SVN Core 3

Wishing you a wonderful Fourth of July! Our team is enjoying the holiday today, and we'll be back tomorrow. Have a safe and joyful celebration! 🇺🇸

Premier Office Space Available in Downtown Bloomington!

Discover the perfect office suite to elevate your business in the heart of downtown Bloomington. This impressive 2,800 SF space offers a blend of historic charm and modern amenities. The suite features 16-foot ceilings and original terrazzo flooring enhanced by abundant natural light.

Key Features:
🔸 Spacious Conference Room
🔸 Convenient Kitchenette
🔸 Flexible Open Space
🔸 Four Private Offices
🔸 Ample Storage
🔸 Private Restrooms

Additionally, enjoy a unique amenity with the option to keep a pool table for a break during your workday! Utilities are included in the lease rate, with the possibility of rate adjustments for additional build-out work.

Take advantage of this opportunity to secure a prime office space in downtown Bloomington. Contact Carrie to schedule a tour and make this extraordinary suite your new business home!

Big shoutout to Carrie Tinucci-Troll, Commercial Real Estate Advisor, SVN Core 3 for her hard work over the past five months, working with her clients to successfully sell their K-9 property. Great job! 👏🐾

Last week marked the closing of 414 Lumbertown Road, also known as K-9 Country Club, a doggy daycare, boarding and grooming facility in Normal. 🐶🐾
The owners reached out to me back in January and said they were thinking about selling the property and business, but they weren’t quite ready to officially list it yet. Over the last 5 months, we worked together to facilitate the perfect buyer for the property and business, ultimately deciding to keep the property off market.
I couldn’t be happier for my sellers who have been involved with K-9 Country Club since day one and have built it to what it currently is. I hope they will be able to relax and enjoy “retirement” from the K-9 world! And to the buyers, congratulations on expanding your footprint in the community. We know you will continue to do great things for the local dogs in Bloomington Normal! 🐕🐕‍🦺🐾🥳

Check out our new market analysis of the office industry in Bloomington-Normal. Whether you're considering investment opportunities or searching for office space, our industry experts are ready to assist you in achieving your real estate goals!

Price Improvement Alert: Versatile 7,000 sq ft Industrial Property Now Only $1,399,000!

Discover this prime industrial opportunity with a significant price reduction! Originally a Schwan's distribution center, this 7,000 sq ft property now features a 2,000 sq ft removable freezer/refrigerator, three 12-ft overhead doors, and a convenient dock door.

Nestled on 3.3 acres, the site boasts ample parking and room for expansion. Inside, explore three private offices, a spacious break room, an open conference area, and two restrooms. Positioned for ease of access from Route 150 and close to interstates 74, 55, and 39.

Don't miss out—schedule your showing today!

🔗 https://shorturl.at/cYejC

Discover the perfect space for your business at 1717 RT Dunn. 🏢 Two available suites, 201-4 and 201-7, offer modern amenities and customizable layouts in a prime South-Bloomington location. With ample parking, high visibility, and easy access to major roadways, this property is ideal for office or retail ventures. Don't miss this opportunity to elevate your business!

👉🏼 https://shorturl.at/9rMdc

Meet our new receptionist! She's trying her best to get to all your phone calls, but she's a little new (and still figuring out how to hold the phone 🤣).

Attention business owners in Normal!

Own your ideal workspace! Suite 1 at 1604 Visa Drive is now available for purchase. This well-designed 1,528 sq ft office space is perfect for medical or office users and offers a great location in Normal.

Here's what you'll find:
🔸 Up to 5 private offices
🔸 Welcoming reception area
🔸 Spacious conference room
🔸 Private restroom for added convenience
🔸 On-site parking for your team and clients
🔸 Plus! Combine with Suite 2 next door for a total of 2,765 sq ft if you need even more space.

Contact us today to learn more about Suite 1 and how it can meet your needs!

Show your love for local businesses! Nominations for the 2024 Readers' Choice Awards close tomorrow!

We'd be thrilled if you considered nominating us for:

- Best Property Management Company (Under Services)
- Best Commercial Real Estate Company (Under Services)
- Best Commercial Real Estate Agent (Under Services)
- Best Property Manager (Under Local)

➡️ https://shorturl.at/gNmGn

Bloomington-Normal Industrial Market: Strong Demand, Stable Rents

The Bloomington-Normal industrial market is defying national trends! Vacancy rates are staying low at 5%, even with new construction. ️

Here's why you should take notice:

🔸 Lower vacancy rates: At 5%, Bloomington-Normal boasts a healthy market compared to the national average.

🔸 Stable rents: While rents are on the rise, they're still significantly lower than the national average at $7.40/SF.

🔸 New construction is met with eager tenants, showcasing the area's booming industrial scene.

Looking for a strategic location with lower costs? Bloomington-Normal might be your perfect fit!

Another industrial space—leased and ready for new beginnings! 👏

Why hire a Commercial Property Manager? 🤔

Simply put, managing a property is a big job. While it's a great investment, it takes up a lot of time and energy, especially alongside your regular job.

