Midwest Real Estate News November 2016 : Page 4

4 | Midwest Real Estate News | November 2016 | www.rejournals.com FEATURES Proud Projects: Developers and brokers work on plenty of commercial real estate projects during their careers. Some of these office towers, apartment buildings and industrial facilities necessarily blend together. But there are some that stick out. These are the projects that make or have the potential to make a true difference PROFILES/COLUMNS Multifamily still booming, with no end in sight: The multifamily sector is soaring across the country and the Midwest. The St. Louis market is no exception, as developers continue to bring new units to the region and existing apartment properties continue to enjoy low vacancy rates. 1 18 Noddle Companies’ big move in Western Omaha: With its latest development project, Noddle Companies is poised to transform the western half of Omaha, giving this slice of the city a new downtown on long-undeveloped land. 25 Is your office crave-worthy? Margy Sweeney, @TeamAkrete ........... 19 It’s not about boomers vs. Millennials Dan Peterson, Colliers International ............................................................29 Relevant retailing Dale Watchowski, REDICO, and Chris Brochert, Lormax Stern ......................30 The Suburban Apartment Market Is Stronger Than You Think David Carlson, Redwood Capital Group ............................................................ 32 Indianapolis’ industrial Market on Path for a Record Year……… ........................ 33 ULI Dearborn plan a blueprint for struggling downtowns John Petz, Urban Land Institute Michigan .............................................34 Building the perfect strip center: 1 There are strip malls that seem cursed. Half their stores are vacant at all times. Their parking lots are crumbling. Businesses open one week and are gone by the following month. There are others that lead a seemingly charmed life. They attract big-name tenants, boast parking lots that are always packed. Singles’ Day record highlights 12 consumers’ love affair with online shopping: Online retail giant Alibaba just set a new record for its Singles’ Day sales. It’s just one more sign of how quickly online sales are growing. The importance of foreign dollars: Look at the biggest commercial real estate deals across the country. The odds are high that investors from overseas purchased these key office towers, retail centers or apartment projects. Spec industrial gaining strength in Indianapolis: Indianapolis has long been an industrial powerhouse. Today, developers are adding to that reputation with an increasing amount of spec projects. 18 Companies relying more on cool to recruit top workers: What makes an office cool? How about a rooftop deck that provides a stunning view of the city skyline? And what if that outdoor deck features floor-to-ceiling glass? 26 The secrets to rejuvenating a dying downtown: It was plain to see: The downtown business strip that had so long thrived in Birmingham, Michigan, was struggling. 22 16 Industrial boom not slowing in Indianapolis: Midwest Real Estate News recently spoke with Dustin Looper, senior vice president in the Indianapolis office of Resource Commercial Real Estate, about the strength of the Indianapolis industrial market. Looper said that the industrial market here continues to soar, and that this won’t be changing anytime soon. 24 Constant tinkering and the Amazon model: Midwest Real Estate News asked Brian Quigley, executive vice president of Rosemont, Illinois-based Conor Commercial Real Estate, the big question: How is the growth of Amazon – which seems to open a new distribution center in the Midwest on a weekly basis these days --changing the transportation and logistics decisions that industrial users are making today? 27 Changing patients, changing healthcare industry: The evolving demands of patients are changing the way developers build healthcare facilities. Midwest Real Estate News spoke to Irgens about the constant evolution of healthcare real estate. 28 DEPARTMENTS Editor’s Letter .......................................4 Directory Listings ...............................36

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