Doug Arthur’s Post

🔏 RECENTLY CLOSED TRANSACTION: 🔏 Our team is proud to announce our recent sale, where we represented the buyer in a complex acquisition on the West Side of Indianapolis. This property, which had lingered on the market for 5+ years due to its challenging floor plan and condition (it was really an industrial building), presented a unique opportunity for my buyer. - Recognizing the potential of this location, we started a site selection analysis to see if their grocery use would work, which, compared to other competitors and their other locations currently running, was ticking all the boxes. Our construction approach to devising a plan utilized the building's excess square footage for an additional tenant, enhancing cash flow, and included development space for parking and further retail expansions. - Lastly, knowing this part of town has so much development going for it furthered my conversations with them to believe this will be a home run both in the short and long term. - Get in touch if you're looking for innovative solutions in commercial real estate, especially in challenging scenarios that require a creative and strategic approach. Our success in turning a long-standing market listing into a lucrative investment with future growth potential exemplifies our expertise and dedication to our client's success. - #closedtransaction, #commercialrealestate, #grocerystoredevelopment, #Indianapolis, #realestateinvestment, #tenantrepresentation, #realestatedevelopment, #businessgrowth, #commercialproperty, #IndyRealEstate, #IndyCommercial, #IndyDevelopment, #IndyBusiness, #IndyRetailSpace, #WestSideIndy, #IndyPropertyDeals, #IndyInvestments, #IndyMarket, #IndyCommercialBrokers, #IndyLeasing, #IndyRetailDevelopment, #IndyEconomicGrowth, #IndyOpportunityZone, #IndyB2B, #IndyUrbanDevelopment, #IndyMixedUse, #IndyEntrepreneurs, #IndyLocalBusiness, #IndyCommercialLeasing, #IndyRealty

NEW: When a mysterious web of connected companies started buying up building after building on a stretch of Pacific Heights, business owners in the area were hopeful that the infusion of capital could help buoy and revive the close-knit retail community that had been struggling since the pandemic. But, months after the properties traded hands, the vision of Upper Fillmore’s newest investor is coming into focus: And it does not appear to include several of the mom and pop businesses that have anchored the street for decades. #sanfrancisco #realestate #commercialrealestate #restaurants #investment #venturecapital #retail San Francisco Chronicle

Many brokers overlook the details… BUT here's why they matter: In 2017, I was entrusted by a private REIT with the task of selling a 10,000 SF multi-tenant retail center in Oak Brook, situated on one of Chicagoland's premier retail thoroughfares. The property was occupied by three tenants on net leases, in a Class-A quality building & location, and anchored by two national tenant brands. Sounds like a layup, right? Not quite. Despite the deal's strong investment attributes, it presented complexities. The anchor tenants' leases only had a few years left of term, and 80% of the income was tied to these leases. Moreover, a newly signed lease to a regional tenant paid significantly lower rent. To navigate these challenges, I spoke with the leasing team and meticulously reviewed each lease agreement and its amendments, uncovering insights into tenants' behavior and long-term commitments. For instance, despite substantial rent payments, the primary long-term lease had been renewed without renegotiation attempts. Additionally, a comparative analysis of similar spaces in the market revealed untapped potential for re-leasing the best corner space. Similarly, examining the second tenant's lease agreements revealed their long-term commitment and absence of exercising a termination option. This commitment was also supported by insights from their recent $200K investment in store renovations, knowledge I obtained through my existing relationship with the tenant rep. By incorporating these DETAILS into the sales narrative, I instilled confidence in an out-of-state buyer. They recognized the long-term stability of the property beyond the immediate lease expirations. This attention to detail ultimately facilitated a successful closing, achieving just under $650 per square foot and 98% of the list price. Best yet — all tenants remain in place to this day. What did we learn? This example underscores the importance of investing time, energy, and effort into examining the details and understanding the story behind each deal. Greenstone Partners #chicagorealestate #multitenantretail #dealstory #oakbrook

Forget the single-family hamster wheel. Commercial real estate offers a chance to play the long game. We're talking industrial giants, thriving retail hubs, and properties that fuel the backbone of the economy. Let's talk CRE 📈 Follow us @investbeyondmultifam #CRE #commercialrealestate #realestateinvesting #realestates #beyondapartments #propertymanagement #commercialrealestateinvestor #retailinvesting #realestateinvestments #neighborhoodretail

Our four-part investor series, Four in ‘24, highlighting our platform across four of our key markets, continued in Dallas! With a focus on Leasing, our team walked investors through KRG’s outperformance in Dallas-Fort Worth, a market featuring impressive strengths: + DFW’s real GDP was more than double the national average in 2022  + DFW employment growth has risen by 3% each of the last 5 years, compared to a U.S. average of 0.8% + Retail occupancy reached a record 95.2% in 2023, +140 BPS from the prior year + Housing costs are 81% lower than New York, 54% lower than Boston, 70% lower than San Francisco, and 35% lower than Chicago Featured properties: The Shops at Legacy East, Prestonwood Place, Southlake Town Square Heath Fear, Tyler Henshaw, Matt Hunt, Karly Kilroy, Jason Kasal, Gregg Poetz, Kelsey Ishmael, CRRP, CMD, Meredith Liewehr, Neil Burka, Daniel Upton, David Ayer, CRRP, Adrian Villegas, Bryan McCarthy . . . #kite #KiteRealtyGroup #KRG #CRE #CommercialRealEstate #REIT #REITs #retailCRE #shoppingcenters #dallas #prestonwoodplace #shopsatlegacyeast #southlaketownsquare

🏡 Want to invest in a property priced $80,000 below market value? This Cleveland fourplex is your golden opportunity! Learn how to optimize it for Section 8 tenants and bring in over $3,000/month in rent. Start building wealth with our FREE guide. 👉 Click here | https://bit.ly/4ef5OiK #RealEstateDeals #FourplexInvesting #Section8Income #WealthCreation #RealEstateWealth

Real estate investors get very rich investing around new Buc-ee's locations. After a new store opens, a whole economy pops up. See my top comment for an example of this. Right now there are more announced locations than ever! I had my team assemble an updated list of all 20 announced stores below, sorted 1 - 20 by the most newly announced stores 1st: 1. Benton, AR 2. Goodyear, AZ 3. Mebane, NC 4. Brunswick, GA 5. DeForest, WI (outside of Madison, northernmost location) 6. Fort Pierce, FL (southernmost location)... 7. Ocala, FL (between Atlanta and Orlando)... 8. Ruston, LA (first in LA) 9. Harrison County, MS (first in MS) 10. Huber Heights, OH (first in OH) 11. Richmond, VA (first in VA) 12. Harrisonburg, VA 13. Springfield, MO (first in MO) 14. Anderson, SC (2nd in SC) 15. Hillsboro, TX 16. Amarillo, TX (first in West Texas) 17. Smiths Grove, KY (2nd in KY) 18. Boerne, TX 19. Luling, TX (expansion)... 20. Clarksville, TN (cancelled due to zoning) Don't just look for listed properties, go call landowners directly. Yes, they'll already know that Buc-ee's is coming. Call them anyway! There's probably some promise in investing in exits before & after these new locations, too. If you really want to get strategic, set Google Alerts for any time a new location is announced & try to get the jump for the next location. (I think Clarksville will still happen.) Or go read city council minutes for future potential location. Please follow me at Chris Koerner for more business ideas like these. Enjoy!

NEREB gives a nuanced view of the Boston retail market, highlighting the contrast between high consumer demand and underlying market challenges. Worth the read!

It's clear that capital drives expansion, and for Durham, that's particularly true in the industrial sector right now. Over the last four years, industrial rent growth has soared, with Class C spaces experiencing a close to 80% hike. As companies like VinFast expand, service-based businesses will increasingly need spaces, and they likely will not be looking at Class A buildings. At the moment, I'm focused on repositioning assets and transforming industrial properties into retail opportunities. This approach not only meets demand but maximizes value. Navigating Durham's rapid growth is exciting, and we can't wait to see how it unfolds. #RealEstate #CommercialRealEstate #Durham #Growth

New Listing Alert! Discover a rare gem in the heart of a thriving commercial hub! This commercial property spans just under 5 acres and is packed with potential for savvy investors and entrepreneurs alike. Boasting high visibility and accessibility, it sits conveniently near I-74 with an easement to Harrison Ave., ensuring a steady flow of traffic and customers. Key Features: -Prime location with high traffic counts -Easy accessibility from I-74 and Harrison Ave. -Water, sewer, and electric connections on-site -Versatile zoning for a variety of business ventures -Proximity to major highways and key amenities -Ideal for retail, office spaces, restaurants, and medical facilities -Perfect for creative development: think shopping centers, office complexes, vibrant restaurant hubs, and more! -Strategically located near Kroger, Lowe's, and major hospitals like Tri-Health, Children's Hospital, and Christ Hospital, this property offers not just convenience but a strategic advantage for your next business venture. Ready to turn your entrepreneurial vision into reality? Don't miss out on this exceptional opportunity in prime real estate. Contact us today for more details and to schedule a viewing! Offered at $1,800,000 #CommercialRealEstate #InvestmentOpportunity #BusinessVentures #PrimeLocation