In a previous post, we talked about the “Silver Tsunami”.  Americans born during and directly following the end of WWII, commonly referred to as Baby Boomers, represent the second largest age demographic group in the U.S. behind millennials. As this massive group moves toward retirement, it is signaling big changes for multi-family buildings of the future. NAI Global recently offered this look at what it means for Multi-family properties. By the Numbers There are an estimated 70K Americans turning 65 every week. By 2030, the number of Americans age 65 or…

Read More

President Donald Trump moved to place a tariff on imported raw metals last Thursday and these new duties are already seeing economic reverberations, increasing volatility in the equity markets. But could they have ramifications on commercial real estate? Trump’s announcement of 25 percent steel and 10 percent aluminum tariffs was intended to preserve steel production jobs in the U.S. and reduce the nation’s trade deficit. While it caught some off guard, it probably shouldn’t have. “The announcement may have been a bit surprising and I think it shocked the market…

Read More

In our Year End 2017 Market Update that was shared last week, we observed that “changing demographics, consumer expectations and omni-channel retailing will reshape retail in the Wichita market. National retailers, new to the market, will continue to look to free standing power center locations and available space in well located and maintained lifestyle and enclosed mall properties. Entertainment, health and fitness and restaurants remain popular shopping center tenants. Store closings and consolidation will continue and the sector will need stronger population growth and an increase in household income in…

Read More

Wichita Commercial Real Estate News This week’s top Wichita commercial real estate news NAI Martens promotes seven NAI Martens recently announced the promotion of several longtime real estate advisors…Wichita Business Journal Local physicians part of group with big plans for Waterfront A group of 120 local physicians are investors in a post-acute rehabilitation facility that will be constructed in Wichita’s Waterfront development…Wichita Business Journal Johnson: Billion-dollar decade from downtown Wichita within reach Earlier this year, Wichita developer George Laham wondered aloud if a billion dollars could be invested in the city’s core…

Read More

NAI Martens is excited to present its Year-End 2017 Wichita Market Update. The NAI Martens team works daily to collect and compile local market information to ensure up-to-date and accurate data. Inside you’ll find 2017 statistics for the local office, retail and industrial markets compiled by NAI Martens Research & GIS Specialist Drew Gannon and reviewed and analyzed by our experienced advisors. Year-End 2017 Report Trouble viewing? CLICK HERE Call 316.262.0000 to speak to an advisor, or visit www.naimartens.com/properties to keep up-to-date on our listings! About NAI Martens NAI Martens…

Read More

Wichita Commercial Real Estate News This week’s top Wichita commercial real estate news Gander Outdoors says it’s going into former Gander Mountain space It looks like Gander Outdoors will move into the old Gander Mountain building in downtown Wichita….Wichita Business Journal A cocktail lounge for grownups will open in historic theater space in Wichita When Steve Peters and his wife, Natalie, were living in Dallas, one of their favorite Saturday-night activities was hanging out in upscale cocktail lounges close to their home near downtown…Wichita Eagle Downtown building purchased by local…

Read More

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…

Read More

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…

Read More

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…

Read More