The long-planned transformation of the Shops of Grand Avenue is moving forward as the owners create a food hall in its first floor, upper-floor office space and prepare to open new apartments.
Criticized for more than 10 years as a failing mall and a void west of the river in downtown Milwaukee, the Grand Avenue by early 2020 will likely be buzzing with new people. Renamed “The Avenue,” it could become another major draw for West Wisconsin Avenue… …more
Ken Notes: Once the build out is done we should take a tour…
Time: 04:00 PM
Fed`s Williams expects further U.S. rate increases into next year
NEW YORK (Reuters) – One of the most influential Federal Reserve policymakers said on Tuesday he expects further interest-rate hikes continuing next year since the U.S. economy is “in really good shape,” reinforcing the Fed’s upbeat tone in the face of growing doubts in financial markets.
Even as New York Fed President John Williams told reporters he expects the U.S. expansion to carry on and surpass its previous record around mid-2019, stock markets headed lower Tuesday morning while a potentially worrying trend of “inversion” continued to grip Treasury markets…
Wisconsin Commercial Real Estate
Opportunity Zones, Marijuana-Related Properties and Retail Assets Among Best CRE Bets for HNW Investors in 2019
As high-net-worth (HNW) investors zone in on commercial real estate opportunities for 2019, Opportunity Zones, multifamily, marijuana, retail and industrial are emerging as some of the key areas to watch.
Real estate investments made next year by HNW investors should be weighed against rising interest rates and the prolonged economic expansion, according to Doug Brien, co-founder and CEO of Oakland, Calif.-based Mynd Property Management, which specializes in multifamily assets.
“For deals to make sense, investors will need to make sure cap rates remain high enough to balance out rising interest rates,” Brien says. “In my opinion, a long-time horizon should be incorporated into any investor’s strategy if they’re acquiring properties at such a late stage in this rising interest rate environment.”…
Mid-America Real Estate Group
Revisiting 2018`s Biggest CRE Predictions: The Good, The Bad And What We Got Wrong
4. Multifamily Construction To Remain Near Cyclical Peak…
5. Deal Volume To Pick Up, Slowly…
6. Office Market To Remain Flat…
7. Industrial To Excel All The More…
8. Leisure Travel To Become Increasingly Important in The Hotel Sector…
9. Undervalued REITs To Bounce Back…
10. Caution Of Overvalued Stock Market…
11. CMBS Maturation To Slow…
12. Data Center Demand Will Not Taper Off…
13. Infrastructure Investment To Be A Priority For The Administration…
14. Investor Interest In Senior Housing To Soar…
15. Enrollment Headwinds To Put Pressure On Universities…
16. Compressed Cap Rates Could Improve In 2018…
17. Retail Bifurcation, M&A Activity To Persist…
18. Office Footprint To Continue To Shrink…
19. Strong Connectivity To Remain A Priority For Companies…
20. Tech Solutions Continue To Address Challenges In Construction…
21. Co-Living, Short-Term Rentals Take Hold…
22. Tiny Apartments, Micro-Units Boom…
Building For Sale: 2301 Columbus Ln Madison WI
60 Unit (5 building) apartment community on 7.33 acre wooded lot located close to East Towne Mall. Currently 100% occupied. Property also features 5 detached garages with a total of 47 stalls as well as a small playground set. Buildings have 1 Bedroom/1 Bath units and 2 Bedroom/2 Bath units (2 Bedroom units have private balconies). All units feature dishwasher and garbage disposal…
DECEMBER 2018 – Cirex Digital Version
- Hundreds of property listings, organized for easy browsing.
- New properties are featured every month.
- Property/Drive CIREX Members alphabetically listed in our extensive directory.
Can average investors take advantage of a new real estate development tax break?
There`s a lot of talk about Opportunity Zones. Can anyone invest in them?
ARTIS REIT / Madison Lifestyle Office Portfolio
Who said stores are dead? These 5 retailers are investing billions of dollars in bricks and mortar
Though shoppers are increasingly spending more time and money online, that doesn`t mean retailers should ignore their stores. In fact, some of the biggest players in the industry are spending billions of dollars to remodel their existing shops, hoping to lure customers inside with more modern fixtures, easier checkout options and online order pickup kiosks. That`s as Amazon — many retailers` biggest threat today — is investing more in its own real estate and opening stores ranging from its cashier-less “Go” convenience shops, novelty “4 Star” locations and bookstores. It`s also shaking up the grocery industry with its acquisition of Whole Foods, pushing companies like Kroger to think outside the box, or partner with other retailers, as they try to grow. And it was also reported earlier this week that Amazon could test its cashier-less technology for bigger stores, something that could further challenge traditional retailers.
“Brick-and-mortar retailers need to give consumers a reason to visit stores instead of making online purchases, and, to that end, an increasing number of companies have started investing in stores,” Hong Kong-based Coresight Research analyst Albert Chan said in a research note. “We expect an increase in retailers` capital expenditures to remodel stores as the competition to attract store traffic intensifies against the backdrop of increasing penetration of e-commerce.”
