Cirex News is emailed weekly to over 1,300 CRE Brokers/Agents and people interested in commercial real estate. In our weekly News & Views you can promote your clients properties and your services for just $15 for new listings (If it is put into the Cirex Guide no extra charge) and $25 for a banner ad (also free to Guide advertisers). call 608-345-2880...
many of you know Xceligent has declared bankruptcy and has left many
a brokerage house scrambling for a replacement…possibly other than
Catalyst comes to mind. CARW of SE Wis. has been researching
options as well as CBG, Madison and RASCW Commercial Committee. As
soon as all the options are clearly defined and some price points
determined we will bring you that information. At present jury is
still out and there may not be one definitive source that fits
everyone’s needs. In fact I doubt that it would. Stay tuned! ...more
Ken Notes: Wisconsin needs, (in addition to a research service), a good listing service that is BROKER driven. This system should: link with the state system (LocateInWisconsin) - provide free access to the public - keep listings current - be affordable - have a print component - work with communities and local ED professionals, and be statewide.
PropertyDrive and CIREX could easily become this with some help from those who work outside Madison.
WEDC continues to want to build their own boat which is too bad because they do not SELL commercial real estate. CoStar and all the nationals are in business to make money -- not SELL commercial real estate.
- Kohl`s plans to partner with retailers like grocery stores or convenience stores to lease space in its stores.
- The department store has made roughly 300 of its stores operationally smaller, leaving white space.
- Grocery and convenience stores can be strong traffic drivers.
plans to partner with retailers like grocery stores or convenience
stores to lease the white space left by the roughly 300 stores it has
"right-sized" over the past several years, CEO Kevin Mansell told CNBC
at ICR`s conference this week.
The department store has created
operationally smaller, more profitable stores within its roughly
87,000-square-foot boxes. That downsizing leaves unused footage, which
Mansell said would benefit from traffic-generating retailers like those
that sell food.
"If we had our
preference, we are going first after well-capitalized companies, and
preferably ones that have high traffic in grocery and convenience,"
RSK: For some reason I am having a hard time wrapping my head around this idea.
Ken Notes: I love this idea and Amazon needs more outlets for food so watch for a partnership here. Whole Foods light -- and for the record Trader Joes runs out of 15K square feet -- Just about what Kohls has freed up...
Many of the provisions passed will have a positive impact on
investors by putting more money back into their pockets in terms of tax
President Trump signed the new Tax Cuts and Jobs Bill
on Dec. 22, effectively putting the final seal of approval on the most
substantive tax law changes that the country has seen in 30 years.
It may take some time to crunch the numbers to determine just how much tax savings the new tax bill could generate for commercial real estate investors.
The general view is that provisions specific to property owners and
developers will deliver a net positive result—although not nearly the
windfall that corporations will see with a drop in the tax rate from 35
percent to 21 percent...
RSK: Still a lot to shake out here. As a property owner/investor as well as a broker some may be good some bad...probably all even out.
MILWAUKEE — Colliers International has brokered the sale of 310 W.
Wisconsin Avenue in Milwaukee for an undisclosed price. The
578,000-square-foot office complex is the third largest multi-tenant,
stand-alone office complex in the state of Wisconsin, according to
Colliers. Built in 1984, the blue glass building features two office
towers connected by an atrium that reaches 14 stories high. The property
is situated on the planned streetcar path and is walking distance to
the new Bucks arena currently under construction and the proposed
Milwaukee Symphony Orchestra development. Major tenants at the property
include Captel, Previant Law, the General Services Administration, 540
ESPN and the Capital Grille. Tom Shepherd and Dan Wroblewski of Colliers
represented the seller, RAIT Reuss Federal Plaza LLC. Time Equities
Inc. purchased the complex and an attached 606-stall parking deck. ...more
RSK Third largest building of its kind. Congrats.
