- 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
- Degrees of Success
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Church Street Plaza, a mixed use development near Northwestern University in Evanston, Ill., includes a Wolfgang Puck restaurant, which caters to students’ increasingly expensive tastes. In the past decade, commercial real estate activity in U.S. college and
- Flying High
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Editor's note Air cargo facility development is a growing niche in the commercial real estate industry. This case study examines one CCIM's journey from initial site selection to successful completion of an air cargo facility for Emery, a worldwide air
- Finding Value in Vacant Properties
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Despite its run down exterior, the 125 year old brick property located at Kingston, N.Y.'s busiest intersection evokes many fond memories. “Depending upon who you ask in town, it's the old Chevy dealership, a pool hall, an Army Navy recruiting
- Indoor Waterparks
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In 1994, indoor waterpark pioneer Stan Anderson expanded his Wisconsin Dells, Wis., Polynesian Resort to include an indoor waterpark. Since then, other investors have followed suit by getting involved in this lucrative niche. Madison, Wis., based Great Lakes Cos. issued
- Homing In on Manufactured Housing
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Manufactured housing is a marriage of two industries the companies that build and distribute manufactured houses, which are single family homes constructed in factories, transported to a location, and installed on site, and the manufactured home communities, which are either
- Historic Undertakings
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Historic properties may present commercial real estate professionals with many challenges, but they also offer both tangible and intangible rewards. While brokers and developers may have to meet current building codes and obtain government approval for redevelopment projects, they can
- Sizing Up Self-Storage
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The self storage property sector currently provides great opportunities for investors and developers across the nation. F.W. Dodge reports decreases in the number of self storage property starts during the last five quarters, which bodes well for the supply demand
- Student Housing 101
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In 10 years, U.S. campuses will host a million more college students than they do today. To meet the steadily growing demand for student housing, college and university markets are seeing a proliferation of multifamily development projects driven by the
- 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,
- Capitalize on Campus
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Rundown campus properties often languish in colleges' real estate portfolios with their revenue potential unrealized. To capitalize on these opportunities, commercial real estate professionals can create joint ventures with educational institutions. The key is to identify the best prospects for
- Healthy Investments
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When southeastern grocery store chain Ingles Markets needed help subletting its 32,000 square foot box in an ailing strip center, the prognosis for leasing to another retail tenant didn't look good. But John D. Spake, CCIM, president of Spake Real
- What's Cooking With Restaurants?
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As day to day life becomes more hectic, Americans increasingly rely on services that save them time and energy. Nowhere is this more evident than in the restaurant industry. With projected sales of $354 billion, 1999 should mark the eighth
- Uncle Sam Wants You
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Editor's note Government demand for safe, modern office space continues to grow, and no single tenant exists in the United States with better credit. Commercial real estate brokers increasingly will have opportunities to promote clients' properties to government entities. What
- Triple-Net Triple Threat
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Looking for a rock solid investment in a shifting economy? Look no further than single tenant net leased properties. In markets where shopping centers sit empty and office buildings are dark, the lights are on (usually 24 hours) at the
- 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
- Lots of Opportunity
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Many commercial real estate developers today realize the importance of functional parking structures. If a parking structure is inefficient due to poor design or inadequate site dimensions, the development's cost may be too high to make it feasible. And if
- Mixing It Up: Considerations for a Retail-Residential Development
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Looking at one hypothetical project can highlight the opportunities and challenges associated with mixed-use developments.
Mixed-use developments, by definition, include competing and often mutually exclusive interests. A developer wants to attract customers to the corner bistro, but those in the rental prop
- Gold Rush
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As self-storage has evolved into a highly profitable investment, multiple buyers hunt for the best properties.
Begun as a niche of multifamily, self-storage has developed its own identity as a highly profitable investment. While many mom-and-pop businesses still operate in the self-storage arena, real estat
- Tourist-Market Investment Tips
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The atmosphere may be laid back in tropical tourist destinations, but solid investment opportunities can make some big waves. For example, Curtis A. Skomp, CCIM, senior commercial agent and broker associate with Coldwell Banker Commercial Schmitt Real Estate Co. in
- Student Housing
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Student housing continues to provide bigger returns than multifamily properties for investors.
- Student Housing
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As off-campus housing changes communities, asset-rich investors vie for the best properties.
International and affluent students are pushing the envelope on amenity-rich housing on college campuses, helping to transform communities across the U.S. and Canada. While the funding for leasing students' one bedroo
- Tourist Attraction
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Serving as a powerful economic engine, travel and tourism generate an estimated $1.9 trillion in the U.S. each year, according to the U.S. Travel Association. And, where there are travelers and tourists, there are prime opportunities for commercial real estate
- Healthy Seniors Housing
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Seniors housing demand will continue to be fueled by several factors, including the attractive spread between borrowing rates and capitalization rates, the resurgence of the housing market, and the improvement in the stock market. The continued demand growth is also
- Medical Office Miracle
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Big and small MOB investments are up adding to a record year.
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As the healthcare industry adjusts to a new mode of service delivery, the effects of the Affordable Care Act, and the growth of the 65-plus demographic - traditionally the largest users of healthcare services - the medical office building