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A Smarter Cell Phone 

Smartphones — the generic label for cellular phones combined with personal digital assistants — seem like an idea whose time has come. Doesn't everyone want to give up carrying multiple gadgets? Who wouldn't like downloading e mail on the road

The Secrets to Success 

Boiled down to its essentials, marketing is whatever makes the phone ring. It's whatever encourages potential clients to seek you out initially and whatever drives repeat clients to pick up the phone and call you again. At one time, the

Regional Outlook(10) 

Missoula, Mont.A Different Kind of DevelopmentConservation development may sound like a contradiction, but as Montana and other Rocky Mountain states cope with increasing populations, this model of preserving open space may become an accepted practice. A good example is the

The ROI on CCIM Education 

CCIMs in small markets and small firms initially may be attracted to the CCIM education program because it’s one more way to distinguish themselves in a limited market. Often, though, the education program ends up fundamentally changing the way they

Smart Selections 

Business books are like potato chips You can’t really stop after just one. And for business book junkies, there is certainly no dearth of material. Nearly 5,000 business related titles were published last year, according to R.R. Bowker, which tracks

Regional Outlook(6) 

Markets to WatchChicago —Windy City apartment sales could drop 30 percent this year, the steepest percentage decline since 2002, according to CB Richard Ellis. CBD sales rose 125 percent last year and the average unit price increased 85 percent to

Teams Work 

The first lesson of economic development is that it pays to be in the right place at the right time. And in today&rsquo s economic climate, the right place is just off Highway 12 14 in Middleton, Wis., where Rob

Tech:Take 2 

Tech is back. And it's coming to a market near you. Out in Silicon Valley, Calif., the venture capital angels are rustling their wings as they search for new bioscience companies to fund. Down in the Telecom Corridor of Richardson,

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

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

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

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

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

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,

IM Connected 

As the time between mak ing an offer and closing on a property shrinks, many commercial real estate pros are learning that new communi cation tools help them keep pace with the industry. For example, in most cases a sales

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

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

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

Market Trends(32) 

Briefly Noted

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

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

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.

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

Online Help 

There are many small ways that technology can help you out in a last minute effort to close a deal or present a property. The key is knowing where to find these resources before you need them. www.mimeo.com This online

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