January 25, 2018 @ 1:00 pm - 4:00 pm
TDS Conference Center - 525 Junction Road
Jason Zook, IRA Loan Officer, North American Savings Bank, FSB, Kansas City, MO
Christian Beaudoin, Research Director, Jones Lang LaSalle, IP, Inc., Chicago, IL
Matt Wachter, Manager of Real Estate Services Economic Development Division, City of Madison
Registration 1:00 p.m. • Program 1:30 pm
Networking Reception to Follow ...more
Kroger Co. and Ace Hardware have been in preliminary talks to open
Ace Hardware locations inside Kroger stores, according to a report on
The report notes that Ace Hardware, whose retail outlets are
independently owned and operated, has been seeking to expand its
partnerships with other retailers. It debuted a 5,000-square-foot
“Express” format in 2012 to operate in smaller markets and inside
existing retail locations. Since that time, it has offered operators
$150,000 to open store-within-a-store locations in retailers such a
supermarkets and paint stores, TheStreet.com reported. ...more
RSK: Strange bedfellows in my book but hey some groceries and a little hardware...why not?
Ken Notes: I would be watching for Amazon to acquire a retailer like Ace or Kroger to help with creating a national delivery system which they need desperately...
RSK: Should be another good year overall but not quite as robust as last year.
Special Research Report
New Tax Law Holds Favorable Prospects for Commercial Real Estate; Potential to Boost Space Demand and Capital Flows
New tax law retains key provisions for real estate investors.
The highly anticipated tax reform recently signed into law by President
Trump retained numerous key commercial real estate provisions. The 1031
tax-deferred exchange, the mortgage interest deduction for investment
real estate and asset depreciation had few material changes. This
consistency in tax law will enable investors to move forward with most
of their existing investment strategies. That said, there are many
provisions in the new tax law that will have a more nuanced effect on
the sector, and these more subtle adjustments could create significant
new opportunities for real estate investors.... ...more
RSK: Good synopsis on how the new tax plan will affect CRE returns and cash flows.
(Reuters) - The U.S. apartment vacancy rate increased marginally in
the fourth quarter from the third as supply exceeded demand, according
to a report from Reis Inc.
The national apartment vacancy rate rose to 4.5 percent from 4.4 percent, the real estate research firm said.
rates increased in 50 of 79 metros, with New York City and Washington,
DC hitting their highest-ever rates of 5.1 percent and 6.6 percent,
respectively, the report said... ...more
RSK: Vacancy may be slightly up but asking rates have increased slightly.
Ken Notes: We are going to need a new housing stock for Millennials and Boomers looking for carefree amenity driven living that allows for travel, entertainment, and stuff to do...
Expect Professional Management with a Personal Touch
with every T. Wall Urban Village.
(608) 575-1018 or Contact@TWallEnterprises.com ...more
Southeastern Wisconsin will be a much different place a year from now thanks to major developments happening across the region.... ...more
The overhaul of the tax code President Donald Trump signed into law Dec. 22 represents a win for commercial real estate as a whole, economists say, but some sectors will benefit more — and sooner — than others as a result.
The retail sector will likely be the biggest beneficiary, Colliers Chief U.S. Economist Andrew Nelson
said, because of the lowering of the corporate tax rate. The tax reform
law reduces the corporate tax rate to 21% from 35%, but because of
deductions, not all types of businesses had effectively paid that same
higher rate... ...more
RSK: Looks like retail is the supposed winner.
Put your corporate skills to work for you. Bernstein
knew how to do market research from her corporate job and tapped that
skill to help Universal Yums take off quickly in the crowded,
As she studied the marketplace, she discovered there was an existing
company doing something similar to what she and Zauner intended to try.
However, the boxes sold at a much higher price point than they intended
to charge.... ...more
RSK: Love this kind of story. Start up in a small warehouse and now have grown into larger HQ with 10 employees. There-in lies the opportunity for brokers helping these clients expand into larger spaces. I have a friend who starting a recycling business for wooden pallets. He had about 16,000 sf he was leasing and outgrew, and this fall I sold him a 40,000 sf sprinklered warehouse with 7 loading docks, 22` ceilings and a semi drive in door. He`s doing great.
The Modified Internal Rate of Return, often just called the MIRR, is a
powerful and frequently used investment performance indicator. Yet,
it’s commonly misunderstood by many finance and commercial real estate
professionals. In this post we’ll take a deep dive into the concept of
the MIRR. We’ll define the MIRR, look at the logic and intuition behind
the MIRR, dispel some common mistakes and misconceptions, and finally
we’ll tie it all together with a relevant example... ...more
RSK: In one of our CCIM courses we went further and used the FMIRR ("F" standing for "Financially") Also a free excel template is included with this so worth a read.
