industrial: Newmark Knight Frank - Detroit Industrial Market Report - 1Q10
- 06/22/10 07:15 AM
Conditions in the Detroit industrial market continued to weaken during the first quarter of 2010. Total net absorption was negative for the sixth consecutive quarter as nearly 1.7 million square feet were put back on the market. The vacancy rate increased to 20.0%, the Detroit industrial market high on record since 2000. The average asking rent fell to its lowest point on record to $4.02/sf from $4.04/sf reported during the fourth quarter of 2009. Average asking rents in the Detroit industrial market have remained in the $4/sf to $5/sf range for the past eight years. The Groesbeck submarket was one … (0 comments)
industrial: Newmark Knight Frank - Detroit INDUSTRIAL Market Report - 2Q09
- 10/01/09 06:55 AM
During the second quarter of 2009, the Detroit industrial market continued to weaken. The third consecutive quarter of negative net absorption has added 7.3 million square feet of space to the market, 5.1 million square feet of which have been added in 2009. The vacancy rate increased to 18.0%, its highest level on record, from 17.1% in the previous quarter. The average asking rental rate fell in the second quarter to $4.25/sf from $4.37/sf reported during the first quarter, and is down 4.0% from $4.43/sf over the last year. Rents have declined 23.9% from $5.59/sf, the peak during the third … (0 comments)
industrial: Metro Detroit - Novi Area - Client Requirement - 2,500 to 3,500 SQ FT Office/Flex/Industrial
- 12/09/08 11:15 AM
Hi everybody! I am representing a client looking to lease office/flex/industrial space: Size: 2,500 to 3,500 SQ FT Type: Office/Flex/Industrial Space Timeframe: Immediate Location: Novi/Farmington Hills/Livonia/I-275/696/M-5 Corridor Please forward any opportunities that you may have available to: Jason Tucker | Associate Director Newmark Knight Frank, Inc.34975 W. Twelve Mile Road | Farmington Hills, MI 48331Phone: 248-848-4084 | Fax: 248-848-9041 | Cell: 248-431-8138e-mail: jtucker@newmarkkf.com | Website: www.newmarkkf.com … (2 comments)
industrial: What do you think? - Is now the time?
- 06/22/08 07:59 AM
It's a simple question. Is now the time to invest in Real Estate? Top athletes know when its time to renegotiate their contracts. Stock brokers know the best time to buy quality stocks. Oil companies know the best time to tighten the surplus and raise prices. Gold refineries know the best time to buy used gold. and the best poker player knows when to push all in... Think about it. Now is the time to invest in Real Estate. Is it really going to get worse or are there bountiful opportunities right in front of your very eyes? I believe we're … (10 comments)
industrial: Thoughts Over Won Ton Soup
- 06/13/08 09:46 AM
Well, it's the end of the second week in my new office and this afternoon I'm doing a bit of reflecting. It's been a whirlwind, getting back into the groove, the many things I've accomplished in such a short period of time, juggling pretty much everything. But I'm not complaining and I'm loving every minute of it! Lets see? Here's a pretty good list of what I've done: On the first hour of the first day I attended a 1-hour Continued Education Training course on LEED Accreditation and Green Buildings. Then I worked on setting up my office, including getting on … (4 comments)
industrial: "GREEN" Buildings and Sustainability - What Is It All About and What Does It Mean To Me?
- 06/11/08 04:41 AM
Architects draw plans and contractors build buildings, but neither really controls what goes on there. The power of the bank account puts the owner in control of every project. With constantly increasing energy costs along with many other factors more owners are investigating green buildings for themselves. Green is everywhere today, and is becoming an integral aspect of business strategy, from corporate philosophy to marketing tactics. A recent national survey of the commercial real estate sector revealed that nearly two-thirds of respondents allocated funds to green initiatives, while the majority said their sustainability investment would increase in 2008. So let's … (0 comments)
The public's impression of sales professionals is enlightening, and disheartening. During my time as a professional salesperson, I've heard some interesting opinions from a variety of people. One I'll never forget happened during a visit to Cornell University where I was conducting job interviews for sales positions. I remember the candidate who told me, "To be good in sales you have to be good at bull-s----ting your customers." I was surprised to hear such a dumb statement from a job seeker, never mind an Ivy Leaguer. R-rated movies like Tin Men, Glengarry Glen Ross and Boiler Room … (0 comments)
industrial: Setting a Standard for Your Business
- 06/09/08 03:28 AM
By Paul Montelongo The foundation for your success in your business, or any other business for that matter, is to establish standards for your business. In order for your goals and dreams to become a reality, a set of measurable elevated standards must be designed. Standards, in this instance are more accurately known as ideals, ethics and principals that will govern your business. These are more than just the values of integrity and honesty, as those should be a given in order to stay alive in business for the long term. Here are 4 components of having a business that is … (3 comments)
industrial: Newmark Knight Frank - Detroit Office
- 06/09/08 03:07 AM
Hello everyone, My name is Jason Tucker. I specialize in providing commercial real estate services for Newmark Knight Frank. I am focused on providing high quality tenant representation services to companies headquartered in the Great Lakes and surrounding region.
I also cover the following areas: Contract Negotiation Corporate Advisory Lease Restructuring Portfolio Assessment Strategic Facility Planning Tenant Advocacy & Representation Newmark Knight Frank is one of the largest independent real estate service firms in the world. We provide comprehensive real estate solutions to many of the most prominent corporations, property owners, investors and developers across the globe. … (7 comments)
Jason is personally committed to a holistic approach for assisting local and international companies with their strategic real estate needs. He provides his clients with targeted real estate market research, industry trend analysis, and logistics solutions that enable them to make well-informed, cost-effective decisions about their businesses.
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