Monthly Archives: March 2011

Changing attitudes as big a culprit as slow economy in retail’s struggles

How many Targets does one city need? How many Walgreens or CVS pharmacies? The odds are good that you live within a short drive of at least one Target, possibly two or three. Same with the Walgreens and CVS. But … Continue reading

Posted in retail, Uncategorized | Tagged , , , , | 1 Comment

Speculative construction to begin in 2012? Maybe…

The past few years, if you wanted to get a laugh out of a lender, all you had to do was pitch them a speculative construction deal.  You would probably still elicit a few chuckles today as well, but according … Continue reading

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Predicting the future of commercial real estate: Bravery matters

Bravery matters when your job is to forecast the fate of the commercial real estate industry. Just ask Hessam Nadji, managing director of research and advisory services with Marcus & Millichap Real Estate Investment Services. He oversees the researchers at … Continue reading

Posted in national commercial real estate | Tagged , , | 1 Comment

Rebuilding by streching your borders

Opus Development Corp. suffered mightily during the country’s recession. Today, the company is aggressively rebuilding itself. And to do so, it’s reaching far beyond the borders of its home state. Iowa, for instance, has become a key state for the … Continue reading

Posted in Des Moines commercial real estate, Minneapolis commercial real estate, Uncategorized | Tagged , , , , | Leave a comment

Healthcare freeze proves it: Politics does matter (sometimes)

What impact do politicians really have on the commercial real estate market? We hear legislators debating policies and issues. And then it seems as if all this debate and posturing results in nothing. Don’t tell that to Mike MacKinnon, though. … Continue reading

Posted in Chicago Commercial Real Estate, healthcare, Uncategorized | Tagged , , , | 1 Comment

Percentage of CMBS Loans Paying Off at Balloon Holds Steady

Trepp, LLC, a provider of CMBS and commercial mortgage information, recently released its February Payoff Report for fixed rate U.S. conduit loans. The percentage of loans paying off at their balloon date held steady in February at 38.4 percent, and … Continue reading

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Consistent resiliency: Omaha leads the way in stability, even today

Kyle Peterson doesn’t regret, not for a moment, working in Omaha. Peterson, senior vice president and managing director of brokerage for that city’s Grubb & Ellis|Pacific Realty brokerage, said that he’s seen few, if any, cities that have fared as … Continue reading

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We’re pessimistic in the Midwest about our home values. And who can blame us?

Hoping to sell your home in 2011? Watching the residential real estate market carefully because you know that if it goes on the upswing the commercial real estate market will, too? Well, don’t read this post. A new survey from … Continue reading

Posted in residential real estate | Tagged , , , | 1 Comment

The industrial market is in recovery mode. Isn’t it?

How do you determine when a particular commercial real estate segment is in recovery mode? That’s the challenge that officials at CB Richard Ellis faced when preparing their first quarter industrial market report this year. In the report’s summary page, … Continue reading

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World Group’s Magid: Until rents go up, don’t expect new industrial development

Trenton Magid is definitely an optimist when it comes to his city of Omaha. Magid, principal of Omaha’s World Group Commercial Real Estate, reeled off a long list of reasons why this Nebraska city has performed so well during the … Continue reading

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