FASB's Changes For Lease Accounting

Here are two great articles written by Grubb & Ellis Corporate Finance group regarding FASB’s impact on commercial real estate leases. The proposed accounting changes would recognize leasing as a form of financing, eliminating operating leases, and placing all leased assets on the lessees’ balance sheets. You can read the two articles by visiting my industrial real estate news page located here.

Global Supply Chain

Evolution of the Global Supply Chain, an article written by Tim Feemster, Senior Vice President & Director of Global Logistics at Grubb & Ellis detailing the trends in the logistics industry, as well as some opportunities to reduce overall logistics costs during these difficult economic times.

Chicago Industrial Real Estate Market Activity

We are starting to see market activity pick up in Chicago. More industrial real estate users are in the market and existing industrial tenants are more willing to negotiate longer terms leases than they were a year ago.

Tenants have taken advantage of weak market conditions for landlords locking in very aggressive rental rates and or free rent offered by landlords. Grubb & Ellis will be publishing our quarterly market trends for the Chicago industrial real estate market soon.

A great resource for industrial real estate market information for Chicago and the United States can be found at industrialrealestateinfo.com