The Eighth Annual Chicago Industrial Properties Industrial Summit is approximately one week away, and the finishing touches are being put on a conference that will feature four panels and more than 20 speakers.
The CIP Industrial Summit will take to the podium on Wednesday, April 6 at the Marriott Oak Brook. After opening remarks from Podolsky Northstar
Principal and AIRE President Corey Chase, the Summit will feature a headline “State of the market” panel that will look at the overall issues, challenges and opportunities facing the industrial marketplace in 2011 and beyond.
The panel will be moderated by Keith Stauber, Jones Lang LaSalle and feature Matt Mullarkey, CenterPoint Properties; Dave Harker, First Industrial Realty Trust; Andy James, DP Partners; George Cibula, Darwin Realty; and Scott Marshall, CBRE.
“I am optimistic about the market, based on foot traffic, showings on our listings and the proposals we are responding to,” said Keith Stauber, Jones Lang LaSalle. “We currently have over 140 large clients all seemingly very active right now.”
Stauber’s optimism transcends the tax-related issues the state has faced in the last three to six months. “I think the increase in taxes has caught people’s attention, but it is only one factor in making decisions,” he said. “As a market and a region, Chicago has too much muscle.”
He did caution that as a market and industry we don’t want to get too far ahead of ourselves. “The situation in the Middle East is ruffling confidence a bit,” he said.
The conference will feature three additional panels covering a variety of topics of interest to the industrial marketplace:
- Investing in the Market – buyers and sellers—users and investors—and those that help facilitate transactions, share their perspectives on how the sale/investment market is evolving and emerging after the devaluation.
- The Roads Into or Out of Illinois – a resourceful panel of experts discuss what recourse businesses have to volatile and impactful issues in the State of Illinois and in various counties, including taxes, incentives and FASB 13.
- Off to the Future – a panel of forward thinking experts looks beyond the near term future (2011 and 2012) to offer perspectives on how the industrial market will reshape and evolve for the long term future (2016 and beyond) … the design and construction of buildings, work flow and operational issues, sustainability and the things facilitating change.
Confirmed speakers include Mark Goode, Venture One; Peter Harwood, Jones Lang LaSalle; John Coleman, Newmark Knight Frank Epic; Janyce Fadden, RAEDC/I-39 Corridor; Corey Chase, Podolsky Northstar CORFAC International; Brian Liston, Liston Tsantilis; Karl Heitman, Heitman Architects; Jim Dieter, Cushman & Wakefield; Tim Hennelly, Ryan Companies US, Inc.; Adam Roth, NAI Hiffman; and representatives from Avison Young and Opus North.
Register for the event at www.rejournals.com/conferences, or by calling Debbie Dewolf at 312-644-2804.