Wednesday, May 23, 2018
Host: MIG Commercial Real Estate
Landmark Oaks, 2921 Landmark Place, Madison
Registration: 1:00 pm • Program: 1:30 pm
Commercial Development Updates
- City of Verona, Adam Sayre, Director of Planning and Development
- City of Fitchburg, Michael Zimmerman, Assistant City Administrator/
- Director of Community & Economic Development
- City of Middleton, Mike Davis, City Administrator
This is a FREE program. Seating is limited.
Please email firstname.lastname@example.org to reserve your spot.
May 9 @ 8:45 am – 5:00 pm
Join the Membership Networking Committee for a trip to Diamond Jo’s Casino!
The bus will load at 8:45 am and leave promptly at 9:00 am from the parking lot between AMC Fitchburg and PDQ, on McKee Rd. The bus will leave Diamond Jo’s at 3:30 pm, and return to Madison by 5:00 pm. The cost of the event is $20. Reservation must include payment by April 25th, space permitting….
View Our May Digital Version Online Here
Subscribe to Real Estate CIREX Digest
Subscribe to CIREX to receive our monthly Real Estate Digest in PRINT.
- Hundreds of property listings, organized for easy browsing.
- New properties are featured every month.
- Property/Drive CIREX Members alphabetically listed in our extensive directory.
As Amazon remains seemingly unstoppable and the struggles of physical retailers like Toys “R“ Us continue to make headlines, two trends in retail seem irrefutable: E-commerce will only get bigger, and physical retail needs to figure out how to reinvent itself. But some of the economic pressures facing both industries are changing the value equation. For the first time since the dawn of e-commerce, physical retail might find itself with some cost advantages over e-commerce firms — especially those not named Amazon.
SAN FRANCISCO — The East Coast bested the West Coast in Amazon`s second-headquarters sweepstakes.
The online retailing giant announced the finalists for its so-called HQ2 Thursday, a surprisingly long list of 20 cities and states culled from an unwieldy 238 that began the process.
The nearly two dozen now double down to compete for a $5 billion capital investment and 50,000 new tech-oriented jobs…
Fully leased / 100% occupied by long time personal service businesses with long leases. Note: There is a reason why they are staying. Price to sell: $593,500 Cap Rate = 8.5
Mall owners are spending millions – and in the case of the Westfield Century City in Los Angeles $1 billion – on makeovers to keep their retail centers fresh, hip and inviting.
It’s hard to ignore the headlines screaming “retail apocalypse” these days, particularly when a steady stream of big players go out of business and store closures reach new highs. Cushman & Wakefield reports that major chains closed almost 9,000 stores in 2017, more than double the 2016 total. Retail bankruptcies reached 36 last year, only one shy of the record set in 2009.
Garrick Brown, Cushman & Wakefield’s national retail research director & vice president for retail intelligence, expects those negative headlines to continue, projecting that as many as 1,000 department stores could shutter their doors by the end of the year. Those closures tend to hit Class B and Class C malls particularly hard…
A report from Bloomberg, which reviewed the bond documents, showed that the company valued at $20B has an eye-watering rent bill and lost money last year, but is growing its membership and its occupancy.
WeWork has a global portfolio of 14M SF across 234 locations comprising 251,000 desks, the bond documents said. It has 220,000 members, up from 7,000 four years ago. It said that it had an 81% occupancy rate at the end of 2017, up 5% on the year before, and needs a location to be 60% occupied to make a profit.. …more
It’s not so much the magic mirrors — or the virtual-reality headset that transports a shopper to the holographic kitchen of their dreams — that will bring new relevance to traditional retail stores as Amazon encroaches.
It’s the unsexy technology that makes shopping easier, faster and more customized — the spot-on product offer, the no-fuss retrieval of an online order in store— that’s more apt to update the shopping experience in meaningful ways.
In commercial real estate, it is crucial to be in tune with the ebbs and flows of the marketplace because timing everything. These fluctuations dictate when you buy, sell, or hold in order to maximize the return on your investments. This rings true regardless of region or asset class your firm focuses on. As new real estate opportunities emerge and others fall by the wayside, an increasing number of technology solutions for CRE owners and operators are arriving with the goal of improving and driving business success. Whether you need to make data more digestible and actionable, improve your client communication, or add efficiency to transactions – there is a solution out there for you…
Expect Professional Management with a Personal Touch
with every T. Wall Urban Village.
(608) 575-1018 or Contact@TWallEnterprises.com
10-Year Treasury Report
Special Research Report
10-Year Treasury Breaks 3 Percent; Higher Rates a Positive Sign for Commercial Real Estate?
