NAI Isaac Brokers long term lease for former Tempur-Pedic HQ facility in Lexington, KY

Bruce Isaac, SIOR, CCIM, Senior Vice President and Paul Ray Smith, Executive Vice President of NAI Isaac Commercial Properties represented the Landlord, Setzer Investments No. 4, LLC, in lease  negotiations with Corrisoft, LLC for the +/- 94,000 SF HQ Facility on 7.7 acres of land located at 1713 Jaggie Fox Way. Corrisoft, LLC provides satellite […]

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SOLD – Tempe Self Storage Facility

TEMPE STORAGE COMPANY SOLD BY EAGLE COMMERCIAL REALTY SERVICES   FOR IMMEDIATE RELEASE September 12, 2013 – PHOENIX — Tempe Storage Company sold by Eagle Commercial Realty Services. Tempe Storage Company, located at 810 S. McClintock Drive, has been sold.  Jeff Gorden, CCIM, Vice President with Eagle Commercial Realty Services was the listing agent. Built in […]

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Post Recession – Retail will never look the same…

Following the Great-Recession and ever changing consumer habits, the future of retail centers will most certainly look nothing like what we saw just five years ago. In 2008 regional retail power centers were planned for three corners of an intersection in nearly every regional trade area of our market here in Phoenix, AZ. This meant […]

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Kristian Lee Named Vice-Chair Mainstreet Organization of REALTORS® Commercial Committee

Kristian Lee, one of our latest members of our blog team here at tBL and Vice President of Schulz Properties, has been appointed as Vice-Chair of the 2013-2014 Commercial Committee for Mainstreet Organization of Realtors® (MORe). This is Lee’s first time representing Schulz Properties on MORe’s Commercial Committee. As the largest real estate association in […]

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Myth Buster for #CRE: Things Really Do Take Time!

Let us say you hired an agent and they sent you a list of sites to consider and review. As the user or tenant, you review the list, make your choices, and you are ready to go. As the user or tenant, you notify your agent that you are available to see the selected sites […]

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NAI Isaac Assists with Panera Bread Lease Renewal & Expansion

NAI Isaac assisted with the relocation and expansion of long time tenant, Panera Bread, at French Quarter Square. The expansion is now complete providing Panera with additional seating and an expanded kitchen. French Quarter Square is located at 2573 Richmond Road and is home to Doubletree Guest Suites, Posh Salon & Spa and Sun Tan City. Paul Ray Smith, […]

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OOPS REA Did It Again – No Cost #CRE #CRM Training Session

Yes, we messed up big time. We have made this big OOPS, but we will stand by it! Learn about why commercial real estate and managing data go hand in hand! There are so many facets to managing your clients, buildings, listings and information and it can be very overwhelming. It is the goal of […]

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The crash of 2008…what I learned…why you should care

I provide Location Advice to owners and occupants of industrial buildings in Southern California. Five years ago this summer we were riding high at warp speed toward the precipice of a financial market crash like none of us (lest you survived the Great Depression) has ever seen. I was completely un-prepared as were most of […]

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Shari A. Tucker-Gasser Recognized in Women of Influence in RE Forum Magazine

Phoenix, Arizona – September 4, 2013 – Real Estate Forum celebrates the 20th Annual ‘Women of Influence’ by naming Shari A. Tucker-Gasser, Partner of the Phoenix Sperry Van Ness, LLC office and Multi-Tenant Retail Investment Council Chair of Sperry Van Ness International, among ‘Women of Influence’ in the commercial real estate industry for 2013. ALM’s […]

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GPE Management Services Now Operates Nationwide

Phoenix-based GPE Management Services has expanded beyond Arizona for the first time, and the company now oversees commercial properties in Georgia, North Carolina, and elsewhere in the southeast United States. The expansion developed through the firm’s partnership with a well-known national institution. “We were selected by our client to oversee these important assets because of […]

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Phoenix Retail Market Continues to Improve

  Rents Bottom Out Investment Sales Volume Up New Construction is Minimal Vacancy Expected to be 10% or less by end of the year The Metro Phoenix retail market is continuing to improve with strong momentum continuing to build in leasing activity as well as investment sale transactions. Additionally, the trend in rental rates, which […]

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Small Business Density = Opportunity for OfficeMax

I just love when new retail concepts open close to my office and I was so excited to see the new concept store OfficeMax Business Solutions Center, or the store of the future, open in my backyard! When companies are able to adapt and reinvent themselves, it is a win-win for us all. Both the […]

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Cities Shooting Economic Development in the Foot

NOTICE TO MUNICIPALITIES: If you want economic development, ACT LIKE IT! Sometimes, municipalities can be their own worst enemies when it comes to economic development. At best, things they sometimes do or do not do, evidence disinterest, if not incompetence. Alternatively, it may evidence a breach of trust to the community and local taxpayers. Here […]

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Relocation Clause Undisclosed by Dual Agent Equals #CRE FAIL!

