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Coworking giant WeWork grabbed nearly 96,000 square feet in three Manhattan buildings for its recently launched HQ by WeWork offering for midsize tenants, the company announced Tuesday.
In the biggest deal, WeWork took 51,050 square feet on 11 floors of CIM Group’s 67 Irving Placebetween
East 18th and East 19th Streets, a spokesman for WeWork said. The
company plans to move an HQ member in the building in February...
RSK: Why do I get this feeling WeWork will be another Enron? Hope not.
Ken notes: As long as WeWork continues to serve major companies they will be ok, we may have to rethink our offerings and space though. It is all about the experience. Think coffee shops, restaurants, game rooms, cool conference spaces with media, spas, day care, pet day care, Grandma cay care... And for 60 bucks a foot it may be worth it!
RSK: Well, Wisconsin didn`t make the list but...wait for it...Illinois did? What the....!
Ken notes: We should be on this list, but we need an economic development policy that is fair and available to all companies. Now business, and developers look at Wisconsin, see Foxconn, and say well I can`t really compete with that.
As developers we should seek a seat at the table in the new administration and ask for an economic policy that we can offer to our potential clients. We do not have much time...
Chinese investors offloaded more than $1 billion in U.S. real estate
in the third quarter, extending their recent retreat from hotels, office
buildings and other foreign property under pressure from Beijing to
reduce debt and curb money sent abroad.
Insurers, conglomerates and other big
investors from China sold $1.05 billion worth of U.S. real estate in the
third quarter, while purchasing $231 million of property, according to
data firm Real Capital Analytics.
That was the second straight quarter in which Chinese were net
sellers of U.S. commercial real estate. The second quarter marked the
first time these investors sold more U.S. property than they bought
during a quarter since 2008...
The long-planned transformation of the
Shops of Grand Avenue is moving forward as the owners create a food
hall in its first floor, upper-floor office space and prepare to open
Criticized for more
than 10 years as a failing mall and a void west of the river in
downtown Milwaukee, the Grand Avenue by early 2020 will likely be
buzzing with new people. Renamed “The Avenue,” it could become another
major draw for West Wisconsin Avenue... ...more
RSK: I have always been a fan of Grand Avenue Mall now called The Avenue. Can`t wait to visit it again.
Ken Notes: Once the build out is done we should take a tour...
Save the date for our annual Holiday Cocktail Party & meeting
with hors d`oeuvres and alcoholic refreshments. More details to follow.
We hope you can join us from 4 p.m. to 7:00 p.m. on Tuesday,
December 11. This is one of the most well attended events of the year
for CBG members, affiliates, and their guests. We`ll have a short
meeting and then it will be time to celebrate with your friends and
Contact Wendy with any questions at 772-0060.
There are nearly 5B mobile phone users in the world today. We’ve
recently surpassed the 50% mark and now over half are smartphone users
who are gobbling up bandwidth with live media and immersive content
faster than the carriers can supply it. And with so many IoT devices
coming online, from video security to automobiles, the demand is
increasing exponentially. Although still a couple of years away, 5G and
CBRS have not only become hot topics for carriers, telecom equipment
manufacturers and end-users, but also building owners and tenants.
Despite the high level of interest, there are still numerous questions
on how building owners will actually connect with these technologies,
and how they’ll impact tenants and visitor’s consumption of data. In
this webinar we’ll explore how CRE stakeholders can best prepare to take
advantage of these groundbreaking new technologies...
Ken Notes: I have been following 5G for several years, it will have a huge impact on business because it actually offers and alternative to our current internet options. Taller buildings may be able to "trade" tower locations for amazing access in the building. 5G will eventually compete with WIFI for all our device access. It will also change the way we think about communication as all our devices become linked. Watch the investment curve here it will start out very expensive and move down fast...
In a retail climate where online shoppers expect to receive their purchases the same day they made them, JLL decided to create a consultancy group to help urban retailers achieve just that, Commercial Observer has learned.
While at the annual three-day MAPIC international retail real estate conference in Cannes, France, Naveen Jaggi, the president of retail advisory and capital markets at JLL, told CO that JLL now has an urban last-mile business in the U.S...
RSK: Good idea...now get the last mile to be a return center and you have it made.
