Articles About Industrial
- Author:
- James I. Clark III
- Posted:
- 06.15.2009
Local Banks Facing Significant CRE Losses
Toxic commercial real estate loans could create losses up to $100 billion for small and mid-size banks by the end of 2010 if the economy worsens. According to a Wall Street Journal report – which applied the same criteria used by the federal government in its stress tests of 19 big banks — these institutions […]
- Author:
- Tom Silva
- Posted:
- 05.21.2009
“The Giant Pool of Money”
$70 trillion dollars. That’s all the money in the world, or to get technical, the subset of global savings known as fixed-income securities. And it almost doubled from $36 trillion in just six years. How did this happen? The Federal Reserve presided over the creation of what we have learned (the hard way) is a […]
- Author:
- Pat Gallagher
- Posted:
- 04.22.2009
No Port in the Global Fiscal Storm
Shipping activity has plunged as much as one-third at U.S. ports most heavily invested in the once red-hot but now declining Asia trade. Freight rates from South China to Europe have slid as much as 42 percent from some ports since November, leading shipping industry authority Drewry Container Freight Rate Insight Report to speculate that […]
- Author:
- Matt Ward
- Posted:
- 04.14.2009
Chicago Pours a Tall One to Secure MillerCoors Deal
To sweeten the pot after luring brewing giant MillerCoors LLC to the Windy City, the City of Chicago has agreed to create a $6 million tax-increment financing deal for the firm’s new corporate headquarters at 250 South Wacker Drive. Even with a budget shortfall nudging $500 million, the City is kicking in significant funds to bring […]
- Author:
- Margaret Blum
- Posted:
- 04.07.2009
Cornerstone Packs a Powerful Economic Punch
Cornerstone’s impact on Grayslake and Lake County goes far beyond the jobs, residences, shopping and entertainment opportunities it creates. We specifically designed the project to create positive financial benefits for the schools that will serve the 650-acre mixed-use community. Cornerstone will benefit local school districts’ financial health at a time when the tax revenues that […]
- Author:
- Tom Silva
- Posted:
- 05.01.2008
Foreign Investors Like Luxury
You know what they say about polls. Still, a recent one is an interesting temperature reading for the new economy. Overseas investors in United States real estate prefer retail versus office or industrial space right now, according to an issue of Commercial Property News. This is just one conclusion in a survey that examined […]
- Author:
- Tom Silva
- Posted:
- 04.30.2008
Jacksonville Industrial Market Poised to Become the Nation’s 10th Largest
According to market research from Colliers Dickinson, Jacksonville’s industrial market is thriving, thanks to its first-rate transportation infrastructure — consisting of the JAXPORT deep-water port, an international airport, three railways, three interstates and several major highways. Industrial vacancy rates are the lowest they’ve been in five years, rents and property values are soaring. With the […]
- Author:
- Tom Silva
- Posted:
- 03.26.2008
The Other Fuel Price
The current debate about spiralling fuel prices uses the price of gasoline at the pump as the belwether of energy prices. In the real estate industry, the energy metric commonly raised is electricity. But another spike is more striking: Diesel fuel prices soared 26.75 cents, or 7 percent, to an average $4.0630 per gallon from […]