http://www.realup.com/blog/ RealUp Blog 05 Feb 2012 09:10:43 -0500 en http://www.realup.com/blog/2012/2/3/bank-of-america-to-sell-hearst-tower-fifth-third-center/ http://www.realup.com/blog/2012/2/3/bank-of-america-to-sell-hearst-tower-fifth-third-center/#comments 03 Feb 2012 00:18:56 -0500 http://www.realup.com/blog/2012/2/3/bank-of-america-to-sell-hearst-tower-fifth-third-center/ On Wednesday, Bank of America confirmed that it plans to sell the 47-story Hearst Tower in uptown Charlotte and lease back the space it uses in that building.

Charlotte-based Bank of America will also sell the 30-story Fifth Third Center and lease back space it uses there.

A third building in New York, 222 S. Broadway will also be sold. That structure is a former Merrill Lynch property.

The Hearst Tower, completed in 2002, has 970,000 square feet of space and is Charlotte's third-largest building.

The Fifth Third Center, completed in 1997, has more than 666,000 square feet and is the city's ninth-largest tower.

A BofA trading floor in the Hearst Tower is one of the largest in North America at three stories tall. For several years it buzzed with activity at BofA built a large capital markets presence in Charlotte. However, many of those jobs have shifted to Manhattan in recent years as BofA combined operations with Merrill Lynch.]]> On Wednesday, Bank of America confirmed that it plans to sell the 47-story Hearst Tower in uptown Charlotte and lease back the space it uses in that building.

Charlotte-based Bank of America will also sell the 30-story Fifth Third Center and lease back space it uses there.

A third building in New York, 222 S. Broadway will also be sold. That structure is a former Merrill Lynch property.

The Hearst Tower, completed in 2002, has 970,000 square feet of space and is Charlotte's third-largest building.

The Fifth Third Center, completed in 1997, has more than 666,000 square feet and is the city's ninth-largest tower.

A BofA trading floor in the Hearst Tower is one of the largest in North America at three stories tall. For several years it buzzed with activity at BofA built a large capital markets presence in Charlotte. However, many of those jobs have shifted to Manhattan in recent years as BofA combined operations with Merrill Lynch.]]> http://www.realup.com/blog/2012/2/3/bank-of-america-to-sell-hearst-tower-fifth-third-center/#comments http://www.realup.com/blog/2012/2/3/bank-of-america-to-sell-hearst-tower-fifth-third-center/ http://www.realup.com/blog/2012/1/12/shopping-centers-show-occupancy-growth/ http://www.realup.com/blog/2012/1/12/shopping-centers-show-occupancy-growth/#comments 12 Jan 2012 01:20:50 -0500 http://www.realup.com/blog/2012/1/12/shopping-centers-show-occupancy-growth/ According to Reis Inc., New York-based real estate research firm, occupancies at U.S. shopping centers grew during the fourth quarter.

The firm noted this past Monday that U.S. shopping centers filled up an additional 3.18 million square feet, the most since 2007.

This includes neighborhood and community shopping centers usually anchored by grocery stores, drugstores or discount retailers.

Similar increases are expected to hit the Raleigh-Durham retail market when occupancy and absorption figures are released at the end of the month in Space, the Triangle Business Journal's commercial real estate quarterly.

U.S. employers added 300,000 workers in November and December, pushing the unemployment rate down to 8.5%, the lowest since February 2009, according to the Labor Department.]]> According to Reis Inc., New York-based real estate research firm, occupancies at U.S. shopping centers grew during the fourth quarter.

The firm noted this past Monday that U.S. shopping centers filled up an additional 3.18 million square feet, the most since 2007.

This includes neighborhood and community shopping centers usually anchored by grocery stores, drugstores or discount retailers.

Similar increases are expected to hit the Raleigh-Durham retail market when occupancy and absorption figures are released at the end of the month in Space, the Triangle Business Journal's commercial real estate quarterly.

U.S. employers added 300,000 workers in November and December, pushing the unemployment rate down to 8.5%, the lowest since February 2009, according to the Labor Department.]]> http://www.realup.com/blog/2012/1/12/shopping-centers-show-occupancy-growth/#comments http://www.realup.com/blog/2012/1/12/shopping-centers-show-occupancy-growth/ http://www.realup.com/blog/2012/1/6/dollar-general-to-open-more-stores/ http://www.realup.com/blog/2012/1/6/dollar-general-to-open-more-stores/#comments 06 Jan 2012 01:39:09 -0500 http://www.realup.com/blog/2012/1/6/dollar-general-to-open-more-stores/ Discount retailer Dollar General Corp. said Tuesday that it would add 625 stores and 6,500 new jobs nationwide in 2012.

Dollar General Corp. said that the new stores would be in the 38 states, including Maryland, that it already has stores in, as well as two new states, California and Massachusetts. There will be remodeling done at 550 more of the chain's 9,800 locations.

Dollar General says it will have created more than 21,000 new jobs since 2009, including the jobs set for this year.

The discount retailer sells a third of its merchandise for a buck or less.

It’s known for its strong selection of private-label products in addition to well-known brands of those that shoppers frequently use and replenish, such as food, snacks, health and beauty aids, cleaning supplies, basic clothing, housewares and seasonal items.]]> Discount retailer Dollar General Corp. said Tuesday that it would add 625 stores and 6,500 new jobs nationwide in 2012.

Dollar General Corp. said that the new stores would be in the 38 states, including Maryland, that it already has stores in, as well as two new states, California and Massachusetts. There will be remodeling done at 550 more of the chain's 9,800 locations.

Dollar General says it will have created more than 21,000 new jobs since 2009, including the jobs set for this year.

The discount retailer sells a third of its merchandise for a buck or less.

