From the Desk of Bruce Bossow
What is Happening with Interest Rates?
Clients are asking me, "What is happening with interest rates?". The cost of borrowing money is going up. If you were around in 1980 when rates went up to 17-18%, you have the benefit of perspective. So you understand rates are still relatively low. With the economy doing so well, the FED feels like they can boost rates, without doing much damage. We are told more increases are coming.

When you combine a booming economy with moderately rising interest rates we see nothing but opportunities on the horizon. Nearly every commercial real estate sector is flourishing by consumers not afraid to spend their money in a time of prosperity. And rents are rising as a result.

This can make a compelling reason for owner occupied real estate and becoming an owner rather than a renter. Instinct tells me to encourage you to get off the fence and lock in rates now while the cost of money is still "cheap".
Warmest Regards, 
Bruce Bossow

Featured Properties
Fully Leased Investment
615 Industrial Drive
32,000 SF 3 tenant industrial building on 1.72 acres. Part of 2 building portfolio. Offered at 7.7% CAP rate. 
Broker: Bruce Kaplan & Kevin Kaplan

Just Off The Famous Square
101 N. Throop Street
9,122 SF 2 story elevator office building with 10 private offices, 2 conference rooms & kitchenette. Currently a law office. 10% down SBA financing. 
Broker: Heather Schweitzer

Incredible Buy!
407 E. Congress Parkway, Unit C
Crystal Lake
2,679 SF masonry single story office condo with high end build out including 5 privates, conference room kitchen and more. Bonus of all furniture included. Price reduced! 
Broker: Bruce Kaplan & Kevin Kaplan

Barrington Office Building
422 Hough Street
2,214 SF freestanding converted bungalow remodeled in 2005 to professional office space. 6 office on main level plus second level, basement and 2 car garage. 
Price Reduced.
Broker: Joe Heffernan 

Recently Sold & Leased
885 Anita Avenue
19,136 SF
Industrial Sale
Joe Heffernan & Bruce Bossow 
1250 Rosefarm Road
6,000 SF
Industrial Sale
Kevin Kaplan & Bruce Kaplan 
1520 Carlemont Drive
Crystal Lake
3,563 SF
Retail Sale
Joe Billitteri
14212 Washington Street 
12,595 SF
Industrial Sale
Bruce Kaplan & Kevin Kaplan
345A Memorial Drive
Crystal Lake
9,550 SF
Industrial/Flex Lease
Heather Schweitzer

Empty Storefronts Pose Unique Retail Opportunities 
By Matt Baker  Editor, Illinois Real Estate Journal

Over 2,500 storefronts closed during the first half of this year, with another 500+ retail locations expected to follow suit before the year is out. But all is not lost...

6 Tips for When Your Property Won't Sell or Lease
By Bruce Kaplan, Premier Commercial Realty

Each situation is different, but with average marketing times of more than 6-8 months to sell or lease most properties, patience is the operative virtue in this real estate market...

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
Kevin Kaplan, x 13  309-261-0920
Chris Yuan, x 24 312-927-6333