Social event at the Waunakee Gun Club
Tuesday, May 21st
Only 7 days away!
– Two (2) Co-Dinner Sponsors – $250 each
– Two (2) Co-Drink Sponsors – $250 each
Thanks and have a great weekend!
- 35% say real estate is best long-term investment option; 27% say stocks
- Perceptions of best investment have shifted in response to performance
- Stock ownership still well below the pre-recession levels
WASHINGTON, D.C. — Stocks have had a strong 2019, with the major U.S. stock indices establishing or nearing record highs in April and early May. Still, more Americans continue to believe real estate (35%) is a superior long-term investment to stocks (27%) or other investment options.
The April 1-9 Gallup poll was conducted amid the ongoing bull stock market, but before the recent stock index records. In recent years, the real estate market has also been hot, with home values in 2018 the highest on record, and Americans expect home prices to continue to rise…
Ken Notes: We would still like to create a newsletter for potential real estate investors. Think about all the stuff the average person gets on bank and market investments yet little is aggregated on commercial investments, reits, and property investments.
2019 RASCW Commercial Real Estate Forecast
May 29 @ 1:30 pm – 4:00 pm
TDS Conference Center – 525 Junction Road
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
Corey Lamont and Tom Larson – Wisconsin REALTORS® Association
Legal Updates and Legislation
Social Networking 4:00 pm – 5:30 pm
Eno Vino Wine Bar & Bistro
In March 2009, Uber was born. Over the subsequent decade, the company became more than a controversial transportation company; it proved the scalability of the two-sided market. Though Uber was not the first company to deploy this model, it did so with unmatched pace and veracity, evidenced by its place in common vernacular. Overnight, VC offices were swarming with new startups pitched as the “Uber for [insert industry here].”
The two-sided market is genius in its simplicity. Companies like this exist to dynamically match a labor pool with those who need their services. Built on the back of another major technological revolution, the smartphone, companies were able to use data and transparency to transform how the world gets around…
Ken Notes: Keep reading below, we may need to develop a Madison area short term flex warehouse for startups and expanding companies. Looking at Cirex and PD there seems to be product available, so we need a marketing / management company to become the Uber for Warehousing…
The We Company, WeWork`s new parent, has officially filed paperwork with the Securities and Exchange Commission to go public, although further details remain scarce. Just how much interest it will garner, and at what price, is the subject of hot debate…
Ken Notes: More than interesting, I question if the actual business model even works. They continue to burn capital with no end in sight. The revenue stream in this market is limited and lease rates are fixed, WW has demonstrated to grow exponentially but they do this by spending money. If they increase their rates every commercial broker will be standing in line with properties and build-outs at better margins for their larger clients. The flexibility WeWork offers is only a value until a company knows what it needs long term…
Junction Point located on the west-side of Madison near major retailers, such as: Target, Pick ‘n Save, Bed, Bath & Beyond, Steve’s Liquor, Panera, Walgreens, Eno Vino Kessler’s Diamonds, Outback Steakhouse and more!
On the whole, according to the report, “results show sentiment in the real estate market remains generally solid in the first quarter of 2019.” RICS’ Occupier and Investment Sentiment Indices—which reflect a combined measure of short-term supply, demand and expectations indicators—recorded readings of +8 and +7, representing a continuation of the modest momentum seen in the fourth quarter of 2018. However, at the sector level, sentiment was more of a mixed bag…
Former chiropractic office. Gross lease. Great built-in customer base with 17 residential lofts above, 124 residential units within Westhaven Village, and over 1,400 residential units within one mile. On-site management. 65 parking stalls.
All the bad press surrounding brick-and-mortar store closings is distracting landlords from opportunities they have to fill vacated spaces with newer, higher-quality tenants, retail analysts say.
“All I see is opportunity,” Weitzman Senior Vice President David Zoller said. “Think about it, there used to be a gas station on every corner. And when the gas station left, then it was a bank. When the bank left, it was a Starbucks. When the Starbucks left, it came back as a fast-food drive-thru site. There is always an opportunity for well-positioned real estate.” …
1) well-positioned real estate and
2) Those who combine brick n mortar with online sales.
Ken Notes: Think service, Massage, Hair…
- Party City is closing 45 of its 870 stores this year, the company said on Thursday. The company typically closes 10 to 15 stores annually.
- Party City also said it has secured a new source of helium that should help relieve pressure from a global helium shortage.
- Closing stores include locations in California, Illinois, Connecticut, and Washington.
Party City plans to close 45 of its 870 stores in 2019, the company said on Thursday.
The party-supplies company also said it has secured a new source of helium that should help relieve pressure from a global helium shortage that has squeezed balloon sales. The store closures are unrelated to the helium shortage, the company said.
“We believe this new source should substantially eliminate the shortfall we are experiencing at current allocation rates and improve our ability to return to a normal level of latex and metallic balloon sales,” Party City CEO James Harrison said in a press release.
