INVESTMENT
From the Desk of Bruce Bossow
How Gross Is Your Lease?
Commercial leases come in many varieties and can become confusing if you don't understand the terminology in the different offerings. There are two major types of leases found in the marketplace "net leases" or "gross leases". Allow me to share some of the differences: 

1. Gross Leases: Generally the landlord pays the taxes, insurance and expenses resulting in one fixed monthly rental amount. This is easier for the tenant to budget.
 
2. Modified Gross Leases : Many times leases have a fixed amount and the lease assigns the responsibility of items such as: snow plowing, lawn maintenance, etc. to the tenant. They may possibly include "stops" that include, in addition, their proportionate share of increases over the existing costs of certain expenses such as taxes, insurance or services. It is important to identify these variables when negotiating a lease.

3. Triple Net Leases: These leases typically are offered with a base rent price and in addition pass-through all expenses proportionate to the percent of building occupancy and commonly called CAM (common area maintenance). Pass-through expenses generally include taxes, insurance, management fees and operating expenses. 

 

A professional commercial real estate broker can guide you through locating, leasing, marketing and negotiations. Eliminating the confusion helps you make a better business decision. Call one of our friendly professionals now. 
Warmest Regards, 
Bruce Bossow
President



Featured Properties
Crane Building
440 S. Dartmoor Drive
Crystal Lake
17,500 SF freestanding engineered expandable steel building with 22' ceilings, 2,500 SF office, interior dock and 12'x14' drive in door. Built 2009 .
Broker: Bruce Kaplan & Kevin Kaplan



Fully Leased Industrial
700 Industrial Drive
Cary
36,000 SF, 6 tenant industrial building, 100% leased. Many long term tenants. Offered at 8% CAP rate.
Broker: Bruce Kaplan & Kevin Kaplan



Auto Repair Business
25103 W. Rollins Road
Ingleside
22 year old operating auto repair business includes 2,900 SF 2-story building on 1 acre with 3 bay service. Includes 2,000+ customer list and all equipment.
Broker: Joe Heffernan 


Country/Western Bar 
with Restaurant 
11419 S. Grant Highway
Marengo
Fully equipped closed bar/restaurant with living quarters. Known as Time Out Sports Bar and Grill. 9,625 SF building on 4.89 acres near I-90. Video gaming approved, outdoor bar and 2 lighted volleyball courts. Just listed, owner will finance. 
Broker: Bruce Kaplan & Kevin Kaplan


Industrial Land Bargin!
Lot 48-53 Ridgeview Drive
McHenry
4.1 acre site in prestigious Inland Business Park. Level lot with off site detention. Water/sewer to site. Easy access to Route 31. Price slashed! 
Broker: Bruce Bossow & Heather Schweitzer



Recently Sold & Leased
6813 Sands Road
Crystal Lake
37,559 SF on 5.11 Acres
Industrial Sale
Tina Kropke
2321 W. Algonquin
Algonquin
5,085 SF
Restaurant Sale
Formerly Fradillios -  Sold to Burrito Parrilla Mexicana
Bruce Kaplan & Kevin Kaplan
14N808 Route 25
East Dundee
5,120 SF
Retail Sale
Joe Billitteri & Chris Yuan
13706 Washington Street 
Woodstock
13,400 SF
Industrial Sale
Bruce Kaplan & Kevin Kaplan
690 Droms Court
Antioch 
16,500 SF
Industrial Sale
Joe Heffernan

Tax Reform Boosts Commercial Real Estate Investor Sentiment 
By Beth Mattson-Teig,  Marcus & Millichap
Commercial real estate investors look to the coming year with increased optimism thanks in large part to the approval of new tax legislation. Details are still unfolding on some of the finer points of the recently passed Tax Cuts & Jobs Act. The country is still waiting for guidance from the IRS and the Treasury Department on exactly how the new rules will be applied in a variety of situations. "There are still a lot of pieces that have to be defined," says John Chang, national director of research services at Marcus & Millichap. "But investors have a basic framework of the new rules, which is giving them more confidence in the economy and the performance of commercial real estate."
U.S. Economy Enters Second-Longest Expansion in Nation's History
Cushman & Wakefield
The U.S. economy entered its second-longest expansion since 1785. The expansion from 1961 through 1969 was, until May 1st, the second longest in U.S. history, and the only other expansion that has been longer was one that spanned the decade from 1991 to 2001. The current trend will need to continue through July 1, 2019 to officially be the longest economic expansion cycle on record.
Premier Commercial Realty
 9225 S. IL Route 31 | Lake in the Hills, IL 60156
  847-854-2300 |  www.PremierCommercialRealty.com

Bruce Bossow, x 12 847-732-3462
Bruce Kaplan, x 20  847-507-1759
Heather Schweitzer, x 15  815-236-9816
Heide Casciaro, x 26 847-774-5660
Joe Billitteri, x 21  847-833-5004
Joe Heffernan, x 18  847-302-5550
Tina Kropke, CCIM, x 14  815-970-0546
Kevin Kaplan, x 13  309-261-0920
Chris Yuan, x 24 312-927-6333