The store is dead, long live the store.
Direct-to-consumer brands born online — including Everlane, Allbirds,
Outdoor Voices, Glossier, Modern Citizen, AYR, Away, Casper, Rent the
Runway, Eloquii, M.Gemi, Fabletics, Baublebar, Birchbox and Bonobos —
have all moved into physical retail.
The founders of these digitally native brands are setting up physical shops as they face the reality of online retail: There are limitations around how much one digital brand can actually grow....
RSK: Next thing you will see on the Capitol Square in Madison other than food carts are pop up shops.
Mid-America Real Estate - Wisconsin, LLC offers the same high level of service in property leasing, asset management, tenant representation and investment sales for which Mid-America has become known.
While the data is still being complied, increases
in consumer confidence and personal incomes are positive indications
that retail sales were up this holiday season.
Did retailers enjoy a big boost in sales this holiday season?
Preliminary indications are that they did, but the data is still being
compiled. Income is up for consumers, which would seem to bode well for
retail sales, even for brick-and-mortar stores. Then again, consumer
confidence dropped a bit in December, though not that much.
RSK: Good news for most.
Some shoppers enjoy a leisurely stroll while traversing the mall,
while other buyers want to get in and out as quickly as possible -
"click and collect," as it were. Unfortunately, the percentage of
shoppers in a hurry far exceeds those who are browsing and socializing,
causing a new condition - "slowed rage."
Much like angry drivers on the road experience "road rage," "slowed
rage" is the impatience and frustration 84% of shoppers feel when trying
to navigate around mall walkers moving at a much slower pace.
Research by Leon James of the University of Hawaii reported in the Journal of Psychology and Clinical Psychiatry
on the issue of pedestrian rage found that there are two types of
walkers: active and passive. Active walkers are focused on reaching
their destination quickly and experience walking rage when slower, more
passive walkers, slow their progress.... ...more
RSK: Man could we use fast lanes here in the US especially at Hy-Vee stores.
Bitcoin started out as blockchain technology with an innovative
ideology for a more secure monetary future, and is now taking hold in
the real estate world. Bitcoin and other cryptocurrencies, although not yet mainstream,
show promise in an industry that typically prioritizes buyers who can
provide secure funds for a property in a short amount of time.
Widely misunderstood, cryptocurrencies work through blockchain
technology that creates a linear series of blocks of code, which are
then used to create a record of each transaction and its access point.
The technology uses unique access codes that can be used from nearly
anywhere in order to share data in a transaction. Essentially, Bitcoin
and other forms of blockchain currencies cut out a central authority,
using varying individuals to authorize the payment in order to ensure an
impartial and secure transaction... ...more
RSK: You will see Bitcoin and other similar currencies used in CRE more and more. Landlords will love it.
Ken Notes: I do not think so, but I do think traditional E transfers will continue to play a larger role. Unless of course your tenant is name Guido and carries a violin case with no apparent musical skills...
With many startups today growing up in co-working spaces filled with
large, shared common areas, owners leasing more traditional office
suites are increasingly embracing shared amenities to target companies
in their next stage of growth.
Several office landlords across the D.C. area have recently taken
vacant floors and built a group of ready-to-move-in spec suites around
large shared amenity spaces, a concept they say is catching on quickly... ...more
RSK: Wonder why it took so long for this concept to catch on.
Ken Notes: Madison has room for more options especially downtown. Especially a little upscale like Regus - They have great options on the beltline...
Convenient central location with Beltline frontage off Todd
Drive/Seminole Hwy. Currently occupied, but will be available April 1,
7,047 RSF... Gross Lease! ...more
The Gialamas Company`s premier development. The park has over 57 buildings containing 200+ companies, occupying over 3.0 million square feet.
RSK: Good refresher on Buyer/Tenant Rep Agreement.
