Search

“Not in My Backyard!” 

Real estate professionals facing opposition to development or zoning changes these days must hack their way through a forest of initials. In many communities the original NIMBYs Not in My Backyard have subdivided into CAVE (Citizens Against Virtually Everything) dwellers,

2008's Top U.S. Economic Development Groups 

Based on creating $1 million in capital investment, 50 or more new jobs, or at least 20,000 sq. ft. of new space, the following economic development organizations were chosen by Site Selection magazine as the top U.S. economic development movers

Presentations With Pizazz 

It's hard for Garry Rodgers, CCIM, to not use the word &ldquo cool&rdquo when describing his company's latest marketing tool. But after popping in the business card size CD emblazoned with the Rodgers Group logo and watching the short multimedia

Regional Outlook(7) 

Markets to Watch New Orleans &mdash Local developers are rehabbing the Cosmopolitan Hotel into Louisiana&rsquo s first condo hotel, topping the 24 room historic building with a 26 floor, 103 unit tower, just blocks from the French Quarter. Prices range

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

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

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 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

Revolutionize Your Work 

How do you catch up with commercial real estate professionals who are ahead on the technology curve? In a word, change. Change How You Work. "I use technology big time," says Stefan M. Cihylik, CCIM, a broker with the Frederick

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

A Tale of Two Markets 

&ldquo It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the

Staying Connected 

"Does it track people or properties?” “Will it sync to my Palm Pilot?” “Can I use it on a network?” “It's too slow too complex to learn ” Commercial real estate professionals have numerous questions and opinions when it comes

Regional Outlook(8) 

Markets to WatchMinneapolis St.Paul — Interstate 35’s bridge collapse last August has had no noticeable effect on the area’s commercial real estate market, according to Colliers Turley Martin Tucker, but an 11.5 percent industrial vacancy rate — eighth highest in

India’s Major Markets 

India’s robust commercial and residential real estate market, valued at about $50 billion at the end of 2005, is predicted to grow about 25 percent annually, according to Businessweek magazine. Nearly 23 million square feet of new office and

International Report(4) 

Moscow Office ValuesSectorDecember 2007December 2006  Average Sales Price (USD SQ. Meter)YieldAverage Sales Price (USD SQ.Meter)YieldCBD16,4587.5%8,2058.8%All submarkets11,3657.5 9.5%6,9789.5%Source Cushman & Wakefield Industrial and Retail Developers Look OverseasWhile the U.S. economy takes a dive, industrial and retail developers cast their hopes on

Holding Hands With Handhelds 

An e mail survey of commercial real estate professionals who use personal digital assistants reads like a wish list for Santa Claus. Many industry people — especially those on the road — are tired of juggling PDAs, pagers, laptops, cell

Make the Investment 

While computer technology no doubt is changing how real estate deals are transacted, there is little agreement—or hard data—on how brokers can best use the new electronic tools at their disposal. Is it really feasible to throw up a Web

International Report(3) 

Top 5 International Retail Markets Country % of International retailers present United Kingdom 55 Spain 51 France 49 Germany 47 Italy 45 Source CB Richard Ellis Emerging Markets on Top Real estate investment returns in markets such as Istanbul and

Mapping the Road to Success 

A picture is worth more than 1,000 words, according to Jeff Siebold, CCIM, The Siebold Group, Jupiter, Florida, especially if that picture is a color coded map showing him all the investment opportunities in a particular market. "When you go

Color Your World 

Last January, Benedict J. Frederick III, CCIM, bought an Oki Data C7400DXN color laser printer. “I love this printer,” he says. Emotions often run high when commercial real estate professionals talk about their color printers. They are must have, must

The Comfort Zone 

“It's getting hot in here…” but in another hour or so, it may be too cold. Complaints about office temperatures rank first among employee gripes, according to an International Facilities Management Association survey. And while building owners and managers may

25 Tips for a More Profitable Year 

What better time to plant the seeds of success than at the beginning of a new century? By cultivating new skills and weeding out bad habits, you can improve your productivity and harvest the rewards of greater profitability. To get

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

True Value 

Purchasing and repositioning undervalued properties is the investment strategy du jour, and effective property management often is the secret to building success. "Property management is at the heart of our business," says Jerome N. Lehman, CCIM, president of Prudential CRES