Archive for October, 2010
NAI KLNB Adds Investment Sales Team and Reveals Plans to Triple Size of DC Office
Oct 29th
New team to focus on Investment Sales in D.C., Maryland and Northern Virginia markets
NAI KLNB has hired a team of three Investment Sales professionals for its downtown Washington, DC, office. In conjunction with this move, the full-service commercial real estate services firm plans to triple the size of its downtown offices located at 5225 Wisconsin Avenue. NAI KLNB now employs 76 full-time real estate brokerage professionals throughout five separate offices in the Maryland, Washington, DC, and Northern Virginia marketplace. Through its Paragon Commercial Property Management subsidiary, the company also offers a full slate of property and asset management services. More >
Uptick in Auction Sales Should Continue Through 2011
Oct 29th
Over the past 60 days, NAI Global’s alliance partner for outcry auctions, Higgenbotham Auctioneers, has sold more than 90 properties at auction in Florida, Georgia, Louisiana, Texas, Delaware and throughout a number of Midwest states. In addition, they have scores of upcoming auctions scheduled before year end in Florida, Michigan, New Jersey, Illinois, Texas, South Carolina, and Georgia. More >
Acquisitions – Confirming the Rent Roll
Oct 28th
It is hard to say which single document is the most essential to review when purchasing an income property. However, as the prime source of property revenue, the rent roll is clearly one of the most critical. More >
Are Commercial Real Estate Brokers Reinventing Themselves?
Oct 28th
As we all know times have been tough and brokerage companies around the world have made cuts in staff, salaries and closed offices as circumstances have dictated. As far as investment transactions were concerned, the brokers interviewed by Property EU stated that €52 billion of investment transactions was generated – a 38% decline from the previous year. The previous year saw a decline of 60%. CBRE noted a decline of 5% year on year with Catella and Colliers – 82% and 78% respectively. More >
A Market Segmentation is Essential to the Success of a Retailer!
Oct 27th
An accurate understanding of the market area where a new retail location will be based is key to the success of the venture. Traditionally retailers would collect a core set of demographic variables as criteria for understanding a particular market or site. The key variables are: income, age, population, traffic counts and depending on the market area ethnicity. Retailers set minimum thresholds for each variable in order to filter through potential opportunities. In fact, a number of retailers and developers still use this approach today to validate markets. More >