Ken Notes: Sears perfected this in the 60`s, every town had a sears catalogue store you picked up or returned your order there. You could buy anything from a dress to a refrigerator they also had guys to fix stuff, do home repair or installs, and deliver ANYTHING for a fee...
NEW YORK (Reuters) - One of the most influential Federal Reserve
policymakers said on Tuesday he expects further interest-rate hikes
continuing next year since the U.S. economy is “in really good shape,”
reinforcing the Fed’s upbeat tone in the face of growing doubts in
Even as New York Fed President John Williams told reporters he
expects the U.S. expansion to carry on and surpass its previous record
around mid-2019, stock markets headed lower Tuesday morning while a
potentially worrying trend of “inversion” continued to grip Treasury
A couple of weeks ago, Crown Retail Services‘ Stephen Stephanou told the Real Estate Board of New York commercial brokerage retail committee that he is helping Nordstrom find a few retail spaces in New York City—on a short-term basis—for its inventory-less service concept, Nordstrom Local.
The Seattle-based company’s Nordstrom Local locations—there are three in Los Angeles and
they occupy up to a few thousand square feet, a fraction of the average
140,000-square-foot Nordstrom store—are just part of the fashion
retailer’s omnichannel approach...
RSK: The worst process for me is returning something I bought online that does not have a brick n mortar location near me. I think someone could start up a return center and charge a fee to help customers return items. Just saying...tis the season.
Amazon announced Long Island City in Queens, New York, and Crystal
City in Arlington, Virginia, as the new sites for its second
headquarters, a project it dubbed HQ2 when it announced a site search in
Amazon says it will now invest a combined $5B into these markets and
expects to create at least 50,000 jobs across the two new locations...
RSK: This is very very interesting. Some consider themselves lucky they didn`t get the bid and can save all those tax incentives. Others, such as Toronto are looking on the bright side and have noticed an uptick in information requests for relocating to that city. What are your thoughts on this?
Real estate investments made next year by HNW investors should be
weighed against rising interest rates and the prolonged economic
expansion, according to Doug Brien, co-founder and CEO of Oakland,
Calif.-based Mynd Property Management, which specializes in multifamily
“For deals to make sense, investors will
need to make sure cap rates remain high enough to balance out rising
interest rates,” Brien says. “In my opinion, a long-time horizon should
be incorporated into any investor’s strategy if they’re acquiring
properties at such a late stage in this rising interest rate
Job growth is happening in both the CBDs and the suburbs. But educated
adults are increasingly city dwellers, seeking walkability,
authenticity, and collaboration. As economic recovery and expansion
continue across most sectors and regions, competition for talent is
intensifying, increasing pressure on employers to differentiate based on
location, amenities, and environment. Now more than ever, it`s critical
that real estate investors, developers, and decision-makers understand
which cities and suburbs are experiencing job growth and attracting
RSK: Midwest seems to have the least educated professionals. But is the cause because of agriculture and industry? How about skilled labor as well? Maybe Madison is an anomaly but I can think of other cities where they have major Universities in the Midwest. Hmmm. Are we educating and then exporting? Always seems to be a problem.
Port of Milwaukee officials on Friday
endorsed an about $1.9 million sale of more than 12 acres along the
inner harbor to Komatsu Mining Corp. for its planned headquarters.
land on the south side of East Greenfield Avenue for many years was
where a large pile of coal was stocked for We Energies’ Menomonee Valley
power plant, which is now powered by natural gas. It is vacant now and,
pending approval from the sale by Milwaukee elected officials, is the
place Komatsu Mining would build an office and company museum as part of
its planned $285 million new headquarters...
Café Benelux in Milwaukee’s 3rd Ward plans to offer a new way for customers to dine outdoors.
Group, which owns the café, said in a Thursday news release that it
would install six private, heated domes on the restaurant’s rooftop late
this month. Guests can book a dome for up to eight people for a
90-minute time slot on Friday, Saturday and Sunday evenings....
As we look toward the new year and consider the new challenges and possibilities 2019 will bring for the industry, Bisnow revisited its commercial real estate predictions for 2018 to
determine just how far off we were. From the continued expansion of the
economy to the booming industrial market, turns out we were pretty spot
on. We analyzed the 22 predictions below and how those trends all
played out (or didn`t)....
