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

Sunny Days in Southern California 

Despite tremors in the entertainment industry earlier this summer, energy shortages, and the demise of the dot coms, the Southern California economy for the most part remains vibrant. “While some tech and Internet based companies are laying people off, other

Buying Into Brownfields 

Redevelopment is a major thrust in the world of commercial real estate for many reasons. These include anti growth policies, difficulties in locating suitable properties zoned for particular developments, and housing trends indicating that both young and older couples find

Recapture Clauses Help Landlords Retain Control of Properties 

Assignment and recapture clauses often are debated during negotiation of commercial real estate leases, and the relationship between the two is intertwined. In deciding whether to consent to assignments of tenants' leasehold interests, landlords frequently are required by law or

Estate Tax Repeal Affects Property Disposition by Beneficiaries 

On June 7, President Bush signed the Economic Growth and Tax Relief Reconciliation Act of 2001, a $1.35 trillion tax cut plan. Among other things, this act provides for a phased in repeal of the estate tax with a full

Feathers Fly Before Broker Sells Old Theater 

In a dark theater in Los Angeles, a pigeon searches for a place to nest. Suddenly, a disturbance near the stage startles it from the task. W. Darrow Fiedler, CCIM, CRS, GRI, appears on stage bearing a 12 volt flashlight.

Design/Build Decisions 

Asking 20 people to define the term design build likely will solicit 20 different answers. Some will suggest architecture and construction. Others will describe consulting and brokered services. Each individual definition struggles to describe an industry that has grown far

It's a Small World 

"I'm lucky,&rdquo says Lynn Mitchell, CCIM. &ldquo I live in one of the most beautiful places on earth, and I still get to do business. Mitchell owns Mitchell Realty Group in Ellijay, Ga., a town about an hour north of

Federal Historic Tax Credit Aids Adaptive Reuse Developers 

For adaptive reuse projects involving historic buildings, developers often tap into a federal tax incentive program known as the historic rehabilitation tax credit. This program generates a credit that directly reduces taxes rather than offering a tax deduction such as

Digital Aerial Photography Is Looking Up 

During the last 18 months, aerial photography has advanced greatly, mainly because it has gone digital and hit the Internet Yet few people know about it, and that may be the most amazing thing about this technology. Many commercial real

Maturing CMBS Market Looks to the Future 

During the early 1990s the commercial mortgage backed securities market came to life. Through 1998, this market continually saw exponential increases in the dollar value volume of issuances in the United States. However, since 1999, the dollar value of issuances

In a Class of Their Own 

The class B and C office market should be reaping the benefits of today's uncertain economy, as tenants flee class A properties in search of lower rents. However, first quarter 2001 statistics suggest otherwise. According to Torto Wheaton Research, demand

Towers of Babble 

Commercial real estate owners have discovered gold mines right in their own backyards — cellular phone antenna leases. With more than 115 million people across the United States talking on cell phones, telecommunications companies continually are expanding the number of