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Cleaning Up After Dry Cleaners 

While environmental contamination often is associated with industrial sites, dry cleaners—a staple of retail centers—sometimes have their own dirty laundry to air. Cleaning up dry cleaning solvent that has contaminated groundwater aquifers can cost millions of dollars. When the dry

Flying High 

Editor's note Air cargo facility development is a growing niche in the commercial real estate industry. This case study examines one CCIM's journey from initial site selection to successful completion of an air cargo facility for Emery, a worldwide air

Indoor Waterparks 

In 1994, indoor waterpark pioneer Stan Anderson expanded his Wisconsin Dells, Wis., Polynesian Resort to include an indoor waterpark. Since then, other investors have followed suit by getting involved in this lucrative niche. Madison, Wis., based Great Lakes Cos. issued

Historic Undertakings 

Historic properties may present commercial real estate professionals with many challenges, but they also offer both tangible and intangible rewards. While brokers and developers may have to meet current building codes and obtain government approval for redevelopment projects, they can

Homing In on Manufactured Housing 

Manufactured housing is a marriage of two industries the companies that build and distribute manufactured houses, which are single family homes constructed in factories, transported to a location, and installed on site, and the manufactured home communities, which are either

Place Your Bets on Gaming 

Gaming in the United States has changed dramatically over the years. Originally perceived as a sinful activity that was enjoyed predominantly by the very rich, gambling today has been accepted as entertainment and is enjoyed by mainstream society. Likewise, as

Triple-Net Triple Threat 

Looking for a rock solid investment in a shifting economy? Look no further than single tenant net leased properties. In markets where shopping centers sit empty and office buildings are dark, the lights are on (usually 24 hours) at the

Old School, New Analysis 

While real estate activity has picked up so far in 2011, investors are still very cautious about their property investments. The areas that have remained relatively strong are those niche market sectors that allow easy identification of a market’s demand

The Self-Storage Transformation 

Self storage has evolved from the homely stepsister to the Cinderella of the commercial real estate industry. Once relegated to sites unsuitable for other productive uses and stigmatized as unsightly metal buildings, self storage properties historically haven't attracted sophisticated investors'

The Rising Tide of Seniors Housing 

To visualize the demographics of the seniors housing market, imagine a shoreline as the tide comes in, each wave slowly yet inexorably creeping higher up the beach. But out on the horizon is a tsunami, a tidal wave of unbelievable

Student Housing 101 

In 10 years, U.S. campuses will host a million more college students than they do today. To meet the steadily growing demand for student housing, college and university markets are seeing a proliferation of multifamily development projects driven by the

Smooth Sailing 

Long ago considered the domain of sunburned sailors with red and white striped shirts, eye patches, and spyglasses, boating has blossomed into a trendy recreational activity, especially among families. In the past decade, the number of recreational boats owned has

Sizing Up Self-Storage 

The self storage property sector currently provides great opportunities for investors and developers across the nation. F.W. Dodge reports decreases in the number of self storage property starts during the last five quarters, which bodes well for the supply demand

Score! 

In a country where most kids learn the names of sports stars before the name of the president, it is no wonder that cities across the United States place so much emphasis on building stadiums to house their local teams

Degrees of Success 

Church Street Plaza, a mixed use development near Northwestern University in Evanston, Ill., includes a Wolfgang Puck restaurant, which caters to students’ increasingly expensive tastes. In the past decade, commercial real estate activity in U.S. college and

A Maturing Market 

By 2030, an estimated 20 percent of Americans will be older than 65 years of age. Accordingly, the long term prospects in seniors housing look more promising as the baby boom generation retires, presenting developers with a unique set of

Finding Value in Vacant Properties 

Despite its run down exterior, the 125 year old brick property located at Kingston, N.Y.'s busiest intersection evokes many fond memories. “Depending upon who you ask in town, it's the old Chevy dealership, a pool hall, an Army Navy recruiting

Lots of Opportunity 

Many commercial real estate developers today realize the importance of functional parking structures. If a parking structure is inefficient due to poor design or inadequate site dimensions, the development's cost may be too high to make it feasible. And if

Niche Knack 

When it comes to commercial real estate brokerage, the days of trying to be everything to everyone are numbered, experts say. Instead, many commercial real estate professionals are discovering a wide range of opportunities in narrow niches. “Today's broker must

Ready-Made Investments 

Ten years ago, mobile home parks suffered from an image problem and languished in the back of the proverbial real estate investment closet. Savvy investors were aware of their generally low acquisition price tags, attractive operating expense history, and stable

Catering to Consumers 

Disenchanted with hamburgers and french fries that have dominated quick service and casual restaurant menus for decades, consumers now demand more flavor and variety when they go out to eat. But there's a catch They want it fast. What drives

Call Now 

Despite the annoyance of having dinner interrupted by overeager telemarketers selling insurance or phone service, Americans have responded to phone sales in a big way. Nearly 100 million people purchase goods or services over the telephone each year, according to

Hitting Out of the Rough 

Like most commercial real estate property types, golf course development is cyclical. From 1986 to 1990, demand (measured in rounds) for new courses outpaced development, according to the National Golf Foundation. But by 1991, golf course developers had caught onto

Uncle Sam Wants You 

Editor's note Government demand for safe, modern office space continues to grow, and no single tenant exists in the United States with better credit. Commercial real estate brokers increasingly will have opportunities to promote clients' properties to government entities. What

What's Cooking With Restaurants? 

As day to day life becomes more hectic, Americans increasingly rely on services that save them time and energy. Nowhere is this more evident than in the restaurant industry. With projected sales of $354 billion, 1999 should mark the eighth