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COLDWELL BANKER COMMERCIAL NATIONAL REAL ESTATE OUTLOOK 2021

Apr 02, 2021

What Will Drive The Recovery of Commercial Real Estate Markets in 2021? 2020 has been an unprecedented year, with COVID-19 impacting nearly every industry across the country, including commercial real estate. Shutdowns due to the coronavirus pandemic caused a large portion of employees to work from home for much of the year. As the economy stalled, many businesses and property owners found themselves negotiating with both tenants and lenders on rent relief and loan modifications. While the pandemic accelerated trends that were already taking place in retail, it upended the strong momentum in the office and hospitality sectors, as well as urban markets. These trends will likely continue in 2021 and reshape what buyers, owners, tenants, and residents may ultimately want to occupy.

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ADAM SHULTZ EARNS 2020 COLDWELL BANKER COMMERCIAL 3 UNDER 30 AWARD

Mar 23, 2021

Janesville, WI (March 22, 2021) – Adam Shultz of Coldwell Banker Commercial McGuire Mears & Associates has been named as one of Coldwell Banker Commercial’s 3 Under 30 for 2020. Shultz was recognized as a young commercial real estate professional who is making strides in the industry by understanding the importance of building strong customer and community relationships.

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Gates Auto Delivers a Unique Car Buying Experience

Feb 23, 2021

Gates Auto needed to find a new facility where they could open one of the largest indoor car showrooms in the Midwest. Given that Wisconsin is a cold weather state for roughly half the year, the ability to bring the car buying process almost completely indoors is a game-changer, both protecting the vehicles and shielding the customers from frigid Wisconsin winters.

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From Nashville to Janesville

Jan 12, 2021

Rock Energy Systems, LLC a manufacturer of waste oil heaters founded and headquartered in Janesville, Wisconsin, purchased a competitor located in Nashville. With that acquisition came a new challenge—should they manage the new company as a satellite operation or should they consolidate both companies inside their current manufacturing and warehouse facility in Janesville? After an evaluation of existing floor space, Rock Energy opted for consolidation but realized that they would need more square footage and engaged Coldwell Banker Commercial McGuire Mears & Associates for assistance.

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305,000 SF Hufcor Facility Sells for $7.9 Million

Aug 25, 2020

Coldwell Banker Commercial McGuire Mears & Associates is pleased to have represented ownership in the sale of the 305,000 square foot industrial manufacturing building in Janesville, Wisconsin. Hufcor Inc, founded in 1900, designs and manufactures operable partitions worldwide. The Hufcor business was sold to a private equity firm in 2017, but then-current owner, the Borden Family Trust, retained the real estate.

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Accelerating & Pumping the Brakes: Report Signals Tale of Two Economies

Aug 21, 2020

The Rock County Development Alliance has released its Rock Ready Index for the second quarter. Notable highlights from the economic development dashboard include:

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Two Deals, One Stone

Aug 17, 2020

Increasing e-commerce and food distribution demand was stressing manufacturer Pratt Industries’ production capabilities. Pratt, the fifth largest corrugated packaging company in the United States, had outgrown its satellite distribution facility and needed to expand into at least 100,000 square feet. Finding that space close enough to the production facility was difficult; at the time, the vacancy rate for the Janesville/Beloit market was less than 5%. In addition, Pratt still had more than 12 months remaining on its warehouse lease.

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NEW REPORT PROVIDES INSIGHT INTO BELOIT ECONOMIC TRENDS AND DEVELOPMENT OPPORTUNITIES

Aug 13, 2020

FOR IMMEDIATE RELEASE

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SHULTZ JOINS COLDWELL BANKER COMMERCIAL MCGUIRE MEARS & ASSOCIATES

Aug 19, 2019

FOR IMMEDIATE RELEASE - Janesville, WI (August 19, 2019) – Adam Shultz has joined Coldwell Banker Commercial McGuire Mears & Associates as a commercial real estate sales associate. The office is located at 400 Midland Court, Suite 101, in Janesville.

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JANESVILLE PLAN COMMISSION APPROVES APARTMENT PROJECT

Jul 02, 2019

FOR IMMEDIATE RELEASE - By Ashley McCallum, Janesville Gazette The Janesville Plan Commission on Monday approved a plan to develop 260 apartment units just west of Interstate 90/39 off East Racine Street—but not without a lengthy discussion to clarify some details.

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