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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
RSK: I have always been a fan of Grand Avenue Mall now called The Avenue. Can`t wait to visit it again.
Ken Notes: Once the build out is done we should take a tour...
CBG Annual Holiday Party & Meeting
Date: Tuesday, Dec 11th from 4-7
Location: Lucille, at 101 King Street
Time: 04:00 PM
Save the date for our annual Holiday Cocktail Party & meeting
with hors d`oeuvres and alcoholic refreshments. More details to follow.
We hope you can join us from 4 p.m. to 7:00 p.m. on Tuesday,
December 11. This is one of the most well attended events of the year
for CBG members, affiliates, and their guests. We`ll have a short
meeting and then it will be time to celebrate with your friends and
Contact Wendy with any questions at 772-0060.
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
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
RSK: As interest rates rise, investment returns will fall along with prices.
Our focus is your focus, our goals are your goals.
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
“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
RSK: I guess opening a retail weed shop in an opportunity zone is a can`t miss eh?
Mid-America Real Estate - Wisconsin, LLC offers the same high level of service in property leasing, asset management, tenant representation and investment sales for which Mid-America has become known.
As we look toward the new year and consider the new challenges and possibilities 2019 will bring for the industry, Bisnow
revisited its commercial real estate predictions for 2018
determine just how far off we were. From the continued expansion of the
economy to the booming industrial market, turns out we were pretty spot
on. We analyzed the 22 predictions below and how those trends all
played out (or didn`t)....
1. The Economy Will Continue To Expand...
2. Age Of The Cycle To Wear On Sector Fundamentals...
3. Retail Bankruptcies To Slow...
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... ...more
RSK: Good synopsis. I feel the market wised up to overpriced property and prices have leveled off......and are starting to decline where they start to make some economic sense.
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... ...more
- Hundreds of property listings, organized for easy browsing.
- New properties are featured every month.
- Property/Drive CIREX Members alphabetically listed in our extensive directory.
Investing in an opportunity zone is not for everyone, but for the right investor, it could be a once-in-a-lifetime tax break.
Opportunity zones ...more
are designated as economically distressed areas by each state and certified by the US Department of the Treasury.
As a result of recent tax reform,
opportunity zones have emerged as a way for distressed neighborhoods to
attract needed real estate development and for investors in these
projects to receive favorable tax treatment. Such investments could
allow you to defer capital gains taxes until 2026, reduce the amount of
taxes you owe by up to 15% and pay no taxes on the fund`s gains if you
hold it for ten years....
RSK: Heed the line that says "Just because you could get a significant tax break from an opportunity zone fund does not mean that it is a good investment."
Madison Lifestyle Office Portfolio comprises 16 Class A properties totaling over 1.7 million square feet of leasable area and an additional 8.3 acres of development land. The portfolio is located on the west side of Madison, Wisconsin.
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.
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."
RSK: As the larger retailers expand brick n mortar, smaller shops are expanding their online presence....it is all morphing.
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. ...more
The Gialamas Company`s premier development. The park has over 57 buildings containing 200+ companies, occupying over 3.0 million square feet.
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... ...more
RSK: True here in our market as well....but it does boil down to code, cost & craft.
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...
Affordable. Versatile. Excellent visibility. A unique gem tucked alongside Madison’s West Beltline Highway 12/14...
The city is planning to phase out the existing shops at Midway and replace them with 70 new retail brands by 2020
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....
RSK: You now know where to find me if I am ever traveling through Midway 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???"
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... ...more
RSK: A list of CARW Events and CE.
- Without Toys R Us, an $11 billion toy industry has been left with no clear market leader.
toy retailer Hamleys is close to finalizing a deal where it would
secure roughly 30,000 square feet at 2 Herald Square, near Macy’s and
Victoria’s Secret, a person familiar with those negotiations tells CNBC.
- The company is looking to grow in the U.S., as retailers like Walmart and Target are trying to sell more toys.
Without Toys R Us, an $11 billion toy industry has been left with no clear market leader.
Companies like Target, Walmart, Amazon and Kohl’s
are trying this holiday season to sell more toys to kids and their
parents, but the verdict is still out on which company will best fill
the void that Toys R Us left behind. Seeing a huge opportunity, one
iconic, international toy retailer could soon make its first move into
the U.S. with a flagship location in New York, and plans for a wider
rollout of stores to follow.
RSK: Someone has to pick up the slack. I like Kohls model myself but you cannot survive on a few Holidays per year in the toy market...
With the largest Real Estate Practice of any law firm in Wisconsin, Reinhart offers clients custom-tailored real estate insight.
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 ...more
With over 350 experienced real estate professionals, Knight Barry provides exceptional support and service. Visit our website for more information about our 50+ commercial and residential offices throughout
Wisconsin, Michigan, and Minnesota.
MADISON: 2450 Rimrock Road, Suite 204, 608-255-2700
CAP SQUARE: 44 E. Mifflin Street, Suite 101, 608-255-2700
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.... ...more
RSK: This is nothing new here in Northern Wisconsin...check out the second picture fella`s. Make sure you are on good terms with your Lady!
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! ...more
Attendees at ICSC’s New York Deal Making conference say the string of retailer bankruptcies is about to end.
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....
RSK: Great wrap-up. I like #3 which I have always maintained is where you want to be.
,br>Ken Notes: Read this!!
Offering real estate services and design-build construction solutions for growth oriented clients... ...more
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.
RSK: Put one or two of these on your list if you can.
Ken Notes: If you can not make the Cannes trip you can send me and I will give you a full report....
Thanks you for sponsoring CIREX and Cirexnews.com ...more
"The attention to detail, preventative maintenance, and proactive communication exhibited by MIG makes them a true business partner."
Professional Real Estate Management and Sales
Newmark Grubb Gialamas specializes in investment sales, office, retail, industrial, land, multi-family properties and 1031 exchanges. Our knowledgeable, local brokers are subject experts in their field.
Expect Professional Management with a Personal Touch
with every T. Wall Urban Village.
(608) 575-1018 or Contact@TWallEnterprises.com ...more
IA Management is a full service property management company located in Madison, Wisconsin. Our objective is to be a profitable leader in both commercial and residential real estate.
For lease on Medical Circle - Up to 4,902 SF Available
- Currently being remodeled with new elevator
- Open floor plans
- Under new ownership
- Beltline visibility & monument signage
- Plenty of parking
call Mike Herl
Five flex/R&D buildings - 138,000+ sq. ft. - Hwy 51 and Hoepker Road - High End Image - Affordable and Flexible Floor Plans - Warehouse - R&D, Light Manufacturing - Showroom
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