It’s known for its strong selection of private-label products in addition to well-known brands of those that shoppers frequently use and replenish, such as food, snacks, health and beauty aids, cleaning supplies, basic clothing, housewares and seasonal items.]]> http://www.realup.com/blog/2012/1/6/dollar-general-to-open-more-stores/#comments http://www.realup.com/blog/2012/1/6/dollar-general-to-open-more-stores/ http://www.realup.com/blog/2012/1/3/nc-economy-shows-signs-of-life-in-2012/ http://www.realup.com/blog/2012/1/3/nc-economy-shows-signs-of-life-in-2012/#comments 03 Jan 2012 01:55:37 -0500 http://www.realup.com/blog/2012/1/3/nc-economy-shows-signs-of-life-in-2012/
The economic pinch has been harder here than in most states. Job creation in North Carolina has lagged behind the rest of nation.

There's new signs North Carolina's painfully slow economic recovery may finally be heating up. NC state Economics Professor Mike Walden made a bold prediction.

"I'm predicting we'll see 40,000 to 50,000 jobs created in North Carolina in 2012," said Walden. "Compared to the 20,000 created in 2011."

It's a forecast for an economic turnaround. Walden's latest index of economic indicators is encouraging. Jobless claims are down across the state. North Carolinians are working slightly more hours and earning slightly more money. It adds up to 1.9% jump, which marks two straight months of growth. The state's economy is still down for the year, but Walden thinks the turnaround will stick.

The state's unemployment rate stands at 10%, which is above the national average. Walden predicts it will drop below 9% this year.]]>
The economic pinch has been harder here than in most states. Job creation in North Carolina has lagged behind the rest of nation.

There's new signs North Carolina's painfully slow economic recovery may finally be heating up. NC state Economics Professor Mike Walden made a bold prediction.

"I'm predicting we'll see 40,000 to 50,000 jobs created in North Carolina in 2012," said Walden. "Compared to the 20,000 created in 2011."

It's a forecast for an economic turnaround. Walden's latest index of economic indicators is encouraging. Jobless claims are down across the state. North Carolinians are working slightly more hours and earning slightly more money. It adds up to 1.9% jump, which marks two straight months of growth. The state's economy is still down for the year, but Walden thinks the turnaround will stick.

The state's unemployment rate stands at 10%, which is above the national average. Walden predicts it will drop below 9% this year.]]> http://www.realup.com/blog/2012/1/3/nc-economy-shows-signs-of-life-in-2012/#comments http://www.realup.com/blog/2012/1/3/nc-economy-shows-signs-of-life-in-2012/ http://www.realup.com/blog/2011/12/24/a-visit-from-st-nicholas/ http://www.realup.com/blog/2011/12/24/a-visit-from-st-nicholas/#comments 24 Dec 2011 02:30:24 -0500 http://www.realup.com/blog/2011/12/24/a-visit-from-st-nicholas/ 'Twas the night before Christmas, when all through the house
Not a creature was stirring, not even a mouse.
The stockings were hung by the chimney with care,
In hopes that St Nicholas soon would be there.

The children were nestled all snug in their beds,
While visions of sugar-plums danced in their heads.
And mamma in her ‘kerchief, and I in my cap,
Had just settled our brains for a long winter’s nap.

When out on the lawn there arose such a clatter,
I sprang from the bed to see what was the matter.
Away to the window I flew like a flash,
Tore open the shutters and threw up the sash.

The moon on the breast of the new-fallen snow
Gave the lustre of mid-day to objects below.
When, what to my wondering eyes should appear,
But a miniature sleigh, and eight tinny reindeer.

With a little old driver, so lively and quick,
I knew in a moment it must be St Nick.

- Clement Clarke Moore
A Visit from St. Nicholas, 1823]]> 'Twas the night before Christmas, when all through the house
Not a creature was stirring, not even a mouse.
The stockings were hung by the chimney with care,
In hopes that St Nicholas soon would be there.

The children were nestled all snug in their beds,
While visions of sugar-plums danced in their heads.
And mamma in her ‘kerchief, and I in my cap,
Had just settled our brains for a long winter’s nap.

When out on the lawn there arose such a clatter,
I sprang from the bed to see what was the matter.
Away to the window I flew like a flash,
Tore open the shutters and threw up the sash.

The moon on the breast of the new-fallen snow
Gave the lustre of mid-day to objects below.
When, what to my wondering eyes should appear,
But a miniature sleigh, and eight tinny reindeer.

With a little old driver, so lively and quick,
I knew in a moment it must be St Nick.

- Clement Clarke Moore
A Visit from St. Nicholas, 1823]]> http://www.realup.com/blog/2011/12/24/a-visit-from-st-nicholas/#comments http://www.realup.com/blog/2011/12/24/a-visit-from-st-nicholas/ http://www.realup.com/blog/2011/12/7/realup-announces-distribution-agreement-with-tradeaddresses/ http://www.realup.com/blog/2011/12/7/realup-announces-distribution-agreement-with-tradeaddresses/#comments 07 Dec 2011 01:01:38 -0500 http://www.realup.com/blog/2011/12/7/realup-announces-distribution-agreement-with-tradeaddresses/
"RealUp is very pleased to announce this new agreement with TradeAddresses.com," said Brian Randy Funk, President of RealUp. "This is an additional way RealUp will help get commercial property sold and increase exposure for real estate listings."

The RealUp commercial listing API provides an XML web service which automatically imports property listings into TradeAddresses. The RealUp API allows other websites to import and export RealUp property listings and has been customized for TradeAddresses. The RealUp API is currently used by CCIM, Century 21, Sperry Van Ness as well as the RealUp iPhone app.

"We are confident that our relationship with RealUp will prove to be synergistic for both of our companies," said Hans Hansson, president of TradeAddresses. "Our marketing of many of RealUp's listing will greatly expand the reach for those listing and provide more opportunity for RealUp members to close more transactions."

