Brokers, developers visit Rock County

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Jim Leute
Wednesday, September 18, 2013

BELOIT—Real estate brokers with regional and national affiliations are expected Wednesday in Beloit, where they will hear why Rock County is the place they should be locating their customers.

The Rock County Development Alliance is sponsoring an open house at the Ironworks Hotel, formerly the Beloit Inn, in Beloit.

About 300 brokers and developers have been invited, said James Otterstein, Rock County's economic development manager.

Whether they come to the open house or not, they will get a raft of information on the benefits of expansions or relocations in Rock County.

“These are people with a regional and national reach, primarily from the Madison, Milwaukee, Rockford and Chicagoland markets,” Otterstein said.

The open house is an extension of Rock County 5.0's “Rock Ready” initiative, he said.

Many of the attendees are people alliance members have dealt with before. The open house, however, is unique in that it's an opportunity for the alliance to get these people to Rock County.

The open house includes briefings on Wisconsin's retooled business climate, the expansion of Interstate 90/39, the area's workforce development initiatives and the area's broker commission policies.

Rob Gerbitz, president of Hendricks Commercial Properties, will talk about doing business in Rock County. Reed Hall, chief executive officer of the Wisconsin Economic Development Corp., will deliver a state of Wisconsin message. David Bagley and Kory Stoehr from McGladrey will discuss the state's tax climate and how it benefits the clients of the brokers and developers.

Rock County has a tight inventory of available commercial and manufacturing space, so a good portion of the open house will focus on build-to-suit opportunities in the county's shovel-ready industrial parks.

That's an important message, Otterstein said, because companies often bypass a community that doesn't have an adequate supply of available to space to consider.

“We have plenty of opportunities for build-to-suit in Rock County, and that's a message we will deliver quite strongly,” Otterstein said.

Otterstein said a group of local bankers, accountants, attorneys and appraisers will be available to discuss Rock County opportunities. So, too, will local real estate brokers, developers and builders.

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