Midwest Real Estate News February/March 2014 : Page 4

4 | Midwest Real Estate News | February/March 2014 | www.rejournals.com FEATURES Building a new downtown in Oak Creek : Like many suburbs, the city of Oak Creek in Wisconsin is missing one thing: a walkable downtown. And today, that’s a negative. Companies look for pedestrian-friendly downtowns when deciding where they’ll move. Families do the same.That’s why the new Drexel Town Square mixed-use development is so important to this Milwaukee suburb. PROFILES/COLUMNS CORFAC International: Still strong after 25 years: Steve Podolsky can trace the beginnings of the CORFAC International network to a 1986 breakfast meeting in the coffee shop of the Grand Hyatt Hotel in Manhattan during a SIOR convention. 1 12 Multi-family market still a hot one: The multi-family market is showing no signs of slowing, according to pros with Arbor Commercial Mortgage and Dougherty Mortgage. 1 Something new for Chicago apartment owners? Lee Kiser, principal of Chicago multi-family investment brokerage house Kiser Group, is predicting something new for the owners of downtown Chicago apartment buildings: rent declines. 8 Adapting to the changing world of seniors housing: There was a time when the seniors living in traditional nursing homes had to eat at certain times. And when it was activity time? Everyone had to do the same activity at the same time. That’s no longer the case in the seniors housing world. Just ask Bill Aubrey, senior project manager and internal senior living team leader with Hoffman Planning, Design & Construction in Appleton, Wis. 15 Cushman & Wakefield/Northmarq keeps expanding: Like many commercial real estate firms, Minneapolis-based Cushman & Wakefield/NorthMarq expects a big 2014. And to help make sure that this happens, the company in late 2013 made a big move, acquiring Commerce Real Estate Solutions in Salt Lake City. 18 Profile: Marcus Pitts, Jones Lang LaSalle................................................... 22 Profile: Sandy Golden, CBRE ................. 24 Opportunities In Adaptive Re-Uses: Dan Hamptom, BMO Harris Bank .......... 28 Energizing Your 1031 Exchange With Oil And Gas Royalties: Parker Hallam, Crude Royalties ..................................... 29 The Logic Of Logistics: Dave Corrigan and Dan Burke, Corrigan Moving Systems ... 30 The Power Of EDCs: Rock County Development Agency ............................. 31 A Look Back At Chicago In 2013: Matt Ward, The Alter Group ........................... 32 Profile: Tom Holtz, CBRE ........................ 33 Profile: Iridium Capital Management .... 34 Bringing new life to 700,000-square-19 foot campus in Minnesota: A key corner in the Minneapolis market will soon be home to a mixed-use development including offices, shops, restaurants and a future hotel, thanks to a partnership between Minneapolis’ Kraus-Anderson and Aventura, Fla.-based Elion Partners. The power of pop-up stores: More retailers are experimenting with pop-up stores, retail locations operating under short-term leases. There are two good examples right now in Minneapolis. Recovery gaining momentum in 10 suburban Chicago: The good news? CRE activity in Chicago’s suburbs is picking up. The bad news? Activity still isn’t as strong as everyone would like. Meeting the evolving needs of 16 patients, providers: Irgens knows the healthcare development market. And today, Irgens, like all successful developers in this field, is adapting to meet the evolving needs of both patients and medical providers. A new look for RBC Plaza: Big changes keep coming to downtown Minneapolis. And now more of it is coming to a key address in the city’s Central Business District, 555 Nicollett Mall, home of the building formerly known as Gaviidae Common II. 20 17 Good news for Western Michigan: 21 Colliers International | West Michigan in late January held its breakfast forecast event. The good news? We should see plenty of commercial deals in the West Michigan region in 2014. DEPARTMENTS Briefs ..................................................... 35 Trends .................................................... 38 www.BellwetherEnterprise.com Bellwether Enterprise has everything you need in a national fi rm, including the Bellwether Enterprise is not your typical commercial and multifamily mortgage banking company. We’re a collection of passionate people who believe in putting the customer fi rst. Large enough to provide an impressive variety of lender options, we’re just the right size to offer the type of one-on-one attention you deserve. Call 866.420.2966, stop by one of our local offi ces, or visit www.BellwetherEnterprise.com. heart of a boutique. VISION A FULL SERVICE COMMERCIAL & MULTIFAMILY MORTGAGE BANKING COMPANY CLEVELAND, OH HEADQUARTERS ATLANTA, GA CHICAGO, IL CINCINNATI, OH COLUMBIA, MD COLUMBUS, OH DALLAS, TX LEXINGTON, KY LOUISVILLE, KY NEW YORK, NY PITTSBURGH, PA RALEIGH, NC SEATTLE, WA SOUTH BEND, IN KNOWLEDGE PEOPLE

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