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Lakewood Commercial Lots Transfer Ownership...

Intown commercial dirt is affordable and is trading. The C Group assited the onwers to sell  3 commercially zoned lots. The parcels are located in the heart of the historic Lakewood Village and will be held for future development. The purchaser's immeidate plans are to pave the lots for a parking area for the nearby medical facility. I expect future development plans will include a new retail facility.
Congratulations to the Seller!

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CoStar's People of Note (August 21-27)

CoStar's People of Note (August 21-27) - This week's People of Note includes the following markets: Atlanta, Boston, Chicago, Dallas/Fort Worth, Los Angeles, New York, Northern New Jersey, Philadelphia and Retail. LOS ANGELES Studley Taps Media Services Exec as Managing Director Studley promoted office specialist Robert Cavaiola to managing director. The former associate director is based in West Los Angeles and works with companies in the entertainment, media a [Costar Atlanta News]

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Networking a key component to your business...

Networking is a key component to my success in today's business market.

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KW Commercial "Family Reunion" annual convention in Anaheim, CA

Keller Williams continues to offer the best training and current market statisitcs to KW Agents who have gathered this week from across North America.
KW Commercial contiues to focus on the International Practice Groups and core disciplinces, including International Investments and National Commercial REO platforms.   KW Commercial announces the National Partnership with Loopnet. The leading commercial real estate listing resouce.

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Economic Indicators Improve for Commercial Real Estate

According to Matt Hudgins, NREI Contributing Writer,

As national chief economist for commercial real estate services company Colliers International, Moore follows about 100 economic indicators that keep his finger on the pulse of the economy and the commercial real estate industry. And since the beginning of the fourth quarter, that pulse has quickened.
“With the exception of housing and unemployment, most of the signals I’m seeing are positive, which does suggest pretty good growth next year,” says Moore.Read more

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"New Territory" Keller Williams Realty making a big splash in the CRE!

Thank you Doug Sams for this week's press on Keller Williams Realty and the International Commercial Real Estate Division. The C Group was one of the original CRE Teams to practice commercial real estate in Keller Williams.
Joe Williams one of the co-founders had a vision and a plan, KWC is now over 1200 practicing commercial brokers. Also over 80,000 residential experts across the country and into Canada.

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Retail Landlords developing online marketing campaigns...

I wanted to share with you a post from an online discussion a colleague shared, thanks Sonja...

LinkedIn Groups

  • Group: KW Commercial SE Region, Commercial Real EstateRead more

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Prognosis for Commercial Real Estate Growth in 2011?

Whether a practitioner or analyist, where will we be next year? I am collecting opinions and comments to compile and submit back for your use and review.
Is there a wave yet to strike? Is lending loosening? Have values corrected enough in your market?

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Any suggestions for Retail Landlords???

Real estate research firm Reis Inc.’s preliminary data for the second quarter of 2010 shows continued deterioration in fundamentals at neighborhood and community centers and regional malls. At neighborhood and community centers, the vacancy rate rose to 10.9 percent in the second quarter of 2010. The last time the vacancy rate reached 11 percent was in 1991. Asking and effective rents continued to decline, falling by 0.3 percent and 0.5 percent respectively. For regional malls, the vacancy rose to 9.0 percent. Asking rents fell by 0.2 percent—the seventh straight quarter of rent declines. According to the report, “The continuing plight of retail properties across the nation reflects the tepid, uneven pace of economic stabilization and recovery.”Read more

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