TradeAddresses is a website listing site for commercial, luxury residential, and luxury vacation properties around the world. Customers can search for properties for sale, for lease, or for vacation rentals. TradeAddresses also offers free assistance to connect customers to a licensed Commercial Real Estate Agent who specializes in their desired market.

About RealUp
RealUp.com, LLC is a commercial real estate website offering property listings. A subsidiary of TerraServer.com, the leader in online aerial/satellite imagery, the company is based in Raleigh, NC and services the nationwide commercial market. RealUp is committed to providing commercial real estate professionals with property listings and marketing options at the best value with guaranteed results.
www.RealUp.com

About TradeAddresses
TradeAddresses was founded in 1990 by a highly experienced group of San Francisco commercial real estate veterans. TradeAddresses has traditionally focused strictly on commercial real estate listings and has offered no additional services to listing agents. In 2009, Hans Hansson, Jim Osgood, and Carl Bosse worked together to expand Trade Addresses by combining commercial and high-end residential real estate listings.
www.TradeAddresses.com

###]]>
"RealUp is very pleased to announce this new agreement with TradeAddresses.com," said Brian Randy Funk, President of RealUp. "This is an additional way RealUp will help get commercial property sold and increase exposure for real estate listings."

The RealUp commercial listing API provides an XML web service which automatically imports property listings into TradeAddresses. The RealUp API allows other websites to import and export RealUp property listings and has been customized for TradeAddresses. The RealUp API is currently used by CCIM, Century 21, Sperry Van Ness as well as the RealUp iPhone app.

"We are confident that our relationship with RealUp will prove to be synergistic for both of our companies," said Hans Hansson, president of TradeAddresses. "Our marketing of many of RealUp's listing will greatly expand the reach for those listing and provide more opportunity for RealUp members to close more transactions."

TradeAddresses is a website listing site for commercial, luxury residential, and luxury vacation properties around the world. Customers can search for properties for sale, for lease, or for vacation rentals. TradeAddresses also offers free assistance to connect customers to a licensed Commercial Real Estate Agent who specializes in their desired market.

About RealUp
RealUp.com, LLC is a commercial real estate website offering property listings. A subsidiary of TerraServer.com, the leader in online aerial/satellite imagery, the company is based in Raleigh, NC and services the nationwide commercial market. RealUp is committed to providing commercial real estate professionals with property listings and marketing options at the best value with guaranteed results.
www.RealUp.com

About TradeAddresses
TradeAddresses was founded in 1990 by a highly experienced group of San Francisco commercial real estate veterans. TradeAddresses has traditionally focused strictly on commercial real estate listings and has offered no additional services to listing agents. In 2009, Hans Hansson, Jim Osgood, and Carl Bosse worked together to expand Trade Addresses by combining commercial and high-end residential real estate listings.
www.TradeAddresses.com

###]]> http://www.realup.com/blog/2011/12/7/realup-announces-distribution-agreement-with-tradeaddresses/#comments http://www.realup.com/blog/2011/12/7/realup-announces-distribution-agreement-with-tradeaddresses/ http://www.realup.com/blog/2011/12/6/industrial-market-continues-rebound/ http://www.realup.com/blog/2011/12/6/industrial-market-continues-rebound/#comments 06 Dec 2011 01:47:47 -0500 http://www.realup.com/blog/2011/12/6/industrial-market-continues-rebound/ Industrial real estate may not grab headlines, but the sector has recovered slowly throughout 2011 and insiders expect that trend to continue in 2012 and beyond.

Industrial’s recovery is uneven, however, with larger distribution markets experiencing strong growth while outlying markets have higher vacancy rates and are drawing less interest.

"If you look at the industrial markets that are really flourishing right now and coming back in a strong way now, they are the larger distribution markets," says Ryan Spradling, a leasing and sales specialist with Cassidy Turley BRE Commercial’s industrial division in San Diego. "We’re seeing very large blocks of space being taken down by corporate users and there is high demand for spaces 500,000 sq. ft. and larger. So the larger blocks of space have seen good activity from the leasing standpoint and also from the investment side."

According to CBRE Econometric Advisors (CBRE-EA), the industrial availability rate will drop to 12.5 percent in 2012 and continue to decline through 2013 to 11.3 percent. The national industrial availability rate peaked at 14.6 percent in the second quarter of 2010 and was 13.7 percent in the third quarter of 2011, according to CBRE-EA.

According to Grubb & Ellis research, the national market will absorb 110 million sq. ft. of space this year, up from 34 million sq. ft. a year ago.]]> Industrial real estate may not grab headlines, but the sector has recovered slowly throughout 2011 and insiders expect that trend to continue in 2012 and beyond.

Industrial’s recovery is uneven, however, with larger distribution markets experiencing strong growth while outlying markets have higher vacancy rates and are drawing less interest.

"If you look at the industrial markets that are really flourishing right now and coming back in a strong way now, they are the larger distribution markets," says Ryan Spradling, a leasing and sales specialist with Cassidy Turley BRE Commercial’s industrial division in San Diego. "We’re seeing very large blocks of space being taken down by corporate users and there is high demand for spaces 500,000 sq. ft. and larger. So the larger blocks of space have seen good activity from the leasing standpoint and also from the investment side."

According to CBRE Econometric Advisors (CBRE-EA), the industrial availability rate will drop to 12.5 percent in 2012 and continue to decline through 2013 to 11.3 percent. The national industrial availability rate peaked at 14.6 percent in the second quarter of 2010 and was 13.7 percent in the third quarter of 2011, according to CBRE-EA.

