If you are a landlord or property manager, you need to ensure every tenant who signs a lease is reliable and will not cause issues. Even if you need to fill spaces quickly, you should never rent out space to just anyone without properly vetting them. Here are six things landlords should look for when screening potential multifamily tenants. Take the Comments of Previous Landlords Seriously A previous landlord can tell you everything you need to know. Here are a few questions to ask the previous landlords of a potential…

Coworking has boomed in the past five years and has grown in popularity, not only among independent workers and startups but also with corporate users as well. As coworking becomes a norm, we expect to see many additives and changes to the co-working space in 2019. Let’s take a look at a few of the trends we expect to see for coworking in 2019. Coworking Will Continue to Have an Impact on Commercial Real Estate Coworking has a major impact on how the commercial real estate industry performs. Coworking operators…

The first real estate Blockchain is on the way. A European private equity firm is working toward setting up the first Blockchain real estate fund. Here is everything the real estate community and investors need to know and more details on when and how this is happening along with things to watch. What is Blockchain? The first major application of Blockchain technology was bitcoin which was released in 2009. Bitcoin is a cryptocurrency and the Blockchain is the technology that underpins it. A cryptocurrency is a digital coin that runs…

As the adoption of online food shopping continues to grow, what lies ahead for grocery shopping? Food retail is in need of some change, but how exactly are grocery store chains adapting to this new wave of retail trends? Let’s take a look at five ways grocery stores are innovating for 2019 and beyond. Grocery Stores Will Offer an Experience In 2016 and 2017, consumers in America spent more money on food at bars and restaurants than they did at grocery stores. Supermarkets will need to think creatively to combat…

In certain areas of the country, malls that used to be filled with shoppers are now disappearing and becoming large vacant pieces of property. Many of these cities have converted these former shopping centers into residences, office space, fitness centers, etc. Let’s discuss seven uses for vacant mall space. Data Centers In certain cities such as Baltimore, vacant malls have become prime space for data centers. In the Marley Station Mall in Baltimore, a data center company purchased one wing and has found so much success that they now want…

We are proud to present our fourth quarter transactions report. Thank you to our clients for choosing to trust us with you commercial real estate needs and giving us a great 2018! Q4-2018 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 Steve Martens, CCIM, CPM,…

According to Bisnow, student housing saw $10 billion in transaction volume last year. While the student housing sector saw immense growth, there are still issues with obtaining affordable housing options for students both on and off college campuses. Here are four things to watch in the student housing market for 2019. Continued Growth in the Market Student housing was once a niche of the commercial real estate industry, but now it has become its own sector completely and has experienced strong investment growth over the years due to a substantial…