This Weeks Articles...
AT&T surplus real estate auction set for October
Macy’s teams up with Google to help run its warehouses
Work, Ethics, Professionalism, and Hustle. Why Are You Hated For Just Doing Your Job?
Here’s Everything You Need To Know From WeWork’s Landmark IPO Prospectus
The 10 major U.S. cities where housing costs have increased the most
Building For Lease: Teton Oaks 6502 Grand Teton Plz 7633 Ganser Way - Suite 103 Madison WI
The Rise of the Virtual Restaurant
Building For Sale: Investment Portfolio
Millennials Care Most About Green Features In Their Apartments — Some Are Willing To Pay More For Them
Building For Sale: Investment Sale - 2919 Marketplace Dr Fitchburg WI
The World Is Your Office
Meet OpenSpace, The Construction Tech Startup That Just Raised $14M From WeWork and Others
Building For Lease: 208 S Main St Lodi WI
The Strength Of Workforce Housing As An Investment Class
Foot Locker Begins Aggressive Rollout Of Experiential Stores
Need a primer on a commercial subject -- try searching CirexNews: Search Here!
AT&T will sell 37 real estate properties this fall through Williams & Williams, a specialist in global live and interactive real estate auctions. The assets are located in nine states and are selling in a combination of on-site and online auctions organised between 16 and 25 October. Williams & Williams will conduct the auctions in conjunction with strategic broker partner JLL.
AT&T is offering each property separately for auction and most will come with leaseback deals in place. The properties include industrial and office, and several have potential for significant redevelopment. The properties are located in regional markets in AL, FL, IL, IN, LA, GA, OH, SC, TN and WI. Two properties in Opportunity Zones are in Marion, AL and Euclid, OH......more
Most of us have a general idea of what we as a society believe is a certain culture of work and professionalism. Of course, it’s taken in and observed differently depending on where you are on this planet exactly. Most of if not all of the people I work with and are around are what I would call borderline to extreme Type A people. They are flat out on their game 24/7/365 and that to me is just the norm. It’s how they are built. There are some that find it not only repulsive they have no comprehension of what real work is.
Working or The Grind.
I’m going to come at this from the point of view of a broker. It’s where I live......more
The parent company of WeWork
divulged more than 350 pages of financial information, risk analysis,
business plans and disclosures about the way it operates, including with
one of the most powerful men in real estate, its co-founder and CEO Adam Neumann.
The headline news was its losses, as it is for many “unicorn” companies with valuations like WeWork’s current $47B number. After $1.9B in losses last year, WeWork lost nearly $700M in the first half of 2019, and said it will likely continue to lose more money “in the foreseeable future.”......more
If you want to live in a big city but have a tight budget, you may want to avoid places such as Miami and and Denver, where housing costs are rising year over year.
That’s according to a recent report from Rent.com on the cost of city living, which analyzed data from the 2016 and 2017 editions of the U.S. Consumer Expenditure Survey, which is conducted annually by the U.S. Bureau of Labor Statistics. The report looked at the change in housing costs in 22 major metropolitan areas over 12 months......more
Corner suite with four private offices, open space or training room, conference room, small break area, reception......more
Food delivery apps are reshaping the restaurant industry — and how we eat — by inspiring digital-only establishments that don’t need a dining room or waiters.
SAN FRANCISCO — At 9:30 on most weeknights, Ricky Lopez, the head chef and owner of Top Round Roast Beef in San Francisco, stacks up dozens of hot beef sandwiches and sides of curly fries to serve hungry diners.
He also breads chicken cutlets for another of his restaurants, Red Ribbon Fried Chicken. He flips beef patties on the grill for a third, TR Burgers and Wings. And he mixes frozen custard for a dessert shop he runs, Ice Cream Custard......more
Gather your team of 4 – $20/team. Deadline is August 7th, but could fill up sooner. Space is limited! Backpack for Buddies: Please bring a NEW backpack to help us reach our goal of 100 backpacks for kids in need! Click on the link below for the registration form. Bocce Ball & Backpacks 2019Find out more »
5 buildings involved. 3 office/2 retail. 11669 sf,11669 sf., 8352 sf., 8351 sf., 14,928 sf.. 94.5% Leased. Seller will guarantee 100% occupancy at closing for 1 year. No deferred maintenance. CA required for numbers.(attached) All built in the 90s. All have great exposure and signage. Priced at 7% C.R....more
Among U.S. demographic groups, millennials care the most about having sustainable features in the apartments they rent, and even say they are willing to pay more for such green features, according to a new report by multifamily developer AMLI Residential.
Millennials reported feeling particularly concerned about climate
change and expressed a heightened desire to solve environmental
problems, followed by Gen X, Gen Z and lastly baby boomers, according to
the company`s third annual Sustainable Living Index, a survey of more than 3,500 AMLI apartment residents. ..
Single-tenant investment opportunity located in the Fitchburg Business Park. 1.19 acre parcel improved with a 16,083 sf flex building occupied by iCOMBAT. Tenant is a successful indoor tactical laser tag entertainment center with 3 locations in the midwest. Tenant recently renewed their lease....more
Most office jobs
these days require nothing more than a laptop, Slack, and killer
inbox-zero skills. Desktops are dinosaurs. Human contact is optional.
To landlords, this offers the exciting
prospect of hordes of office-less millennials roaming around with
never-ending work to do and nowhere quiet to do it.
Which is why we’re seeing every asset
class transform into coworking, and everything from churches to schools
to gyms to malls dedicating space for work. For some, it’s a part of
their core business model; for others, it’s a gateway space that
attracts foot traffic, anchors a community, and provides an excuse to
say “community” a lot...
Other participants in the financing included a mix of institutional venture firms (Goldcrest Capital, Navitas Capital and Zigg Capital), the venture arm of commercial real estate brokerage (JLL Spark) and a developer and construction company (Tishman Speyer and Suffolk Construction). Real estate developer and co-working giant WeWork also put money in the round....more
As the real estate cycle lengthens and property prices continue their decade-long rise, many commercial real estate professionals across the country are finding it increasingly challenging to identify value-add acquisition opportunities. In my view, one of the few exceptions to this rule is workforce housing.
The dearth of accessibly priced housing in major metros like San Francisco and New York City has been widely discussed, and in my mind, there is no question that our society has to do a better job of enhancing and expanding the stock of housing that is affordable to middle-income-earners. Fortunately, the current supply-demand dynamics have made workforce housing properties in strategic growth markets near city centers some of the most compelling investment prospects available today......more
7.5 Acres on the Sugar River in Paoli, this 10 unit mixed-use commercial/residential bldg has 10 unique, large units many with high vaulted ceilings overlooking the Sugar River. No one unit is alike. 7.5 acres, makes room for additional units or building, C1 zoning allows many uses. Real Estate only for sale. Building is fully leased. 48-hour notice for showings 10-12 on Tues & Thurs. Proof of funds availability needed......more
Foot Locker is rolling out larger, more experiential stores in collaboration with sports apparel giant Nike. The locations, known as Foot Locker Power Stores, will be roughly 9K SF, about four times as large as typical Foot Locker stores, and will include proprietary technology developed by Nike.
The footwear retailer is betting big on the new concept in the face of an ailing retail market — it plans to open as many as 50 such locations nationwide over the next two years. The latest location is opening on Aug. 10 in the Washington Heights neighborhood of Manhattan.
With the rollout, the company aims to reinvent its shoe stores to bring people in, despite competition from Amazon and other physical stores, CNBC reports......more
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: