Search

Midwest Moves On 

While the Midwest ended 2005 with mixed messages, most commercial real estate markets in the region have reason to expect better performances this year. Several Midwestern markets have plans for large retail and entertainment developments. In Kansas City, Kan., the

Midwest Markets Grow 

America's heartland, known for a slower pace of life than either coast, didn't see many dramatic commercial real estate developments during the past year. But the Midwest did see some modest improvements. Leasing rates throughout the region increased slightly in

Rising Stars(2) 

What makes someone a rising star? Is it his or her accomplishments, drive to succeed, or commission check amount? For Commercial Investment Real Estate, it is a unique combination of factors that demonstrate promise for

Southern Comfort 

The southeastern United States is home to some of the nation's most active real estate markets. The Washington, D.C., metropolitan area leads the nation in job growth and office absorption, while the South Florida market is experiencing some of the

The Spin Cycle 

No matter how long commercial real estate professionals have been in the business, the same marketing challenges rise to the surface year after year. Issues such as time management, self promotion, market visibility, reputation, and cutting through the competition face

Looking Good 

Todd Gold, CCIM, president of REOC Partners in San Antonio used to show clients his appreciation by employing typical entertaining methods. "Lunches, breakfasts, broker events, etc. It was nothing extra special," he admits. "Then, someone in the office had the

Learning From the Pros 

Upon winning his fourth Masters Tournament earlier this year, Tiger Woods dedicated his victory to a mentor who has been with him every step of the way his father. While Woods’ golf skills have helped him earn esteem, awards,

Northeastern Exposure 

During the second half of 2005, several of the Northeast's metropolitan markets coasted on strong fundamentals. Office absorption in Boston is up and vacancy rates are decreasing. In Long Island, N.Y., the office market looks optimistic Despite a slight vacancy

Office Exodus? 

At corporations across the country chairs are empty. Maybe their occupants are working in the field or out to lunch, or maybe they are never coming back. Approximately 20.7 million U.S. workers no longer report to bricks and mortar offices

Mountain Markets Climb 

As one of the least populated regions of the country, the Rocky Mountain states’ valuable commercial real estate investments sometimes are overlooked. But as the low cost of living and natural attractions draw more residents west, commercial real estate growth

Hired Learning 

With large numbers of generation X and Y members entering the workforce and baby boomers remaining in the workplace well into their sixties, internships and mentorships are good stepping stones in the current job climate. Commercial real estate especially is

Land of Opportunity 

Fundamentals along the Pacific Coast remain stable in most commercial real estate sectors and are seeing growth in others. New construction especially in the form of multifamily high rises is occurring in several parts of the region. In downtown Los

Main Street Marketing 

Matt Redd, CCIM, owner of Redd Properties in Lake Charles Sulphur, La., doesn't remember what sparked the idea for his company's trademark marketing strategy, but the effect on his small town market has been unforgettable. "It keeps our company's name

The Power of Positive Thinking 

As an attractive, new multifamily complex nears completion, leasing agents begin to show the property to prospective tenants. While several buildings lease up quickly, one structure remains completely vacant. A survey of prospective tenants who viewed the property reveals that

Renter Requirements 

Is it landlords&rsquo responsibility to make sure all tenants purchase renter&rsquo s insurance? It should be, according to a LeasingDesk Insurance Services study. Multifamily landlords who insist their tenants purchase renter&rsquo s insurance save significantly on costs related to tenant

Redevelopment Done Right 

Visualizing a historic bank rehabbed as a luxury condominium building, a shuttered mill as a mixed use development, or an abandoned big box space divided into office condominiums requires more than a little creativity and foresight. Whether the property conditions,

Seeking Out Small Businesses 

Even though commercial real estate professionals offer important services to small businesses, they don&rsquo t always come looking for them, says Jeffrey Hulett, CCIM, a tenant representative at DHC Associates in Cleveland. &ldquo These companies are small and tend to

Problem Property 

After a year of marketing an older, vacant, 65,000 square foot office building in downtown Minneapolis to call centers and technology hubs, Aaron Barnard, CCIM, a broker with Northstar Partners in Eden Prairie, Minn., knew it was time to rethink

Rocky Mountain Roundup 

Change and growth define the U.S. Rocky Mountain region. Four of the country's top five fastest growing states are part of the region Nevada, Colorado, Utah, and Idaho, according to the U.S. Census Bureau. In Kootenai County, Idaho, property values

Strategies for Start-Ups 

The start up business client that Steve Marcusse, CCIM, industrial adviser with Grubb & Ellis Paramount in Grand Rapids, Mich., took on last year had very specific space needs a 17,550 square foot property with eight firetruck size drive in

Southern Revival 

Even though much of the South Central region has recovered from last year's weather related catastrophes, sections remain devastated. The New Orleans metropolitan statistical area's population has diminished by more than 300,000 according to NAI Latter & Blum. Although some

The Small Stuff 

In California's Ventura and northern Los Angeles counties, industrial properties 25,000 square feet and under frequently sell before they even go on the market, says Joe Jusko, a principal at Lee & Associates in Calabasas, Calif. “Availabilities come up very

Beyond Basic Training 

“Sara is the lifeblood. She makes the wheels go round,” says Brown Bethune, CCIM, senior sales associate at Prudential Burroughs & Chapin Realty, in Myrtle Beach, S.C., about Sara P. Jones, his office's administrative assistant. “She keeps us out in

Coasting Along 

The West Coast still is seeing its fair share of growth. Nearly every commercial real estate sector has new construction in the pipeline in at least one city in the region. An increase in Los Angeles County's multifamily inventory 49

Corporate Perspectives 

It's time for American corporations to take a closer look at their portfolios, says Michael Condon, senior vice president of corporate services for Colliers Seeley International in Los Angeles. Ensuring that their business plans are aligned with their real estate