1. The Economy Will Continue To Expand...
2. Age Of The Cycle To Wear On Sector Fundamentals...
3. Retail Bankruptcies To Slow...
4. Multifamily Construction To Remain Near Cyclical Peak...
5. Deal Volume To Pick Up, Slowly...
6. Office Market To Remain Flat...
7. Industrial To Excel All The More...
8. Leisure Travel To Become Increasingly Important in The Hotel Sector...
9. Undervalued REITs To Bounce Back...
10. Caution Of Overvalued Stock Market...
11. CMBS Maturation To Slow...
12. Data Center Demand Will Not Taper Off...
13. Infrastructure Investment To Be A Priority For The Administration...
14. Investor Interest In Senior Housing To Soar...
15. Enrollment Headwinds To Put Pressure On Universities...
16. Compressed Cap Rates Could Improve In 2018...
17. Retail Bifurcation, M&A Activity To Persist...
18. Office Footprint To Continue To Shrink...
19. Strong Connectivity To Remain A Priority For Companies...
20. Tech Solutions Continue To Address Challenges In Construction...
60 Unit (5 building) apartment community on 7.33 acre wooded lot
located close to East Towne Mall. Currently 100% occupied. Property also
features 5 detached garages with a total of 47 stalls as well as a
small playground set. Buildings have 1 Bedroom/1 Bath units and 2
Bedroom/2 Bath units (2 Bedroom units have private balconies). All units
feature dishwasher and garbage disposal...
Join leaders from RSM’s national real estate practice on Tuesday,
Dec. 11, 2018, at 1 p.m. EST (Noon CST), for an update on the tax and
accounting developments, trends and policies affecting the real estate
Who should attend CEOs, chief financial officers, controllers, chief accounting
officers, tax directors, financial professionals and other finance
department members in the real estate industry
Date and time
Tuesday, Dec. 11, 2018
1 p.m. EST | Noon CST
One CPE credit will be issued to eligible participants
More information Email us or call + 1 800 274 3978
There`s a lot of talk about Opportunity Zones. Can anyone invest in them?
Investing in an opportunity zone is not for everyone, but for the right investor, it could be a once-in-a-lifetime tax break.
Opportunity zones are designated as economically distressed areas by each state and certified by the US Department of the Treasury.
As a result of recent tax reform,
opportunity zones have emerged as a way for distressed neighborhoods to
attract needed real estate development and for investors in these
projects to receive favorable tax treatment. Such investments could
allow you to defer capital gains taxes until 2026, reduce the amount of
taxes you owe by up to 15% and pay no taxes on the fund`s gains if you
hold it for ten years....
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.
Well, well, well, and if you could hear my voice saying that it would
sound like a gravely blues singer. Why, because it’s been a long week,
to say the least, and screaming over music and noise just to talk will
make your voice wear down and lower a few octaves no matter what.
So let’s get this started with the same thing I always say. This is
MY experience and these are my observations about NYC Real Estate Tech
Week 2018. MINE, not YOURS. You would think at this point it would be
mute but in the world we live in today…not so much.
Kicking off the week was Technology and Collaboration in the Built
Environment Presented by Propmodo hosted by Convene right in the middle
of Times Square....
Several federal agencies, including the U.S. Global Change Research Program, delivered a quadrennial report on
the potential effects of climate change and the country`s ability to
address them over Thanksgiving Day weekend. The report`s findings were
sobering, but did little to sway President Donald Trump, who publicly denounced the study upon its release....
Infrastructure Cities Economy Tourism Actions And Attitudes For Change
Though shoppers are increasingly spending
more time and money online, that doesn`t mean retailers should ignore
their stores. In fact, some of the biggest players in the industry are
spending billions of dollars to remodel their existing shops, hoping to
lure customers inside with more modern fixtures, easier checkout options
and online order pickup kiosks. That`s as Amazon
— many retailers` biggest threat today — is investing more in its own
real estate and opening stores ranging from its cashier-less "Go"
convenience shops, novelty "4 Star" locations and bookstores. It`s also shaking up the grocery industry with its acquisition of Whole Foods, pushing companies like Kroger to think outside the box, or partner with other retailers, as they try to grow. And it was also reported earlier this week that Amazon could test its cashier-less technology for bigger stores, something that could further challenge traditional retailers.
retailers need to give consumers a reason to visit stores instead of
making online purchases, and, to that end, an increasing number of
companies have started investing in stores," Hong Kong-based Coresight
Research analyst Albert Chan said in a research note. "We expect an
increase in retailers` capital expenditures to remodel stores as the
competition to attract store traffic intensifies against the backdrop of
increasing penetration of e-commerce."