Commercial Condominium of 6500 SF+, fully leased to 5 tenants. 1500-2300 SF coming available in 4th quarter of 2019 gives this property potential for owner occupants, and investors alike. Buildings constructed in 2002-2003 consist of 20 condominiums – Verona Contractor Center.
It may seem like a paradox: National retailers have already announced more store closures this year than all of last year, but sales numbers have remained healthy amid high consumer confidence.
Two adjacent parcels of land for sale along East Broadway. Conveniently located near Stoughton Rd, the Beltline Hwy, and I-90, this site offers great access to all east side amenities and provides a wide range of development possibilities.
As retailers need to deliver goods even faster and logistics companies struggle to run that last mile, access to flexible on-demand space in warehouses is a growing trend.
On-demand warehouse space involves short-term leases of various sizes and durations — as much space as the customer needs, when it needs it, in a convenient location.
“It’s about agility,” Jon Sleeman, JLL`s EMEA Logistics & Industrial research director, wrote in an article published on the company`s website. “Retailers need to be able to scale up and down and have highly variable requirements — be that Black Friday, Christmas or sales season.”…
Ken Notes: Logistics and last mile continue to be the missing link in the on-line industry. Amazon just offered it`s employees 10K to quit and start a delivery business. I think we will see the old Sears Catalogue store model. A small retail outlet in every community where your package of any size ends up. From there you can schedule delivery, pick up, return, or get service and parts.
NAR Mid-Year Conference
May 15 @ 8:00 am – May 17 @ 5:00 pm
Walmart is turning over more spaces across the front of its huge Supercenters to an operator of pet clinics and bringing the service to Dallas-Fort Worth.
Walmart is also getting into the online pet pharmacy business through WalmartPetRx.com, going up against Chewy.com. And later this month, Walmart`s 4,500 store pharmacies will begin stocking the top 30 most requested pet medications…
Gym chain Planet Fitness is planning to open a total of 225 new locations this year, some of which will be in sites formerly occupied by Toys R Us or Sears, though the company has not specified where all of those locations will be.
For Planet Fitness, retail closures can mean opportunities for new locations.
“Looking ahead, real estate trends appear to remain in our favor as many brick-and-mortar retailers continue to close stores and landlords are increasingly looking to Planet Fitness as key tenants who drive traffic to their centers,” Planet Fitness CEO Chris Rondeau said during the company`s quarterly earnings call in February.
3400 square feet total with 2200 square feet of office space and 1200 square feet of warehouse with drive-in door.
Date: Tuesday, May 21st, 2019
Time: 03:00 PM
Date: Wednesday, June 12th, 2019
Time: 07:15 AM
Mark your calendar for our breakfast meeting and CE-2 Wisconsin Offers to Purchase on Wednesday, June 12, 2019. The breakfast meeting schedule is:
• 7:15 a.m. – 8:00 a.m. breakfast & networking
•8:00 a.m. – 8:50 a.m. Meeting
•9:00 – noon CE-2 Wisconsin Offers to Purchase
If you have any questions, please contact Wendy Sullivan at 608/772-0060 or firstname.lastname@example.org.
Redfin, the Seattle-based real estate brokerage, is starting a program that lets house hunters bid on properties directly through its website. The move aims to bring online shopping to a business dominated by attending weekend open houses and driving around with agents.
The company recently tested the program in Boston and now plans to extend it in stages across the country. It is the latest sign that technology companies are encroaching on the decidedly low-tech world of real estate sales…
MADISON: 2450 Rimrock Road, Suite 204, 608-255-2700
CAP SQUARE: 44 E. Mifflin Street, Suite 101, 608-255-2700
When coworking first arrived, its providers promised a revolution in productivity. They would supply the space, the furniture, the coffee and kombucha. Without the burden of running an office, tenants could focus exclusively on their work, maximizing productivity for individuals and teams.
Coworking has now become a fixture of the office market, but the jury is still out on whether it has made employees more productive. While coworking sites still tout their original promises, a body of anecdotal evidence suggests that sharing a workspace with dozens of other companies can create a disruptive, unproductive environment…
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!
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…
Transactions involving these groups differ dramatically from typical commercial leases. Here’s how.
Churches and other religious organizations have some of the least used real estate of any property category. Meeting rooms, classrooms, and the sanctuary are usually left vacant during most of the week. Understandably, many organizations often consider how to monetize these infrequently used spaces by leasing them.
The target tenants are primarily private schools, charter schools, childcare operators, and smaller unaffiliated religious groups. The sanctuary and large meeting rooms can be leased for special events or regularly scheduled meetings. Problems occur when the tenant and the landlord (the religious organization that owns the property) don’t approach the use process as a business transaction…
Offering real estate services and design-build construction solutions for growth oriented clients… …more
Property is 24.9 total acres. There are 25 30`x10` hoop greenhouse facilities with running water, 9,000 sqft OMM house with running water, 3,000 sqft building with 3 built out grow rooms accommodate processing. The owner of the property holds a Hemp/CBD growing and processing license with the State of Wisconsin.
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
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