According to Grubb & Ellis research, the national market will absorb 110 million sq. ft. of space this year, up from 34 million sq. ft. a year ago.]]> http://www.realup.com/blog/2011/12/6/industrial-market-continues-rebound/#comments http://www.realup.com/blog/2011/12/6/industrial-market-continues-rebound/ http://www.realup.com/blog/2011/11/30/property-of-the-week/ http://www.realup.com/blog/2011/11/30/property-of-the-week/#comments 30 Nov 2011 00:47:19 -0500 http://www.realup.com/blog/2011/11/30/property-of-the-week/ This week RealUp would like to bring you a feature property located in West Park, Florida. Marc Oram of RE/MAX Commercial Associates presents this 3,500 square foot industrial warehouse for sale.

This 3,500 bank owned warehouse is located in the city of West Park. It has 3 ground level bays, a Twin-T concrete roof, a large front parking lot, and it is M-1 Zoning. The property is for sale for $249,000.

The city of West Park is located in southeast Broward County and consists of the neighborhoods of Miami Gardens, Carver Ranches, Lake Forest and Utopia. With more than 13,721 residents, the new city borders Miami-Dade County on the south, Pembroke Park on the east, Hollywood on the north and Miramar on the west.

For more information and to view this featured property listing, please click here]]> This week RealUp would like to bring you a feature property located in West Park, Florida. Marc Oram of RE/MAX Commercial Associates presents this 3,500 square foot industrial warehouse for sale.

This 3,500 bank owned warehouse is located in the city of West Park. It has 3 ground level bays, a Twin-T concrete roof, a large front parking lot, and it is M-1 Zoning. The property is for sale for $249,000.

The city of West Park is located in southeast Broward County and consists of the neighborhoods of Miami Gardens, Carver Ranches, Lake Forest and Utopia. With more than 13,721 residents, the new city borders Miami-Dade County on the south, Pembroke Park on the east, Hollywood on the north and Miramar on the west.

For more information and to view this featured property listing, please click here]]> http://www.realup.com/blog/2011/11/30/property-of-the-week/#comments http://www.realup.com/blog/2011/11/30/property-of-the-week/ http://www.realup.com/blog/2011/11/28/its-cyber-monday/ http://www.realup.com/blog/2011/11/28/its-cyber-monday/#comments 28 Nov 2011 01:11:11 -0500 http://www.realup.com/blog/2011/11/28/its-cyber-monday/ Today only, RealUp is offering a spectacular deal on email blasts!

If you want to get an email blast, now is the time!

The best deal of the season!

Call 888-878-2975 for details!
]]> Today only, RealUp is offering a spectacular deal on email blasts!

If you want to get an email blast, now is the time!

The best deal of the season!

Call 888-878-2975 for details!
]]> http://www.realup.com/blog/2011/11/28/its-cyber-monday/#comments http://www.realup.com/blog/2011/11/28/its-cyber-monday/ http://www.realup.com/blog/2011/11/24/happy-thanksgiving/ http://www.realup.com/blog/2011/11/24/happy-thanksgiving/#comments 24 Nov 2011 01:57:10 -0500 http://www.realup.com/blog/2011/11/24/happy-thanksgiving/ "You heard what Linus was saying out there. Those early Pilgrims were thankful for what had happened to them, and we should be thankful, too.

We should just be thankful for being together. I think that's what they mean by 'Thanksgiving,' Charlie Brown."

- Marcie
"A Charlie Brown Thanksgiving" (1973)]]> "You heard what Linus was saying out there. Those early Pilgrims were thankful for what had happened to them, and we should be thankful, too.

We should just be thankful for being together. I think that's what they mean by 'Thanksgiving,' Charlie Brown."

- Marcie
"A Charlie Brown Thanksgiving" (1973)]]> http://www.realup.com/blog/2011/11/24/happy-thanksgiving/#comments http://www.realup.com/blog/2011/11/24/happy-thanksgiving/ http://www.realup.com/blog/2011/11/22/property-of-the-week/ http://www.realup.com/blog/2011/11/22/property-of-the-week/#comments 22 Nov 2011 01:56:51 -0500 http://www.realup.com/blog/2011/11/22/property-of-the-week/ This week RealUp would like to bring you a feature property located in Agua Dulce, CA. Dennis Rooklyn of Somerset International Properties, Inc. presents 90 +/- acres of agricultural land for sale.

The 90 acres is for sale for $5,950,000 and consists of a winery as well.

Agua Dulce is located in Los Angeles County, California. Agua Dulce is located about 25 miles Southwest of Palmdale, 44 miles North of Los Angeles, in the Sierra Pelona Valley portion of Southern California.

For more information and to view this featured property listing, please click here]]> This week RealUp would like to bring you a feature property located in Agua Dulce, CA. Dennis Rooklyn of Somerset International Properties, Inc. presents 90 +/- acres of agricultural land for sale.

The 90 acres is for sale for $5,950,000 and consists of a winery as well.

Agua Dulce is located in Los Angeles County, California. Agua Dulce is located about 25 miles Southwest of Palmdale, 44 miles North of Los Angeles, in the Sierra Pelona Valley portion of Southern California.

For more information and to view this featured property listing, please click here]]> http://www.realup.com/blog/2011/11/22/property-of-the-week/#comments http://www.realup.com/blog/2011/11/22/property-of-the-week/ http://www.realup.com/blog/2011/11/17/property-of-the-week/ http://www.realup.com/blog/2011/11/17/property-of-the-week/#comments 17 Nov 2011 01:36:48 -0500 Kittie Miller, Customer Relations Manager http://www.realup.com/blog/2011/11/17/property-of-the-week/ This week RealUp would like to bring you a feature property located in Dallas, Texas. Michael Pariza of Boxer Property presents this office building for lease.

Midway Business Park consist of 11 buildings and offers retail, flex and standard office buildings. This multi-building complex is surrounded by high traffic, restaurants, shopping, and hotels.

Midway Business Park offers affordable office, retail, and industrial space equipped with grade and dock level loading areas. On-site management, leasing, and maintenance high traffic visibility.

