Search

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

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

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

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

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

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

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

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

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,

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

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

Run of the Mill 

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

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

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

Southeastern Stamina 

Despite the chaos that Mother Nature rained upon the Southeast in 2005, the region's markets have persevered through the storms. Florida real estate prices will rise due to higher insurance costs and taxes, predicts Henry Fishkind, president of a Florida

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

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

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

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

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

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,

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

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,