Midwest Real Estate News October/November 2014 : Page 4

4 | Midwest Real Estate News | October/November 2014 | www.rejournals.com FEATURES 1 booming in Indianapolis: The industrial market gets most of the attention, but Indianapolis’ other commercial sectors are thriving, too. Midwest Real Estate News takes a look at the commercial real estate activity hitting this key Midwest city. DEPTS/INTERVIEWS Editor’s Letter ..................................... 6 Industrial’s not all that’s Scott Savacool and the power of networking: Scott Savacool is in for some busy times. Not only will he continue to close deals as senior associate with St. Louis-based Sansone Group/CORFAC International, but once January 1 rolls around, he will also serve as president of CORFAC International for one year. ......... 27 end of the shopping 1 The mall? Not quite: Indoor shopping malls are struggling, with several Midwest malls falling to the wrecking ball. But imaginative developers and operators are taking a stand to save the Midwest’s iconic shopping destinations. Shared office space on the rise: It’s expensive to lease office space in Chicago’s Loop. Small business owners who want a presence in the heart of downtown Chicago might find even the oldest office spaces here priced far outside their budgets. And what about those entrepreneurs running home-based businesses? They might be outgrowing their home offices but still find office space in downtown Chicago too pricey. ................. 29 Oct. 8 marked an important day in Block Real Estate Services’ development of the $350 million CityPlace mixed-use project in Overland Park, Kansas: Construction crews began moving actual dirt. 8 CityPlace rises in Kansas: Retail still on the rebound in suburban Chicago: Sean Sharko and Austin Weisenbeck know the retail market in the communities surrounding Chicago. The good news? Both Sharko and Weisenbeck say that retail continues to rebound in the Chicago suburbs. .......... 30 10 Kansas City: The retail market is surprisingly strong in Kansas City. Midwest Real Estate News takes a look at what is bringing the shoppers – and the new retail developments – to this city. Retail on the rise in Golub & Company profile: San Francisco’s trendy SOMA district and Warsaw, Poland, might seem worlds apart, but not for one of Chicago’s oldest family-run commercial real estate companies, Golub & Company. ................................. 31 23 flowing: It’s become easier for developers to find financing for their projects. But they still need to show lenders that they have the right projects in the right locations. Financing dollars are CBRE’s John Latessa: Committed to Detroit: John Latessa’s long commercial real estate career got its start the summer nearly three decades ago that this veteran broker spent as an assistant for a lawn-care company. ............................. 33 Good times in Lincoln, 24 Omaha: The two biggest cities in Nebraska – Lincoln and Omaha – are both enjoying rising commercial real estate activity. What’s behind all the good times in Nebraska? We spoke to CRE pros to find out. CBC Real Estate Group profile: Entrepreneurial and adventurous. That’s how Rick Baier describes the commercial real estate and development company he helps run, Kansas City’s CarrBaierCrandall, better known as CBC Real Estate Group. ............ 34 26 identity: There was a time when Nashville lacked a strong identity. Those days are long gone, and the commercial real estate market here is booming thanks to it. Nashville finds its Directory listings ............................ 41

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