NEWS & BLOGS

Former GM Site Now Being Marketed for Auction

Sep 14, 2021 News

Coldwell Banker Commercial McGuire Mears & Associates' team of Bill Mears and Adam Shultz are excited to bring this unique development opportunity to auction.

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The Key Retail Segments for Brick-and-Mortar Growth

Aug 24, 2021 News

What type of retailer is driving brick and mortar growth? Learn more about the drivers from Coldwell Banker Commercial McGuire Mears & Associates' Senior Associate and retail specialist Mandy Witt. She looks at our market and shares national observations by Coldwell Banker Commercial's Managing Director, Dan Spiegel.

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Developer Plans New Apartment Complex at Downtown Janesville's Former Town & Country

Aug 20, 2021 News

A riverside property in downtown Janesville could go from languishing to linchpin. At the moment, it’s a vacant, grassy lot on South River Street across from the redeveloped riverfront in downtown Janesville. But by next year, a developer could transform the parcel into a 100-unit apartment complex with commercial space on the ground floor.

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Janesville Perkins Restaurant Razed, New Eatery to be Developed on Site

Aug 11, 2021 News

The demolition of the Janesville Perkins restaurant opens up space for new fast casual dining on Milton Ave.

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Local Trucking Company Set for Gateway Business Park

Jul 26, 2021 News

BELOIT—A locally-based family business is poised to start construction on a site in the Gateway Business Park as the move will be the catalyst for employee and operations growth. Matthews Family Trucking LLC, owned by Byron Matthews, bought just over 8.1 acres of land at 3400 Venture Drive and 905 Tubbs Drive in the Gateway area to accommodate the rapid growth of the company that started in June of 2020.

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National CRE Sentiment Report Aligns with Local Market Metrics

Jul 22, 2021 News

Coldwell Banker Commercial McGuire Mears & Associates managing broker William Mears, CCIM, SIOR gives his thoughts gauging the performance of the commercial real estate market during Q2 2021.

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Investment Group Purchases Single-Tenant Net-Leased Building

Jun 23, 2021 News

Coldwell Banker Commercial McGuire Mears & Associates represented both sides in the 6.52% cap rate transaction transferring ownership of the building located at 2747 Milwaukee Rd in Beloit.

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Gov. Evers Announces WisDOT Grant for Railway Expansion at Milton Chocolate Factory

Jun 15, 2021 News

A Milton chocolate factory will get its ingredients delivered by rail thanks to a grant from the Wisconsin Department of Transportation. Gov. Tony Evers announced the grant Monday saying it will let the city of Milton to extend a Wisconsin Southern/WATCO rail line to the Clasen Quality Chocolate factory. The Transportation Economic Assistance grant will cover roughly 25% of the $1 million project.

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GOEX to Grow Rail Spur as Plastics Market Sees Continued Surge

Jun 09, 2021 News

Local plastics manufacturer GOEX has been riding a wave of increased demand that company officials say has them needing more capacity for more train cars of production materials at once.

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South Central Wisconsin's Economic Engine Continues to Set the Pace

Jun 02, 2021 News

What a difference a decade makes. While some may characterize the evolution of the development and investment climate of the Janesville- Beloit, Wisconsin metropolitan statistical area (MSA) with a population of 160,120 as an extreme makeover, others will note the area has been south central Wisconsin’s best kept secret. Case in point: the numbers speak for themselves, and local real estate and economic development officials are bullish on this location’s growth trajectory. For starters, the area’s logistical friendly environment, its value-add real estate and workforce assets and its seasoned development team provide the right ingredients to facilitate development opportunities.

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