Trasportation & Logistics

Driver Shortage Continues

By: William Yorath, Supply Chain Solutions Group A deeper look into the 3PL industry highlights one key issue, driver shortage. Before the novel coronavirus began to dominate the headlines, American Trucking Associations maintained that the industry was short an estimated 60,000 drivers as a result of retirements and the sometimes slow pace of getting new men and women into the industry. While those factors remain true, what has changed in short order is the economic environment the industry currently confronts. As [...]

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CRE Tech

Beyond the Speculation

By: Marat Safir As we approach the 60-day mark since this health crisis evolved in the U.S., there have been almost instantaneous impacts heard around the country from all real estate sectors. Retail sales are down 16.4% last month (The Real Deal); office buildings within CBD’s are virtually desolate; industrial is holding onto a positive outlook, however, some indicators are showing an inevitable decline, (MBA) an estimate 3.8 million homeowners are in forbearance plans and occupancy levels in the hospitality [...]

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34,000 SF Warehouse Sublease

Click here to see the full brochure Sublease Notes: Building Size:188,700 SF Total Available: 34,000 SF Office Size: 2,149 SF Ceiling Height: 28’ Sprinkler: ESFR 8 Exterior Docks, 1 DID Available through May 2022 Automatic LED lighting in warehouse Meridian Business parking   Contact: Andris Lizenbergs – andris@taurusmodal.com Marat Safir – marat@taurusmodal.com

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Fulton Market Developments

There is so much development going on in the Fulton Market! That’s why we assembled this snapshot where you will find an overview of the submarket as well our office team’s favorite upcoming projects! Have a question about any of these locations? Call or email us today and speak to one of our experienced office brokers! Prepared by Morgan Mellske at TMG Real Estate Advisors

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Freezeer / Cooler / Dry Sublease

Click here to see the full brochure Sublease Specifications: Available Space: 120,000 SF Office: 6,825 SF (Furniture Available) Freezer: 14,500 SF (Ammonia) (-10 °F -5 °F) Cooler Space: 15,293 SF (Freon) (32 °F – 50 °F) Chilled Loading: 18,382 SF Dry Storage: 65,000 SF Clear Height: 28’ Loading: 22 Exterior Docks 19 refrigerated & 3 dry Existing racks available Pallet Counts: 1,500 Freezer, 1,400 Cooler, 1,850 Dry (Expandible) Trailer Parking: Secured 40 Trailer Yard +/- 1 mile  to Metra stop Lease Expiration: 9/30/2020 Lease Rate: $6.95/SF Gross

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180 North LaSalle Sublease

Click Here: 180 N LaSalle Sublease – TMG   Suite Details Available Space: 6,000 – 15,303 SF Floor: 27th Furniture: Yes (Plug & Play) Rent: Subject to offer Tax & Ops: 2018 base year Availability Date: Q4 2019 Lease Expiration: March 2023 Additional: Elevator ID Lake views Multiple conference rooms Shared space opportunity Flexible layout High-end finishes Open ceiling Building amenities: new fitness center, new conference center, bike room, and tenant lounge Parking available Close to “L” and Metra stop

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Industrial Report Q1 – 2019

Although Landlords are beginning to anticipate a slowdown in leasing activity rental rates remain high. Property taxes and operating expenses also continue to rise. 50% of the areas leasing is from eCommerce companies and “Last Mile” delivery is driving leasing of smaller industrial spaces. Click here to read TMG’s full Q1 2019 Industrial Property Update

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