- The Small Stuff
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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
- Southern Bellwether
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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
- Southern Comfort
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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
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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
- Blogger's World
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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
- Midwest Moves On
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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
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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)
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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
- Coasting Along
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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
- Beyond Basic Training
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“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
- Hidden Treasures
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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
- Corporate Perspectives
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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
- Feasting on Fast-Casual
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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,
- Finding Common Ground
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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
- Extreme Makeover
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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
- The Power of Positive Thinking
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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
- Office Exodus?
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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
- Main Street Marketing
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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
- Redevelopment Done Right
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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,
- Mountain Markets Climb
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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
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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
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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
- On the Waterfront
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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
- Southern Revival
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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
- Run of the Mill
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The Enterprise Mill in Augusta, Ga., was vacant for more than 10 years when Clayton P. Boardman III, local businessman and owner of Boardman Petroleum, purchased it in August 1997. Boardman's plan included transforming the mill into a mixed use