Amazon.com Inc. and a Texas developer
will pledge to create 1,500 jobs and spend $200 million building an
ecommerce distribution center in Oak Creek under an agreement the city
also pledges $16.9 million in city financing to support the planned
2.6-million-square-foot building near Ryan Road and Interstate 94. It is
planned to open in the first quarter of 2020 and have 1,500 workers by
the end of 2021...
Ken Notes: This is like computers first there was the Mainframe (big distribution center) then they found you could use many smaller PCs (small distribution outlets) in something called distributive processing to do even more. Trust me Amazon will figure this out soon...
Exciting opportunity to lease brand new 1st floor office or retail
space in the Granite Ridge Apartment building. The complex houses 61
residential units above and 72 more in adjacent buildings providing
opportunity for customer convenience. Located near Madison College,
Truax Airport, and the busy Packers/Northport Ave make this location
One of the largest meetups of commercial real estate professionals
concluded last week in New York City. Propmodo kicked it off with
“Technology and Collaboration in the Built Environment” at the beautiful
4 Times Square building followed by a packed CRE-focused agenda hosted
by MIPIM PropTech and MetaPropNYC.
With over 2,000 attendees from around the world, the conversations
held on stage and amidst cocktail tables did not disappoint. However,
the discussions were almost without an important perspective – those who
know buildings best...
On the heels of voters approving the legalization of marijuana in
three more states, a survey of brokers by commercial real estate
software company Apto found that 85% would do another cannabis real estate transaction, despite the difficulty of negotiating deals.
Voters in Michigan legalized marijuana for recreational use, and
voters in Missouri and Utah legalized the use of medical marijuana. Now,
33 states and the District of Columbia have some form of legal
Brokers rated the difficulty of a cannabis deal compared with a
conventional deal at 8 on a scale of 1 to 10, with 1 being less
difficult and 10 being more difficult...
A wave of sameness has washed over new residential
architecture. U.S. cities are filled with apartment buildings sporting
boxy designs and somewhat bland facades, often made with colored panels
and flat windows.
Due to an Amazon-fueled apartment construction boom
over the last decade, Seattle has been an epicenter of this new school
of structural simulacra. But Seattle is not alone. Nearly every city,
from Charlotte to Minneapolis, has seen a proliferation of homogenous apartments as construction has increased again in the wake of the financial recession...
Orchard Pointe II is minutes to the Beltline, adjacent to Hwy 18.
It is shadow anchored by Super Target (one of only two in Wisconsin) and
Hy-Vee. The center features excellent visibility and frontage. There is
an end-cap for lease with ample signage opportunities. Co-tenants
include Elements Massage, The Flying Hound, The Joint Chiropractic, and
Mendota Springs Dentistry.
Stock market volatility may spur investors to allocate more funds to direct ownership of real estate.
The stock market’s recent rollercoaster, with October’s sharp correction
followed by a post-midterm election surge, can put the investment
community on edge, including commercial real estate investors.
“People who invest in real estate don’t invest in a vacuum,” says
Mark Dotzour, a real estate economist who spent 18 years as chief
economist of the Real Estate Center at Texas A&M University before
opening a private consultancy three years ago...
The commercial real estate brokerage industry is a challenging but
lucrative profession. There are ups and downs but those who are
passionate about the job with the strength to face the inevitable tough
times will succeed in the long term.
There isn’t a typical workday for a commercial real estate broker and
each day will vary depending on the firm, client requirements, level of
expertise and the particular sector a broker will focus on. The one
thing that is true for all CRE brokerage professionals, no matter the
specialization or role is that brokers spend a good portion of the day
tracking progress and making sure all components of a transaction are
moving along as efficiently as possible..
A Historic Hotel Restaurant known for its fine Swiss cuisine. 250
seat capacity that includes a full commercial kitchen, lounge w/unique
sunken bar, upper level dining rm w/fireplace & service bar, a main
dining rm w/dance floor & stage, a banquet rm & balcony dining
area, totaling 11, 560 sf. The Ticino Pizzeria (1,456 sf) and a cheese
shop & 4 hotel rooms, (upstairs) provides add`l revenue...
