10 Must Reads for the CRE Industry Today (Jan. 17, 2019)

 

 

“You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur “    I AM YOUR LAND / INDUSTRIAL AND INVESTMENT SPECIALIST / LOOKING FOR OWNERS  Call me if you want to sell your property and  need an estimated value.  Direct : 602-759-1209, Prefer cell: 520-975-5207 or email me walterunger@ccim.net.    A  CLICK HERE TO VIEW ALL MY $ 60 MIL OF LISTINGS .  

 

Hudson Yards developer was considering a wall, but later backtracked those plans, reports The New York Times. Harrah’s Reno Hotel and Casino sale shows growing challenges for traditional gambling operators, according to the Wall Street Journal. These are today’s must reads from around the commercial real estate industry.

NREI Staff | Jan 16, 2020

  1. They Were Going to Build a Wall at Hudson Yards. Then Came the Backlash.“When news emerged last week that the developer building Hudson Yards was considering the wall, the backlash was intense. “This is the worst sort of planning,” said Gale Brewer, the Manhattan borough president.” (The New York Times)
  2. Zaha Hadid’s Miami Tower is an Architectural Feat. Is It Designed to Sell?“It took seven years and nearly $300 million to build the late architect’s futuristic tower. Now, the developer is trying to sell the building’s remaining units amid a softening condo market and oversupply of luxury product.” (Wall Street Journal, subscription required)
  3. Harrah’s Casino in Reno to Be Sold, Closed After 82 Years“Harrah’s Reno Hotel and Casino will close after Caesars Entertainment Corp. said it agreed to sell the property for $50 million to a real-estate developer, which will turn it into a nongambling resort. The change of business plan highlights the growing challenges facing traditional gambling operators.” (Wall Street Journal, subscription required)
  4. Payless ShoeSource Emerges from Bankruptcy — Again“Payless ShoeSource said Thursday it has emerged from Chapter 11 bankruptcy protection for a second time, with a renewed focus on its international operations.” (CNBC)
  5. Procrastinators Abounded This Christmas. And More Retailers Pushed People to Stores to Pick Up Online Orders“More people are turning to stores to pick up their last-minute online purchases. The option, when utilized by customers, is a way for retailers to make their online orders more profitable.” (CNBC)
  6. Krieg DeVault’s Adams: Plenty of Good Happening in Indy … and its Suburbs“David Adams knows the Indianapolis market. He’s a partner with the Real Estate and Environmental and Commercial Real Estate Lending practice groups at the Indianapolis office of law firm Krieg DeVault. Because of this, he knows how busy Indianapolis and its suburbs are today, and he understands just how high the demand is for multifamily and industrial real estate here.” (RE Journals)
  7. Workforce Shortage Among Factors Affecting Maine’s Real Estate Market, Says Trade Group Head“Maine, like the nation, has now seen economic growth that’s gone on unbroken for over a decade. That growth has been reflected in real estate development around the state. Will it continue?” (Maine Public)
  8. CRE Opinion: E-commerce is Chipping Away at Traditional Retail Sales“When it comes to retail, Venture Commercial’s John Zikos says properties that are neither convenient nor compelling cannot compete.” (D Magazine)
  9. With Glitzy New Buildings Well Under Way, Charlottesville’s Office Space is Moving on Up“From food courts and beer taps to onsite living quarters and Blue Ridge Mountain views with private parking, Charlottesville’s current crop of soon-to-be-finished office buildings are displaying a lot of class. And that class is Class A.” (The Daily Progress)
  10. Avison Young’s Top CRE Trends for 2020“From cobots and climate change to placemaking, Avison Young takes a look at top trends for the year ahead.” (Commercial Property Executive)

SEE IT ALL: https://www.nreionline.com/nrei-wire/10-must-reads-cre-industry-today-jan-17-2019?NL=NREI-21&Issue=NREI-21_20200116_NREI-21_559&sfvc4enews=42&cl=article_6&utm_rid=CPG09000005957475&utm_campaign=24924&utm_medium=email&elq2=73d435da0a5d441998390906d57972a7

 

FROM ME:                                                                    

Phoenix Commercial Real Estate and Investment Real Estate: Investors and Owner / Users need to really know the market today before making a move in owner user Commercial Properties, Investment Properties and land in Phoenix / Maricopa County, Pinal County / Arizona, Properties and Investment Properties. I am marketing my listings on Costar, Loop-net CCIM, Kasten Long Commercial Group.  I also sold  hundreds millions of dollars’ worth of  Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with  brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also international as the market has a lot of moving parts today. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land  Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands Commercial en.wikipedia.org/wiki/CCIM    I AM YOUR LAND / INDUSTRIAL AND INVESTMENT SPECIALIST / LOOKING FOR OWNERS   CLICK HERE TO VIEW ALL MY $ 60 MIL OF LISTINGS     PLEASE CALL ME –  Direct : 602-759-1209 , cell: 520-975-5207 or email me walterunger@ccim.net

 

WEEKLY LAND SALES

“The major fortunes in America have been made in land.”   John D. Rockefeller

WEEKLY LAND CLOSING UPDATE THROUGH JANUARY 10, 2020 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE THROUGH JANUARY 3, 2020 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE THROUGH DECEMBER 27, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE THROUGH DECEMBER 20, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE THROUGH DECEMBER 13, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE THROUGH DECEMBER 6, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE THROUGH NOVEMBER 22, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE THROUGH NOVEMBER 15, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE THROUGH NOVEMBER 8, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY LAND CLOSING UPDATE THROUGH NOVEMBER 1, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY INDUSTRIAL SALES:

WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH JANUARY 10, 2020 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH JANUARY 3, 2020 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH DECEMBER 27, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH DECEMBER 20, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH DECEMBER 13, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH DECEMBER 6, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH NOVEMBER 29, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH NOVEMBER 22, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH NOVEMBER 15, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH NOVEMBER 8, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County.

