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CirexNews - CRE and Investment News

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...
Click to Display / Share This Note - Vol: 3 - Wk: 100 Date: 9/22/2020 9:36:28 AM

Amazon To Build 1,500 New Last-Mile Warehouses In Arms Race With Walmart

RSK: Sounds like they might be demolishing dead malls for their expansion rather than occupying unused portions of some anchors like JCP. There might be some zoning problems to that effect.

Ken Notes: My crystal ball suggests that Amazon will make a play in the bankruptcy market if they can find a failing retailer who actually owns their brick and mortar. Did you know that McDonnalds makes most of its income by leasing its properties to franchisees.
Click to Display / Share This Note - Vol: 8 - Wk: 39 Date: 9/22/2020 8:37:40 AM

RASCW Upcoming Events
Click to Display / Share This Note - Vol: 6 - Wk: 100 Date: 9/22/2020 7:51:11 AM

Fed Signals Rates Will Stay Near Zero for at Least Three Years

RSK: If you have not already done so, check out the possibility of refinancing your properties. Might just keep you in the game.
Click to Display / Share This Note - Vol: 8 - Wk: 39 Date: 9/22/2020 8:22:17 AM

High Point Office Park
High Point Office Park is an 11-building, 217,418 square foot office park located in one of Madison, Wisconsin’s finest western locations.
Click to Display / Share This Note - Vol: 4 - Wk: 125 Date: 9/1/2020 9:11:40 AM

Survey: Cyber Monday to dethrone Black Friday this year

RSK: Looks like another day off from work to me...but with covid 19 what`s the difference I guess. Curbside pickup will be in huge demand.

Ken Notes: Has anyone stopped to think how much Amazon has made during the Pandemic? "Amazon shared its quarterly results, and they`re quite the opposite of gloomy. Despite the pandemic, Amazon doubled its net profit year over year to $5.2 billion, compared to $2.6 billion at this time in 2019."
Click to Display / Share This Note - Vol: 8 - Wk: 39 Date: 9/22/2020 8:46:14 AM

NMHC Rent Payment Tracker

RSK: They percentage of people who are paying their rent is slowly dropping each month. I assume it will continue, especially with a moratorium on evictions.
Click to Display / Share This Note - Vol: 8 - Wk: 39 Date: 9/22/2020 8:19:34 AM

ARTIS REIT / Madison Lifestyle Office Portfolio
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.
Click to Display / Share This Note - Vol: 10 - Wk: 125 Date: 8/19/2020 7:07:15 AM

WeWork Looks at the Office Market’s Post-COVID Future

RSK: What is not spelled out here are the charges for more space per individual. Are they just giving people more space for distancing at no additional charge?
Click to Display / Share This Note - Vol: 8 - Wk: 39 Date: 9/22/2020 8:16:04 AM

September 2020 - Cirex Digital Version
Click to Display / Share This Note - Vol: 3 - Wk: 125 Date: 9/1/2020 9:15:02 AM

A Wave of Distressed Real Estate is on its Way, Says NAI’s Jay Olshonsky

RSK: Not painting a pretty picture here are they.

We will need to get investor money into the market because as this continues banks are going to tighten up...
Click to Display / Share This Note - Vol: 8 - Wk: 39 Date: 9/22/2020 8:25:35 AM

Mid-America Real Estate Group
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.
Click to Display / Share This Note - Vol: 4 - Wk: 125 Date: 8/4/2020 7:30:26 AM

What will offices look like in the post-pandemic future? This Hollywood space offers a preview

RSK: Great idea. The only problem I see is the areas local climate and the amount of land needed since this is a horizontal rather than a vertical development. Wonder what one might look like here in the frozen tundra of Wisconsin?

Ken Notes: I promise a simple personality survey will quickly suggest that companies need a mix of office options based on what coaxes the most production out of individual employees. Want proof survey you employees on Covid masks. If everyone says the same thing you have a huge problem!
Click to Display / Share This Note - Vol: 8 - Wk: 39 Date: 9/22/2020 8:53:19 AM

Commercial Brokers Group, Inc.
Click to Display / Share This Note - Vol: 3 - Wk: 100 Date: 8/11/2020 8:09:44 AM

Few employees want to work exclusively from the office anymore, Slack survey shows

RSK: I can see this. A mix but I believe collaboration will still be very important...and that is real face to face time....not just face time.

