Posts by McGowan Corporate Real Estate Advisors

Many industrial users congregate their distribution centers nationally around the major industrial markets which are served by roughly 20 institutional landlords. Thus a knowledge of tenant and landlord movement in LA, Chicago, Atlanta, Dallas and New Jersey has tremendous value for the decision making process of our corporate clients. Today McGowan will participate in the…

If the user owner of a building owns an asset that will not fit the core bucket for the institutional investment community, a seller should look for buyers that can pay the most regardless of geographic location of the asset. Barring a 1031 buyer, high net worth, and sovereign wealth, the single tenant net lease buyers have been very aggressive in…

The 2016 WERC Conference Committee, made up of logistics thought leaders and subject matter experts, got together this week in Providence, Rhode Island (the site of the 2016 WERC Conference) to discuss what’s hot and innovative in the world of warehousing, supply chain and distribution. The 2-day-long meeting enabled these industry leaders to pull together…

The decision to outsource to a 3PL is driven by the consumer /customer of the business which drives service requirements. At a high level however, there are three main reasons to consider a 3PL. 1) FLEXIBILITY – Real Estate, Space, Labor, Systems, Transportation, Strategy all may need to be changed and a 3PL offers an…

MCREA attended the 3PL Summit & Chief Supply Chain Officer Conference last week in Chicago that was dedicated to the future of 3PLs and logistics. The conference was run by EFT (Eye For Transport). The forum brought together high level executives in logistics and their manufacturer and retailer supply chain counterparts. A few notable speakers included executives…

For the third year in a row, Kevin McGowan CCIM, SIOR of MCREA will join industry leaders at the Third Annual Northeast Industrial Real Estate Summit on June 10th in Jersey City, NJ. The venue brings together top developers, investors and capital sources. McGowan will be moderating a panel focused on industrial developers and end-users…

Kevin McGowan CCIM, SIOR of MCREA will join 6 other SIOR brokers from major markets throughout North America on Wednesday April 8th for a unique interactive webinar which will include market overviews from experts from Dallas, Northern New Jersey, Chicago, Toronto, Mexico, and Los Angeles. The webinar will begin at 1:30pm Eastern on Wednesday April…

1) Signage – Well-located, highly visible signs are placed on site at all listed properties. The signs contain important contact information, as well as our company’s website address. 2) Broker mailing list – A list of all our listings is sent via e-mail to the commercial real estate brokers in the subject property area on…

What is the MCREA lease diagnostic review? Our team will perform a diagnostic review of your lease market position and options. This review will provide a complete picture of the current and future positioning of your space in the current sub-market. A written report will accompany our results and recommendations based on the following criteria.…

McGowan Corporate Real Estate Advisors represented an undisclosed 3PL in the leasing of 611,320 SF at One Costco Way, Monroe, NJ. The property is a multi-tenant 983,320 SF reinforced concrete building. Kevin McGowan, CCIM, SIOR, completed the transaction on behalf of the tenant, one of the largest 3PL companies in the world. The space offered the tenant 36 foot…