Located on Midway Road and Alpha Close proximity to I-635 Within 5 minutes of Addison/Galleria. Great location for residents in Farmers Branch, Addison, and Richardson.

For more information and to view this featured property listing, please
click here]]> This week RealUp would like to bring you a feature property located in Dallas, Texas. Michael Pariza of Boxer Property presents this office building for lease.

Midway Business Park consist of 11 buildings and offers retail, flex and standard office buildings. This multi-building complex is surrounded by high traffic, restaurants, shopping, and hotels.

Midway Business Park offers affordable office, retail, and industrial space equipped with grade and dock level loading areas. On-site management, leasing, and maintenance high traffic visibility.

Located on Midway Road and Alpha Close proximity to I-635 Within 5 minutes of Addison/Galleria. Great location for residents in Farmers Branch, Addison, and Richardson.

For more information and to view this featured property listing, please
click here]]> http://www.realup.com/blog/2011/11/17/property-of-the-week/#comments http://www.realup.com/blog/2011/11/17/property-of-the-week/ http://www.realup.com/blog/2011/11/15/demand-for-industrial-space/ http://www.realup.com/blog/2011/11/15/demand-for-industrial-space/#comments 15 Nov 2011 01:09:10 -0500 http://www.realup.com/blog/2011/11/15/demand-for-industrial-space/ Demand for industrial space eclipsed 20 million square feet for the third consecutive quarter, according to Cassidy Turley’s 3Q11 U.S. Industrial Report.

Vacancy dropped 10 basis points quarter over quarter and is down 70 bps from its peak of 9.9 percent in 2Q10. Despite strong third-quarter indicators, the report says the sector’s momentum will slow if the European debt crisis worsens.

Year-to-date industrial sales volume is up 58% but trails growth in the surging hospitality sector (+160%) and multifamily (+83%).

Average asking rents in the 67 markets the report tracks increased to $5.13 per square foot, which was a $0.04 increase over the previous quarter and marked the third consecutive quarter in which rents increased.

The rent growth follows steady declines dating back to 2Q09. San Francisco had the highest asking rent at $9.72 psf. The only non-California market to break into the top five was suburban Virginia, with an asking rent of $6.99 psf.]]> Demand for industrial space eclipsed 20 million square feet for the third consecutive quarter, according to Cassidy Turley’s 3Q11 U.S. Industrial Report.

Vacancy dropped 10 basis points quarter over quarter and is down 70 bps from its peak of 9.9 percent in 2Q10. Despite strong third-quarter indicators, the report says the sector’s momentum will slow if the European debt crisis worsens.

Year-to-date industrial sales volume is up 58% but trails growth in the surging hospitality sector (+160%) and multifamily (+83%).

Average asking rents in the 67 markets the report tracks increased to $5.13 per square foot, which was a $0.04 increase over the previous quarter and marked the third consecutive quarter in which rents increased.

The rent growth follows steady declines dating back to 2Q09. San Francisco had the highest asking rent at $9.72 psf. The only non-California market to break into the top five was suburban Virginia, with an asking rent of $6.99 psf.]]> http://www.realup.com/blog/2011/11/15/demand-for-industrial-space/#comments http://www.realup.com/blog/2011/11/15/demand-for-industrial-space/ http://www.realup.com/blog/2011/11/11/honoring-those-who-served/ http://www.realup.com/blog/2011/11/11/honoring-those-who-served/#comments 11 Nov 2011 01:11:11 -0500 http://www.realup.com/blog/2011/11/11/honoring-those-who-served/ "As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them."

- John Fitzgerald Kennedy
35th President of the United States]]> "As we express our gratitude, we must never forget that the highest appreciation is not to utter words, but to live by them."

- John Fitzgerald Kennedy
35th President of the United States]]> http://www.realup.com/blog/2011/11/11/honoring-those-who-served/#comments http://www.realup.com/blog/2011/11/11/honoring-those-who-served/ http://www.realup.com/blog/2011/11/8/increasing-demand-of-medical-office/ http://www.realup.com/blog/2011/11/8/increasing-demand-of-medical-office/#comments 08 Nov 2011 01:08:05 -0500 http://www.realup.com/blog/2011/11/8/increasing-demand-of-medical-office/ According to Marcus & Millichap's October 2011 Special Medical Office Research Report, an increase in employment and lack of new development are increasing the demand of medical office.

Healthcare employment rose 2.2% year over year. During that period, the U.S. added 1.5 million jobs, restoring health coverage for many Americans.

The report notes that as construction starts to pick up, developers are expected to focus on multi-tenant buildings with strong off-campus facilities such as surgery centers to accommodate hospitals’ off-site expansions.

Medical office vacancy, while still above pre-recession levels, fell 70 basis points from the 2009 peak to 11.5%.

Some markets, including several in Texas, the Midwest, and the Northeast, have seen a more dramatic decline in vacancy, while others still suffer from an oversupply of product that resulted from the housing boom.]]> According to Marcus & Millichap's October 2011 Special Medical Office Research Report, an increase in employment and lack of new development are increasing the demand of medical office.

Healthcare employment rose 2.2% year over year. During that period, the U.S. added 1.5 million jobs, restoring health coverage for many Americans.

The report notes that as construction starts to pick up, developers are expected to focus on multi-tenant buildings with strong off-campus facilities such as surgery centers to accommodate hospitals’ off-site expansions.

Medical office vacancy, while still above pre-recession levels, fell 70 basis points from the 2009 peak to 11.5%.

Some markets, including several in Texas, the Midwest, and the Northeast, have seen a more dramatic decline in vacancy, while others still suffer from an oversupply of product that resulted from the housing boom.]]> http://www.realup.com/blog/2011/11/8/increasing-demand-of-medical-office/#comments http://www.realup.com/blog/2011/11/8/increasing-demand-of-medical-office/ http://www.realup.com/blog/2011/11/3/check-out-contakscom/ http://www.realup.com/blog/2011/11/3/check-out-contakscom/#comments 03 Nov 2011 01:35:00 -0400 http://www.realup.com/blog/2011/11/3/check-out-contakscom/ Contaks.com is a new business networking company that offers business professionals the ability to connect with colleagues, coworkers and customers.

