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Designing a Masterpiece 

On sunny days in Philadelphia, people gather along Ben Franklin Parkway, which stretches from City Hall, down through Museum Mile, to the city’s western edge at the Schuylkill River and Fairmount Park. It is the city’s pinnacle of art and

CCIM Spotlight: Honor Role 

Career education is a lifelong process for many commercial real estate professionals. However, for Mark L. Levine, CCIM, CIPS, MAI, director and professor at the University of Denver's Franklin L. Burns School of Real Estate & Construction Management in Denver,

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

December 2006 Online Deal Makers 

Industrial William (Bo) Bradford, CCIM, of GVA Advantis in Orlando, Fla., and a partner represented Humphrey Realty Corp. in the more than $2.8 million, four year lease of a 144,000 sf office building in Sanford, Fla., to Florida Extruders International.Jeffrey

Considering CRTs 

In recent years, many of my clients have relayed the same situation as they approach retirement age They bought an investment property 20 or 30 years ago that has appreciated beyond their wildest dreams. But that&rsquo s where the good

Deal Makers(41) 

Office&laquo Judi A. Woodyard, CCIM, SIOR, of Commercial Associates in Las Vegas represented Southern Nevada Water Authority in the more than $45.5 million, 20 year lease of a 56,480 sf office building in Las Vegas to Parkway Center LLC. Mack

Carrying the Cargo 

Bringing cargo through the Suez Canal to the East Coast may seem like the long way, but much of the U.S. logistics development today is an end run around the growing congestion at the Los Angeles and Long Beach ports.

Interpreting the Rules 

Since the U.S. Supreme Court's decision on Kelo v. City of New London, which permitted a local government to use the power of eminent domain to take private property for economic development, at least 47 states have revisited their eminent

Greater Access 

After an extended period of worry free financing thanks to low interest rates, the lending environment finally is beginning to tighten. Rising interest rates have ushered in a new mindset among lenders and investors, yielding such factors as downward pressure

Got Gadgets? 

High tech gadgets now are a part of commercial real estate professionals' everyday work life. "I am able to work more efficiently because of today's technology products," says Brett Haynes, CCIM, associate broker with Coldwell Banker Commercial in Winchester, Va.

November 2006 Online Deal Makers 

OfficeKane Morris Webster, CCIM, of Colliers Arnold in Orlando and two partners represented CSI Computing Systems Innovations in the more than $2 million purchase of a 10,550 sf office building in Apopka, Fla., from S&V LLC. Darrin L Boyd, CCIM,

Looking for Leverage 

Small apartment properties can be an excellent way for first time investors to enter the commercial real estate market. Apartment properties with between five and 50 units are attractive investments because there is less competition for them. Buildings with five

N.E.T. Working for You 

Commercial real estate is a great industry to be working in today Markets are performing well, capital is flowing, and opportunities for expansion are plentiful. But strong market fundamentals are not the only reason why commercial real estate is growing

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

Small Cities Mix It Up 

A convergence of factors has propelled mixed use developments into the commercial real estate spotlight in recent years. Rising land prices and the desire to rein in sprawl have made greater density more attractive. Higher gas prices have increased the

Moving the Goods 

"America is a nation of distributors," says Brian P. Hayes, CCIM, senior director of national accounts at Opus National LLC, in Rosemont, Ill. "The macro trend driving warehouse spec development is the greater distribution of consumer goods." Even macro does

Setting the Tone 

Tapping into the demand for small office space is as much an art as a business proposition. Small office tenants can range from start up businesses with little capital to put toward rent and amenities to consultants who need office

Trust-Worthy Tips 

Charitable remainder trusts are unique and powerful giving tools with useful applications in commercial real estate. CRTs often are employed to address the three biggest tax hurdles real estate investors face current income tax, capital gains tax, and estate tax.

Problem Property 

After a year of marketing an older, vacant, 65,000 square foot office building in downtown Minneapolis to call centers and technology hubs, Aaron Barnard, CCIM, a broker with Northstar Partners in Eden Prairie, Minn., knew it was time to rethink

Buyers Guide(13) 

Fast Flash DriveLexar's JumpDrive Lightning USB 2GB Flash drive gives users high speed access in a small stainless steel case. The flash drive comes pre loaded with Power To Go software and allows for easy file synchronization with PCs. Users

Market Trends(15) 

Corporations Not InvestingDespite the fact that corporate profits are at their highest level in 40 years, today's chief executive officers are not investing back into business operations, says Deloitte Research's Chief Economist Carl Steidtmann. As a share of business investment,

Market Trends Online(5) 

Seniors Housing Cap Ratesas of 6 30 06 Property type Cap rate range Cap rate average Independent living 7.0% 10.2% 8.3% Assisted living 7.3% 11.0% 8.7% Nursing homes 12.0% 13.5% 12.7% Source National Investment Center for the Seniors Housing and

A PAT Answer 

Editor's note The November December 2006 issue of Commercial Investment Real Estate contains the article "A PAT Answer," which discusses private annuity trusts as a tax deferral strategy. After the magazine was printed, the U.S. Treasury Department issued proposed regulation