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Eight Ways to Boost Your Business 

Today's economy is about as predictable as the weather It's hard to tell if smooth sailing lies ahead or a storm is brewing on the horizon. This uncertainty stymies some commercial real estate professionals' attempts to develop new business, but

Retail Repositioning 

Your suburban retail center's anchor just declared bankruptcy and plans to shutter all of its stores. Meanwhile, two of your credit tenants are considering relocating to the new regional mall, which offers better amenities and more flexible space. To make

The Self-Storage Transformation 

Self storage has evolved from the homely stepsister to the Cinderella of the commercial real estate industry. Once relegated to sites unsuitable for other productive uses and stigmatized as unsightly metal buildings, self storage properties historically haven't attracted sophisticated investors'

Site Selection Methodology Assists College's Campus Relocation 

When the Nevada College of Pharmacy's president approached Judi Woodyard, CCIM, SIOR, to find space for a new campus, she knew it would be a demanding process. The college was a startup nonprofit business, which made “it challenging to portray

New Mexico's Commercial Real Estate Markets Rise to the Occassion 

Like many cities across the nation, Albuquerque and Santa Fe, N.M., have undertaken downtown revitalization projects to restore economic vitality. But these cities — situated in a high altitude, semiarid region — must contend with shrinking water supplies and strong

Industry Conference Highlights Technology's Role in Brokerage Evolution 

Technology products and systems showcased at this year's Realcomm conference in Chicago affect how commercial real estate professionals develop, lease, manage, buy, and sell property. Of all the industry segments, brokerage in particular benefits from these technological advances. The following

Lifestyle Centers Capitalize on Shoppers' Need for Speed 

Despite the economy negatively affecting retailers' sales, the retail real estate market's overall tone is positive. While activity varies by location, investors demonstrate continued interest in retail properties nationwide. As always, tenant mix is critically important Owners of centers with

Lenders Tighten Loan Standards in Reaction to Uncertain Economy 

With interest rates at record lows, demand for new mortgage loans remains strong. However, in today's anemic economic climate, lenders face increased risk of making non performing loans. Although it is impossible to eliminate this risk entirely, commercial real estate

Cost Segregation Helps Property Owners Maximize Depreciation Deductions 

While most property owners are aware of depreciation benefits, few take full advantage of them. It is rare that a building's entire cost is depreciated over the 39 year or 27.5 year life assigned to real property, but when owners

Cost-Conscious Construction 

Nationwide many office tenants are focused on either sprucing up and staying in their current space for the next two to three years until the economy turns or pursuing short term lease deals that may improve their cash flow and

Containing Sprawl 

The post World War II American dream has come true, and its name is sprawl. “A new metropolitan form … America of the mall, the beltway, the subdivision, the multiplex movie theater, the drive through fast food outlet, the low

Landlords Must Be Specific if Including Dual-Option Terms in Leases 

Landlords often offer lease options, such as the right of first refusal to purchase the property, to attract tenants in a tight market. Although more advantageous to tenants, rights of first refusal — or tenants' rights to buy properties when

What Office Tenants Want 

Despite the fluctuating economy and current design trends, two factors remain constant when tenants select office space cost and location. But in today's market, other factors also influence the decision making process. From turnkey buildouts to shorter lease terms to