Chicago Industrial Brokers specialize in all areas of
commercial industrial real estate. We assist corporations develop and execute real estate strategies that support their long-term business goals by providing professional brokers to handle every stage of the transaction. In response to changing client expectations and market conditions, we utilize the expertise of our industrial and capital market brokers, top-flight financial analysts, project management team and strong team of lease administration professionals. With over 70 offices, we accommodate a management practice of over 50 million square feet.
The Chicago Industrial Brokers team is connected by purpose, and our focus is to develop and execute real estate strategies for corporations that support their long-term business goals. Our combination of expertise and market dominance makes us uniquely successful in helping our clients achieve their commercial real estate goals. Our services are coordinated around the globe on behalf of a Colliers single point of contact that becomes each client’s trusted advisor and steadfast advocate.
Our clients receive extraordinary results with our process-driven strategic and lateral thinking. Each industrial real estate assignment is handled thoroughly, professionally, and expertly as Colliers International provides hands-on assistance throughout the entire project. Our commercial property agents remain on the cutting edge guaranteeing our clients the most sophisticated and up-to-date commercial industrial real estate services available.
- New Facility Purchase or Lease
- Lease Renewal and Extensions
- Property Dispositions: Sales and Leasing
- Multi-Market Transaction Management
- Lease Administration
- Site Selection and Acquisition
- Labor and Cost of Business Modeling
- Local and State Incentives Negotiation
- Industrial Build to Suits
- Construction Project Management
Colliers International Transaction Approach
By combining local market knowledge with a process-driven approach, we guaranty that our clients will get the best transaction result possible. Depending on market conditions, we can reduce a company's occupancy costs by 20%.
Colliers transaction process starts with a fundamental understanding of the business decisions driving the real estate changes. From lease administration and corporate reporting, to site selection and supply chain modeling, to incentives negotiation and project management, we manage the transaction process from start to move-in day.
In many cases, transactions start from our strategic review of lease administration data. We can identify value opportunities from a comprehensive review of a company’s fee simple and leasehold interests.
|
Property Disposition
- Establish goals relating to the timing and economics of the property disposition project
- Analyze and understand the strengths and weaknesses of the property
- Make recommendations regarding the preparing the property for lease or sale, including what due diligence items Ownership should complete at the start of the project
- Evaluate the competitive marketplace to establish the value for the property
- Determine the ideal user for the facility and design a marketing program to reach that user.
- Prepare marketing materials to support the marketing campaign
Execute the marketing campaign.
- Conduct tours of the facility for potential buyers/tenants
- Receive written offers or requests for proposals
- Analyze written offers and recommend responses
- Negotiate the transactions
- Assist in due diligence and closing
|
Property Acquisition
- Determine property requirement using a program analysis
- Determine the location for the new facility
- Determine the physical requirements and prepare a request for proposal (RFP)
- Prepare lists of available properties to tour
- Review comparable transaction data to determine market rates
- Identify multiple properties that satisfy the requirement
- Send RFP’s to multiple properties and conduct a competition to determine the best deal for our client
- Assist in negotiating the lease document
- Introduce project manager to coordinate construction and assist with the move
|
Sale-Leaseback/ Investment Sale
- Discuss costs and benefits of an investment/ sale-leaseback sale
- Establish goals relating to the timing and economics of the property disposition project
- Analyze and understand the strengths and weaknesses of the property
- Make recommendations regarding the preparing the property for lease or sale, including what due diligence items Ownership should complete at the start of the project
- Select the target market for the investment sale including entrepreneurial, institutional and 1031 trade buyers.
Prepare the offering book and circulate to the customers.
- Conduct property tours.
- Set offer deadline.
- Review offers and select finalists.
- Call for best and final numbers.
- Assist in negotiating the contract, due diligence and closing.
|
"Clients hire us when they need the services of more than just a real estate broker. We help corporations develop and execute real estate strategies that support their long-term business goals."