I have been fascinated with
robots for some time. And in particular, how they will impact jobs in
the future. I often think about what jobs will be lost when my young
kids enter the workforce. I think about their impact on professions like
truckers, cashiers and even office workers. I think about the pain that
might be coming but also the opportunities. As someone who has long
been frustrated and often disgusted with our educational system and how
it doesn’t really prepare kids for the changing economy, I am therefore
both worried and hopeful.
I read this amazing article which is a must read for anyone interested in how robots will impact the future of work. (It’s also cool to see Martin Ford quoted in the story since he is a future speaker at out our exclusive Utah event coming this April).... ...more
RSK: Clearly most of this is not stealing jobs...okay a few maybe, but like the computer it aids in the work of CRE professionals.
2017 was such an amazing year in the commercial real estate tech space. Our own platform
reflection of our amazing team but it’s also that the CRE tech tide is
rising and our vessel is clearly a beneficiary. And many others are
benefiting as well. It’s a wonderful time to be in CRE tech as the
industry feels like it’s about to really explode in growth, investment
But for how long?
Is this momentum sustainable?
There must be a correction on the horizon right? There always is in every cycle!
Where are the storm clouds forming?
it lack of funding that will cause a correction? Is it a reflection of a
larger tech bubble that is going to burst? Is it the overall economy?
In my opinion, it’s actually none of that. ... ...more
RSK: There will always be a new wave of tech coming at you...some you will have to adapt to or fall behind...others just a flash in the pan. Either way owning real estate is the fundamental key here and tech may just help you in that arena. Personally I love seeing new things come my way.
8,500 sq. ft. Approximately 6,500 sf of warehouse & 2,000 sf of newer office. 14` drive in door and 1 loading dock. Large lot with room for expansion. 2 restrooms. Shop area is very clean with 16`ceilings, air filtration and handling. 1000 Amp service, break room kitchenette, server room. Storage shed. 39,000 sf lot room for expansion... ...more
Excellent building providing tenants choice of fiber-optic
provides and solar powered AC system. The building also features atrium
entry lobby, shared conference room, recently redecorated common areas,
new building facade. Available suite has kitchen, data center,
reception, several private offices and open space for systems furniture
2017 Deal of the Year Celebration (Save the Date)
Date: Wednesday, February 7th, 2018
Time: 05:00 PM
Save the date! Join us for a cocktail party/meeting to celebrate
the 2017 Deal of the Year Awards at the Elks Lodge, 711 Jennifer Street,
Madison. Everyone is welcome to arrive at 5:00 p.m. with the awards
ceremony beginning at 6:00 p.m. Be sure to attend!
6,600 sf to 8,200 sf of heated and hard to find sprinklered
2-3 loading docks with levelers, 22` high ceilings. Easy access to
Beltline Hwy East or West and interstate. Limited use of drive in door.
Gross lease. Currently used for pallet storage by owner. Nice clean
FORBES -- Buying and managing investment property — be it houses, multifamily
units or commercial real estate — is hard work. Owners must choose
between paying to outsource and handling everything themselves. The
latter can range from finding financing and performing maintenance to
resolving emergencies and legal problems. All these tasks extract a
price in terms of time, aggravation and mistakes for owners who lack
expertise in all of these areas.
Complicating matters further, finding properties with potential is a
big challenge facing investors today. High property prices in top
markets are driving investors into secondary markets and new types of properties,
notes National Real Estate Investor. But these are assets that require
deep industry knowledge and experience and challenges I faced as an
active individual real estate investor that inspired me to co-found
Origin Investments to help individual investors address these obstacles....
RSK: If you are new to the game look for a group of seasoned investors and brokers to possibly join them in their portfolio.
Ken Notes: If you are looking for investors, we can develop a newsletter under your banner for potential clients reminding them EVERY WEEK that you have great investment opportunities... Your logos and links, your comments, great stories from the most trusted media outlets like FORBES...
For decades, providing downtown parking was a top priority for urban
planners. Huge parking garages for commuters’ cars occupied prime real
estate that otherwise might have been used for housing, stores or
But ride-hailing services and autonomous cars are going to
revolutionize parking in cities across the country — in garages, in lots
and along curbs. By 2030, 15 percent of new cars sold
will be totally autonomous, according to one estimate. One in 10 will
be shared. And as it becomes easier for people to summon shared or
autonomous cars when they need them, fewer people will want to own their
own vehicle, meaning fewer cars overall... ...more
RSK: I would say eventually they may go away but not anytime too fast in our market area.
