Commercial real estate comes to reality TV, a rush to get across town in Los Angeles, and brick-and-mortar’s resilience – it’s all here in the Commercial Real Estate News Roundup For July 30, 2014.
A DC building goes public, $3 billion in deals in Chicago’s first quarter of 2014, a car wash moves for many millions, and malls grasp for ballast. It’s all in this week’s Commercial Real Estate news roundup.
The Real Estate Advantage (REAL 504) loan program is a key platform in the federal government’s business development role. Administered through the Small Business Administration (SBA), the REAL (504) loan is for small business to acquire real estate and equipment. While it’s not the only loan program the SBA offers — the full range of loan and grant programs can be seen here — the REAL (504) loan is a welcome topic at the real estate deal table when it’s time for a business to expand operations and acquire a larger footprint.
Entrepreneurs invent a self-storage solution that comes to you, five-year market peaks , international tenant representation comes to the nation’s capital,
- Three reasons why the Savills-Studley deal is a game-changer for D.C.’s real estate market, Washington Business Journal, May 1, 2014 – The tenant rep game in Washington, D.C. probably won’t look the same after a major deal unites two firms.
- Commercial properties filling up, South Jersey real estate agents say, Press of Atlantic City, May 4, 2014 – While new construction hasn’t moved the needle, the supply of commercial footage in and around the southern stretch of the Garden State is at a five-year low.
The US is in the middle of a major evolution in policy concerning cannabis. In an era of legal supply and demand for pot, where are the commercial property opportunities?
In twenty-one of the fifty states, marijuana legalization laws have passed. While federal law bans all sale and possession of cannabis, enforcement in states varies quite a bit. Washington and Colorado have repealed state laws prohibiting the recreational use of cannabis, choosing a regulatory regime that is contrary to federal statutes. The gap between the federal “war on drugs” and state’s rights has never been greater and only shows signs of widening.
National Association of REALTORS® affiliates CCIM Institute and the Institute of Real Estate Management will be well represented at the International Council of Shopping Centers’ RECon 2014, May 18-20 in Las Vegas. IREM is sponsoring a panel session, Tackling Today’s Marketing and Leasing Challenges From the Management Perspective, which features retail experts Mez R. Birdie, CPM, CCIM and Yvonne A. Jones CPM, CCIM. With moderator Randy Woodbury, CPM, the panel will discuss trends including omni-channel retailing, marketing plan development, tenant retention, pop-up retail, and more.
A Nevada rancher skips on rent while offering a novel excuse, the National Science Foundation lays a new foundation, cheap natural gas lights up Red Stick, two tales of Denver — it’s all here at the Commercial Real Estate News Roundup for April 22, 2014.
Once you start counting things, it can be hard to stop. Commercial property in operation presents a huge number of things to count, and it’s only with modern technology tools that we can handle that data on an ongoing basis.
Every type of commercial property from industrial to retail to office offers a universe of data to be collected. In order to find hidden value, areas for improvement, or to create comparative statistics to increase efficiency in property operation, we can count a property’s various dollar flows, square feet, degrees fahrenheit, kilowatt hours, air pressure psi — the list goes on and on. Unlike decades past, thanks to the sharp rise in automated building operations systems, these variables are increasingly being sucked into computers, where all huge piles of data belong.
Population trends in many major metro areas include a reversal of the traditional flow of adults from urban centers into suburban enclaves. Increasingly, these suburbs are greying demographically while thirtysomething workers and apartment dwellers prefer to stay close to the urban action.
Accredited Land Consultants (ALCs) are more than just land professionals, they are the most accomplished, experienced, and highest performing land experts across the country. They specialize in agricultural land, timberland, ranch, and recreational properties, or vacant land for developments. More information.