NAI Chief Economist, Dr. Peter Linneman, provides an update on the real estate capital market and pricing, the impact of a lack of political leadership; the declining U.S. education system and the future of the Euro. Curious as to where we are in the recovery? What is the impact of a lack of political leadership? Which MSA’s are faring the best? and is quantitative easing helping or hurting? If you find yourself asking these same questions, Click HERE.
originally featured in qconline.com November 2, 2011.
Jim Stopulos and Wife Jeanne, part of the NAI Ruhl & Ruhl Commercial Company family, were selected to be participant’s on today’s Honor Flight of the Quad Cities. The Quad Cities has created a local chapter of the Honor Flight Network, called Honor Flight of the Quad Cities, to fly America’s veterans to Washington, D.C. to visit the memorials dedicated to honoring their sacrifices.
Jim and Jeanna, married 66 years, and both active members of the military, share the same interests when it comes to these experience. Both enjoyed their time in the service and have good memories and connections.
NAI Ruhl & Ruhl Commercial Company could not be more thrilled for Jim and Jeanne Stopulos.
To read this article in its entirety, CLICK HERE.
Jim Tansey, CCIM, of The Hawkeye Group at NAI Ruhl & Ruhl Commercial Company has put together a summary of closed commercial real estate transactions in Scott & Rock Island County from April 1, 2011 through June 30, 2011, as reported to the Quad City Area Realtor Association’s (QCARA) commercial multiple listing service (CMLS). Below are his findings.
The overall commercial real estate market for Scott and Rock Island Counties in the 2nd quarter was up 27.65% over the previous quarter. The market had basically been flat for the past three quarters. The total transaction volume for the quarter was $19,985,912, split almost identically between sales and leasing activity. There were 66 total transactions closed, up from 41 the previous quarter.
The biggest increase on the sales side came in the land category, which has been moving very slowly over the last several quarters. The 2nd quarter saw 9 land transactions totaling over $5.25 million, while the previous quarter total was around $600,000.
Transactions almost doubled on the leasing side, rising to 41 in the 2nd quarter from 21 in the 1st. The office category led in transactions with 21, followed by retail with 13, and industrial with 7. The industrial category led in volume, at $4.39 million, followed by office at $3.93 million, with retail coming in at $1.67 million.
To see these findings in chart and graph format, Click Here.
article originally published in the Quad City Times by Bill Wundram on August 13, 2011.
List agent, John Ruhl of NAI Ruhl & Ruhl Commercial Company believes, “The upper levels would be perfect for loft apartments.” Built in 1942 and offering lots of character, the first floor contains marble floors and the mezzanine level contains a suite with fireplace. Although there have been several different occupants, the last was Amazon Vinegar & Pickling Works, Dry Goods.
To read more on this building or to view the original article in it’s entirety, CLICK HERE.
$375,000 or $3.50 PSF
Also includes 4,800SF covered storage area building on site. This is a turn-key boat sales facility. Entire subject lot is fenced. Call LA to show. Existing business still in operation. Price does not include business or equipment.
53rd & Spring Street, Davenport, IA
Size: 1.81 AC
Prominent location at 53rd & Sprint Street. All utilities in place. 20,600 VPD. Zoned C-2. Contact LA for more information.
Address: 411 Brady Street
Available SF: 24,380
LA: John Ruhl & Rick Schaefer
Attractive building in excellent condition suited for a number of uses. Reference 407 Brady Street in Scott County Assessor. 6,440 S.F. main floor, 4,140 S.F. mezzanine, 6,900 S.F. 2nd floor. Complete rennovation since 1996. Rennovations include mechanical systems, electrical systems, roof and installation of elevator. Very nice building.
NAI Ruhl & Ruhl Commercial Company’s Keith Olson selected as Transaction Leader for Downtown Des Moines
In a ceremony held yesterday, May 18, 2011 at Big City Burgers, Keith Olson was named as the “Transaction Leader” at the Downtown Broker of the Year ceremony. Based on volume of sales completed for the 2010 year, this is Keith’s second year in a row winning this award. In 2010 along with the Transaction Leader award Keith was also named as the Downtown Broker of the Year.
The award was given to the individual who has shown exceptional dedication and commitment to leasing and selling office space in Downtown Des Moines.
“Their contributions and achievements are invaluable to our Capital City Downtown” – Downtown Des Moines
Congratulations Keith for winning such a prestigious award!