NAI FMA Realty | Lincoln Commercial Real Estate Blog » Uncategorized

Blue Ox Expanding Warehouse

Diana Schilf — Wed, 17 Oct 2012 21:48:40 +0000

Blue Ox, who is known for its towing products, are expanding their local warehousing into 40,000 square feet at 4021 N. 27th Street.

Blue Ox, headquartered in Pender, Nebraska, opened the Lincoln engineering facility in 2010 at 23rd & Fairfield to focus efforts on the design of new products and improvements to the company’s existing product line of towing products, hitches, braking systems, steering controls, carriers and fifth-wheel accessories. Blue Ox maintains its manufacturing and product support at its Pender facility.

Sally DeLair and Marc Snow, NAI FMA Realty, represented the landlord in this transaction.

Talk It Up Tuesdays

Diana Schilf — Tue, 24 Apr 2012 16:02:20 +0000

“Talk It Up Tuesdays” takes a look back to some of the best business news that we announced on our Facebook page over the last week. So check here for any news you might have missed during the past week!

Two Twin Cafe on N. Cotner has changed to Boulevard 333 Bistro. Check out their new menu!
Westfield Gateway Mall is part of seven malls to be sold to Starwood Capital Group.
Celebrity Staff has moved to 300 N. 44th Street. Mike Ball, NAI FMA, represented Celebrity Staff.
Mutual of Omaha and Chipotle will be the first two tenants at the Parkhaus Building or f/k/a the Catalyst Project at 13th & Q Street. They will relocate from other downtown locations.

Hancock Holds Real Estate License for 50 Years in 2011

Diana Schilf — Fri, 01 Jul 2011 20:19:45 +0000

George Hancock received his real estate license 50 years ago and how things have changed. Today when someone wants to see what’s available they turn on a computer to view all the listings, but in the 1960’s they would issue a book every six months that had everything that may or may not still be available. According to George, the average price of a house was around $12,000 and you could purchase one of the beautiful homes on Sheridan Blvd for around $16,800. The average annual income was about $4,000, which was more than enough for a bachelor to live on. Lincoln’s population was around 129,000 and it covered 31 square miles, today it covers 85 square miles.

Back when he started in real estate there were only about 30 or 40 REALTORS® in Lincoln, only 4 of which were women. Today there are around 800 members. Property Management did not exist fifty years ago, it was all done by the owners themselves or by banks.

George has seen a lot of changes in Lincoln since he began his career in June 1961 and still finds it fun. He is always a great source of information on both historical and current real estate matters. Congratulations George!

U.S. Poised for Surge in Economy

Diana Schilf — Thu, 14 Apr 2011 22:17:34 +0000

Dr. Peter Linneman, NAI Global’s Chief Economist and Principal for Linneman Associates, stated in his quarterly economic outlook seminar yesterday that the dynamics are in place to see a surge in the US economy. He sighted a number of positive signs that conditions have stabilized and that will help create a surge by year’s end:

1,000,000 jobs were created
Retail sales are up
Pent-up demand for new households
Corporate profits are at all-time highs though very few are distributing it in the form of dividend payments, stock buy-outs, etc.
Households and businesses that were very leveraged by 2007 have now decreased their debt to show improved finances and balance sheets

Job growth is key. As jobs are created, new households form, consumer confidence rebounds, corporate profits go up and the economy stabilizies. The momentum building so far points to a hopeful outlook for 2011.

To participate in the next Global Economic Outlook web conference with Dr. Linneman, mark July 13, 1-2 pm EDT in your calendar.