Ken Notes: If Madison were creative we could set a national best practice by parking on the outskirts and using shuttles to downtown... Imaging parking at AEC and being dropped off and picked up at your office door.
Although there has been an uptick in e-commerce when it comes to pet
owners, many prefer to purchase products such as food for their
four-legged family members from brick-and-mortar locations like PetSmart
This information comes from the latest market research report from Packaged Facts titled, Pet Food in the U.S., 13th Edition.
The report takes a look at the comprehensive overview of the market
size, projections, cross-market-trends and acquisitions. The report also
studied the wide range of products available to consumers which contain
special claims, exotic proteins and grains aimed towards winning over
pet owners... ...more
RSK: I am a dog owner Golden Retrievers to be exact and I shop both. Food mainly from store other things from on line. Cost too much to ship the large bags of food for me. But I am sure this will change soon as well.
Ken Notes: This is a perfect example of the "last mile" problem.
Affordable. Versatile. Excellent visibility. A unique gem tucked alongside Madison’s West Beltline Highway 12/14...
This is "Blockchain explained" by Comparitech on Vimeo, the home for high quality videos and the people who love them. ...more
RSK: Blockchain supposedly explained in this video....only you can be the judge if you understand it now.
At the urging of several close friends, I decided to start a podcast
at the beginning of 2017. And by all accounts, it has been a phenomenal
success. It continues to grow and grow and full disclosure here I was a
bit shocked at the level of acceptance. The people, the points of view,
the fun and ridiculous along with the educational and serious. It has it
all. Below I have posted each and every one. Enjoy.... ...more
RSK: The Dukester...enough said.
Well, well, well, well, here we are on a frigid afternoon at the beginning of 2018 and what pops into my inbox but this: ...more
Doug Curry Launching New Company To Compete With CoStar. -BISNOW
Now, of course, I had heard rumors, actually, I was asked by a friend about “investing” but that’s another story altogether.... For a bit of context just in case:
CoStar’s Next Competitor Lawsuit Target: Xceligent. -BISNOW
Xceligent Files Antitrust Suit Against CoStar, Alleges Years Of Anticompetitive Behavior. -BISNOW
Xceligent Contractor Supports CoStar’s Data Theft Claims.-BISNOW
Doug Curry Out As Xceligent CEO.-BISNOW
News Xceligent Owner Writes Its Value Down To Zero, Is Reviewing All Business Options.-BISNOW
And with that we now have:
Welcome to Intrepid CRE....
RSK: A good one by the Dukester. If you have been following the Xceligent fiasco it is a must read. Remember...we Brokers own our data so why do we give it to someone else and then pay them to get it back?...
A look at commercial real estate projects in Milwaukee and Waukesha counties.
The Milwaukee area is in the middle of a
construction boom. With so many development and redevelopment projects
popping up all over town, it’s tough to keep track. That’s why the
Milwaukee Business Journal created Project Watch, where we track
significant developments planned or under construction in Milwaukee and
Waukesha counties. Click on any of the points on our map and a pop-up
box will show a description of the project, the developers behind it,
the estimated cost, a link to stories and more. Project Watch will be
constantly updated. As new projects are announced, they will be added to
the map. As a current project wraps up, we’ll update that too. If you
notice a project isn’t listed here, please let editor-in-chief Mark Kass
know at email@example.com... ...more
RSK: Love this map of Greater Milwaukee Construction.
Xceligent trustee allegedly threatened legal action over noncompete
UPDATED, Jan. 9, 12:17 p.m.: Doug and Erin Curry
abandoned plans to launch a new commercial real estate data company,
citing the specter of legal action by the trustee of their former
“Doug and Erin have been notified by the Trustee in the Xceligent
bankruptcy that it intends to vigorously enforce our 2012 agreements
that include nonsolicitation and noncompete language” Erin Curry wrote
in a statement shared with former employees and customers via Facebook
and email that was reviewed by The Real Deal. “We are concerned
with the risk and cost of pursuing the Intrepid CRE Initiative at this
time and have decided not to go forward.”...
