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February Online Deal Makers(1) 

OfficeCamille Renshaw, CCIM, of Colliers Arnold in Clearwater, Fla., negotiated the more than $2.4 million sale of a 5,000 sf medical office building in Ocala, Fla., and a 6,080 sf medical office building in Orange Park, Fla., from Bryan T.

Financial Instability 

As 2007 drew to a close, the investment environment transitioned from cautious optimism to a heightened level of realization that there was a global credit crisis brewing in the financial markets. Hidden behind the financially engineered products that drove much

Good Morning Vietnam! 

In the midst of an unparalleled economic boom, Vietnam is a growing — and thriving — nation. The increasing presence of modern five star hotels, residential high rises, and beautiful resorts entices tourists from around the globe. However, tourism is

History in the Making 

By taking advantage of rehabilitation tax credits sprovided under Internal Revenue Code Section 47, owners or developers of historic properties can inject significant equity into their real estate projects to cover funding gaps, increase project amenities, or avoid expensive bridge

Hospitality is Hot 

While tourist destinations offer a wide variety of packages for those hoping to soak up some sun, the heat is on in Mexico’s hospitality industry. With new resorts popping up in smaller, lesser known towns, the country hopes to increase

International Report(4) 

Moscow Office ValuesSectorDecember 2007December 2006  Average Sales Price (USD SQ. Meter)YieldAverage Sales Price (USD SQ.Meter)YieldCBD16,4587.5%8,2058.8%All submarkets11,3657.5 9.5%6,9789.5%Source Cushman & Wakefield Industrial and Retail Developers Look OverseasWhile the U.S. economy takes a dive, industrial and retail developers cast their hopes on

January Online Deal Makers(1) 

OfficeDavid A. Kelpe, CCIM, of Colliers Turley Martin Tucker in St. Louis and a partner represented Mobile Armor in the more than $1.6 million, 5 year lease of 13,711 sf of office space in St. Louis from Duke Realty Corp.

Local Connections 

The CCIM Institute reaches out to members about the networking, education, and technology provided by the national organization — CCIM’s NET. However, are you aware that many times the best way to experience, understand, and appreciate NET is through your

Market Trends(8) 

Studying Student RentersNo surprise here College students look for student housing that provides social opportunities as well as a chance to assert their independence, according to “What Do Students Want?,” a National Multi Housing Council research study. After conducting focus

Drawn to Downtown 

Located at the bull’s eye of four intersections, Court Square in Shelby, N.C., is the perfect location for an attraction that will draw local residents as well as tourists to the downtown area. “There is a huge population explosion in

Buyers Guide(7) 

Intelligent Design SmartDraw 2008 is a software tool that produces commercial property floor plans. With more than 20,000 images and dozens of templates, the software&rsquo s automated graphic design function allows users to easily create their plans. In addition to

Back to Fundamentals 

Rising interest rates and a lack of inexpensive debt in the finance market have ushered in a more sober tone among multi family investors and lenders. While many investors are opting out of the market, viable long term investment and

CCIM Career News(6) 

Christopher B. Fraser, CCIM, of Grubb & Ellis Barkley Fraser in Charleston, S.C., has been named to the President’s Council of Grubb & Ellis. Stan A. Stouder, CCIM, of CB Richard Ellis in Fort Myers, Fla., and a partner will

Cities Upon a Hill 

Industry experts have weighed in on what to expect in 2008, and it can be summed up in one word aftershock. As commercial real estate markets across the country attempt to find their footing after seismic shake ups in the

CCIM Spotlight: Industry Ambassador 

With more than 50 years of real estate knowledge and expertise, Sheldon F. Good, CCIM, chairman emeritus of Sheldon Good & Co., in Chicago, is something of an industry icon. Since starting his own auction and commercial real estate company

Deal Makers(7) 

OfficeBig Deal Chad G. Barton, CCIM, Colin W. Kraay, CCIM, Duwane A. Suwyn, CCIM, and William W. Bussey Jr., CCIM, of Grubb & Ellis Paramount Commerce in Grand Rapids, Mich., negotiated the $12.3 million sale of 63,235 sf of office

Regional Outlook(8) 

Markets to WatchMinneapolis St.Paul — Interstate 35’s bridge collapse last August has had no noticeable effect on the area’s commercial real estate market, according to Colliers Turley Martin Tucker, but an 11.5 percent industrial vacancy rate — eighth highest in

Market Trends Online(13) 

Capitalization Rate Forecastby percentage of properties Property Type2007 Average Cap Rate% Decline% Increase% StableSuburban multifamily6.342.630.766.7Urban multifamily6.533.627.369.1Neighborhood strip center7.21 3.535.161.4Regional mall6.931.834.563.6CBD office7.464.432.563.2Suburban office7.421.828.170.2Bulk warehouse7.535.529.165.5R&D7.923.637.558.9Source Integra Realty Resources Manufacturers Move OutThe search for large parcels of industrial zoned land has pushed beyond

New Year, New Tools 

While many outside the industry assume that commercial real estate is all about location, location, location, CCIMs realize that the three most critical factors in transactions really are location, demographics, and timing. A variety of mapping and demographics programs are

Personnel Assets 

To recruit and retain talented professionals, commercial real estate companies must recognize that employees are one of their most valuable assets. Highly skilled employees bring companies new business, increase revenues, build strong client relationships, provide referrals, and gain industry recognition.

TI Tactics 

All variables being equal, prudent financial managers no doubt would borrow funds at 7 percent rather than 9 percent. So when it comes to the $200 billion financing market for tenant improvements, why do risk managers and corporate real estate

Technology Resource Guide 

Tech SolutionsGet IT Together Outsourcing technology systems allows companies to focus on their business.Nov.Dec.07 CCIM Q&A Tech LessonsA CCIM shares why learning about video marketing is beneficial to business.Nov.Dec.07 Tech Buyer's Guide Virtual BusinessLog on as CCIMs take presentations to

The Write Stuff 

When partnerships sell commercial property, industry professionals must secure the written authorization of all the partners or co owners on both listing and purchase agreements to ensure that contracts are legally binding. If such an action is not possible, brokers

Vanishing Vacancy 

As companies began leaving what was once the hub of Telecom Valley in Petaluma, Calif., numerous vacancy signs littered the empty buildings. Despite these vacant properties, builders continued to build, wooing new tenants away from existing landlords by offering modern

Balancing Act 

Commercial real estate investors and traditional wealth managers live in the same world but speak different languages. While both camps are involved in asset allocation, wealth managers seldom understand how to deal with leveraged, illiquid property assets. Real estate investors,