The company queried 120 global companies, finding that
space-as-a-service is rapidly becoming a new normal, as exemplified by
the growth of coworking space.
Recent estimates suggest that there are now almost 18,000 co-working
spaces around the world, Knight Frank reports, accommodating almost 1.7
million workers. These totals represent staggering growth of 3,500% and
8,000%, respectively, since the early 2010s...
RSK: Co-Working is a growing Phenom….. but for me, I still need a bit of privacy to get my work done!
Ken Notes: Remember your office space is about your work style. Do not build based on what works for others build based on what works for you and your team. One caveat, nicer office space with amenities and social space does increase productivity...
Ten years after the Great Recession roiled the global financial
system and sent the American economy into a tailspin, the U.S. has
roared back to boast an unemployment rate below 4% — a figure not seen
since the 1960s.
Yet, despite the influx of jobs, wage growth has remained stagnant,
leaving millions of middle-class Americans without savings, living
paycheck to paycheck as they continue to fight for what generations
before have taken for granted: decent, affordable housing...
Ken Notes: This is a real problem and because the margins are not there in small housing even companies like Veridian start in the mid 200K range. The 150K starter home we need is not there. Some of the Madison apartments will convert to condo to allow some to establish equity and rural developments will grow some starter homes. But this is a problem in need of a real solution...
The outlook for office and industrial sector remains mostly positive.
Real estate services firm Marcus & Millichap
presented its 2019 office and industrial forecast during a webinar on
Tuesday, signaling mostly positive outlooks for both sectors as the
industry nears the end of this economic cycle. Here are some key points
from the presentation.
All suburban office properties are not the same.
Single-asset suburban office sales were at record levels in the third quarter.
This economic cycle has been one of the longest in the U.S., but
one metric that could signal restrained growth is labor force shortages
Two big inflationary metrics to watch:
Industrial construction is slowing, but vacancies remain steady.
The city is planning to phase out the existing shops at Midway and replace them with 70 new retail brands by 2020
Renowned New York toy store FAO Schwarz will join a revamp of the
Midway Airport shopping concourse that’s on track to bring 70 new retail
brands to the airport by 2020.
FAO Schwarz applied for a permit to add a store sign in the airport,
according to city buildings department records. A city spokesperson
confirmed the lease Monday but did not say how much space the store
would take inside the city’s junior airport....
TODAY: 2018 Market Update – Presented by MB Financial Bank
December 11 @ 3:00 pm - 7:00 pm
CARW & NAIOP-WI bring you the 2018 Market Update presented by MB Financial Bank
This event is an annual check-in that provides a current and
comprehensive look at the state of the industrial, investment, office
and retail segments of the commercial real estate markets in
Without Toys R Us, an $11 billion toy industry has been left with no clear market leader.
toy retailer Hamleys is close to finalizing a deal where it would
secure roughly 30,000 square feet at 2 Herald Square, near Macy’s and
Victoria’s Secret, a person familiar with those negotiations tells CNBC.
The company is looking to grow in the U.S., as retailers like Walmart and Target are trying to sell more toys.
Without Toys R Us, an $11 billion toy industry has been left with no clear market leader.
Companies like Target, Walmart, Amazon and Kohl’s
are trying this holiday season to sell more toys to kids and their
parents, but the verdict is still out on which company will best fill
the void that Toys R Us left behind. Seeing a huge opportunity, one
iconic, international toy retailer could soon make its first move into
the U.S. with a flagship location in New York, and plans for a wider
rollout of stores to follow.
CBD office markets have benefited from the expansion of the co-working sector
and a desire by millennials to live near where their work, as well as
from empty nesters relocating to the cities from the suburbs, notes
Stephen Shapiro, senior managing director of the New York capital
markets and investment services group with Colliers International...
RSK: I just don`t see this happening here in our small market. Downtown is too entrenched and too much happening. The only thing that might change this is that bad transportation infrastructure we have and mass transit. Beltline is a mess at rush hour as well.
The average size of newly built apartments in 2018 is 941 square
feet, which is 5 percent smaller than it was a decade ago. For studio
apartments, the change is more pronounced — they`re 10 percent smaller.
Overall, including old and new apartments, the Southeast has the largest units in the nation, while California has the smallest.