RSK: And on that note as Bugs Bunny and Porky Pig would say "That`s All Folks"! Honestly, I do not know why the brokers do not get together and create their own data base and reap the rewards themselves. We wouldn`t have this mess if they did.
With the largest Real Estate Practice of any law firm in Wisconsin, Reinhart offers clients custom-tailored real estate insight.
A few days back there was a big press release and announcement that Xceligent
had agreed to purchase e-property data and partner up with NAR. Also
within the release there were some details about Xceligent getting some big money to expand. Not being one to shy away from the C-suite in the past I thought I would pen a little letter to Doug The CEO of Xceligent.
Here is what you are going to do.
Listen to your own yes men and think that the money solves all problems.
Try to compete with Loopnet and end up being just the same as.
Loopnet is just a billboard and has not changed in 10 years.. ...more
RSK: A look back at what Duke Long said about Xceligent 5 years ago...and yes Doug did blank it up!
If there is one thing I have learned in the last two years in the
cryptocurrency world, it’s that things change so quickly in this sector,
it can humble anybody. Anyone who says he knows what he is talking
Still, it’s New Year’s Day, so what the heck? I’ll put my neck out there with 12 predictions for 2018:
1. Ripple will lose its luster
2. The Lightning Network will face the big test
3. The privacy wars will begin as people recognize the difference between pseudonymity and anonymity
4. The DAO market will take off
5. More decentralized AI startups will emerge
7. Interoperability protocols will remain immature
8. We’ll see more Crypto Valleys beyond Zug
9. Crypto will go mainstream
10. ICOs will go mainstream
11. Reverse ICOs will intensify
12. Regulation will get more serious ...more
RSK: A load of acronyms here and very techie but still worth the read. Don`t worry when the shakeout comes you will know the survivors and what they actually do.
Is one of your resolutions to listen to more podcasts? Well, if it
isn’t, it should be. Podcasts have become a great way to stay educated
on issues, keep up to speed on current events, or learn more about your
industry during your morning commute or even while taking a long shower.
the busy real estate professional, listening to podcasts can be a great
way to make sure you’re at the top of your real estate game! Here are
just a few of our favorites you should subscribe to in 2018. ...more
RSK: I have not listened to 2 of these but I will be now. I suggest you do the same and listen to podcasts more often. Good way to keep abreast of the market. (or anything for that matter)...
Office building designed for smaller companies, featuring a large
shared conference room, common break area, elevator, modified gross
lease with heat, AC, W/S and electricity all included. Great location
near Mineral Point Road and Beltline. ...more
Here`s your chance to lease a suite in the iconic (fully occupied)
Arbor Gate building next year!
50,000 SF (Divisible) will be available April 1, 2019. The SF are spread
across floors 3, 4, 5, and 6 with spectacular views of the Arboretum.
January 16 | 4:30 – 7:00 PM
January 22 | 11:45 AM-1:15 PM
Lunch and Learn
CARW Training Room
January 31 | 8:00 AM – 12:00 PM ...more
RSK: A list of CARW Events and CE.
6000 SF Flex (office/warehouse) space for sublease in Waunakee
business park. Office furniture and warehouse racking available. Easy
access to Highway 19 and to Interstate 90/94... ...more
10,000 - 36,000 Square Feet flex/office/lab/warehouse for lease on
Madison`s east side adjacent to Covance and MATC. Proposed building
available 6-9 months after lease execution. Spaces customizable to
tenant needs. Loading docks and drive-in doors available. Industrial
Limited (IL) Zoning. One minute to Highway 51 (Stoughton Rd). Four
minutes to Dane County Regional Airport... ...more
Our roster of restaurants reads like a who`s who of Madison`s favorite eateries: From Monty`s Blue Plate Diner, to The Avenue Bar, to Steenbock`s on Orchard, each is unique in its atmosphere and menu and each is the best at what it does! ...more
WASHINGTON – The National Retail Federation welcomed tax reform
signed into law by President Trump today, saying the measure will
dramatically benefit businesses, workers and consumers.
