Issue link: http://www.insightdigital.biz/i/80745
COMMERCIAL REAL ESTATE "Since the economic downturn, speculative development is not happening. You need to have signed leases, quality tenants and cash put in by the developer if you want a project to happen." – Ken Zacharias, shareholder in Schenck SC's Green Bay office segment of the commercial market that shows continued growth, says Mike Pfefferle, president of Grubb & Ellis | Pfefferle. "Owner-occupied manufacturers are doing very well and many are looking to put capital back into their businesses with expansions or new equipment, properties that are for lease are being absorbed by companies that are " he says. "Most industrial doing well right now." principal broker of Bomier Properties Inc., agrees. He says anyone owning space that can be used for manufacturing is in a good position. "Manufacturers are great at taking a building and retrofitting it for their own use, and if that doesn't work, they will build new, Terry Bomier, president and Office space is another area holding " he says. its own, Pfefferle says. "In Appleton, there are few large office spaces available. Downtown, if you're looking for a lot of space, you're not going to find it, Building is nearly full. Away from the downtown, the " he says, adding that the 222 Renaissance Building on W. College Avenue in Grand Chute near the Fox River Mall remains the largest vacant office space in the Fox Cities. Several large construction or remodeling projects related to office space are in the works across the region. In downtown Green Bay, for instance, two companies are setting up new headquarters. Schreiber Foods Inc. is building a 250,000-square-foot headquarters and research center, while Associated Bank is remodeling the Regency Center's six floors before moving 500 employees to this new centralized location. In downtown Neenah, Bomier dreams At MIRON CONSTRUCTION, we're in the business of fulfilling the DREAMS of our clients. Sometimes we get the opportunity to impact the dreams of many. We are honored to be a part of the history, and the legend, that is Lambeau Field. Official provider of construction services for the and GREEN BAY PACKERS LAMBEAU FIELD. An equal opportunity, affirmative action employer. 34 | INSIGHT • September 2012 miron-construction.com www. insightonbusiness.com LAMBEAU FIELD STADIUM IMPROVEMENTS Ashwaubenon, Wisconsin