Each year, I am amazed at the new things I see happening with tenants. One of the largest buildings near us in Southfield has taken the relocation clause to new heights. A tenant in the building worked diligently with their landlord to get their proposed office space just right. No sooner was the lease signed […]

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Sperry Van Ness Shares Recent Leasing and Sales Transactions

Sperry Van Ness Shares Recent Leasing and Sales Transactions RETAIL LEASES: Greg Vanlerberghe and Erin Schrauth represented the landlord at Gilbert Fiesta II at 207 E. Williams Field Road in Gilbert to lease 2,025 SF to Sundust Gallery. Darlene Saunders of Evergreen Commercial Realty represented the tenant. Michael Franks and Michael Gaida represented an Allstate […]

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GPE Promotes Kristina Konen to Director of Marketing

GPE Companies is proud to announce the promotion of Kristina Konen to Director of Marketing for GPE Companies. In addition to her daily graphic design and marketing duties that she performs as Senior Marketing Coordinator, Kristina will lead the department and work closely with the brokers and property managers to achieve dynamic campaigns and innovative […]

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3 Ways That War Makes You a Better CRE Professional (Part 3 of 3)

This is the final part of a 3-part series on how war makes you a better CRE professional. Please read Part 1 and Part 2 as well. Build a Network In Afghanistan, our network consisted of local villagers, elders, contractors, children, police, and even Taliban. Your network supplies you with intelligence (leads), and introduces you […]

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3 Ways That War Makes You a Better CRE Professional (Part 2 of 3)

This is Part 2 of a multi-part series on how war makes you a better CRE professional. Click here to read Part 1. Build Rapport Our Afghan counterparts (ANA) were critical to our mission in Afghanistan.  They knew the people, culture, terrain, history, and sketchy areas better than we ever could.  There were countless times […]

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3 Ways That War Makes You a Better CRE Professional (Part 1 of 3)

War teaches you a lot about life, death and yourself.  Over 2.2 million Americans have fought in Afghanistan and Iraq, and everyone had different experiences and take-aways.  I learned a lot while fighting on the front lines of Afghanistan, and had a lot of fun doing it.  Here are 3 things that have made me a […]

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De Rito Partners August 2013 Recent Commercial Transactions

New bike shop opening in Tempe The Pedal Bike Shop signed a lease for 3,763 square feet at 405 W. University Drive, near the ArizonaStateUniversity campus. The shopping center is located at the southeast corner of University Drive and Wilson Street in Tempe. De Rito Partners’ brokers John Palmieri and Chris Corso represented the landlord […]

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Event: Commercial Investment Mega Agent BOOT(re-boot) CAMP – September 2013

Thanks to Charlie Kennedy for sharing this event with us! COMMERCIAL / INVESTMENT MEGA AGENT BOOT (re-boot) CAMP This event is more than a HOW TO… it is a TO DO. Everything you need, to know…… to DO…. And nothing else! WHERE: 6005 HIDDEN VALLEY RD. CARLSBAD, CA. (KW Commercial Office) WHEN: Wednesday & Thursday, Sept. 25th […]

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NAI Isaac Brings Broadway Chiropractic to Northland Shopping Center

Broadway Chiropractic of Lexington, PLLC will open their new location in the Northland Shopping Center. Northland Shopping Center is a grocery anchored (Save-a-Lot) neighborhood shopping center located at 208 Legends Lane in northeast Lexington, adjacent to Whitaker Bank Ballpark.  Paul Ray Smith, Executive Vice President and Jamie Adams, Associate of NAI Isaac Commercial Properties represented […]

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Chinoe Center Welcomes Shakespeare and Co. Restaurant

Shakespeare and Co. Restaurant is slated to open their second Lexington location in Chinoe Center in late 2013 or early 2014.  Anchored by Kroger, Chinoe Center is located at 1050 -1060 Chinoe Road between Alumni Drive and Tates Creek Road on the southeast side of Lexington. Shakespeare And Co. will provide an ambiance of Victorian elegance […]

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Berea Shoppes Welcomes Liberty Tax Service and Isaacs Gun Shop

Liberty Tax Service will open their first Berea location in January 2014. There are over 4,500 Liberty Tax Service offices operating in the United States and Canada. Isaacs Gun Shop will open their first location in October 2013. Berea Shoppes is located at 219 Prince Royal Drive in Berea, KY. Located in Madison County, Berea […]

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All #CRE industrial buildings are created equal…aren’t they?

I provide Location Advice to owners and occupants of industrial buildings in Southern California. Today’s post deals with the features that define the different types of industrial buildings. If you are a CRE practitioner, no need to read further…you could have written this post. However, if you are an occupant or a service provider, continue […]

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CCIM New York Metro Chapter Event: Billy Procida – Outlook for 2014

CCIM New York Metro Chapter is proud to host a wonderful networking event Thursday Sept. 12th at The Chart House in Weehawken, NJ. In addition, there will be a networking session portion of the evening as well. The guest speaker of the event will be Billy Procida! Since forming Procida Advisors in 1995, Billy has […]

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Phoenix Metropolitan Area Healthcare Real Estate Market Overview | Second Quarter 2013

Medical Office Lease Activity The leasing market for medical office space in the Valley for the Second Quarter, 2013 is reporting an increase in the average lease rate from approximately $21.15 per square foot, Full Service, in the First Quarter, 2013 to $21.92 per square foot, Full Service, this Quarter; which consists of 331 buildings […]

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