Creating Maximum Value
Knowing What You Need.
Every business needs real estate, but the needs of every business are different. At NelsonHill, understanding the specific needs of our clients is our first objective. Providing solutions, which create maximum value in real estate, is our business. In the world of corporate real estate, knowledge is power and timing is critical. Information is available but accurate and effective interpretation is the difference. Whether you are selling or buying a single-asset or a large portfolio, NelsonHill has the real estate resources and market intimacy needed to win.
Expanding or consolidating? We’ll conduct a strategic needs analysis and market survey to simplify the process. Our innovative marketing system maximizes profits for our clients. We use individual expertise, combined with real estate intelligence, to help you surpass your corporate objectives.
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Turning vacant into fully-leased? We know what tenants want and what they’ll pay for it. Strong credit tenants paying good market lease rates equals’ maximum value. Our comprehensive asset evaluation method will determine leasing strategies to target and attract the best tenants for your space.
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What’s it worth? By engaging analytical data and market insight, we deliver objective valuations designed to produce results. Clients turn to us for a swift, impartial real estate Opinions of Value. Our team can help give you the confidence needed to act decisively and profitably on your real estate investments.
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1621-1625 W. Carroll Ave.
3800 N. Milwaukee Ave.
1234 W. Randolph St.
5200 W. 73rd St.
Adaptive Re-use: City Winery
Located in the thriving West Loop neighborhood, this adaptive reuse development of a former produce distribution facility into a 300-seat cabaret restaurant and performance hall is a great example of our ability to create maximum value for our clients in real estate. Through their broker network, NelsonHill identified the Manhattan-based, City Winery that occupies the same size space in New York as the offering. The $9 million, 28,000 Sq. Ft. redevelopment project has become a destination for entertainment and expanded Restaurant Row.
Mark and Michael Nelson, Principals with NelsonHill were brought in to work closely with Popcorn Palace’s senior management team to consider such factors as location, initial square footage, future expansion requirements, functional layout criteria, occupancy date and financial implications. After four market tours over the course of six months, the NelsonHill team helped the client narrow down their selection to the most desirable facility for their operation and got them pre-approved for favorable SBA financing by making multiple introductions to different banks that then began to compete for Popcorn Palace’s business.
Self-Storage Redevelopment: U-Haul
NelsonHill competed against four other local and national commercial real estate brokerage firms to win the assignment to represent Economy Folding Box in the sale of 2601 S. LaSalle Street in Chicago. The NelsonHill team launched an aggressive marketing campaign targeting self-storage, residential, flex office and educational users in the City, along with developers and investors within their proprietary database. U-Haul, an international company that has provided trucks and storage space to self-movers for 69 years, was attracted to the 165,674 Sq. Ft. South LaSalle property because of its excellent visibility from the interstates.
Motor Row District Adaptive Re-use: Revel Events
Originally owned by the Illinois Automobile Club and designed by famous architect, Philip Maher, the building located at 2400 S. Michigan Avenue in the historic Motor Row District sat vacant since its previous owner, The Chicago Defender, vacated in 2006. With the recent transition of the South Loop and Motor Row District, NelsonHill understood the value developers would place on this historic property and helped ownership extract the highest offer for redevelopment. Revel Events purchased the property in 2014 and plans to open the event space to the public late 2016.