Martens Companies 

What is a Restricted Appraisal Report?

A Restricted Appraisal Report contains minimal detail/content and can legally only be relied upon by the client, not any other party. This type of report is not appropriate for most appraisal situations due to the fact that it contains minimal details and content. Further, this report type may not be understood without additional information contained in the workfile that is not transmitted in the report. This is the least common appraisal report type because it does not satisfy the needs of most lenders or appraisal users. However, when a very abbreviated appraisal report…

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Martens Companies NAI Martens 

A Guide to Medical Space

NAI Martens is excited to present A Guide to Medical Space–a collaborative effort between NAI Martens brokers and Martens Appraisal appraisers to bring you the latest trends in medical office space in the Wichita market area. Take a look inside to learn 2017 vacancy rate and net absorption statistics, a look at what is coming to the market and a section naming a few important trends to be aware of when leasing medical space and how these can affect you. A Guide to Medical Space Trouble viewing? CLICK HERE Call…

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Martens Companies NAI Martens 

This week in Wichita Commercial Real Estate 2.9.18

Wichita Commercial Real Estate News This week’s top Wichita commercial real estate news Longwell: Group has $120 million for downtown medical facility Mayor Jeff Longwell says a group of local doctors has raised $120 million for a potential medical complex in downtown Wichita…Wichita Business Journal Sudha Tokala has $125 million plan for four downtown properties Sudha Tokala, the pharmacist and nascent developer who has been on something of a downtown building buying spree, has purchased another property and is now sharing a small glimpse into her $125 million plan for four buildings…Wichita…

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Martens Companies NAI Martens 

Blockchain, Smart Contracts, and Commercial Real Estate

Luke Feldman and Christian Harden, two advisors with NAI Hallmark in Jacksonville, Florida put together this article about Blockchain and commercial real estate.  This is a complicated topic, but we think they did a great job laying it out and we wanted to share it with you. For most people, 2017 was the year they heard about bitcoin and learned enough about the cryptocurrency to forget within 24 hours. We’ve all had that friend claiming to be a brilliant investor because they bought $50 worth of litecoin and ethereum before prices…

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Martens Companies NAI Martens 

Monday’s with Martens 2.5.18

  Over the past few years, NAI Martens’ team of Jeff Englert and Nathan Farha have emerged as leaders in the Wichita, Kansas multifamily investment arena. Working on deals ranging from four-plexes to portfolios in excess of 600 units, they have worked with a number of first time investors. From those experiences they have developed a list of five things every new investor should know before getting started with multifamily properties. Don’t confuse where you would live personally with where you should invest in apartments. It’s not about what feels comfortable…

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Martens Companies NAI Martens 

This week in Wichita Commercial Real Estate 2.2.18

Wichita Commercial Real Estate News This week’s top Wichita commercial real estate news NAI Martens assists Aldi in expanding Wichita location Aldi Inc. is expanding its store in northwest Wichita, according to a news release…Wichita Business Journal Hive co-working space to be geared to supporting business women Last fall, when Andrea Stang became a full-time freelance writer, she says she couldn’t find a co-working space she liked…Wichita Eagle More Wichita Real Estate News Percentage of Wichita residents who rent skyrockets, study says One consignment shop has found a new owner, but another…

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Martens Companies NAI Martens 

What’s Coming 2018: Restaurants

In previous posts about development in Wichita, we looked at the attractions and events as well as business and development projects coming to Wichita in 2018.  Today we will take a look at a few of the restaurants and bars coming in 2018. Please keep in mind that restaurants don’t always open on time and that this is only a partial list, by mid-year we will need to do a new post! Reverie Coffee Roasters and Founder’s Bakery Located at 2202 E. Douglas Ave. Wichita, Kansas and led by Chef Stephanie Hand from  Reverie…

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Martens Companies NAI Martens 

Press Release: NAI Martens brokers 15-year lease agreement with Aldi

WICHITA, KS – January 31, 2018– NAI Martens announced Wednesday that it brokered a 15-year lease agreement between the owners of Sweetbriar Shopping Center and Aldi. John O’Rourke and Nathan Farha represented the Sweetbriar ownership in the transaction. Aldi is already a tenant in the center, located at 2263 N. Amidon Ave., but will now expand into an additional 5,224 square feet. The global discount supermarket chain will now occupy 19,867 square feet. This added space will allow Aldi to offer its newest store concept. “Everyone seems very happy with…

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Martens Companies NAI Martens 

Monday’s with Martens 1.29.18

Previously, we shared some of the big picture drivers for CRE in 2018. In this, and future articles, we’ll look at trends specifically related to the primary market sectors. This week we’ll look at retail and the shopping experience. It has undergone massive changes over the past two decades, especially as e-commerce has won over consumers and smartphones have become the must-have accessory. These days, retailers work around the clock to navigate a digital world that continues to evolve at a dizzying pace, while tech-savvy consumers have increased their demands…

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Martens Companies NAI Martens 

This week in Wichita commercial real estate 1.26.18

Wichita Commercial Real Estate News This week’s top Wichita commercial real estate news Developer: Let’s spend $1 billion on Wichita’s downtown in next 10 years Downtown development advocates such as Jeff Fluhr have talked lately about Wichita being in the midst of a transformative moment…Wichita Business Journal Laham: ‘Several parties’ have shown interest in empty Gander Mountain space A Wichita developer says the time to “fix” the WaterWalk development is now…Wichita Business Journal   More Wichita Real Estate News New downtown brewpub/restaurant on track for spring opening  UPDATE: Fitness chain details plans…

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