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Born-Again Buildings 

Call it the “Friends” effect After a decade of watching the television show about six characters sharing funky urban digs, young adults in mid size U.S. cities have decided that’s the life they want. But unlike previous

Carrying the Cargo 

Bringing cargo through the Suez Canal to the East Coast may seem like the long way, but much of the U.S. logistics development today is an end run around the growing congestion at the Los Angeles and Long Beach ports.

Commercial Real Estate by Degrees 

Master of science in real estate or an MBA with a concentration in real estate? That's one of the many decisions potential graduate students must make when they return to school for an advanced degree. Fortunately a growing number of

For Hire Online 

When Carol T. Kellogg, CCIM, moved to Charlotte, N.C., in November 2004, she worked with several local executive search groups to find a job. It was a frustrating experience. “I worked with four headhunters, but none of them had real

Market Trends(31) 

New Orleans Markets RatedNew Orleans' apartment market garnered an investment conditions rating of 7.2 out of 10 points in a recent Real Estate Research Corp. study. Industrial came in second with a 6.4 rating and hotels third with a 5.6

More Power to You 

There you are, stuck in traffic, calling your client to explain, and your cell phone dies. While waiting for a weather delayed flight, you catch up on e mail correspondence until your notebook nods off. Working in a restaurant between

Market Trends(33) 

More Pro Teams for More CitiesProfessional sports teams are urban development magnets Cities build stadiums to attract them, spawning additional opportunities for retail, hospitality, and restaurant real estate. And many thriving secondary markets are

Hunting for Recreational Properties 

Land is America's new stock market. In some parts of the country, people burned by Wall Street are putting their money into what Scarlett O'Hara called “the only thing that lasts.” For example, Curt Eilers, CCIM, a broker investor who

Moving the Goods 

"America is a nation of distributors," says Brian P. Hayes, CCIM, senior director of national accounts at Opus National LLC, in Rosemont, Ill. "The macro trend driving warehouse spec development is the greater distribution of consumer goods." Even macro does

New Rules for Retail 

The rules for retail are changing across America, almost as quickly as the holiday lights come down and the racks of valentines go up on Jan. 2. Wal Mart has morphed from the feared competitor into the good neighbor that

Investment Profile: In the Lap of Luxury 

It’s hard to find an unhappy hotel owner, developer, or investor at any level this year. Global travel and tourism topped $6 trillion in 2005, growing 5.7 percent, and 4.2 percent annual growth is forecast for the next 10 years,

India Calls 

U.S. commercial real estate companies have had India on the line for several years. CB Richard Ellis, Cushman & Wakefield, Jones Lang LaSalle, and Colliers International partnered with local commercial real estate professionals to set up Indian offices in the

Haute Hospitality 

Oh those luxury destinations New York, London, Cairo ... and Indianapolis? Yes, according to Hilton Hotels Corp., which just opened the $100 million, 243 room Conrad Indianapolis, the newest addition to its luxury brand. Or, what about checking into the

Market Trends(32) 

Briefly Noted

Mastering Your Future 

Do your clients care what diplomas hang on your office walls? Probably not, say most commercial real estate professionals who responded to an e mail survey on graduate degrees. "An advanced degree means little to a client except as a

Deal or No Deal? 

What's a transaction broker to do? In 2008, commercial real estate deals were down 71 percent from 2007, according to Jones Lang LaSalle. Total 2008 volume was only $126 billion, far below 2007's market peak of $437 billion. " This

Multiplying Success 

Michael K. Houge, CCIM, SIOR, thinks partnerships should defy conventional mathematics. "One plus one should equal more than two. The sum should be greater than the parts," he says, reflecting on his 15 year partnership with Keith A. Sturm, CCIM.

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

Niche Nosh 

What’s the No. 1 down market strategy from The Donald’s blog, Inside Trump Tower? Explore overlooked niches. And what could be more overlooked than boutique hotels catering to the gay and lesbian community? That’s where Jaime M. Rook, CCIM, broker

Investing in the Arts 

"John says he found us a needle in a haystack," says Diane Litsey, executive director of the Children's Dance Foundation in Homewood, Ala. "And he did." The needle was at least 10,000 square feet of dance studio space with 50

Government Watchdog 

After more than 30 years in commercial real estate, first in New York City and most recently in Orlando, Fla., Lou Nimkoff, CCIM, CPM, president of Brio Properties in Winter Park, Fla., has seen the effects of both good and

Commercial Real Estate Crowdfunding 

Crowdfunding is probably the biggest buzzword to hit the commercial real estate industry in the last couple of years. But what’s the reality behind the hype? As hundreds of crowdfunding portals appear online, is this really the disruptive technology that

Hotel Reservations 

It’s a sign of the new normal that North Dakota has been the top market in hotel performance for the past two quarters, according to Marcus & Millichap. It scored 114.0 compared to the U.S. average of 104.2, when measuring

Climate Change 

Today's economic climate is a lot like the weather somewhat predictable patterns punctuated by terrifying, seemingly random chaos. The acceleration of change due to technology and globalization has altered the foundation of business — the flow of information, goods, services,

Small Properties, Big Challenges 

Investors who manage their own small properties have only three small problems tenants, money, and time. And for professional third party property managers who handle small properties, add landlords to that list. Those challenges cropped up most frequently in an