Archive for November, 2022
November 2022 Market Update
Warehouse demand is cooling down from red hot to medium hot. Industrial vacancy ticked up in the third quarter from 3% to 3.2%, as developers completed a record 148 million square feet. Warehouse tenants occupied 108 million square feet in the quarter, down 18% from the prior three months, in the first national quarterly decline [...]
1807-1817 Broadway St, Pekin, IL – Shopping Plaza
Golden Group Real Estate is pleased to announce the sale of Broadway Plaza shopping center located at 1807-1817 Broadway St, Pekin, IL. The firm represented the Seller and the Buyer in the sale of this 83.3% occupied value-add investment opportunity. We received multiple offers from local and out of state investors within the first months [...]
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