Industrial-Strength Investments

LINCOLNSHIRE, IL—The post-recessionary stars are aligning and the industrial market is back. So says Mark Goode, SIOR, a principal at locally based Venture One Real Estate LLC. According to Goode, sensible deals are getting capital and there’s a growing population of tenants ready to move into a tight inventory of product, paving the way for a new round of build-to-suits.

“People trying to get sensible projects financed are finding competitive capital from banks, insurance companies and mortgage providers,” he says. Lenders, gun-shy since the downturn, are still very conservative in their terms, but “they’re providing capital at a reasonable cost. Those costs have come down to almost pre-recession levels.”