Here's why bringing in a Commercial Property Manager makes sense:

👉🏼 One-Stop Support: They handle everything from maintenance to leasing and finances, so you don't have to worry about a thing.

👉🏼 Time and Money Saver: Managing properties eats up time and money. With a property manager, you save both, making things run smoother and more cost-effectively.

Hiring a Commercial Property Manager not only frees up your time but also ensures your investment is in good hands, allowing you to focus on what matters most to you.

Source:
Cressblue. (n.d.). When to Hire a Commercial Property Manager. Retrieved from https://lnkd.in/d6U29KP

Our Associate Advisor, AJ, attended yesterday's Central Illinois Real Estate Exchangors event sponsored by SVN North Star. There was a great turnout, and Nick DeMarte provided excellent instruction on "Introduction to Effective Client Counseling."

Thanks to Alex Ruggieri with SVN North Star for the pictures!

Prime Investment Opportunity in Urbana ✨

📍1011 & 1101 BRADLEY AVENUE, URBANA, IL 61801

Build-ready lots are available now. These parcels are mechanically compacted and offer easy access to Interstate 74. Located in a "food desert" zone, this site is ideal for a grocery store or similar development.

Unlock your potential with the Governor's Grocery Initiative. Through this program, you may qualify for grants to fund your project. With backing from local economic development groups and government agencies, this site can be transformed into a vibrant community asset.

Take advantage of this investment opportunity!

View Listing 🔗 https://shorturl.at/ONfn6

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This property is co-listed with SVN North Star from Champaign-Urbana.

For more information, contact Jill Spratt from our office at 309-590-7900 or Noah Ruggieri from SVN North Star at 217-366-3414.

We're thrilled to hear such positive feedback from our tenants! Your satisfaction is our priority, and we're grateful for the opportunity to serve you. 👏

We were happy to host SVN North Star's Noah Ruggieri & Tommy Restivo, based in Champaign-Urbana, at our office today! Since our offices are only an hour apart, it was about time we got together. 🤣 We had a productive afternoon of brainstorming, sharing insights, and refining processes. Exciting collaborations ahead!

🔑 For Lease: 1716 RT Dunn Drive, Suite 2 in Bloomington, IL

Discover 1,800 SF of prime commercial space perfect for retail or office use! High visibility, ample parking, and easy access to major routes make this a fantastic opportunity to grow your business in a vibrant commercial hub. Features include a customizable interior and glass front entry. Don’t miss out!

🔗 - https://shorturl.at/4Qs3B

AJ Speasl, SVN Core 3
309-590-7900

Versatile Industrial Building For Lease 🌟

Introducing an industrial building available for lease, perfectly suited for various business needs. Boasting excellent visibility and a welcoming storefront, this property features a spacious office/work area, two restrooms, one shower, and a kitchenette inside the warehouse. Additionally, there is a rough-in for another restroom if needed. The building includes two drive-in doors and a dock door for seamless logistics, along with an upstairs loft area that provides extra storage space.

Property Highlights:
🔸 Close proximity to the interstates
🔸 Large open warehouse
🔸 Nicely built-out office/work space

Elevate your new or existing business in this prime industrial location. Don't miss this opportunity—call us today for a showing at 309-590-7900.

It's time for the 2024 Readers' Choice Awards! This is a great way to support your favorite local businesses in Bloomington-Normal. We’d love to have your nomination in the following categories under the Services Group:

🔸 Best Commercial Property Management Company
🔸 Best Commercial Real Estate Company
🔸 Best Commercial Real Estate Agent (any member on our team 🙂)

Nominations are open now and will close on June 18. You can only nominate once, and only the top 5 in each category will move on.

Feel free to share the nomination link below. Thank you for your support!

Nomination Link 🔗 https://shorturl.at/afgkr

Honoring the sacrifices of the brave this Memorial Day weekend. Please note: All Core 3 offices, along with Core 3 partners - SVN Core 3 and Corescapes, will be closed Saturday and Monday in observance of Memorial Day.

Earlier this week, Mark, Carrie, and AJ attended the ICSC conference in Las Vegas.

As first-time attendees, we were eager to explore the latest retail trends, network with industry leaders, and reconnect with familiar faces at the SVN booth.

We're looking forward to weaving these new insights into our team discussions and continuing the conversations with the contacts we made.

Great having SVN Hintze Commercial Real Estate's Jay Hintze and Rachel Olson at our Bloomington, IL office today, all the way from Milwaukee, WI. Proud to be part of the SVN network and collaborate on deals nationwide! ✨

Prime Office Space For Lease at 1410 S. Main 🏢

Situated just two blocks north of Veterans Parkway, this 1100 SF office space offers an open-concept layout with potential for customization. Features include a large private room, a kitchenette, a private restroom, and rear parking access. Ideal for businesses seeking a high-traffic location with modern updates and move-in readiness.

View Listing - https://shorturl.at/2P2wP

Starting this week with a great review! 🌟 If you're on the lookout for a new commercial space for your business, shoot us a message!

We've reached out to the giveaway winners. Thanks again to everyone who visited our booth yesterday and entered our giveaway! 🌟

We couldn't be happier with our new truck wrap! Awesome job 👏