Commercial Transaction Report for Q1 2019

2019 is off to a great start, keeping the momentum of several large transactions in 2018. While a few sales are still pending, our commercial properties are at record low vacancies with new leases signed in the first quarter. A review of 2019 Q1 Lease Transactions:

  1. Trade Centre: UIUC Division of Management Information signed a 5-year, 2,700 SF lease
  2. Trade Centre: UIUC School of Social Work signed a 2-year 4,200 SF lease
  3. 103 W Kirby: Top Food Restaurant leased 3,600 SF and opened in March
  4. Glenn Park: RamClean signed a lease on an additional 2,825 SF of warehouse and office space adjacent to their existing space to expand their operation
  5. Glenn Park: Sakura Massage signed a 2-year, 2,400 SF retail lease and opened for business in the Small Shops
  6. 2305 Village Green: Iroquois River District signed a 3-year, 600 SF office lease
  7. 2305 Village Green: Quednau Hearing signed a 2-year, 400 SF office lease

As of today, we have the following spaces available for lease:

Single Office Suites in Business Innovation Center – 505 W. University Ave, Champaign
Retail/Office/Warehouse End Cap at Glenn Park Shopping Center – Champaign

If you are interested in more information on either available property, please contact John Carson at 217-359-6400 or jcarson@ramshaw.com.