Office sharing giant WeWork has launched WeMrkt in New York City, which is a reinvention of the company`s Honesty Market. The first of the new stores is located at the 205 Hudson WeWork location in Lower Manhattan, with plans to expand to other locations in New York and then nationally soon after.
The shop offers a small but curated array of items, including snacks, office supplies and WeWork-branded apparel….
Ken Notes: It will be interesting to see if the private sector can replace the Public Market, I believe this may be the new mall and a great retrofit for the old mall. “Test your retail concept here!” Self-serve self-pay could easily be updated with an auto pay that is supervised like every big box now offers…
Date: Wednesday, August 8th, 2018
Time: 4:00 PM
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:
Many are in testing stages, trying to find the right size in the right market as they compete in a crowded sector.
Some well-established,casual-dining chains are rolling out more modern, fast-casual concepts to try to attract younger diners.They include Cracker Barrel, Tony Roma’s, Hooters and Denny’s.
These older chains want to capture market share in the hot fast-casual sector.After all, millennials dine out or get takeout five times a week, according to a study by Bankrate.com. That’s compared with just 2.5 times for boomers.
Since these chains have decades of experience in the restaurant business, spinning off a fast-casual concept to help revitalize their brand may be a natural progression…
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…
Strong demand for industrial space is pushing developers to undertake speculative projects like Hays Commerce Center in metro Austin. Hillwood and HPI are co-developing the facility.
Ken Notes: When I was Mayor in Neenah we had a developer in our industrial park that built 4plex industrial spaces that cash flowed when half (2 of 4) were rented, the businesses then knew they had the ability to expand in place. Brilliant and he did very well because as they expanded is was pure profit.
The big picture when it comes to data centers, according to the speakers at Bisnow`s Data Center Investment Conference & Expo South, is very big indeed.
Increasing connectivity and other factors mean that roughly 600 zettabytes of new data is created each year (that is 600 trillion gigabytes), which is about 200% more traffic than current data centers can handle. To keep pace with the growth of data, the industry is going to have to build about 4,000 new facilities — on average 200K SF, 25 megawatt facilities — by 2020, the speakers said….
Ken Notes: Where is where the fiber is, and FYI Verona and Fitchburg have an abundance of it. Also they are just rural enough, close to a metro, and priced right. I can help you market this if you are interested…
The Ella’s Deli carousel may whirl again.
Epic Systems Corp. has bought the former Madison restaurant’s historic outdoor carousel and the collection of whimsical art and toys inside that made Ella’s Deli a favorite of children and adults alike before it closed in January after 41 years.
“It’s really good news. It all happened very, very fast,” said Ken Balkin, who owns the Ella’s Deli building and business with his wife, Judy. “Epic Systems has purchased the carousel and the art collection and they’re going to carry it forward into their campus in a real positive way.”
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- P.F. Chang`s owner said Friday it has retained Bank of America/Merrill Lynch and Barclays to explore a possible sale of the Chinese food chain.
- Centerbridge acquired P.F. Chang`s in 2012 and recently separated it from Pei Wei Asian Diner, creating two distinct businesses.
- Centerbridge said it received “multiple unsolicited indications of interest” for P.F. Chang`s…
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
People respond well to those that are sure of what they want,’ Vogue editor Anna Wintour once remarked. ‘What people hate most is indecision.’
In essence, that’s the role of a great editor: to take a point of view on the world and clearly express it through the pages of a magazine. It’s about bringing a singular vision to life and selling that vision to as many people as possible. It is not just about chasing what’s popular, reflecting public opinion or playing to generic trends. It’s about having a clear message that helps their publication stand out from the crowd.
At first glance, this may not seem to shine much light on today’s retail landscape, but at Appear Here we believe shopping destinations could massively benefit from an editorial eye…
A good editor provides the glue that holds a magazine together…
The annual “The State of Retailing Online” study conducted by NRF and Forrester examines the impact of ecommerce and provides key metrics for benchmarking. The survey examines retailer attitudes and investment levels for critical digital commerce issues. This year’s results demonstrate that the line between the digital and physical worlds is blurring as the retail landscape continues to evolve, with many retailers focusing on digital store initiatives in 2018.
Key findings from this year’s report include:
- Net-net, stores are growing:…
- Omnichannel remains a key store investment area: …
- Digital retail continues to be the bright spot it’s been for years:..