Building For Lease: Retail/Office for lease 1026 W Main St 1028 W. Main St Sun Prairie WI
2,400 Sq. Ft. Retail/Office space located in the busy Main Shopping Center. This end cap has great visibility, parking and located on newly expanded West Main St in fast growing Sun Prairie.
The Gialamas Company, Inc.
Why do all new apartment buildings look the same?
A wave of sameness has washed over new residential architecture. U.S. cities are filled with apartment buildings sporting boxy designs and somewhat bland facades, often made with colored panels and flat windows.
Due to an Amazon-fueled apartment construction boom over the last decade, Seattle has been an epicenter of this new school of structural simulacra. But Seattle is not alone. Nearly every city, from Charlotte to Minneapolis, has seen a proliferation of homogenous apartments as construction has increased again in the wake of the financial recession…
Ken Notes: I hope to see some smaller units with shared amenities in the Madison footprint. I have to believe that 200 sq ft solo is as good as 900 – 1200 sq ft with 8 students but I may be wrong…
High Point Office Park
FAO Schwarz to open toy store in Midway as part of airport’s retail makeover
Renowned New York toy store FAO Schwarz will join a revamp of the Midway Airport shopping concourse that’s on track to bring 70 new retail brands to the airport by 2020.
FAO Schwarz applied for a permit to add a store sign in the airport, according to city buildings department records. A city spokesperson confirmed the lease Monday but did not say how much space the store would take inside the city’s junior airport….
Ken Notes: I`ll bet the airlines just love this, “I just bought this stuffed elephant, what do you mean I can`t carry it on???”
2018 Event Calendar
TODAY: 2018 Market Update – Presented by MB Financial Bank
December 11 @ 3:00 pm – 7:00 pm
CARW & NAIOP-WI bring you the 2018 Market Update presented by MB Financial Bank
This event is an annual check-in that provides a current and comprehensive look at the state of the industrial, investment, office and retail segments of the commercial real estate markets in Southeastern Wisconsin…
Without Toys R Us, one iconic, international toy chain could soon make its mark in the US
Reinhart Boerner Van Deuren s.c.
RASCW Events and updates
2019 RASCW Commercial Real Estate Forecast
Wednesday, January 23, 2019
Registration 1:00 pm • Program 1:30 pm – 4:00 pm
Corporate Conference Center • TDS Building
525 Junction Road, Madison
Commercial Real Estate: What is Next?Mark J. Eppli, Director of the James A. Graaskamp Center for Real Estate
Tax Cuts & Jobs Act of 2017: What Does it Mean in 2019?Jeff D. Olson, CPA, MBA – Berndt CPA
Matt Wachter, Manager of Real Estate Services and
Dan Kennelly, Manager of Office of Business Resources,Economic Development Division, City of Madison
Social Networking 4:00 pm – 5:30 pm
Eno Vino Wine Bar & Bistro
Knight Barry Title Group
MADISON: 2450 Rimrock Road, Suite 204, 608-255-2700
CAP SQUARE: 44 E. Mifflin Street, Suite 101, 608-255-2700
Competitive Ax-Throwing Facilities Spreading Rapidly In U.S. Cities
In an age where the young and sociable set’s desire for new experiences is only rivaled by the retail market’s desire to create them, the sport of ax throwing has gained a serious foothold in a short time.
People have been throwing axes for sport for thousands of years, but the modern concept of a venue specifically dedicated to regulated ax throwing started in 2010, when Matt Wilson founded Backyard Axe Throwing League in Toronto after years of organizing it in his backyard. BATL had grown a following when Matt and Krista Paton visited in 2015, fell in love and co-founded Urban Axes in Philadelphia with partners Stu Jones and Shaun Hurley the following year….
FoodFight Restaurant Group – WELCOME
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!
Seven Takeaways from the ICSC New York Deal Making Conference 2018
ICSC’s annual New York Deal Making conference got underway at the Jacob K. Javits Convention Center this week, with industry insiders in attendance claiming the months-long streak of retailer bankruptcies and store closings is tapering out and the retail sector should have a stable year in 2019. Here are some takeaways from Wednesday, the first day the trade show floor was open….
,br>Ken Notes: Read this!!
Crown Commercial Real Estate/Development, LLC
Offering real estate services and design-build construction solutions for growth oriented clients… …more
10 commercial real estate conferences to attend in 2019
Brokers know that prospecting, nurturing relationships, and networking are crucial for success in commercial real estate. One of the best (and most fun!) ways to network with a lot of people in a short amount of time is by attending industry events and conferences.
Conferences provide an opportunity to meet with people you might not otherwise meet in your local market. Beyond that, they often feature highly regarded industry speakers and continuing education sessions that keep you up to date on the latest trends and boost your industry knowledge. While there are many conferences to choose from, here are the top 10 that we think brokers should check out in 2019.
March 12-15 | Palais des Festivals, Cannes, France….
Ken Notes: If you can not make the Cannes trip you can send me and I will give you a full report….
Recent sponsors below…
MIG Commercial Real Estate
Evans Properties, LLC.
Newmark Grubb Gialamas
T. Wall Enterprises
Expect Professional Management with a Personal Touch
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
ST. Johns Properties
Ruedebusch Development & Construction
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