Market Insights

Coldwell Banker Commercial McGuire Mears & Associates represented both sides in a two-part sale that turned a former supermarket into a new Kwik Trip on Janesville's east side.

The Rock County Development Alliance has released its Rock Ready Index for the third quarter. Coldwell Banker Commercial McGuire Mears & Associates' Managing Broker Bill Mears highlights notable points from the economic development dashboard.

Chicken sandwich chain Chick-fil-A has announced its location at 2627 Humes Road on Janesville’s east side opens Wednesday.

The city of Janesville is laying the groundwork for a potential $4.5 million industrial land expansion along its south-side business corridor.

It will likely take upward of a year of work, but the Janesville City Council’s 5-2 vote to move the proposed indoor sports and convention center at Uptown Janesville into its design phase is being viewed as the kick-start for a $25 million to $28 million proposal officials are calling “transformative.”

Economic development officials in Rock County agree: Supporting regional growth by fostering cooperation between municipalities, coupled with sound private commercial and residential development strategies, are central to the county’s growth into the future. Regional growth relies on many factors, from land availability to the area’s current labor pool and projects aimed at attracting new residents to the area, but Rock County Development Alliance Executive Director James Otterstein said the three main ones are access, affordability and amenities.

The Ho-Chunk Nation’s Beloit casino and resort project took a major step forward when Gov. Tony Evers ruled in favor of the project’s proposed site being declared trust land for the tribe.

The Children's Museum of Rock County board has told the owner of the former First National Bank building in downtown Janesville that the board considers the site at 100 W Milwaukee St its top choice to house a prospective children's museum.

Sievert and LKQ had asked the city for approval of an on-site expansion that will consolidate most of the salvage yard’s operations into one 125,000-square-foot building, which Sievert said will boost efficiency, allow more room to dismantle vehicles indoors, and create expanded space for quality control, warehousing and shipping of parts throughout the Midwest.

Channel 3000 / News 3 Now interview with Coldwell Banker Commercial McGuire Mears & Associates managing Broker Bill Mears and City of Janesville Economic Development Director Gale Price concerning the auction of the former GM property.