Rising interest rates spark fear from investors but reflect persistently strong economic growth that underpins commercial real estate performance. The 10-year Treasury rate inched past 3 percent for the first time since late 2013…
May 9 | 4:00 – 5:30 PM
CARW Training Room
May 14- 19
NAR Mid-Year Conference
May 21 | 11:45 AM-1:15 PM
Lunch and Learn
CARW Training Room
2.63 acre prime commercial lot on Hwy V with 293 ft frontage. It sits directly across from Comfort Inn & next to Exxon Gas Mart.Located just 500 yds from interstate interchange, it has excellent exposure to high volume traffic counts. All utilities available.B-3 zoning in DeForest ETZ District permits a wide variety of uses. Call Jim Bisbee 608-219-4819 Sales price $405,000
CBG Sporting Clays Event on 5-22-18
Date: Tuesday, May 22nd, 2018
Time: 03:30 PM
CBG Sporting Clays Event on 5-22-18
Please register for our 4th CBG Sporting Clays summer social event at the Waunakee Gun Club on Tuesday, May 22. Shooting is optional and all are welcome to come out and socialize. Schedule will be shooting from 3:30 – 6:00 p.m. followed by food and drinks.
CBG Meeting and CE -(course TBD)
Date: Wednesday, June 13th, 2018
Time: 7:15 AM
Save the date for hosting our breakfast meeting and & CE (course TBD) on Wednesday, June 13, 2018. More details to follow. The breakfast meeting schedule is:
7:15 to 8:00 breakfast and networking
8:00 to 9:00 meeting
9:00 to noon CE. This continuing education class will be taught by Reinhart Boerner & Van Deuren, s.c. This approved course will count towards the credits needed for Wisconsin licensee renewal.
Congrats Deal of the year winners… Presentation Here!
Note from RSK: At our CBG Madison meeting on Wed. April 11th, CARW and Catalyst gave a demonstration on their property data system. To find out more go here. It is no charge for a few months.
Actually, there is no charge to list properties on the system… just to use the data and view properties. This is the opposite of Property Drive which charges for a listing but allows anyone to view the data and properties. We are neither endorsing or directing you to join Catalyst but want you to have the information to make a choice on your own company`s needs.
See More Here:
Wisconsin Commercial Real Estate will be hosting a broker luncheon at 1345 Deming Way (former Globe University) in Middleton on May 18th. During the luncheon we will present the many space options that are available at 1345 Deming Way, along with the building expansion capabilities. In addition, we will provide an overview of the new 20 acre mixed use project (RETAIL, RESTAURANT, OFFICE, RESIDENTIAL) located at the corner of Grand Ave. and Main St. in Sun Prairie.
More information about the event including the timeline will be sent out next week. Before deleting this email, please insert “lunch at 1345 Deming Way on 5.18.18” in your outlook calendar.
Wisconsin Commercial Real Estate
The new company, to be called T-Mobile, would be headquartered in Bellevue, WA, with a second headquarters in Overland Park, KS, according to the companies…
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!
Before I get started let me give all the linkbacks and credit to the Bisnow team, Mark, Champaign, and the author Jon Banister.
It’s their story and all credit for the research, reporting, and writing go to them.
Again And The Headline Reads “CoStar Prepared To Sue Thousands Of ‘Freeloaders’ Who Use System Without Paying.”
*What follows is a work of fiction. Names, characters, businesses, places, events, locales, and incidents are either the products of the author’s imagination or used in a fictitious manner. Any resemblance to actual persons, living or dead, or actual events is purely coincidental.
The story begins…..
Landmark historic Madison restaurant on the market for the first time in 41+ years as the owners are ready to retire. 5,561 SF building on a 1.04 acre lot with plenty of parking. Sale also includes a rental property located on the adjacent parcel at 2912 E Johnson St. consisting of 3 apartments – one 2 bedroom – 1 bath unit on the first floor and two efficiency units on the 2nd floor…
After winning a yearlong legal battle with its largest competitor over alleged data theft, CoStar Group is now turning its attention toward individual users stealing access to its platform.
Historic brick building w/ unlimited potential, approx. 24,000 sq. ft. Character abounds in the heavy wood beams, wood floors, brick interior walls. ADA compliant restrooms, new HVAC system, elevator, updated electrical systems, energy efficient windows. Onsite parking plus additional parking lot across street. From Waterloo 15 minutes to I94, 20 minutes to Hwy 151…
Offering real estate services and design-build construction solutions for growth oriented clients… …more
Max Contig sf: 1,108
Rent PSF (Annual): $14.00-$15.00
Zakkery Shoup would welcome the bevy of new tech like mobile ordering apps and self-service kiosks at Taco Bell, where he works — that is, if it weren`t always breaking.
“We deal with a lot of faulty equipment that seems to constantly stop working,” the Tennessee resident told Business Insider.
While the introduction of new equipment at fast-food restaurants is driving up stock prices, they`re frustrating employees like Shoup who have to use them every day…
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