Contaks was created by the same individuals that brought you RealUp.com. Contaks is accepting new members which will receive access to a suite of networking tools including groups, forums, photos, blogs, and events.

Members can easily add all of their existing business connections using address book import tools. Contaks gives you the ability to connect with other members in the commercial real estate field.

The central feature of Contaks is the activity wall which is fresh and lively, informative and descriptive, and open and transparent. The activity wall encourages peer to peer interactive connections that help grow and support business relationships and discourse.

The activity wall also includes business and world news as well as links to groups, forums, events, blogs and photos. Active members can be seen in the leaderboard which also displays popular discussions and top rated content.

JOIN NOW FOR FREE!]]> Contaks.com is a new business networking company that offers business professionals the ability to connect with colleagues, coworkers and customers.

Contaks was created by the same individuals that brought you RealUp.com. Contaks is accepting new members which will receive access to a suite of networking tools including groups, forums, photos, blogs, and events.

Members can easily add all of their existing business connections using address book import tools. Contaks gives you the ability to connect with other members in the commercial real estate field.

The central feature of Contaks is the activity wall which is fresh and lively, informative and descriptive, and open and transparent. The activity wall encourages peer to peer interactive connections that help grow and support business relationships and discourse.

The activity wall also includes business and world news as well as links to groups, forums, events, blogs and photos. Active members can be seen in the leaderboard which also displays popular discussions and top rated content.

JOIN NOW FOR FREE!]]> http://www.realup.com/blog/2011/11/3/check-out-contakscom/#comments http://www.realup.com/blog/2011/11/3/check-out-contakscom/ http://www.realup.com/blog/2011/10/31/happy-halloween/ http://www.realup.com/blog/2011/10/31/happy-halloween/#comments 31 Oct 2011 02:15:05 -0400 http://www.realup.com/blog/2011/10/31/happy-halloween/ "Round about the caldron go;
In the poison’d entrails throw.

Toad, that under cold stone,
Days and nights has thirty-one;

Swelter’d venom sleeping got,
Boil thou first i’ the charmed pot!

Double, double toil and trouble;
Fire burn, and caldron bubble."

- William Shakespeare
Act IV, Scene 1 from Macbeth (1606)]]> "Round about the caldron go;
In the poison’d entrails throw.

Toad, that under cold stone,
Days and nights has thirty-one;

Swelter’d venom sleeping got,
Boil thou first i’ the charmed pot!

Double, double toil and trouble;
Fire burn, and caldron bubble."

- William Shakespeare
Act IV, Scene 1 from Macbeth (1606)]]> http://www.realup.com/blog/2011/10/31/happy-halloween/#comments http://www.realup.com/blog/2011/10/31/happy-halloween/ http://www.realup.com/blog/2011/10/27/property-of-the-week/ http://www.realup.com/blog/2011/10/27/property-of-the-week/#comments 27 Oct 2011 01:22:46 -0400 http://www.realup.com/blog/2011/10/27/property-of-the-week/ This week RealUp would like to bring you a feature property located in Lisle, Illinois. Dan Merenkov of John Greene Realtor presents this great corner commercial property for sale for $540,000.

Situated in the heart of a neighborhood commercial area serving the greater Lisle area, this property is ideal for retail development. The property consists of 4 lots, totaling 0.83 acres.

One lot includes a small house, which is prime for tear-down. All four lots must be sold together. Property is currently unincorporated, but is adjacent to Lisle corporate limits and can be easily annexed and zoned for commercial.

As an added bonus, the space includes a full basement with access from inside the store. The lease for this beautiful space in $5,000/month.

For more information and to view this featured property listing, please
click here]]> This week RealUp would like to bring you a feature property located in Lisle, Illinois. Dan Merenkov of John Greene Realtor presents this great corner commercial property for sale for $540,000.

Situated in the heart of a neighborhood commercial area serving the greater Lisle area, this property is ideal for retail development. The property consists of 4 lots, totaling 0.83 acres.

One lot includes a small house, which is prime for tear-down. All four lots must be sold together. Property is currently unincorporated, but is adjacent to Lisle corporate limits and can be easily annexed and zoned for commercial.

As an added bonus, the space includes a full basement with access from inside the store. The lease for this beautiful space in $5,000/month.

For more information and to view this featured property listing, please
click here]]> http://www.realup.com/blog/2011/10/27/property-of-the-week/#comments http://www.realup.com/blog/2011/10/27/property-of-the-week/ http://www.realup.com/blog/2011/10/25/commercial-real-estate-deals-slowing/ http://www.realup.com/blog/2011/10/25/commercial-real-estate-deals-slowing/#comments 25 Oct 2011 04:10:23 -0400 http://www.realup.com/blog/2011/10/25/commercial-real-estate-deals-slowing/ In contrast to the U.S. housing market, where sales are near the same level as when the recession ended in 2009, commercial property demand has rebounded, particularly in the so-called core markets of New York, Washington and San Francisco.

Commercial real estate transactions in the second quarter were more than double their level from a year earlier and quadruple the post-recession low of $12.9 billion in the first quarter of 2009, according to Real Capital.

Green Street Advisors Inc. reported on Oct. 6 that commercial real estate prices were little changed three of the last four months as "fear" crept into the market. Prior to the slowdown, prices had recovered three-quarters of the value lost after credit markets froze in late 2008, according to the Newport Beach, California-based property research company, which compiles its data from real estate investment trusts.

