Welcome to Monday’s with Martens. I’m Tom Johnson, President of NAI Martens, and I’m pleased to share with you another installment of our weekly informational update on Wichita and the commercial real estate market. This week, we will take a look at some changes in office utilization and parking trends in the commercial real estate market. Parking’s not the most glamorous of subjects – but is vital to nearly every major commercial real estate development; particularly those in the core area. In an era characterized by ride-sharing apps, remote workers,…

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NAI Global took a look at how E-Commerce is changing the way that many of us shop. This, in turn, has caused a number of companies to change the way they do business.  Here are some examples: 1. Creating regional supply centers When Amazon Prime was unveiled, it completely changed the way e-commerce operated and what customers expected. Next-day delivery went from being a luxury to something that was generally expected; in some cases, same-day delivery was even an option. This change of delivery expectations created a need for more supply centers…

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Welcome to Monday’s with Martens. I’m Tom Johnson, President of NAI Martens, and I’m pleased to share with you another installment of our weekly informational update on Wichita and the commercial real estate market.  You’ve run out of places to stash your old family room furniture, your high school sports trophies you can’t part with, Grandma’s wedding dress and those bulging boxes of tax records. What to do? Rent a 10-by-15-foot storage unit, for about $100 per month, and stick all the excess stuff in there. Even if your home…

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Everywhere you look in Wichita, properties are being redeveloped.  The Broadway Autopark parking lot is turning into apartments,  Union Station has moved into the second phase. But do you know when the time is right for redevelopment? Regency Centers put together this article on identifying the signs that a property is ready to be redeveloped. The role of redevelopment is playing a needed part in transforming old, worn-out malls and shopping centers into vibrant centers of shopping, entertainment, and the outdoors. Many industry leaders, such as those present at the…

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  Welcome to Monday’s with Martens. I’m Tom Johnson, President of NAI Martens, and I’m pleased to share with you another installment of our weekly informational update on the commercial real estate market. As one of the fastest-growing workplace movements of the last decade, coworking enables people from diverse backgrounds to work together in a common space. The number of coworking spaces around the world has increased by nearly 700 percent since 2011. Today, a broad range of businesses – ranging from technology and professional service firms to consumer product…

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  The decision to hire a CRE Agent is not one that should be taken lightly.  NAI Global put together this list of things to look for when you need an agent. 1. Honesty You want to make sure that your agent has a well-established record for being honest and having ethical business practices. Many of your investment decisions will be informed by the research and data presented to you by your agent, so you want to make sure that you have the full picture before making any serious investment…

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  Welcome to Monday’s with Martens. I’m Tom Johnson, President of NAI Martens, and I’m pleased to share with you another installment of our weekly informational update on the commercial real estate market. In our 2017 Forecast, we mentioned that food is a password for millennials and boomers alike and that new restaurants will continue to be a part of the mix as retail grows.  We also added “food halls” to the watch list. While none have yet to emerge in the Wichita market, these multifaceted, indoor markets that showcase a…

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  Kansas is one of several states that has passed laws to permit small cell sites.  This article from NAI Capital Wireless explains small cell and what it might mean for you. April 25, 2017 Wireless Industry Lobbies Statehouses For Access To ‘Street Furniture’ In at least 20 state capitols across the country this year, the wireless industry is pushing legislation to streamline local permitting for the next generation of cellular technology. In Washington state, that’s putting the industry on a collision course with cities and towns. Instead of soaring…

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