- Got Space?
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Experts agree Tenants rule the commercial real estate market. Occupancies across all property types either continue to slide or are stagnant, and many brokers don't expect relief until next year. “Now is a great time to be a tenant,” says
- Investors Flock to Washington, D.C., Commercial Real Estate Markets
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While the rest of the country copes with job losses, an uncertain economy, and diminished corporate spending, the Washington, D.C., metropolitan area remains strong because of increased government spending. In fact, the government added nearly 50,000 office jobs in the
- Broker Scores New Fields for Youth Soccer Organization
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Working in the nonprofit sector is not a new experience for William T. Adams, CCIM, CRB. In the late 1980s and early 1990s, he coordinated a group of volunteer real estate professionals that found sites for Habitat for Humanity houses.
- Catering to Consumers
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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
- Remote Control
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It's 10 a.m. Do you know where your brokers are? Many commercial real estate company owners have embraced the virtual office concept to lower operating costs, which presents a management challenge keeping track of brokers and sales associates. The same
- Retail Repositioning
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Your suburban retail center's anchor just declared bankruptcy and plans to shutter all of its stores. Meanwhile, two of your credit tenants are considering relocating to the new regional mall, which offers better amenities and more flexible space. To make
- Subleasing Solutions
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A year ago sublease space decimated the national office market occupancy rate, yet the trend appears to be waning. After reaching its peak of nearly 25 percent of the national vacancy rate in first quarter 2002, sublease space has slowly
- Smooth Sailing
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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
- Self-Made Success
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In the commercial real estate world, bigger isn't always better. Many commercial real estate professionals have found success by staying independent despite a recent trend toward business mergers and affiliation. Contrary to popular belief, independent brokers don't necessarily have to
- The Private Investment Pool
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Last year, national and local private investors purchased more than $60 billion of commercial real estate through November, accounting for more than half of all commercial real estate investment, according to Real Capital Analytics. This makes working with private investors
- Welcome to Miami
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Miami's sun drenched beaches draw millions of people each year, yet the city continues to add cultural and recreational attractions to lure both tourists and new residents. Numerous new or planned destinations line the causeway between downtown and South Beach,
- Warehouses Think Big
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If you asked a commercial real estate industry outsider to describe a warehouse, most likely he would answer "cramped, dark, and dusty." In today's industrial market, that reply is far from the truth. New warehouses are mammoth concrete structures through
- Cutting the Cord
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Tired of tripping over computer cables in your office? Is the lack of a conference room broadband connection hampering client presentations? If so, it's time you considered going wireless. Wireless networks let commercial real estate professionals access company files, print
- High-Tech Note Taking
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At the Fall 2000 Comdex show in Las Vegas, Microsoft chairman Bill Gates unveiled prototypes of a new portable personal computer called the tablet PC. Two years later, seven computer manufacturers launched their versions of the product. While some computer
- Taming Tough Tenants
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At one multifamily property, a tenant subleases his apartment to a rock band that practices into the early morning hours. In another building, good renters are decamping to a nearby complex with lower rents. Several occupants in a high rise
- The Suburban Scene
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Despite the trend toward downtown revitalization, suburban locations still find favor with many office tenants. Financial, telecommunications, and technology companies in particular view the suburbs as an attractive location for corporate headquarters, call centers, and back offices. Convenience continues to
- Denver Delivers
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Colorado's lackluster economy has not quenched investors' demand for Denver commercial real estate properties. Continued low interest rates have prompted many investors to use former stock market monies to buy retail, office, and industrial properties despite poor leasing fundamentals. Retail