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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

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

Finding Common Ground 

When local university students began calling Midwest Realty Group LLC in Portage, Mich., pretending to be prospective clients for a real estate class assignment, Rick R. DeKam, CCIM, a partner in the office, always could pick them out. Rather than

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

Blogger's World 

When Eric Fuhrman, co developer of eMetro Investments and an affiliate broker with Crye Leike Commercial in Memphis, Tenn., and Dan Whipple, CCIM, co developer of eMetro Investments and president of Crye Leike Commercial, read an article proclaiming the potential

Feasting on Fast-Casual 

Amid high fuel and energy costs, rising interest rates, and wages that aren't keeping pace, consumers' disposable incomes are waning and the restaurant industry is suffering because of it. "Dining out frequency has long been considered a leading economic indicator,

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

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

On the Waterfront 

For most of history, people have been living, working, and playing alongside rivers and lakes. Among the first areas to be settled, early American waterfront developments were mostly industrial factories and warehouses, situated on shores for convenient access to transportation

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

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

Southern Bellwether 

The South Central region has seen most commercial real estate sectors struggle toward recovery, although retail has remained strong. In Texas, Dallas Fort Worth, Austin, and Houston showed retail growth mirroring each city&rsquo s residential increases, according to NAI&rsquo

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

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

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

Twin Cities Turnover/Making Over Milwaukee 

In the first half of 2004, the commercial real estate market in Minneapolis has shown marked improvements from its three year slump. Absorption of 1.4 million square feet in the industrial market and the addition of 730,000 sf of new

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

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

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

Extreme Makeover 

The extreme makeover is omnipresent these days. Reality television show contestants with less than perfect features are given facelifts and tummy tucks. Dated homes are made shiny and new with fresh façades and rehabbed interiors. The message is clear Everything

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,

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

Hidden Treasures 

What was once an unusable chunk of Bethlehem, Pa.'s taxable land base is under redevelopment to become the Bethlehem Commerce Center, which is expected to generate $1.5 billion in investment capital and add 6,000 jobs

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