Micro-units are becoming more popular, following on the tiny-house
trend, as millennials tend to be more environmentally conscious than
Apartments are getting smaller in much of the U.S., even as rents are rising.
The average size of newly built
apartments in 2018 is 941 square feet, which is 5 percent smaller than
it was a decade ago. For studio apartments, the change is more
pronounced — they`re 10 percent smaller. Rents, on the other hand, have
jumped 28 percent during the same time period, according to RENTCafe, a
nationwide apartment search website.
RSK: This can be a bit misleading. If just using sq. ft. and not volume or cubic sq. ft. the story may differ. Higher ceilings and fewer walls can make a smaller apartment feel much larger than it is. Same with larger windows.
Ken Notes: We are missing the boat in Wisconsin by not creating more opportunities for stick built Micro Housing think: vacation properties, retirement, student housing, homeless and low income, equity building starter properties. The apartment boom is because we are not building low cost starter homes with nice amenities in walkable neighborhoods...
With over 350 experienced real estate professionals, Knight Barry provides exceptional support and service. Visit our website for more information about our 50+ commercial and residential offices throughout
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People have been throwing axes for sport for thousands of years, but
the modern concept of a venue specifically dedicated to regulated ax
throwing started in 2010, when Matt Wilson founded Backyard Axe Throwing
League in Toronto after years of organizing it in his backyard. BATL
had grown a following when Matt and Krista Paton visited in 2015, fell
in love and co-founded Urban Axes in Philadelphia with partners Stu
Jones and Shaun Hurley the following year....
CBRE has brought on a former WeWork executive to work at its new coworking offering.
Robert Cartwright joined the new company, called Hana, in September as chief operating officer, The Real Deal reports. He was previously WeWork’s senior vice president of global operations, a position he left in August, according to his LinkedIn profile. He was also an executive at Starwood Hotels and co-founded a hotel development company.
CBRE launched Hana late
last month. The new business will not lease space directly, but will
work with landlords to create and run flexible office space on the
landlords` behalf. Its business model will be to generate money through
revenue and profit-sharing agreements with those landlords...
Starwood Capital Group CEO Barry Sternlicht was not happy about Amazon`s
HQ2 decision and is sharply critical of the way fellow billionaire Jeff
Bezos runs his company. The real estate executive also believes President Donald Trump`s immigration policies are hurting the U.S. economy, and he predicts a recession will come in 2020.
Sternlicht shared his strong opinions on these and other topics in a phone interview with Bisnow Thursday afternoon. The CEO will speak on Nov. 28 at Bisnow`s Multifamily Annual Conference East in Tysons, Virginia, alongside Greystar CEO Bob Faith,
with whom he co-founded Starwood in 1991. Sternlicht has since grown
Starwood to a global giant with over $50B in assets under management,
including major holdings in multifamily, hospitality and other
sectors. This interview has been edited and condensed for clarity...
RSK: I hate to tell you this Barry, but Main Street was wiped out of retail a long time ago. Now it is Boutique shopping and restaurants. People enjoy the camaraderie and the experience...what Malls are trying to do and Amazon may never do...unless they go to Brick n Mortar.
In the past decade, offices have already begun to evolve from the
dreary cubicles of workplaces past. But it’s only just begun, and the
next ten years will see even more dramatic changes, says David Thame
The last thing the office of the future will look like is an office. A
hotel, maybe. Perhaps an art gallery or a nice restaurant with gardens.
But not like an office. Definitely not.
This is the conclusion some readers have drawn from the blue-sky
thinking by MoreySmith, one of Europe’s leading design and architectural
firms. The consultancy has unveiled a Workplace Futures Report(1) in
partnership with The Future Laboratory, revealing what offices could
look like by 2025....
RSK: Very well written....who knows what the future office will look like.... it`s all just a snapshot in time as it keeps evolving and morphing.
Ken Notes: Why do we think there will be "The Office". The Office should and will be about corporate culture and workflow. Companies should know their employees and how they work most efficiently and then design spaces for this. Some will be open with ping pong tables others will be 8x8 sound proof cubes and mine will be a home on the Sugar River with a big deck...
Unique mixed-use space for lease or sale, located directly along Hwy 138 in Oregon, WI. The 3.2 acre parcel offers abundant outside storage, ample parking, and an opportunity for a building expansion or redevelopment. Ideal for commercial, retail, agriculture, and/or industrial tenants. ...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
Office landlords need to provide more than just a roof over workers`
heads. They now also need to use their real estate to impact their
tenants` bottom lines.
