Real Estate Redefined

The real estate world is full of unique terms to describe various processes and occurrences in the field. In the world of commercial real estate, three terms stand out as prominent factors in discussion. Many may have heard of capitalization rate or cap rate, which is used to determine the overall value of an income-producing property. In terms of commercial …

Breathing Room

A unique commodity to the real estate business world is the innovation to how physical space is brought to life. Through technological advances over many years, innovations have been brought to scale and have provided various opportunities to disrupt the status flow and traditional business. When searching for the perfect business location, it is important to consider how the physical …

Commercial Real Estate: The Driving Forces

Wealth is simply defined as the “abundance of valuable possessions.” Value may come in many forms, but for most, real estate signifies a sizable fraction of many people’s wealth in the United States. Purchasing real estate may be thought of as one of the most prevalent purchases someone will make throughout their lifetime with almost one-third of his or her …

Developing a Prime Commercial Lease

Following substantial research and outlining a clear assessment of all of your business needs, you have finally found the ideal commercial office space. Upon interest in leasing a space, you will be presented with a standard lease package, which to fit the specific needs of your company, may need some revising before pen hits the paper and the deal is …

Investing: Residential vs. Commercial Real Estate

It may seem to be a logical investment to start out with a residential real estate purchase, however, in the long run, investing in commercial real estate will help to balance out your asset portfolio. Before you jump in, there are vital differences to be aware of between the residential and commercial real estate market. Property Value Commercial real estate …

5 Steps to Seal the Deal: Commercial Real Estate

Wealth is simply defined as the “abundance of valuable possessions.” Value may come in many forms, but for most, real estate signifies a sizable fraction of many people’s wealth in the United States.  Purchasing real estate may be thought of as one of the most prevalent purchases someone will make throughout their lifetime with almost one-third of his or her …

Giving Back During the Holidays

With the holiday season upon us, Chicagoland offers many-an-opportunity to give back and volunteer. Shetland Properties’ wants to detail out a few specific ways to give back this holiday season so you can find the opportunity that works best for you. Contribute to a Coat Drive Even the average person, bundled from head to toe, can struggle through just a …

Becoming a Commercial Broker

Imagine that one day you wake up intent on pursuing a career as a Commercial Real Estate Broker. Assuming that you have don’t have an existing license in escrow, there are a few steps you’ll have to take before you can call yourself a Broker. Even before that, there are minimal requirements you’ll have to meet to begin the process. …

Shetland Properties’ SunGate Park

Moving due west from Lake Michigan, through The Loop, and then past the gastro-fame of the West Loop, you find yourself in the west side of Chicago. Even further out, past the up-and-coming areas of East and West Garfield Park, you’ll eventually cross over South Cicero Ave and enter a more industrial part of town. This region of the city, …

Today's Commercial Real Estate Market

Chicago’s commercial real estate market experienced a supernova boom 1980’s. Large numbers of overseas investors and developers from outside Chicago flocked to the area and got to work. According to a survey by the office of Grub & Ellis– a San Francisco-based commercial real estate brokerage– around 67 million square feet of office space was built in Chicagoland during the …