It’s official: just like so many other industries today, commercial real estate is going digital. The expansive capabilities of technology are continuously evolving and growing, and CRE is starting to innovate along the same lines. CRE professionals throughout the industry are turning to the cloud to both solve problems and to help increase their efficiency. Let’s take a closer look at 3 ways agents are using cloud based technologies to help streamline their business:   Online offices open 24/7 Historically speaking, CRE professionals haven’t had much of a choice but…

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Marshall Johnson, currently an intern at NAI Martens for his second summer, was awarded the Layman L. Clark / Kansas CCIM Scholarship in Real Estate. Marshall Johnson is a senior at Wichita State and plans to earn a degree in finance with an emphasis in real estate next May. Johnson has worked at NAI Martens as both an appraisal and brokerage intern. “It’s really an honor to receive the Layman L. Clark / Kansas CCIM Chapter Scholarship,” Johnson said. “Some of the brightest minds in Wichita real estate came together…

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Need help navigating the hotel market? NAI Martens has the experience, knowledge and connections necessary to help you. Investments in the hospitality industry such as hotel and resorts are unique due to the combination of real estate and business investment. Many attributes of a business are displayed together with a high capital outlay that is the norm in investment sales. Unlike standard properties, rentals of resort and hotel rooms have a short shelf life, as guests stay for as little as a day. Rental rates can also vary widely during…

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Shockwaves but not a lot of surprise rippled through the news in March when it was announced that Toys R Us would be closing all of its U.S. stores. Wichita’s Babies R Us store on west Kellogg was in the first round of closures in January this year as the company attempted to climb out of Chapter 11 bankruptcy. The remaining Toys R Us store at 8011 E. Kellogg closed in March along with the rest of the brand’s stores. For some, it was one more sign of retail’s struggles in…

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NAI Martens is proud to present its first Wichita Brewery Report. Commercial advisor Glenn Cox worked with the research and marketing departments to present national, state and local statistics about the craft brewery phenomenon and even a few tips to keep in mind if you wish to start your own brewery! If you have any questions, feel free to contact Glenn or visit naimartens.com. Wichita Brewery Report 2018 Wichita Brewery Report Having trouble viewing the report? Click here.  Wichita Brewery Locations We hope you enjoyed this report and will share…

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With the shift in today’s population, Millennials are quickly becoming THE working generation, or the 30-somethings who tend to work full time, make significant purchases, and act as the driving force behind the national economy. One of the biggest misconceptions about Millennials is how “different” they are; and, while this is categorically untrue in some areas, in others, it may hold some weight. Take, for instance, the way Millennials work. Millennials are pros at working smarter, not harder. They are demanding change in today’s office landscape, and CRE investors are…

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When asked about sustainability, most people immediately think of energy consumption and savings. However, energy is just one small component of sustainability. Sustainability is an overarching spectrum — and while it’s true that focusing on the regulation of energy is a necessary piece of the puzzle, as it impacts the overall operating cost on a daily basis, it’s important to remember to pay attention to the other pieces, as well. Let’s take a closer look at sustainability as it pertains to CRE and these 4 trends to keep your eye…

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Renovations are underway on the building at 930 W. Douglas in the Delano District. The historic building is being converted to office/retail space. Jeff Englert and Nathan Farha, CCIM of NAI Martens are the leasing agents for the property and have already negotiated leases for two tenants. A full historic renovation will convert the 12,674-square-foot building into a multi-tenant office and retail development. Suites in the property will range from 1,200 to 3,500 square feet in size, with a number of executive offices approximately 215 to 300 square feet. The…

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2017 was certainly a year that was no stranger to technology. In fact, technology is becoming more and more intertwined with everything that we, as consumers, do in our daily lives. Think about it. Amazon now has a way to let their delivery drivers let themselves into your house. Let’s not even get started on the fact that there is now a way to unlock your phone simply by using your face. And, by all accounts, the technology trends are here to stay, in 2018 and even beyond. With profits…

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It’s no secret that Amazon is the world’s largest online retailer. And, as such, the online behemoth has significantly and forever impacted the ways that we, as consumers, buy and sell goods throughout the United States. Their massive success has driven many retailers into a panicked frenzy, trying to come up with some way to keep up with or even compete with Amazon. However, most retailers have resorted to adopting a similar (if not smaller scale) eCommerce model. In fact, the online retailer is so ubiquitous that this shift in…

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