During Bisnow`sAtlanta State of the Market event Thursday, Transwestern Senior Managing Director Clark Dean
said office landlords need to start viewing their buildings as
“business ecosystems that are carefully curated to create specific
value” for tenants.
“Now [landlords] can start thinking about what businesses want to be
part of that business ecosystem to drive value for them to where the
value and business starts to transcend the rent,” Dean said...
is a startup that rethinks the traditional department store experience.
Co-founder and CEO Matt Alexander calls it “a department store with a
story.” Instead of a fixed landscape of racks and products from a finite
number of brands, Neighborhood Goods aims for a retail experience
filled with everything from unheard-of independent brands to huge
international brands hosting pop-ups within the store.
Alexander sat down with the Retail Gets Real team prior to the store’s grand opening on November 17, 2018, to share how he created the department store concept of the future and what he envisions it to be...
Malls and shopping centers across the U.S. are preparing to be hit by more store closures.
slew of specialty retailers like Gap and L Brands are getting serious
about downsizing, which will leave more vacant storefronts within malls
until landlords are able to replace tenants.
Meanwhile, a number
of e-commerce brands are looking to open stores, as malls add
co-working spaces and apartment complexes to the mix.
Mall and shopping center owners across the U.S. are preparing to be
hit by more store closures, following a brutal year that included
department store chains like Bon-Ton and Sears going bankrupt, Toys R Us
liquidating and even Walmart shutting dozens of its club stores....
Attendees at ICSC’s New York Deal Making conference say the string of retailer bankruptcies is about to end.
ICSC’s annual New York Deal Making conference got underway at the Jacob K. Javits Convention Center
this week, with industry insiders in attendance claiming the
months-long streak of retailer bankruptcies and store closings is
tapering out and the retail sector should have a stable year in 2019.
Here are some takeaways from Wednesday, the first day the trade show
floor was open....
Great investment opportunity! 48 +/- total acres; 17 acres zoned
A-2 with a conditional use permit for a quarry; 32 acres zoned
Commercial C-2. 36x90 Metal Pole Shed constructed in 2002; 44x75 Metal
Pole Shed with 12 ft eaves, 18x44 ft space heated. 30x50 Kiln Building
with a 16x50 lean-to; 14x50 lean-to & 12x14 lean-to. All buildings
and the quarry are leased. Small home on site also.
Convenient, main thoroughfare in Sauk City offers 10,000 square
foot tech-savvy business space that lends itself to a multitude of uses.
11 offices, 2 conference rooms, training room, break room, and lockers
for 100 employees. PCI DSS compliant physical plant, full service
electric and fiber optic options, climate controlled IT/Server room.
Confidential appointments , contact Deanna...
Brokers know that prospecting, nurturing relationships, and networking
are crucial for success in commercial real estate. One of the best (and
most fun!) ways to network with a lot of people in a short amount of
time is by attending industry events and conferences.
Conferences provide an opportunity to
meet with people you might not otherwise meet in your local market.
Beyond that, they often feature highly regarded industry speakers and
continuing education sessions that keep you up to date on the latest
trends and boost your industry knowledge. While there are many
conferences to choose from, here are the top 10 that we think brokers
should check out in 2019.
Electronic Safety and Licensing Application (eSLA) is now live for the
following: Delegated Agents, Dwelling Contractor Certifications,
Manufactured Homes Licenses and Titling, POWTS Plan Review, Soil
Certifications, Uniform Dwelling Code (UDC) Certifications, and UDC
Inspection Agency Registration. Public Lookup is also live for these
programs in eSLA.
Click here for more information on our new system.
first-time eSLA user must create a new account by clicking one of the
two options under the "New Users" heading on the left. Once you have
created your account, you will be able to log in under the "Existing
Users" heading on the right. Visit esla.wi.gov to get started....more
RSK: Might as well let the DSPS of Wis know how you feel...
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.
Ruedebusch Development & Construction, Inc. is a highly qualified,
vertically integrated full service commercial construction, and real
estate development company located in Madison, Wisconsin which offers:
Commercial Real Estate Development
Design Build Construction
Commercial Real Estate Brokerage
Economic Development, Commercial Real Estate, and Facility Consulting