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08.31.10
Income Growth in Commercial Real Estate by John Highman
Every commercial property will have income streams. The question is, are they all optimized and utilized. In this market the income streams for commercial property are so important to the landlord and the financiers for the property. A property with multiple and well protected income streams will more easily...
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08.13.10
Ortte Buys Nicholson Site by Tom Cook
Brickyard Properties, of which Chad Ortte is the managing partner, has purchased the building currently occupied by St. Vincent de Paul at 1010 Nicholson Dr.
Brickyard purchased the 18,398-square-foot building for $475,000, or about $26 per square foot. The property, which is zoned M1 for light industrial, is located near the Interstate 10 Mississippi River bridge.
St. Vincent de Paul will continue to occupy the building, which at one time housed Montalbano Produce, until a formal redevelopment plan is announced. The seller was Mickey Montalbano, who was represented by Hank Saurage of Saurage Commercial Real Estate...
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08.09.10
Community Recovery and Enhancement Act. H.R. 5943
This is an article sent by ICSC referring to H.R. 5943 designed to help get an infusion of private capital to invest into commercial real estate. It is important for all commercial real estate practioners to contact your Congressperson and support this bill. For more information on this legislation please visit the...
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07.30.10
Dead Malls!
As I sit here reading an article entitled “Retail Architecture’s Changing World” in the one of the latest ICSC publications to come across my desk, it brings to mind a very interesting website that I’m not sure if any of ya’ll are familiar with and might want to take the time to check out entitled...
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07.15.10
Long-Term Outlook for Investing in Mobile Home Parks by Ray Alcorn
The upside to mobile home park investment increases as the mobile home park industry hits an all time low. As communities fight to keep mobile home parks from developing within their boundaries, existing parks have become more valuable because of the barriers to entry. The current economy and lending restrictions will surely produce a comeback for mobile home parks if the following suggestions are taken to heart...
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