Third-quarter deals for office buildings, hotels, industrial properties, apartments and shopping complexes were up 39 percent from the same time in 2010, showing the recovery is slowing rather than grinding to a halt.]]> In contrast to the U.S. housing market, where sales are near the same level as when the recession ended in 2009, commercial property demand has rebounded, particularly in the so-called core markets of New York, Washington and San Francisco.

Commercial real estate transactions in the second quarter were more than double their level from a year earlier and quadruple the post-recession low of $12.9 billion in the first quarter of 2009, according to Real Capital.

Green Street Advisors Inc. reported on Oct. 6 that commercial real estate prices were little changed three of the last four months as "fear" crept into the market. Prior to the slowdown, prices had recovered three-quarters of the value lost after credit markets froze in late 2008, according to the Newport Beach, California-based property research company, which compiles its data from real estate investment trusts.

Third-quarter deals for office buildings, hotels, industrial properties, apartments and shopping complexes were up 39 percent from the same time in 2010, showing the recovery is slowing rather than grinding to a halt.]]> http://www.realup.com/blog/2011/10/25/commercial-real-estate-deals-slowing/#comments http://www.realup.com/blog/2011/10/25/commercial-real-estate-deals-slowing/ http://www.realup.com/blog/2011/10/20/property-of-the-week/ http://www.realup.com/blog/2011/10/20/property-of-the-week/#comments 20 Oct 2011 04:10:10 -0400 http://www.realup.com/blog/2011/10/20/property-of-the-week/ This week RealUp would like to bring you a feature property located in New York, New York. Ken Brandman of New York Commercial Real Estate Services (NYCRS) presents this 450 square foot upscale retail space for lease.

Situated in Nolita, a neighborhood in the borough of Manhattan in New York City, this property has all high-end neighbors including restaurants, designers, lounges, and boutique hotels.

As an added bonus, the space includes a full basement with access from inside the store. The lease for this beautiful space is $5,000/month.

For more information and to view this featured property listing, please
click here]]> This week RealUp would like to bring you a feature property located in New York, New York. Ken Brandman of New York Commercial Real Estate Services (NYCRS) presents this 450 square foot upscale retail space for lease.

Situated in Nolita, a neighborhood in the borough of Manhattan in New York City, this property has all high-end neighbors including restaurants, designers, lounges, and boutique hotels.

As an added bonus, the space includes a full basement with access from inside the store. The lease for this beautiful space is $5,000/month.

For more information and to view this featured property listing, please
click here]]> http://www.realup.com/blog/2011/10/20/property-of-the-week/#comments http://www.realup.com/blog/2011/10/20/property-of-the-week/ http://www.realup.com/blog/2011/10/13/property-of-the-week/ http://www.realup.com/blog/2011/10/13/property-of-the-week/#comments 13 Oct 2011 01:26:22 -0400 http://www.realup.com/blog/2011/10/13/property-of-the-week/ Joe Pelayo of Total Real Estate Consultants would like to present a freestanding office/professional building for sale in Davie, FL.

On-site amenities include a 3-6 offices with a reception, kitchen, 2 bathrooms, a fenced yard, 2 carports, and a driveway for 10 cars.

For more information and to view this featured property listing, please
click here

]]> Joe Pelayo of Total Real Estate Consultants would like to present a freestanding office/professional building for sale in Davie, FL.

On-site amenities include a 3-6 offices with a reception, kitchen, 2 bathrooms, a fenced yard, 2 carports, and a driveway for 10 cars.

For more information and to view this featured property listing, please
click here

]]> http://www.realup.com/blog/2011/10/13/property-of-the-week/#comments http://www.realup.com/blog/2011/10/13/property-of-the-week/ http://www.realup.com/blog/2011/10/4/property-of-the-week/ http://www.realup.com/blog/2011/10/4/property-of-the-week/#comments 04 Oct 2011 01:55:46 -0400 Kittie Miller, Customer Service Manager http://www.realup.com/blog/2011/10/4/property-of-the-week/ Joe Pelayo of Total Real Estate Consultants would like to present Executive Offices for Lease for $1,000/month in Coral Springs, FL.

On-site amenities include a waiting room, security system, surveillance, sound proofed rooms, kitchen, outside covered patio, 2 bathrooms, and remote access availability.

These executive offices are a perfect fit for Medical & Therapy Professionals.

The offices are located in Coral Springs Professional Campus is located on the northern part of Coral Springs near Parkland. One block from the Sawgrass Expressway. They are located in a high end area near shopping and a residential area and MANY schools.

For more information and to view this featured property listing, please
click here

]]> Joe Pelayo of Total Real Estate Consultants would like to present Executive Offices for Lease for $1,000/month in Coral Springs, FL.

On-site amenities include a waiting room, security system, surveillance, sound proofed rooms, kitchen, outside covered patio, 2 bathrooms, and remote access availability.

These executive offices are a perfect fit for Medical & Therapy Professionals.

The offices are located in Coral Springs Professional Campus is located on the northern part of Coral Springs near Parkland. One block from the Sawgrass Expressway. They are located in a high end area near shopping and a residential area and MANY schools.

For more information and to view this featured property listing, please
click here

]]> http://www.realup.com/blog/2011/10/4/property-of-the-week/#comments http://www.realup.com/blog/2011/10/4/property-of-the-week/ http://www.realup.com/blog/2011/9/28/property-of-the-week/ http://www.realup.com/blog/2011/9/28/property-of-the-week/#comments 28 Sep 2011 01:47:13 -0400 http://www.realup.com/blog/2011/9/28/property-of-the-week/
The industrial property is a 2,400 square foot warehouse for sale with an additional 1,200 square foot mezzanine storage.

On-site amenities include an enclosed secure yard and overhead door.

Property is listed at $262,000. Property can also be leased.

Situated just east of Siler or south of Agua Fria. From either street exit onto Siler Park Lane, then proceed to Cooks Road.