WEEKLY INDUSTRIAL CLOSING UPDATE THROUGH NOVEMBER 1, 2019 / Phoenix Arizona Metro, Maricopa County, Pinal County. c                                                                                                                                                         

 

I AM YOUR LAND / INDUSTRIAL AND INVESTMENT SPECIALIST / LOOKING FOR OWNERS   CLICK HERE TO VIEW ALL MY $ 60 MIL OF LISTINGS

CLICK HERE FOR APARTMENTS FOR SALE:

 

 

 

Walter Unger CCIM

Phoenix , AZ 85018

CELL: 520-975-5207

walterunger@ccim.net

CLICK HERE TO VIEW ALL MY LISTINGS

www.Walter-Unger.com

www.KLCommercialGroup.com

What is a CCIM.

 

 

 “You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur “  ARE YOU READY TO SELL OR PURCHASE YOUR INDUSTRIAL / OFFICE OR RETAIL BUILDING OR YOUR  LAND  in Phoenix, Maricopa County and Pinal County, Arizona, please call me.  Office: 602-445-4113,  Direct : 602-759-1209 , cell: 520-975-5207 or email me walterunger@ccim.net.  … CLICK HERE TO VIEW ALL MY LISTINGS.

 Let me know if you are interested in Apartments: CLICK HERE FOR APARTMENTS FOR SALE     

CLICK HERE:  Arizona Opportunity Zones As We Understand /maps. Interested!!! Please contact me.

History of Arizona from  900 BC – 2017 -Timeline.

WHY PHOENIX? AMAZING!!!  POPULATION – IN 1950 THERE WERE 331,700 PEOPLE LIVING IN PHOENIX – “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

PHOENIX TOPS US IN POPULATION GROWTH (MORE THAN LA, NYC) AND WHY THAT’S GOOD FOR THE ECONOMY, BUSINESS

 

8 Reasons You Should Invest in Land

History of Arizona from  900 BC – 2017 -Timeline.

 

WHY PHOENIX? AMAZING!!!  POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”

PHOENIX TOPS US IN POPULATION GROWTH (MORE THAN LA, NYC) AND WHY THAT’S GOOD FOR THE ECONOMY, BUSINESS

DOT – LOOP 202 / SOUTH MOUNTAIN FREEWAY / PHOENIX AZ – UNDER CONSTRUCTION

ARIZONA FACTS – YEAR 1848 TO 2013

VIEW ALL OF WALTERS LISTINGS

What is a CCIM.

CLICK HERE TO VIEW MY WEBSITE

  • DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:
  • The average age of the population is 34 years old.
  • The health cost index score in this area is 102.1. (100 = national average)
  • Here are some of the distributions of commute times for the area: <15 min (22.7%), 15-29 min (36.8%), 30-44 min (25.1%), 45-59 min (8.6%), >60 min (6.8%).

PHOENIX PROJECTED AS NUMBER ONE US HOUSING MARKET FOR 2017

LIST OF ECONOMIC DEVELOPMENT PROJECTS IN PINAL COUNTY, REVISED 2-14-17

Reasons to Consider me for Commercial Referrals – I have the Knowledge and Experience                                                                                                                         

Click here to View My Listings and Profile

Click here to find out what is a CCIM:

Click here to view my website:

Click her to join my mailing list :      

Walter Unger CCIM –  walterunger@ccim.net   – 1-520-975-5207  –  http://walter-unger.com

2016 Official Arizona Visitors Guide

Visit Arizona

Why Phoenix?  This is a very interesting article, you should read it, amazing, there were only 350 K people living in Phoenix in 1950

Timeline of Phoenix, Arizona history

Phoenix, Arizona

Facts of Arizona – year 1848 to 2013

Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.

Walter Unger CCIM

CELL: 520-975-5207

walterunger@ccim.net

CLICK HERE TO VIEW ALL MY LISTINGS

www.Walter-Unger.com

www.KLCommercialGroup.com

What is a CCIM.

 

“You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur “   

Please check maps if your Land or Commercial Property is in the Opportunity Zone, IF SO CONTACT ME / THIS IS FOR SELLER’S AND BUYER’S.

ARE YOU READY TO SELL OR PURCHASE YOUR INDUSTRIAL / OFFICE OR RETAIL BUILDING OR YOUR  LAND  in Phoenix, Maricopa County and Pinal County, Arizona, please call me.

Also Call me if you need an estimated value of your Property.

Call me if you want to see a map with what is in the Construction Pipeline for Apartments.

Direct : 602-759-1209,  Prefer cell: 520-975-5207,   or email me walterunger@ccim.net.       CLICK HERE TO VIEW ALL MY LISTINGS.    

 

Check out my professional profile and connect with me on LinkedIn.

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 Kasten Long Commercial Group tracks all advertised apartment communities, including those advertised by other brokerages.  The interactive map  shows the location of each community (10+ units) and each location is color coded by the size (number of total units). 

 Walter Unger CCIM, CCSS, CCLS

I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years.  If you have any questions about Commercial / Investment Properties in Phoenix or Commercial /  Investment Properties in Arizona,  I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us. 

Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207

www.Walter-Unger.com

 

Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me.

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