As the days of investors going door-to-door house hunting for properties to purchase and flip enter the rearview, it’s no longer outlandish for someone to purchase an investment property sight unseen, without stepping foot in the home or even visiting the state that it’s in. In fact, 90% of the buyers on our marketplace live more than 250 miles away from their investment properties….
Jessica Chen remembers the first time she heard that the Seminole Tribe was going to commission a $1.5B, 35-story hotel in the shape of a guitar, and that she would be in charge of building it.
“We were actually building a helicopter pad for the Seminole Hard Rock Hollywood when I first saw any renderings of this project,” Chen told Bisnow. “I saw different versions in renderings only, and I could not believe that they were going to build this guitar.”…
- A tiny penthouse apartment in New York City is on the market for $645,000.
- At just 350 square feet, that puts the cost at $1,843 per square foot, which is $426 more per square foot than the Manhattan average.
- The compact SoHo studio, which was previously listed for $750,000, was designed with simplicity and multifunctionality in mind.
- The space is also tech-heavy, including motorized blinds, energy-efficient light bulbs, Nest security cameras, and air purifiers.
New Yorkers are used to paying a lot to live in small spaces.
The median home price in Manhattan is $1,417 per square foot, according to Zillow.
A renovated apartment in Manhattan`s SoHo neighborhood is on the market for $645,000 — for a space of 350 square feet, which makes the cost $1,843 per square foot.
On a recent day this summer, Dana Hathaitham stood in the middle of Kitchen United’s Pasadena location and watched the action unfold.
Delivery drivers carrying satchels with Grubhub written on the sides walked in and out of the kitchen to pick up food. A group of people — a combination of local office workers and families — waited in line to place their orders at one of the four computer kiosks. An expediter fetched food and shouted out the names of those waiting for their pickup orders.
New York City retail is a tale of two cities. On one hand we have Brookfield Place, Hudson Yards and Empire Outlets, which have the potential to transform neighborhoods (in one case creating a new neighborhood out of thin air). On the other, we have rising ground-floor retail vacancy. There are several causes for the increase in vacancies which are seemingly rampant in some neighborhoods. But there’s no question the rise of online shopping is a major factor.
Ken Notes: convenience is the couch and amazon, I think destination and experience play a new larger role.
This former school building along Dairy Dr on Madison’s East Side presents a unique opportunity to lease a mix of private offices and open workspace. Ample on site parking and great Hwy connectivity make this an attractive site for office and special purpose tenants.
The extensive parcel size offers a great opportunity for immediate or future expansion.
Data and analysis on how these commercial real estate property types are performing in major U.S. metros.
Stability continues to characterize the commercial real estate sector in most asset classes and markets, as the current cycle extends into its second decade.
The duration of the market’s expansion is at least partly attributable to a delayed response following the Great Recession. Many real estate investors remained gunshy early in the recovery, and the boom years for rent growth and new construction did not begin until the mid-2010s.
Multifamily rent growth has leveled off in the 2.5 to 3.0 percent range nationally, with certain markets in the South and West—including Phoenix, Las Vegas and Atlanta—outperforming the rest of the nation…
Gather your team of 4 – $20/team. Deadline is August 7th, but could fill up sooner. Space is limited! Backpack for Buddies: Please bring a NEW backpack to help us reach our goal of 100 backpacks for kids in need! Click on the link below for the registration form. Bocce Ball & Backpacks 2019
Self-storage businesses were arguably the buzziest product type in real estate several years ago. Years of ramped-up development have since chopped returns in half, but even that isn’t deterring a generally optimistic outlook for the sector.
The self-storage sector has outperformed other asset classes this cycle and garnered interest from REITs that have shifted self-storage into more of an institutional operation. Demographic trends — 8% of the U.S. uses self-storage today, compared to 3% in the 1990s — limited capital required for upkeep and low supply in relation to demand has drawn institutional investors to the historically mom-and-pop-controlled sector…
Prices in many real estate markets have regained their pre-financial-crisis levels. Prices in some areas have surpassed those levels and are still going up. That means many real estate investors now own properties that are worth way more than their tax basis. That’s especially likely with a rental property for which you’ve claimed depreciation deductions over the years. Those depreciation write-offs reduced your tax basis in the property, resulting in a bigger taxable gain if you sell.
