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305,000 SF Hufcor Facility Sells for $7.9 Million
Coldwell Banker Commercial McGuire Mears & Associates is pleased to have represented ownership in the sale of the 305,000 square foot industrial manufacturing building in Janesville, Wisconsin. Hufcor Inc, founded in 1900, designs and manufactures operable partitions worldwide. The Hufcor business was sold to a...
Accelerating & Pumping the Brakes: Report Signals Tale of Two Economies
The Rock County Development Alliance has released its Rock Ready Index for the second quarter. Notable highlights from the economic development dashboard include: — Housing sale prices hit a record high for the county, with an average sale price of $193,097 and a median sale price of $176,333 — Sales and...
Two Deals, One Stone
CHALLENGE Increasing e-commerce and food distribution demand was stressing manufacturer Pratt Industries’ production capabilities. Pratt, the fifth largest corrugated packaging company in the United States, had outgrown its satellite distribution facility and needed to expand into at least 100,000 square feet....
New Report Provides Insight into Beloit Economic Trends and Development Opportunities
Beloit200, in association with the Greater Beloit Economic Development Corporation (GBEDC), has released its 10-Mile City Report, a snapshot of recent data and market trends related to Beloit. Recognizing that no city is a vacuum, the report’s name comes from its use of data from a geographic area starting in...
Shultz Joins Coldwell Banker Commercial McGuire Mears & Associates
Janesville, WI (August 19, 2019) – Adam Shultz has joined Coldwell Banker Commercial McGuire Mears & Associates as a commercial real estate sales associate. The office is located at 400 Midland Court, Suite 101, in Janesville. Shultz will team with managing broker Bill Mears to handle commercial real estate...
Janesville Plan Commission Approves Apartment Project
By Ashley McCallum, Janesville Gazette   The Janesville Plan Commission on Monday approved a plan to develop 260 apartment units just west of Interstate 90/39 off East Racine Street—but not without a lengthy discussion to clarify some details. Representatives from the project’s developer, Hovde Properties, had...
Adams Named Volunteer of the Year
Janesville, WI—Coldwell Banker Commercial McGuire Mears & Associates is pleased to announce that marketing coordinator Maddie Adams has been named the 2018 Volunteer of the Year for Downtown Janesville Inc. Adams has been involved in the nonprofit organization since 2014, most recently serving as the treasurer....
CBC McGuire Mears Announces New Build-to-Suit Project
Janesville, WI– Coldwell Banker Commercial McGuire Mears & Associates is pleased to announce that local developer Badger Property Investments (BPI) will be breaking ground this month on a 162,000 square foot build-to-suit manufacturing and packaging facility on Janesville’s south side. Construction is expected...
Council Discussion Suggests Openness Toward Residential TIF Deals
By Jim Dayton, Janesville Gazette While Janesville City Council members wanted more details on the use of tax increment financing for development of multifamily housing, they were all open to the idea during their meeting Monday night. The council took no action but discussed modifying city policy to give more...
ShopKo Plaza Acquired by Texas Firm
By Austin Montgomery, Stateline Business Journal   BELOIT — ShopKo Plaza in Beloit has been sold and the new owner has partnered with a West Allis real estate firm to determine what’s next for the financially challenged shopping center.   The 10.9-acre property was acquired by Stafford, Texas-based Key Star...