Capital Services & Investment Analysis • Construction Management • Corporate Services • Distressed Assets • Landlord Representation • Market Research & Analysis • Property and Facilities Management • Relocation Services • Startups & Small Business • Tenant Representation

PROPERTY LINES: Office • Industrial • Retail • Multi-Family • Land • Hospitality • Medical

Today, the company has an extensive inventory of property listings and a track record of success. This success has been built on long-term relationships with tenants, brokers, lenders and investors with an understanding of the importance of an impeccable reputation.

CBC® Chicagoland Professionals completed over 800 sale and
lease transactions in the last two years, totaling $450 Million


Contact Us Today to see how Coldwell Banker Commercial can service your Commercial Real Estate Sales, Leasing and Investment needs.

 

Office Trends Q4 2013

REIS Reports: Q4 2013 Office Trends, Office properties continued to recover, and the retail market showed its first signs of improvement.

 

CREConsult 1

Coldwell Banker Commercial® (CBC®) professionals specialize in office properties and can develop customized real estate solutions for landlords and tenants of office properties. CBC professionals clearly understand today’s corporate business climate and work to eliminate excess, trim expenses and drive value to your bottom line. Whether you need to lease or sublease office space or buy or sell an office building, the CBC organization can develop a customized solution that meets your real estate needs. With access to colleagues in over 250 CBC companies across the globe, and completing over 10,000 office transactions in the past two years, CBC professionals can expertly provide innovative solutions to multi-market requirements.

CBC professionals come to their clients as trusted advisers with innovative and profitable ideas and solutions. Every CBC professional is client-focused and results-driven.

CBC professionals can assist you with any of these services:

  • Tenant Representation
  • Acquisition
  • Disposition
  • Capital Services
  • Investment Analysis
  • Property & Facilities Management
  • Relocation Services
  • Transaction Management
  • Lease/Own Analysis
  • Leasing Services
  • Lease Analysis
  • Lease Administration
  • Build to Suit
  • Strategic Real Estate Planning
  • Consulting
  • Appraisal and other Valuation Services
  • Market Surveys and Analysis

All office accounts are handled through a single point of contact and use web-based project management and lease administration technology that allows you to access your projects anytime, 24 hours a day, seven days a week.

Contact Us:

naperville-il

CNN Ranks Naperville in Top 100 Best Places to Live

WINNER

Top 100 rank: 54
Population: 152,600

In its list of America’s best small cities, CNN Money ranks Naperville at No. 54

Community is king in Naperville, which adds a local 1% tax on food and beverages to fund events and heritage celebrations. Come summer, residents converge on Centennial Beach, a huge quarry purchased by the city during its 1931 centennial celebration, or stroll along the 1.75 miles of brick paths on the DuPage Riverwalk in the heart of town. Top schools and lots of jobs at firms like OfficeMax and Alcatel-Lucent round out this picture of near perfection — marred only by some congestion on nearby highways and a lengthy commute for those who work in downtown Chicago.

Source: CNN Money

US Sales

Big Banks Are Lending to Bigger Small Businesses

When JPMorgan Chase released its fourth quarter earnings for 2013, it announced that it had provided $19 billion of credit to U.S. small businesses. The figure sounds impressive, but it pales in comparison with the $589 billion of credit that it provided to big corporations.

This should not surprise anyone. The country’s biggest banks ($10 billion+ in assets) actually prefer to provide capital to “small businesses” that average $10 million in revenue or more. While, it is encouraging that the spigot has opened and big bank loan approval rates for small businesses reached 17.6 percent, according to the December 2013 Biz2Credit Small Business Lending Index, many of them are primarily interested in lending to large “small businesses.” (Yes, that is an oxymoron.)

For many of the big banks, small loans are paper intensive and thus cost more to process. This is a reason why they prefer to offer non-SBA loans, which typically require more forms and documentation and, as a result, take longer to process.

Small banks, which typically do not have the same type of brand recognition, cannot afford to be as choosy. Often, they are a secondary choice as consumers tend to go to the names they know first. Further, because of the amount of advertising that big banks have invested in advertising to promote their small business loan-making, entrepreneurs are going to the bigger players.

Unfortunately, although big bank lending approval rates are currently at post-recession highs, they do not approach the percentage of loan applications granted by small banks (almost 50 percent). Alternative lenders, comprised of microlenders, cash advance companies, are approving more than two-thirds of their requests.

Here Is How Things Can Change:

1) As they continue to be thwarted by big banks, borrowers will continue to comparison shop and seek alternatives to the big banks. Many will use the Internet to find the best deals. Small business owners will secure capital from community banks, alternative lenders, and increasingly, institutional investors that are hungry to make deals.

2) Big banks can improve and upgrade technology. It is still astounding that many of the biggest financial institutions in the country do not allow for online loan applications or eSignatures. What makes this so perplexing is the fact that the large, name brand banks have more vast resources to invest in upgrades.

One can look at the mercurial rise of alternative lenders as proof that when there is a void in the marketplace, the hole is quickly filled. Accounts receivable and cash advance lenders used their technological advantage and made capital more readily accessible. In many cases, speed is often more important to borrowers than low interest rates.

For instance, if you need working capital to make payroll, you cannot wait three months for an SBA loan. Employees want to be paid in a timely fashion and likely won’t wait around for a long period of time without payment.

A number of the large banks, such as TD Bank, Union Bank and others, are investing in upgrades and becoming more active in small business lending. Look for others to follow suit in 2014.

Source: Smallbiztrends Jan 26, 2014 by Rohit Arora

1717 Park St

Naperville office building sells for 5.7 million

A 114,016-square-foot office building in Naperville owner Omaha, Neb.-based Quarter Circle Capital LLC sold for more than $5.7 million. DuPage County records show the buyer of the property at 1717 Park St. was a venture of a Farida Tazudeen, a local real estate investor who could not be reached. The venture financed the Jan. 15 purchase with a $4 million loan from New York-based Garrison Realty Finance LLC, according to county records. It was the last remaining building owned by an approximately eight-year-old fund that also had included 1755 Park, which previously sold for $2.5 million to Riverwoods-based Podolsky Circle CORFAC International, Quarter Circle Principal John Martin said.  A Podolsky venture also agreed to buy 1717 Park, but Quarter Circle sued the venture in December, saying it failed to close on the deal. The lawsuit is still pending, Mr. Martin said.

Source: Chicago Real Estate Daily January 28th, 2014