Martens Appraisal provides expert industrial property commercial appraisal services throughout Wichita and Kansas including Sedgwick, Butler, Reno, Harvey, Sumner and Kingman Counties. Experienced Appraisers Our industrial appraisal team is lead by Carter Girrens, MAI. Carter’s primary area of practice focuses on all types of industrial facilities including manufacturing, distribution and storage warehouse. An area of particular attention is on large industrial facilities in Kansas located outside the major metro areas. We appraise industrial properties, such as: Single-tenant Multi-tenant Owner occupied Net leased R&D Manufacturing Flex Showroom Condo Industrial park/campus Automotive Warehouse…

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Commercial Real Estate (CRE) is defined as any property owned to produce income. This could include just about anything, including: the neighborhood coffee place you stopped at this morning an apartment complex a multistory office building a manufactured housing community a hotel on the interstate From an investment point of view, commercial real estate encompasses any kind of property, including land, which brings or has the potential to bring income. From a business point of view, commercial real estate is any offering of office, retail, industrial, medical, hospitality, and other…

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Hotel developers in the U.S. recognize that disruptors such as tariffs on goods and shortages of labor aren’t fading anytime soon, and some are faced with shifting investment strategies to make up for it. REPORT FROM THE U.S.—Each development site has its own set of risks and rewards, and as disruptors such as labor challenges and tariffs remain on the horizon, hotel developers are tasked with assessing their current strategies. Bruce Collins, regional director of development, east, at OTO Development, said as the cycle changes, his company will look at…

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Overall Economic ActivityEconomic activity increased in most of the U.S., with eight of twelve Federal Reserve Districts reporting modest to moderate growth. Nonauto retail sales grew modestly, as several Districts reported more holiday traffic compared with last year. Auto sales were flat on balance. The majority of Districts indicated that manufacturing expanded, but that growth had slowed, particularly in the auto and energy sectors. New home construction and existing home sales were little changed, with several Districts reporting that sales were limited by rising prices and low inventory. Commercial real…

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Wichita State’s Center for Economic Development and Business Research is a great source of information on economic conditions throughout Kansas. From time to time we like to bring you the latest updates. CEDBR Releases January Employment Forecast Kansas total nonfarm employment increased by approximately 20,000 workers from November 2017 to November 2018, a 1.4 percent increase, with growth across most sectors. This was a substantial upturn in employment after near-zero employment growth in the state in 2016 and 2017, with only a cumulative 0.2 percent increase over those two years.…

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