“This is landmark legislation that will boost our nation’s economy
more than anything we have seen in decades,” NRF President and CEO
Matthew Shay said. “Middle-class taxpayers are the biggest winners, with
significantly more take-home pay thanks to tax cuts and vast new
employment opportunities because of tax relief that will help large and
small businesses alike create new jobs. Consumers finishing up their
holiday shopping this weekend can rest assured that there will be more
money in their paychecks by the time the bills come due.”... ...more
RSK: Let`s hope this is the reality of it. Should mean more deals fro Brokers as well.
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The abrupt shutdown of property data company Xceligent Dec.
14 sent shockwaves through the U.S. commercial real estate industry,
with thousands of brokers unable to access property information for
deals they were working on and many in the industry growing concerned
over CoStar`s potential monopoly status.
"The loss of competition at a level that prominent is certainly challenging to the industry," said CCIM
President Robin Webb, an Orlando-based broker with NAI Realvest. "It
eradicates the choice, and that`s not usually good for the buyer in any
instance ... It certainly opens up the opportunity for abuse any time
there`s a single player." ... ...more
RSK: I figured there would be backlash against CoStar creating it`s own monopoly by suing Xceligent out of business and into bankruptcy.But until there is another option the will slowly milk the small brokerage firms to a point where it may not be feasible to pay their fees. Larger firms will no doubt stay with them. Until the savior arises this is the only option. Possibly NAR could and should start a data base service...they formerly depended on Xceligent.
Life Time is evolving from a chain of fitness centers into an
all-encompassing, “healthy way of life” brand with co-working,
healthcare, retail and residential components.
The 25-year-old company based in the Minneapolis area has changed its
name from Life Time Fitness Inc. to Life Time Inc. on all legal
documents, and will be rebranding nearly all of its existing centers to
match. The move is one the company characterizes as a logical
progression from years of offering an expanded set of wellness
RSK: Another year end wrap up this time from BISNOW!
Offering real estate services and design-build construction solutions for growth oriented clients... ...more
Landmark historic Madison restaurant on the market for the first
time in 41+ years as the owners are ready to retire. 5,561 SF building
on a 1.04 acre lot with plenty of parking. Sale also includes a rental
property located on the adjacent parcel at 2912 E Johnson St. consisting
of 3 apartments - one 2 bedroom - 1 bath unit on the first floor and
two efficiency units on the 2nd floor...
14,800 SF one-story building, 100% occupied in a business park on
the growing north side. 40,000 vehicles per day. On City bike path and
bus line. Easy access to Interstate, minutes to downtown, Dane County
Regional Airport, Madison College... ...more
To see the full resolution version of this infographic that has higher legibility, click here.
As the creator of today’s visualization, Alberto Lucas López, points out, “the world’s tallest buildings have acted as barometers”.
Another way of putting it? Our biggest architectural accomplishments
are highly visible symbols of what society values most, and those values
have changed over time. Today, the paramount belief system in many
parts of the world is in capitalism, and there is no more potent marker
of the economic might than fantastically tall commercial skyscrapers. ...more
RSK: Love info-graphics....be sure to click on the higher resolution and code link in the first paragraph.
A complete online course that walks you through the entire commercial real estate investment analysis process step-by-step with easy-to-follow videos and done-for-you templates
By far the most common questions we get
at PropertyMetrics all have to do with the fundamentals.
People get stuck on the math for a particular calculation, don’t know
how to interpret various investment measures, or sometimes have a hard
time seeing the big picture without losing sight of all the details. ...more
RSK: If you cannot afford the more extensive CCIM Course on this it is a good start.
With over 200 experienced real estate professionals, Knight Barry provides exceptional support and service. Visit us online for more information about our 40+ commercial and residential offices throughout Wisconsin and Michigan.
Professional Real Estate Management and Sales
Madison Lifestyle Office Portfolio comprises 16 Class A properties totaling over 1.7 million square feet of leasable area and an additional 8.3 acres of development land. The portfolio is located on the west side of Madison, Wisconsin.
Newmark Grubb Gialamas specializes in investment sales, office, retail, industrial, land, multi-family properties and 1031 exchanges. Our knowledgeable, local brokers are subject experts in their field.
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