- Talking TICs
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While the current economy is causing the tenancy in common industry to face some adversity and growing pains, there is still hope for the sector’s future. Based on past and current factors, many investors and industry watchers believe that in
- Buyers Guide(31)
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Office in Your Palm With integrated GPS and software enhancements, Sprint&rsquo s Palm Treo 800w smart phone offers point to point directions and point of interest searches directly from its home screen. The device operates with Windows Mobile 6.1 Professional,
- CCIM Spotlight: Stellar Guidance
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"It’s like a great family,” says Mary Dee Karp, CCIM, CRB, GRI, about the Education Foundation of the CCIM Institute. “Our leadership committee is top notch,” she adds. But Karp, who serves as a foundation adviser, board director, and patron,
- CCIM Career News(2)
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M. Clark Baldwin, CCIM, of GVA Advantis in Newport News, Virginia, recently was promoted to managing director. James T. Barry III, CCIM, of Colliers Barry in Milwaukee and a partner won the 2008 Commercial Association of Realtors of Wisconsin&rsquo s
- C U Online
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At the last two conferences I attended this year, I learned that the new buzzword for the industry is ‘social networking,’” says William Gladstone, CCIM, SIOR, sales agent with NAI Commercial Industrial in Camp Hill, Pa. As the popularity of
- Regional Outlook(3)
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EASTBoston’s Slow StartBoston’s 2Q08 office market was characterized by slowing deal velocity and stabilizing metrics, with fewer tenants needing space because of the shaky economy, according to CB Richard Ellis. Vacancy in 2Q08 rose to 6.4 percent up from 5.8
- December Online Deal Makers
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OfficeKipp Gstettenbauer, CCIM, of Cushman & Wakefield in San Diego and three partners negotiated the 7 year, more than $2.5 million lease of 8,751 sf of office space in Coronado, Calif., from CLI to California American Water Co. Gstettenbauer also
- Maneuvering the Market
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"When one door closes, another one opens,&rdquo said scientist and inventor Alexander Graham Bell. The problem for most of us is what he said next &ldquo Sometimes we stare so long at a door that is closing that we see
- Overseas Tax Strategies
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For U.S. and Canadian based companies with significant real estate assets in the United Kingdom, the issue of property taxes, or business rates as they are known in the UK, may appear a distant issue. However, it is a substantial
- The Partnership Puzzle
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In recent years, the use of single member limited liability companies by individual taxpayers has gained popularity since SMLLCs can offer valuable legal protection for various assets, including commercial real estate. However, while the Internal Revenue Service considers SMLLCs disregarded
- Industrial Outlook
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Faced with a significantly weaker economic outlook and the financial crisis fallout, the industrial sector is hunkering down. Decision making has slowed considerably as investors try to assess the impact of the macro economy during one of the most unpredictable
- Let's Get Digital
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In today’s market, commercial real estate professionals look for the most viable options to speed up the deal making process. Those who want to quickly navigate the tight market rely on the latest technology tools to aid in closing deals.
- Market Trends(3)
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The Hotel Vintage EffectRenovating hospitality properties that are 10 or more years old may pay off in value, according to a recent study by Cornell University’s Center for Hospitality Research. Around year 28, hotels stop depreciating and start to show
- Assembling Success in the U.S.
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Now more than ever, manufacturing companies are competing with the efficiency of their production and supply chains. While yesterday’s strategy was to build and adjacently consume products, the global focus has shifted to how cheaply, quickly, and responsively companies can
- Market Trends Online(2)
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Cargo Volume Sinks to Four Year Low In bad news for both the retail and industrial property sectors, 2008 is expected to be the slowest year for container port volume since 2004, according to the National Retail Federation. Cargo volume
- November Online Deal Makers
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Industrial Jan Boltres, CCIM, of Grubb & Ellis Commercial Florida in Tampa, Fla., and a partner negotiated the $2.8 million sale of a 72,000 sf industrial building in Tampa from Roger Kumar Revocable Trust to Kennedy Investments. Kenneth R. Braden,
- New Hampshire Hospitality
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According to industry experts, the hospitality sector received a moderately strong over performance investment rating at year end 2008 versus a neutral investment rating one year earlier. Overall, hospitality’s capitalization rates increased 60 to 70 basis points during 2008, and
- CCIM Makes Strides
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Many in the commercial investment real estate industry may look back on 2008 and remember the challenges this year held. Despite this, it&rsquo s important to remind ourselves of the positive accomplishments we&rsquo ve made this year. As my term
- CCIM Writers and Readers(2)
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C IRE&rsquo s three part cover story in the Nov. Dec. 2008 issue has something that appeals to everyone. In Print Senior Editor Jennifer Norbut concentrated on transit oriented development, examining the roles that CCIMs are playing in these increasingly
- Financial Survival
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In researching this article, I came across an e mail from Jeff Reder of Urdang Capital Management that contained the perfect analogy for the current commercial real estate investment market the movie &ldquo Jaws.&rdquo The opening scene is Amity Island
- Hidden Hazards
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Rising gas prices and a highly competitive market have closed more than 3,000 of the nation&rsquo s 164,292 gas stations in the last year, the biggest drop in five years, according to National Petroleum News. In June, ExxonMobil announced it
- Exchange Your Strategy
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An increasing number of today’s commercial real estate investors are knowledgeable about the benefits of exchanging qualified investment real estate under Internal Revenue Code Section 1031. However, they might not realize that 1031 exchanges aren’t ideal for every investor or
- Debt Transfer
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While new money is difficult to find in the current economic climate, loan assumptions may provide the prospective debt commercial real estate buyers need to close deals. A loan assumption is exactly that A property buyer assumes a mortgage loan