Here’s the message: If you are a well-seasoned individual who owns real property that would trigger a big taxable gain if sold, please think long and hard about not selling. Why? Because simple inaction or arranging for a tax-free Section 1031 exchange, instead of a sale, could be tax-smart strategies…
Great Office location available on the Capitol Square. Approximately 2500-5000 SF, at $17.00 per SF gross. Janitorial is included. Includes access to large first floor conference room, sky lights, 9`+ ceilings, kitchen, break room, and telecom closet. Space has sensitive preservation of vintage finishes of this 1912 building, which include a grand entry staircase, wide woodwork, large windows.
Date: Wednesday, August 14th, 2019
It`s that time of year again for our annual August afternoon meeting with hors d`oeuvres and alcoholic refreshments! Please join us on Wednesday, August 14 from 4:00 – 7:00 p.m. at Spaces at 811 East Washington Avenue. We’ll have a short meeting and then it will be time to enjoy the food & drink. We hope you can join us! Thanks to our sponsors so far:
Silver: Revive Restoration
If you have any questions, please contact Wendy Sullivan at 608/772-0060 or firstname.lastname@example.org
The decision this week by Best Buy to abandon its location at 875 North Michigan Ave. on Chicago’s Magnificent Mile was just the latest blow to the city’s most valuable stretch of retail. The blocks on Michigan Avenue between the Chicago River and Oak Street are dotted with vacancies, which would have been an unusual sight just a few years ago.
Join us for drinks, networking and views at The Rooftop MKE for our August Happy Hour!
When it comes to launching into space, NASA isn`t the only game in the United States anymore, though it is still the main player. The U.S. has four functioning spaceports, two of which are not part of the federal government. Other new private facilities are aspirational, preparing for a possible future growth in space travel and rocketry.
The emerging state-owned and private spaceports have varied degrees of success so far, but all have the potential to spur regional growth.
MADISON: 2450 Rimrock Road, Suite 204, 608-255-2700
CAP SQUARE: 44 E. Mifflin Street, Suite 101, 608-255-2700
Free Commercial TIF Land Available. The Village of Marshall has two commercial development lots available for growing businesses. Highway Business Zoning allows for many commercial uses. Retail, Restaurants, Hotel, Office, Light Manufacturing. Bring your ideas to the table. Marshall wants to make something happen. Broker Fees Protected. 4% Commission is based on $3.70/SF for land.
Iconic, award winning restaurant for sale. Fully equipped, turn key operation. Currently, doing over $1,000,000 in sales per year from dine in, take out, delivery and catering. Very franchisable concept.
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…
High demand, low supply and rising rents seen in the second quarter will likely persist through year’s end, according to Prologis.
The U.S. logistics sector continues to thrive, but the high-flying days seen in 2018 gave way to a more sustainable level of activity in the second quarter of 2019, according to Prologis Inc.’s U.S. industrial business indicator, a survey of customer sentiment.
Prologis’ IBI activity index has continued to moderate this year and settled in at 60 in the second quarter, a slight decline from the first quarter figure of 60.4 and a notable drop from the peak seen in the fourth quarter of 2018, which topped out at an unsustainable 67.8. The more modest IBI means the flow of goods through customer facilities is still growing, but at a healthy rather than frenzied pace, Melinda McLaughlin, head of U.S. research with Prologis, said in a video statement on the report. And combined with a utilization rate that held steady in the 85 to 86 percent range, the IBI indicates that demand has returned to normal…
Offering real estate services and design-build construction solutions for growth oriented clients… …more
A Historic Hotel Restaurant known for its fine Swiss cuisine. 250 seat capacity that includes a full commercial kitchen, lounge w/unique sunken bar, upper level dining rm w/fireplace & service bar, a main dining rm w/dance floor & stage, a banquet rm & balcony dining area, totaling 11, 560 sf. The Ticino Pizzeria (1,456 sf) and a cheese shop & 4 hotel rooms, (upstairs) provides add`l revenue…
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