- On the Edge
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Commercial real estate professionals searching for land opportunities are finding that the grass is greener on the periphery of major metropolitan areas. Towns such as Minooka, Ill., and Surprise, Ariz., may not be household names, but demand is rising in
- Growing Up, not Out
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The downtown revitalization phenomenon sweeping the country is a boon to infill development, especially in secondary and tertiary markets. However, locating and preparing infill sites for new development is no easy task. Despite cities initiating new urbanism strategies, commercial real
- Developers Add Condominiums to Hotels to Increase Profits
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Stymied by the increasing costs of building stand alone luxury hotels, developers have turned to condominium hotels to allocate costs to a wider revenue base while creating another profit center. Hotel operators can charge premium prices for the condominium units
- Investors Flock to Washington, D.C., Commercial Real Estate Markets
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While the rest of the country copes with job losses, an uncertain economy, and diminished corporate spending, the Washington, D.C., metropolitan area remains strong because of increased government spending. In fact, the government added nearly 50,000 office jobs in the
- Leasehold Interests Offer Alternative 1031 Exchange Options
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Typical Internal Revenue Code Section 1031 exchanges involve the sale of real estate and the acquisition of like kind replacement property. Basically, property held for investment is like kind with any other property held for investment. Fee title investment real
- Landlords Should Know Bankruptcy Rights to Avoid Lost Rent
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Your tenant files for bankruptcy — should you give up hope of collecting any rent? No. Tenants are not allowed to occupy leased space without paying rent during bankruptcy proceedings. However, the bankruptcy filing's timing determines how much restitution landlords
- 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
- Broker Scores New Fields for Youth Soccer Organization
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Working in the nonprofit sector is not a new experience for William T. Adams, CCIM, CRB. In the late 1980s and early 1990s, he coordinated a group of volunteer real estate professionals that found sites for Habitat for Humanity houses.
- Promoting Preservation
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In the past, many U.S. towns and cities demolished historic areas in the name of urban renewal and replaced them with housing developments and strip malls. But today, preservation has become the new ethic, the key to creating many small
- Outdoor Advertising
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One of your clients owns a well located multitenant office building and wants to generate some ancillary income to augment the rental revenue. Another client who owns an acreage abutting an interstate highway is looking for a way to help
- Presentations With Pizazz
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It's hard for Garry Rodgers, CCIM, to not use the word &ldquo cool&rdquo when describing his company's latest marketing tool. But after popping in the business card size CD emblazoned with the Rodgers Group logo and watching the short multimedia
- Online Tools Help Brokers Effectively Manage Time and Communications
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Brokers constantly are on the go — visiting sites, researching properties, preparing documents, and meeting with clients. To successfully accomplish all of these tasks, communication and time management skills are essential. Yet sometimes even seasoned real estate pros struggle to
- Sale-Leasebacks Provide Capital for Core Business Investment
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The market for sale leasebacks — transactions in which companies sell and then lease back real estate assets — is growing at an estimated $10 billion to $15 billion annually. Continued increases are expected due to today's difficult real estate
- Cutting the Cord
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Tired of tripping over computer cables in your office? Is the lack of a conference room broadband connection hampering client presentations? If so, it's time you considered going wireless. Wireless networks let commercial real estate professionals access company files, print