NAI Martens 

Experience is Everything: 4 CRE Sectors Keeping Up

It’s 2019 and experience is everything. The focus on experience has been steadily growing, and it’s become a full-blown obsession in nearly every major industry. CRE is no stranger to the concept of created experiences, and some sectors are totally dominating the game. Let’s look at how these 4 rockstar CRE industries are utilizing created experiences to stay current and attract business. Retail Out of all of CRE’s sectors, the most avid participant in the wave of experience is retail. Due to the ever-changing market and the new age of…

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NAI Martens 

2 Reasons Online Retailers will Keep Opening Retail Stores

By now, you’ve seen the headlines warning about the looming retail apocalypse. Vacancies are plaguing shopping centers, big-name brands are shutting down stores, and online shopping is in higher demand than ever before. To some, it seems like brick and mortar stores will soon become a thing of the past. However, a closer look reveals that physical shopping is far from dead – it’s transforming. 2018 saw retail restabilize itself, and it became clear that these dramatic changes are only symptoms of a greater industry-wide transition. Regardless of the recent…

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NAI Martens 

What Do Landlords Need to Know About Rent Control?

Over the past few months, many states have implemented new rent control policies. Rent control laws work to regulate how much landlords can charge for rent, and also how much rent can be raised within a certain period of time. These laws are designated by individual cities and their goal is to help ensure that housing remains an affordable commodity. As a landlord, it’s imperative to remain informed on all the ins and outs of local rent control policies. Besides pricing concerns, these laws also outline the responsibilities expected of…

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NAI Martens 

3 Ways Big Data and Other Tech Trends are Changing Warehousing

As the pace of innovation races towards never before seen speeds, many industries are being forced to undergo massive changes. The impact of contemporary tech trends have played a huge role in shaping CRE – and the metamorphosis is only just beginning. The industrial sector is one of the areas most affected by big data and tech growth. While these groundbreaking tools help to streamline workflows and increase efficiency, they also come along with their own set of challenges. Let’s analyze these 3 key ways that technology is transforming the…

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Martens Companies 

Martens Appraisal completes work on large shopping center.

Lee Whyte, MAI recently completed an appraisal report on a large shopping center in Wichita, Kansas. The appraisal was prepared for traditional financing purposes. Although the process of appraising shopping centers is straightforward, they are still complex properties.  In order to get an accurate valuation, an appraiser must have a great deal of market knowledge and retail tenants as well as recent comparables. Martens Appraisal prides itself on having the most up to date information available on the Wichita, Kansas market. Our full-time research staff is hard at work making…

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Martens Companies 

Fed Beige Book: CRE Construction Activity Increased and Commercial and Commercial Rents Rose

Overall Economic ActivityEconomic activity continued to expand at a modest pace overall from mid-May through early July, with little change from the prior reporting period. In most Districts, sales of retail goods increased slightly overall, although vehicle sales were flat. Activity in the nonfinancial services sector rose further. Tourism activity was broadly solid, with Atlanta and Richmond recording robust growth in this sector. Although some Districts continued to report healthy expansion in the transportation sector, others noted that activity declined modestly. On balance, home sales picked up somewhat, but residential…

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Shopping Malls Eye Amazon as Prime Tenant

For years, the owners of shopping malls and shopping centers have been citing Amazon as the virtual giant that has destroyed their business. Now, however, many of these same retailers are shifting their views and beginning to see Amazon in a new light — as a potential savior to their vacancy woes. In a move that suggests more strategic timing than sheer luck, the online behemoth is beginning to ramp up their physical presence via brick and mortar retail stores, just as some of the oldest and most established names…

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NAI Martens 

Investors Eye Life Sciences Properties: 3 Reasons Why

Life science is not just that high school class you took in 10th grade. In fact, it is a flourishing industry and it has caught the attention of many prominent and budding CRE investors recently. The life and bio science industry has been steadily surging for some time now due to increased knowledge, funding and research in the scientific and medical fields. In fact, studies show 79% of adults say “science has made life easier for most people and a majority is positive about science’s impact on the quality of…

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Martens Companies NAI Martens 

Q2 2019 Transactions Report

We are proud to present our second quarter transactions report. We took part in more than 35 transactions during Q2. Thank you to our clients for choosing to trust us with you commercial real estate needs! Q2-2019 Transactions Report Having trouble viewing this report? Click here ABOUT NAI MARTENS NAI Martens is the largest full-service commercial real estate firm in Kansas. Founded in 1948 and headquartered in Wichita, NAI Martens provides a vast array of commercial real estate services throughout south-central Kansas and Topeka. NAI Martens is led by CEO…

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Martens Companies 

Martens Appraisal completes work on portfolio of automotive dealerships

Joshua Adamson recently completed appraisals on a portfolio of automotive dealerships in Sedgwick County.  The reports were prepared for estate purposes. Automotive dealerships are special use properties that may present unique challenges to the valuation process.  Joshua’s nearly fifteen years of experience allows him to understand the intricacies of this property type as well as trends in the automotive industry and local market which affect properties where vehicles are sold. Over the last 10 years, Joshua has completed over 120 appraisals on new and pre-owned automobile dealerships across the state of…

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