Ken Notes: Companies will need a new metric to see how productive employees are from home. If they can do this home may be a good thing, but again every employee will find their sweet spot in a slightly different environment...
Click to Display / Share This Note - Vol: 8 - Wk: 39 Date: 9/22/2020 9:09:38 AM

NYC Restaurants Will Soon Be Allowed to Add Up to 10 Percent Surcharge to Diners’ Bills

RSK: This is supposed to continue even after the pandemic ends? Hmmm...wonder if patrons will put up with this. I know this is done with private clubs and restaurants but this is new. The only good thing about it is there looks to be no sales tax on it and the restaurateur can us it for whatever he wants other than tips and wages.

Ken Notes: I do not get this any restaurant could just adjust their prices anyway???
Click to Display / Share This Note - Vol: 8 - Wk: 39 Date: 9/22/2020 8:56:32 AM

The Gialamas Company, Inc.

The Gialamas Company`s premier development. The park has over 57 buildings containing 200+ companies, occupying over 3.0 million square feet.
Click to Display / Share This Note - Vol: 4 - Wk: 125 Date: 9/1/2020 9:11:56 AM

9 retailers that are avoiding the industry’s shakeout and opening stores

RSK: One key ingredient is most of these stores are not in Malls, while others are on the bargain end some are high end. Very interesting links...
Click to Display / Share This Note - Vol: 8 - Wk: 39 Date: 9/22/2020 8:59:48 AM

CARW 2020 Events and Resources

Ken Notes: Thank you Tracy Johnson President and CEO of CARW for keeping me in the loop. Note CARW events have all moved online and I have not found another organization that has reacted as effectively as CARW to the new realities....
Click to Display / Share This Note - Vol: 4 - Wk: 100 Date: 9/22/2020 7:52:12 AM

Retail-to-Logistics Conversions Won’t Be Quick or Easy: Prologis

RSK: This article nails it! There are 4 main challenges to re-purposing retail into distribution and other uses.
Click to Display / Share This Note - Vol: 8 - Wk: 39 Date: 9/22/2020 9:14:44 AM

Reinhart Boerner Van Deuren s.c.

With the largest Real Estate Practice of any law firm in Wisconsin, Reinhart offers clients custom-tailored real estate insight.
Click to Display / Share This Note - Vol: 6 - Wk: 125 Date: 12/3/2019 7:54:33 AM

Culver Franchising System president and CEO Joe Koss to retire at the end of the year

RSK: Joe did an excellent job but of course Culver`s has a great product and business plan....one of the few fast food places I still go to.
Click to Display / Share This Note - Vol: 8 - Wk: 39 Date: 9/22/2020 9:04:19 AM

building for lease - Cornerstone 2831 Parmenter St, Middleton, WI 53562
Click to Display / Share This Note - Vol: 8 - Wk: 39 Date: 9/22/2020 9:29:14 AM

Johnny Delmonico`s
Click to Display / Share This Note - Vol: 8 - Wk: 125 Date: 9/1/2020 9:19:02 AM

Red Lobster is adding a Mountain Dew margarita to the menu and people are freaking out

RSK: OMG! Is nothing sacred in 2020?

Ken Notes: As a professional bartender in my spare time, This is just wrong!
Click to Display / Share This Note - Vol: 8 - Wk: 39 Date: 9/22/2020 8:14:20 AM

Knight Barry Title Group
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 Wisconsin, Michigan, and Minnesota.

MADISON: 2450 Rimrock Road, Suite 204, 608-255-2700
CAP SQUARE: 44 E. Mifflin Street, Suite 101, 608-255-2700
Click to Display / Share This Note - Vol: 3 - Wk: 125 Date: 5/12/2020 6:55:52 AM

The Brew Crossword: September 21, 2020
Click to Display / Share This Note - Vol: 8 - Wk: 39 Date: 9/22/2020 9:26:43 AM

FoodFight Restaurant Group - WELCOME
Support your local restaurants and order online today!
Click to Display / Share This Note - Vol: 3 - Wk: 125 Date: 4/7/2020 7:53:46 AM

Building For Lease: 2000 Atwood Ave Madsion WI
Click to Display / Share This Note - Vol: 8 - Wk: 102 Date: 7/21/2020 10:06:40 AM