Click here to visit this property]]>
The industrial property is a 2,400 square foot warehouse for sale with an additional 1,200 square foot mezzanine storage.

On-site amenities include an enclosed secure yard and overhead door.

Property is listed at $262,000. Property can also be leased.

Situated just east of Siler or south of Agua Fria. From either street exit onto Siler Park Lane, then proceed to Cooks Road.

Click here to visit this property]]> http://www.realup.com/blog/2011/9/28/property-of-the-week/#comments http://www.realup.com/blog/2011/9/28/property-of-the-week/ http://www.realup.com/blog/2011/9/26/industrial-real-estate-improves/ http://www.realup.com/blog/2011/9/26/industrial-real-estate-improves/#comments 26 Sep 2011 04:41:52 -0400 http://www.realup.com/blog/2011/9/26/industrial-real-estate-improves/ According to reports released recently, domestic industrial markets have improved and could be mounting a significant recovery.

The report revealed that the national vacancy rate fell to 9.7% – the lowest point in the last two years. Last year at this time, it was 10.6%, so the 0.9% reduction is notable.

Specifically, port properties are outpacing the rest of the sector in terms of falling vacancy rates.

In addition to more property being leased or purchased for industrial use, more square footage is being used as well.

Companies in the U.S. are using 144.8 million square feet of space, up 14% from last year’s figure of 126.6 million square feet. This signals expansion, which is a promising factor for American markets.

Lease rates – the amount of money companies pay to lease industrial sites or property – are also going up.

In short, it appears that industrial markets for real estate are stabilizing just as commercial markets are, which is good news in and of itself but is also a good sign for residential markets down the road.]]> According to reports released recently, domestic industrial markets have improved and could be mounting a significant recovery.

The report revealed that the national vacancy rate fell to 9.7% – the lowest point in the last two years. Last year at this time, it was 10.6%, so the 0.9% reduction is notable.

Specifically, port properties are outpacing the rest of the sector in terms of falling vacancy rates.

In addition to more property being leased or purchased for industrial use, more square footage is being used as well.

Companies in the U.S. are using 144.8 million square feet of space, up 14% from last year’s figure of 126.6 million square feet. This signals expansion, which is a promising factor for American markets.

Lease rates – the amount of money companies pay to lease industrial sites or property – are also going up.

In short, it appears that industrial markets for real estate are stabilizing just as commercial markets are, which is good news in and of itself but is also a good sign for residential markets down the road.]]> http://www.realup.com/blog/2011/9/26/industrial-real-estate-improves/#comments http://www.realup.com/blog/2011/9/26/industrial-real-estate-improves/ http://www.realup.com/blog/2011/9/23/raleigh-nc-ranks-no-1/ http://www.realup.com/blog/2011/9/23/raleigh-nc-ranks-no-1/#comments 23 Sep 2011 01:03:12 -0400 Kittie Miller, Customer Service Manager http://www.realup.com/blog/2011/9/23/raleigh-nc-ranks-no-1/ Based on such metrics as school performance, green space and cultural amenities, Raleigh, N.C., home of RealUp.com, ranks No. 1 in Businessweek.com's first Best Cities ranking.

Raleigh shows the cultural graces that go along with anchoring the so-called research triangle, home to North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill.

Among its many attributes the city sports 867 restaurants, 110 bars, and 51 museums, according to Onboard Informatics, as well as a thriving social scene, good schools, and 12,512 park acres, equal to several times the green space per capita in cities like New York and Los Angeles, according to the Trust for Public Land.

It also offers a great deal on nights and weekends--from concerts and opera, to the NHL's Carolina Hurricanes and college sports, to the 30,000-sq.-ft. State Farmers Market.

"We've always said, you can find about every amenity that you want, even in a city of our size," says James Sauls, director of Raleigh Economic Development, a partnership between the City of Raleigh and the Greater Raleigh Chamber of Commerce.

The data for this ranking came from the U.S. Census Bureau, U.S. Bureau of Labor Statistics, Sperling's BestPlaces, GreatSchools, Onboard Informatics, RealtyTrac, Bloomberg, and the Trust for Public Land.

Raleigh, though active, is often described as "a park with a city in it," according to the city tourism site, and the downtown area has "an attractive pedestrian mall where trees, fountains, and statuary create a shopping oasis," as described by the travel guide Frommer's.]]> Based on such metrics as school performance, green space and cultural amenities, Raleigh, N.C., home of RealUp.com, ranks No. 1 in Businessweek.com's first Best Cities ranking.

Raleigh shows the cultural graces that go along with anchoring the so-called research triangle, home to North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill.

Among its many attributes the city sports 867 restaurants, 110 bars, and 51 museums, according to Onboard Informatics, as well as a thriving social scene, good schools, and 12,512 park acres, equal to several times the green space per capita in cities like New York and Los Angeles, according to the Trust for Public Land.

It also offers a great deal on nights and weekends--from concerts and opera, to the NHL's Carolina Hurricanes and college sports, to the 30,000-sq.-ft. State Farmers Market.

"We've always said, you can find about every amenity that you want, even in a city of our size," says James Sauls, director of Raleigh Economic Development, a partnership between the City of Raleigh and the Greater Raleigh Chamber of Commerce.

The data for this ranking came from the U.S. Census Bureau, U.S. Bureau of Labor Statistics, Sperling's BestPlaces, GreatSchools, Onboard Informatics, RealtyTrac, Bloomberg, and the Trust for Public Land.

Raleigh, though active, is often described as "a park with a city in it," according to the city tourism site, and the downtown area has "an attractive pedestrian mall where trees, fountains, and statuary create a shopping oasis," as described by the travel guide Frommer's.]]> http://www.realup.com/blog/2011/9/23/raleigh-nc-ranks-no-1/#comments http://www.realup.com/blog/2011/9/23/raleigh-nc-ranks-no-1/