On Tuesday, the coworking giant announced the closure of a $6B investment from SoftBank, $4B of which had previously been disclosed. The new $2B is a far cry from the $16B deal that would have seen the SoftBank Vision Fund buy out all other outside investors, a transaction that was scuttled due to a plunge in the Japanese investment bank`s stock at the end of 2018, Fast Company reports…
Ken Notes: I wish we could put together a little more class A coworking space in the downtown footprint for lobbyists, consultants, and entrepreneurs. — I would actually love to manage a space like this for professionals…
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
While some traditional retailers are having a hard time keeping their doors open, Amazon-owned Whole Foods has been gearing up to rapidly expand into more regions.
Grocery chain Whole Foods is eyeing sites that were previously home to Sears, Kmart and other struggling retailers, sources told Yahoo Finance.
its parent company’s financial woes and has been vacant ever since…
Ken Notes: I believe Amazon will look at a lot of the Sears fallout for distribution as well as stores. They have to keep quiet until they can buy at fire sale prices…
One would think, since we have been focusing on technology and innovation for the Commercial and Corporate Real Estate industry for over 20 years, that forecasting major trends for the next 12 months would be an easy task. Nothing could be further from the truth.
Although we have access to an extraordinary amount of insight from both the demand side (real estate owner/operator/occupant) and supply side (technology and solutions providers), it is still difficult to sift through the competing themes and deliver concrete conclusions. Technology, human psychology, organizational structure, financial climate and general market conditions all play into the introduction and adoption of the technologies that will continue to impact the way we design, build, lease, operate, transact and use commercial and corporate space…
The reports of Sears’ looming liquidation and the drastic drop in Macy’s stock price today, after a below expectations warning on holiday performance, portend one very important fact: Department stores are doomed.
Ken Notes: Read this! Some market is going to create a new dynamic for large retail, I think Madison should work with retailers to experiment we have malls that arn`t dead yet with end caps to play with and if we solve the billion dollar problem????
This market wipeout has one big silver lining for income investors like you and me: dividend yields are soaring—and today we’re going to tap four of my favorite stocks for payouts all the way up to 8.9%.
First, though, to see just how incredible this buying opportunity is, look no further than the Vanguard REIT ETF, the benchmark ETF for real estate investment trusts (REITs)…
Ken Notes: I have some money in ARTIS with local holdings and have done well. I wonder if we should put together other Madison centered REITs to offer to local investors, the state, and those wishing to diversify.
- 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 the space allocated to residential units has shrunk in an effort to create more affordable housing in expensive cities, the challenge has grown for how to fit life`s necessities and some luxuries into those spaces.
One company has a novel solution: Store it in the ceiling.
This is not college-dorm lofts and ceiling-suspended shelves. Bumblebee Spaces creates units where furniture descends upon demand, leaving valuable floor space open and usable when the furniture is not needed….
Ken notes: you could also use the bed to hide someone when your roommate comes home…
- J.C. Penney says it will offer more information about future store closures in its next earnings report slated for Feb. 28.
- Analysts are predicting that anywhere from 20 locations to more than 100 could close.
- J.C. Penney still operates more than 860 stores across the U.S.
It looks like there are more store closures looming in J.C. Penney’s future.
The department store chain Tuesday said it would be closing three locations by this spring, as it continues to evaluate its real estate. It didn’t disclose the addresses of those three stores or how many additional stores it planned to close in 2019, but said it would offer more information in its next earnings report slated for Feb. 28.
Ken Notes: We need a creative way to bring people into big department stores, I would love to see a redesign that turns them into little boutique shops wit a central checkout. I love kitchen gadget stores for example but can`t afford most of them.
In December 2018, Amazon made its long-awaited announcement of where its second headquarters location would be. Much to the competing cities` surprise, the e-commerce giant chose to split “HQ2” between Long Island City, New York and Arlington, Virginia.
Since the announcement, there`s been much speculation about the impact on the real estate and job markets in these two cities, especially since Amazon is planning to invest $2.5 billion in each location. We asked experts at Forbes Real Estate Council what they believe commercial real estate investors can learn from the announcement and its implications for local markets. Here`s what they had to say…
1034 N Vel R. Phillips Avenue
January 30, 2019
Date: Wednesday, February 13th, 2019
Time: 05:00 PM
Join us for a cocktail party/meeting to celebrate the 2018 Deal of the Year Awards at The Madison Club, 5 East Wilson St., Madison. Everyone is welcome to arrive at 5:00 p.m. with the awards ceremony beginning at 6:00 p.m. Be sure to attend!
If you have any questions, please contact Wendy Sullivan at 608/772-0060 or firstname.lastname@example.org
Location: The Madison Club
RSVP Deadline: 02/06/2019 …more
MADISON: 2450 Rimrock Road, Suite 204, 608-255-2700
CAP SQUARE: 44 E. Mifflin Street, Suite 101, 608-255-2700
WASHINGTON — A pair of influential Federal Reserve officials said Wednesday that the central bank should pause to assess economic conditions before considering additional interest rate increases, reinforcing the message delivered last week by the Fed chairman, Jerome H. Powell.
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!
After several years of urban growth, America is once again seeing an urban flight to the suburbs. In 2017, New York City saw 143,000 people move out, making it the first time since 2007 that the city did not lead the country in population growth. For the New York metropolitan area, the suburban population growth of 2016-2017 exceeded the city population growth — as was the case in 36 of the 53 largest metropolitan areas in America…
Offering real estate services and design-build construction solutions for growth oriented clients… …more
Industrial building with 20` clear height, 4 dock doors and 2 drive-in doors. Owner will divide and modify the building for tenant users – 4700 SF, 6300 SF & 9100 SF with some variation, each tenant to have at least 1 loading dock and 1 drive-in door. Professional office condo unit, waiting area, business office, reception with file area, 1 private dentist`s office, 2-fixture bathroom, x-ray lab, sterilization/lab area, dark room, storage and 7 operatories. Occupancy in summer 2019. call Mike Herl 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:
Expect Professional Management with a Personal Touch
with every T. Wall Urban Village.
(608) 575-1018 or Contact@TWallEnterprises.com
Industrial building with 20` clear height, 4 dock doors and 2 drive-in doors. Owner will divide and modify the building for tenant users – 4700 SF, 6300 SF & 9100 SF with some variation, each tenant to have at least 1 loading dock and 1 drive-in door.
Professional office condo unit, waiting area, business office, reception with file area, 1 private dentist`s office, 2-fixture bathroom, x-ray lab, sterilization/lab area, dark room, storage and 7 operatories. Occupancy in summer 2019.
call Mike Herl
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: