NEWS
New Issue of Commercial Connections
Download your free NAR publication today – this edition’s features include a look at co-working spaces, the Dodd-Frank proposed rule, and NAR Research’s outlook on the commercial markets. Plus, read about and be inspired by those recognized with NAR’s National Commercial Award.
Link: http://www.realtor.org/commercial/rca_publications
THE SOURCE BLOG
Finding And Renting Shared Office Space – Monitoring The Trends In A Growing Market
Learn about five websites that promote listings for shared office space—incubator-style arrangements idealized for startups and membership-based rental models—which are on the rise in primary and secondary markets.
Link: http://blog.commercialsource.com/finding-and-renting-shared-office-space-monitoring-the-trends-in-a-growing-market/
RESEARCH
Banks Lay Groundwork for Commercial Comeback
A recent Federal Reserve Board survey of senior loan officers found that more than 13% of respondents noticed stronger commercial real estate demand in the fourth quarter, up from 1.8% a year earlier.
Link: http://realtormag.realtor.org/daily-news/2011/12/23/banks-lay-groundwork-for-commercial-comeback
EDUCATION
Social Media Webinar from REALTOR® University
REALTOR® University’s School of Professional Development and Continuing Education is excited to bring five of the top minds in real estate education for the Webinar Summit on January 31. During this powerful summit you will learn the most effective systems and strategies used to sharpen your Facebook marketing strategy, learn how to become the online expert and trusted advisor in your sphere of influence, discover the power of Google+, build a powerful referral network and leverage the power of Social Media to generate online business. The complete package for all five sessions is only $19.95! Register today and use the coupon code “RUWSF18” to save $5.00. View the full schedule and register today!
Link: http://www.learninglibrary.com/aspdotnetstorefront70/c-126-15-webinar-summit.aspx?affiliateId=10063
Friday, January 27, 2012
News from NAR Commercial
Thursday, January 26, 2012
Nominations for Frontier Awards Due Jan 31
Nominations for the 2012 Frontier Awards are now being accepted. Presented by TCAR (www.TCAR.com), the Triangle Commercial Association of REALTORS®, the awards honor top commercial real estate brokers for their outstanding service to the community, industry and the association. Individuals can nominate their favorite commercial real estate professional by downloading the form at www.TCAR.com. The deadline for submission is Jan. 31, 2012.
“The Frontier Awards highlight the accomplishments of TCAR members and their contributions to the community,” says Kerry Saunders, TCAR president. “These professional men and women are often the first point of contact for new companies considering locating in the region. They play a critical role in helping make the Triangle a better place to live and work. We look forward to recognizing and celebrating their accomplishments.”
Awards will be presented in nine categories:
- Busy Broker Award
- Community Foundation Award
- Developer/Builder of the Year Award
- Million Dollar Clubs
- President’s Circle Award
- REALTOR® of the Year Award
- Rising Star Award
- Trail Blazer Award
- William P. Eyerman Award
Registration for the March 1, 2012 awards breakfast is open at http://tinyurl.com/2012TCARFrontier. Tickets are $35 each and full tables are $300. For additional event information, contact Jennifer Copersito at 919.228.2588 or jennc@tcar.com.
Friday, January 20, 2012
RDU & CLT Among Best U.S. Airports for Tech Travelers -
- PCWorld looked at the Best U.S. Airports for Tech Travelers and recognized Raleigh-Durham International Airport and Charlotte Douglas International Airport in several categories. For the 10 Best U.S. Airports for Wi-Fi, RDU ranked #1, followed by CLT at #2. RDU ranked #4 among the 10 Most Tech-Friendly Terminals. And RDU also ranked #10 among the 10 Best U.S. Airports for Cell Coverage.
Wednesday, January 18, 2012
2012 TCAR President NAI Carolantic Realty Named New Vice President
NAI Carolantic Realty’s Chairman, Steve Stroud has named their long-time Director of Marketing, Kerry Saunders, as the Company’s new Vice President. “Kerry’s unique qualifications, combined with her dedication to excellence, her clear vision and her natural talent for organization and management, make her the natural choice as our Company’s Vice President,” said Stroud.
Since joining the Company in 1987, Ms. Saunders has helped steer NAI Carolantic to the top spot as the region’s leading commercial real estate enterprise. She has been the organizing force behind NAI Carolantic’s award winning Annual Triangle Commercial Real Estate Conference and the Company’s subsequent annual Triangle Real Estate Report publication.
A well respected member of the region’s commercial real estate community, Ms. Saunders has been the recipient of a number of awards and honors. In 2010, she received the William P. Eyerman Award from the Triangle Commercial Association of Realtors. The award is presented to an individual who has had a significant impact within the commercial real estate industry. In 2009, she received the Best Professional Commercial Real Estate Service Award, presented by Triangle Commercial Real Estate Women. In 1999, the Triangle Business Journal awarded Ms. Saunders their Women in Business Award. And also in 1999, she was presented the Woman of the Year Award at the Champion Awards sponsored by Triangle Commercial Real Estate Women. She is a charter member of TCREW and served two terms as President.
Ms. Saunders is currently serving as President of the Triangle Commercial Association of REALTORS® (TCAR) which is one of 1,800 local associations of REALTORS® nationwide that comprise the National Association of REALTORS®. TCAR is the second largest commercial overlay board in North Carolina with 600 members and serves a 14-county area, including the Triangle, for real estate practitioners, appraisers, property managers, and other professionals allied with the real estate industry.
Ms. Saunders holds a BS in Journalism and Public Relations from the University of Florida. Prior to joining NAI Carolantic, Ms. Saunders spent five years recruiting industry to a metropolitan area as the Assistant Manager of Economic Development at the city’s Chamber of Commerce.
Friday, January 13, 2012
How was Your Commercial Market in 2011 Q4?
NAR is looking for information about your commercial market activity. Your responses help inform members and markets about the direction of commercial markets, sales, pricing, and leasing activity.
Please take a few moments to respond to the brief Commercial Real Estate Market Survey, covering 4th Quarter 2011 sales and leasing activity. The survey takes about 5 minutes. Your individual responses on these important issues will remain completely confidential.
Please go to http://www.zoomerang.com/Survey/WEB22EDSTTDJSN by January 20, 2012. The results of this survey will be emailed to respondents in an advanced report before its official release.
If you have any questions, please contact NAR Research at (202) 383-1033
Thursday, January 12, 2012
Unified Commercial Real Estate Finalizes $3.7M Wake Forest Deal
Vijay Shah of Unified Commercial Real Estate, a Triangle-area commercial real estate brokerage, represented Heritage Realty of Chapel in their purchase of the Shoppes at Heritage in Wake Forest.
Shah, a Certified Commercial Investment Manager, negotiated the $3.7M transaction. The fully-leased, 22,000SF retail center in Wake Forest boasts a strong mix of tenants, such as Little Caesar’s, Da Vinci’s Pork Store, O’Dwyer’s Irish Pub, 101 Wine and Triangle Dry Cleaning. Several tenants recently signed renewals, underscoring the success of the Wake Forest retail center.
Heritage Realty of Chapel was seeking to invest in 100% leased incoming-producing asset in the Raleigh-Durham area. With twenty years of commercial real estate experience specializing in retail leasing and investment sales, Shah utilized Unified Commercial’s custom real estate database to connect Heritage Realty of Chapel with the properties that best fit their investment strategy.
About Unified Commercial Real EstateUnified Commercial Real Estate is based in Raleigh, NC. A full service real estate brokerage firm with a national scope, Unified Commercial focuses on single and multi-tenant retail, hotel and retail development, as well as leasing transactions. Real estate investments are more than just a rent roll and cap rates. Unified Commercial is a member of Retail Brokers Network, an invitation only network whose members specialize in retail real estate. www.uncre.com
Friday, January 6, 2012
TCAR Announces 2012 Board of Directors
The Triangle Commercial Association of REALTORS®, announced its 2012 board of directors. The organization serves real estate practitioners, appraisers, property managers and other professionals within a 14-county area. TCAR is the second largest commercial overlay board in North Carolina with 600 members.
2012 board members include:
Executive Committee
Kerry Saunders, NAI Carolantic Realty, Inc., President
Joni Barnes, Dilweg Commercial Inc., President-Elect
Hunt Wyche, Commercial Associates, Treasurer
Shane Bull, NAI Carolantic Realty, Inc., Past President
Board Members
Christina Coffey, Hunter & Associates
Kathy Gigac, Colliers International
Justin Good, Cassidy Turley
Beth Harrelson, Professional Mortgage of NC
Bill Harwell, KW Commercial
Scott Hurst, CBC Advantage
John Linderman, Grubb & Ellis|Thomas Linderman Graham
Bill White, White Oak Commercial
Matthew Winters, Grubb & Ellis|Thomas Linderman Graham
“For two decades, TCAR members have worked together to maintain high standards of professionalism in the industry,” says Kerry Saunders, TCAR president. “Our goal is to provide our members with superior resources and services through continued support of Tacquire, educational opportunities, and networking events. We look forward to working with our members to achieve this goal.”
TCAR provides resources that assist members in successfully managing and growing their businesses. Kim Brennan, executive officer, and Jennifer Copersito, executive assistant, work with members on daily operations as well as TCAR events. In 2010, the organization formed Tacquire, a commercial information exchange that brings in-depth research tools to its members. Tacquire tracks office, industrial, retail and specialty space available for lease across the Triangle region, as well as buildings and land being marketed for sale.