Google announced a tie-up with French supermarket giant Carrefour, which will see the company sell its groceries on Google’s new dedicated French shopping site starting next year. Carrefour groceries will also be available via Google-operated connected speakers and voice-assisted devices. …more
Ken Notes: I think Amazon is here to stay, watch for them to enter new and larger item markets in the future as they solve last mile delivery issues.
4001 Felland Road, 100% warehouse with drive-in door. Available November 1, 2018.
Landlords could start charging per person instead of per foot if co-working advocates have their way.
As the industry’s office space continues to evolve rapidly, executives of companies that creatively fill space office market and its valuation model needs to catch up.
“If you think about a building whether it’s a retail or office as a marketplace with a captive audience, the ways you start to think about how to monetize that audience can be tremendous,” said Ryan Simonetti, co-founder of fluid meeting space company Convene…
July 11 | 4:00 – 5:30 PM
CARW Training Room
July 11 | 11:45 AM-1:15 PM
Lunch and Learn
Ballpark Commons Development
July 26 | 5:30 – 10:00 PM
There is a lot of talk about how much the landscape has changed in the commercial office sector, with the rise of the creative office at the forefront of the conversation. Global brokerage firm Cushman & Wakefield recently released a report, Space Matters, detailing the reasons for some of these changes to traditional office spaces and how space decisions are being made by occupiers today.
According to Cushman, there are four main factors that are highly important to today`s commercial real estate executive when making space decisions. Read on for the breakdown…
#1. Office Density…
#4. Rent Concessions…
Where we stand today.
Commercial real estate data has long been left abandoned in dark recesses and behind firewalls, either forgotten or hidden. Mostly for a perceived competitive advantage. Today that may no longer be a choice….
The Big Questions:
1. Will data availability and portability, done well, help create a defined commercial real estate brand?
2. What new audiences will the data attract?
3. Will we need commercial real estate data, advisors?
4. Will we manage our data daily, weekly or monthly?
5. What do “innovative” data mining and monetization methods now in use by Google and others, mean to commercial real estate?
6. Will this affect commercial real estate locally, at a regional level or on a global scale?
7. What happens to commercial real estate data when it’s collected and syndicated into “the cloud”?
7. What happens if there is a monetization of the data without the knowledge and permission of the rightful owner?
8. Can commercial real estate be stupid enough to go back to square one?
9. How do we, as an industry, determine the real value of data beyond the context of that data is just property data?
10. Do we need only need “comps” to build upon or to derive a valuation model?
11. What exactly is the Commercial MLS’s/ CIE’s role?
12. Does this create a new kind of data marketplace?
13. Do we understand how business intelligence and analytics are being applied to the data generated by commercial real estate transactions?
14. How should the commercial real estate industry confront this data challenge?
15. How should we do it?…
Register your team today – space fills up fast! Deadline is July 9, but don`t wait. This event traditionally sells out earlier than the deadline. Not a golfer? Join the fun by attending the after golf reception only. Be sure to register by July 9. Click on the link below for the registration form…
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New Developments for Commercial Brokers 2018 Review
Adam Sayer, Director of Planning and Development, City of Verona
click here for presentation
Michael Zimmerman, Assistant City Administrator/Director of Community & Economic Development, City of Fitchburg
click here for presentation
Mike Davis, City Administrator, City of Middleton
click here for presentation
Tax Reform, Josh Ganshert, Baker Tilly
click here for presentation
Key Legal and Regulatory Updates, Tom Larson and Cori Lamont, Wisconsin REALTORS® Association
click here for presentation
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!
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…
In partnership with an app called MyPark, malls and outlet centers are starting to reserve the best parking spots — those nearest the stores — and will allow shoppers to reserve those spots, for a fee.
Woodbury Common Premium Outlets is the latest shopping center to sign a deal with MyPark. Shoppers who want to reserve a spot near the entrance or by popular restaurants can pay $3 for two hours — plus $3 an hour thereafter — to reserve a spot as much as six months in advance.
Serious shoppers are already scooping up spaces for Black Friday, according to MyPark CEO Luis Mayendia, who is eyeing airports and hospitals as expansion targets…
Offering real estate services and design-build construction solutions for growth oriented clients… …more
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with every T. Wall Urban Village.
(608) 575-1018 or Contact@TWallEnterprises.com
- Currently being remodeled with new elevator
- Open floor plans
- Under new ownership
- Beltline visibility & monument signage
- Plenty of parking
call Mike Herl