From the Desk of Bruce Bossow
Marketing Is Key
When it comes to selling or leasing commercial real estate, a broker's primary job is to expose the property to the market using multiple avenues and modern techniques. One key reason for our success is we prepare a customized marketing plan for each property we accept into the inventory. We use multiple specialized commercial real estate data bases, direct mail, signage, e-blasts and even this newsletter to expose our inventory to brokers and the general buying/leasing public. If your are contemplating bringing your property to market, let us show you the magic of our marketing approach.
Warmest Regards,
Bruce Bossow 
Featured Properties
2-Flat Investment
197 McHenry Avenue
Crystal Lake
1882 built frame 2-flat with one 4 bedroom, 1 bath and one 3 bedroom, 1 bath. Close to downtown, library and high school. Currently leased.

10 Unit Multi-Tenant 
541 Jennings Drive
Lake in the Hills
10 unit steel industrial building, fully leased with 8.3% CAP rate. Built in 1993. 14'-16' ceilings. 1.4 acre site. 1 unit available for lease.

Bed & Breakfast
305 Oregon Avenue
West Dundee
28 room, 10 bath, 12,480 SF Tudor style income property with 3 apartments, 4 long term stay units and 4 guest rooms. One block from downtown restaurants and shopping. Financials available with non-disclosure.

Mult-Tenant Investment 
735 Industrial Drive
14,750 SF 10 unit masonry and steel with 10 small offices and 2 warehouse units. Built in 1986 on 1.01 acres. 8.2% CAP rate.

Industrial Condo 
11958D & 11972L  Oak Creek
Solarcrete construction. 7,228 SF with 954 SF office, 18'-24' ceilings, 400 amps, 1 DID and 1 common dock. Close to I-90 interchange.  

Turnkey Automotive 
1500 E. Algonquin Road Algonquin
6,700 SF masonry 8-bay facility across from Jewel-Osco. Built in 1992 with 14' clear ceilings. Just listed! 

Recently Sold & Leased
1760 Britannia Drive
9,981 SF
Industrial Condo
Buyers Broker: Heather Schweitzer

35 & 43 Acorn Lane
Lake in the Hills
2,571 SF
Buyers Broker: Mike Williamson

333 E. Jackson Street
2,464 SF
Office Building
Bruce Kaplan & Kevin Kaplan
740 McArdle, Unit A
Crystal Lake
7,200 SF
Industrial Lease - Reclaimed Wood 
Heather Schweitzer & Mike Williamson
521 Randall Road
6,400 SF
Restaurant Lease - Denny's
Joe Billitteri

411 River Road
52,000 SF
Multi-Use Building
Heather Schweitzer, Bruce Kaplan & Joe Billitteri

CRE Values Continue to Reach New Highs 

Jeffrey D. Fisher Ph.D., has put together a concise summary of the NCREIF Market Value Index for the second quarter of 2017. The news is good, but read on to find out which property types are the big winners...

Commercial Real Estate Market Outlook Strong in 2017, Economist Says
By: Marcus DiNitto

The first few months of the Trump administration have been accompanied by plenty of uncertainty, but the outlook for the commercial real estate market for the rest of 2017 is positive, said Peter Muoio, chief economist at online real estate marketplace Ten-X.

2Q 2017 CRE Market Highlights
By: Donald Hill, VP Wintrust Community Bank

Chicago Retail Overview
*Vacancy Rates ended at 6.8% (down from 7% in 1Q)
*Positive absorption reported 970,247 SF that was taken in by market
*Quoted rental rates ended the quarter at $15.78/SF Net (up from $15.66 in 1Q))
*Market still has 2.3 million SF of retail space currently under construction
*Cap rates have been slightly lower through the first 3-months of 2017 averaging 7.51% compared to 7.92% at this time last year.
Chicago Office Overview
*Vacancy Rates ended at 13.5% (up from 13.2% in 1Q)
*Negative absorption reported at (1,260,224, SF) that was put back to market
*Quoted rental rates ended the quarter at $23.34/SF Net (down from $23.86 in 1Q)
*Market still has 4.4 million SF of office space currently under construction
*Cap rates through the first 3-months of 2017 averaged 7% compared to 7.43% at this time last year.
Chicago Industrial Overview
*Vacancy Rates ended at 6.7% (same as 1Q)
*Positive absorption reported at 4,746,652 SF that was taken in by market.  Please note the flex market saw negative absorption while warehouse space saw nearly 5 million sf absorbed by market.
*Quoted rental rates ended the quarter at $5.85/SF Net (up from $5.81 in 1Q).   Flex space was quoted at $10.88/sf while warehouse space quoted at $5.53/sf.
*Market still has over 17 million SF of industrial space currently under construction
*Cap rates through the first 3-months of 2017 averaged 8.5% compared to 7.66% through the first three months of 2016
Premier Commercial Realty
 9225 S. IL Route 31 | Lake in the Hills, IL 60156

Bruce Bossow, x 12 847-732-3462
Bruce Kaplan, x 20  847-507-1759
Heather Schweitzer, x 15  815-236-9816
Heide Casciaro, x 26 847-774-5660
Joe Billitteri, x 21  847-833-5004
Joe Heffernan, x 18  847-302-5550
Tina Kropke, CCIM, x 14  815-970-0546
Michael Williamson, CCIM, x 25  847-732-0504
Kevin Kaplan, x 13  309-261-0920
Tom Traina, x 29 847-651-3834