Business for Sale: Restaurant/Confidential - Beltline Hw
Click to Display / Share This Note - Vol: 8 - Wk: 100 Date: 7/21/2020 10:07:45 AM

Crown Commercial Real Estate/Development, LLC
Click to Display / Share This Note - Vol: 4 - Wk: 125 Date: 2/5/2019 8:53:21 AM

Building For Lease: 2017 Winnebago St Madison WI
Click to Display / Share This Note - Vol: 7 - Wk: 100 Date: 7/21/2020 10:09:17 AM

Building For Sale: 2958 E Washington Ave Madison WI 53704
Click to Display / Share This Note - Vol: 7 - Wk: 100 Date: 7/21/2020 10:13:27 AM

Building For Lease: 1310 & 1320 Mendota St Madison WI
Click to Display / Share This Note - Vol: 7 - Wk: 100 Date: 7/21/2020 10:14:00 AM

The WRA wants to help.
Click to Display / Share This Note - Vol: 8 - Wk: 100 Date: 4/21/2020 9:18:03 AM

Recent sponsors below...
Click to Display / Share This Note - Vol: 6 - Wk: 100 Date: 4/10/2018 10:09:57 AM

Flad Development & Investment Corp.

Since 1975, Flad Development & Investment Corp. has emerged as a leader in the development of quality commercial real estate projects in Madison and Milwaukee.
Click to Display / Share This Note - Vol: 5 - Wk: 100 Date: 8/6/2019 4:49:01 AM

Ruedebusch Development & Construction
Click to Display / Share This Note - Vol: 4 - Wk: 100 Date: 12/3/2019 7:53:42 AM

MIG Commercial Real Estate
"The attention to detail, preventative maintenance, and proactive communication exhibited by MIG makes them a true business partner."
Click to Display / Share This Note - Vol: 4 - Wk: 100 Date: 9/3/2019 7:30:47 AM

Evans Properties, LLC.
Professional Real Estate Management and Sales
Click to Display / Share This Note - Vol: 4 - Wk: 100 Date: 12/5/2017 2:33:08 PM

T. Wall Enterprises
Click to Display / Share This Note - Vol: 6 - Wk: 100 Date: 12/4/2018 8:42:26 AM

IA Management
IA Management is a full service property management company located in Madison, Wisconsin. Our objective is to be a profitable leader in both commercial and residential real estate.
Click to Display / Share This Note - Vol: 5 - Wk: 100 Date: 8/4/2020 7:29:52 AM

Wisconsin Commercial Real Estate
Our focus is your focus, our goals are your goals.
Click to Display / Share This Note - Vol: 6 - Wk: 125 Date: 4/7/2020 7:23:33 AM

Madison Commercial
Click to Display / Share This Note - Vol: 6 - Wk: 100 Date: 7/3/2018 6:37:03 AM

NAI Madison
Click to Display / Share This Note - Vol: 7 - Wk: 100 Date: 9/3/2019 7:32:23 AM

Masters-hall Appraisal
Click to Display / Share This Note - Vol: 6 - Wk: 100 Date: 11/6/2018 8:17:32 AM

ST. Johns Properties
Five flex/R&D buildings - 138,000+ sq. ft. - Hwy 51 and Hoepker Road - High End Image - Affordable and Flexible Floor Plans - Warehouse - R&D, Light Manufacturing - Showroom
Click to Display / Share This Note - Vol: 6 - Wk: 100 Date: 9/3/2019 7:31:10 AM

Compass Properties
Click to Display / Share This Note - Vol: 7 - Wk: 100 Date: 10/1/2019 7:22:02 AM

Fiore Companies, Inc.
Click to Display / Share This Note - Vol: 7 - Wk: 100 Date: 3/3/2020 8:19:51 AM

Keller Real Estate Group
Keller Real Estate Group Understands Local Business Real Estate Needs
Click to Display / Share This Note - Vol: 8 - Wk: 100 Date: 6/2/2020 11:32:20 AM

Eldorado Grill
744 Williamson St.Madison, WI53704 608.280.9378 Hours Sunday - Thursday 4PM - 9PM Friday - Saturday 4PM - 10PM
Click to Display / Share This Note - Vol: 8 - Wk: 100 Date: 9/1/2020 9:15:38 AM