Month: July 2017

We are proud to announce that NAI Martens Financial Analyst Glenn Cox is the 2017-18 recipient of the Layman L. Clark / Kansas CCIM Chapter Scholarship in Real Estate. Glenn is a senior majoring in entrepreneurship with an emphasis in real estate and has been working as a financial analyst for the last two years. The annual scholarship was established in 2011 by noted real estate developer and Wichita State alumnus Stephen L. Clark in honor of his father and to support WSU students with a demonstrated interest in a commercial…

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NAI Global put together this list of things you need to know about the industrial real estate sector. Things are looking good for the industrial real estate sector, which is hitting record lows in terms of nationwide vacancies as well as record net occupancy gains across the country. Let’s take a more detailed look at the current state of the market and its demand – and assess whether new construction can keep up with that demand. The five things you need to know are: Vacancies Haven’t Been This Low in…

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Nick Kohler, IT Manager at NAI Elliott put together this blog post about cyber attacks and what you can do to keep your data safe.  We thought it was really informative and wanted to share it with you. How quickly the world changes. Twenty-two years ago, the internet began to start hitting its stride and became widely available at college campuses. Seventeen years ago, we had a dot-com bubble burst at the same time that DSL came into our homes for the first time. Thirteen years ago, Facebook was born.…

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A couple of years ago at an NAI Global convention, I had the opportunity to meet Chris Lee with CEL Associates, a strategic planning firm. Recently, he published a report identifying more than 25 quantifiable factors/variables (highlighted below) that should be the discerning criteria for where and why to invest and capitalize on current emerging and long-term opportunities. He believes the U.S. is becoming a latticework of connective and inter-dependent opportunities that are more cloud-based than asphalt based. The list below highlights some of the factors.   Presence of major…

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  Ready to move?  Many clients are surprised at the time it takes to negotiate a commercial lease.  At NAI Martens, our tenant rep brokers are ready to help make sure you get the best deal possible. Here are some tips: 1.  Start Early If you wait until your lease is about to expire you are at a disadvantage.  If you and your landlord hit an impasse, you need to have time to explore other options and not have to rush into a less than ideal situation.  For most clients,…

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WICHITA, KS – July 18th, 2017 – NAI Martens announced that it represented the sale of the former Security 1st Title building, which is located at 434 N. Main. The sellers, 434 LLC and Roger N. Bell Revocable Trust were represented by Wanda Whitworth of NAI Martens.  Patrick Ahern, also of NAI Martens assisted the Buyer, Viaan Electronics. “The building has been vacant since 2014, so I take particular pleasure in knowing it will be reinvigorated by new ownership of a growing, vibrant business,” said Wanda Whitworth of NAI Martens.…

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From Josh Heck with the Wichita Business Journal. After 18 years in the same Wichita office, Grant Thornton LLP will relocate to a new space early next year. The accounting and tax firm has signed a lease for 9,429 square feet of space in the Hinkle Law Firm building in the Waterfront development near 13th Street North and Webb Road. “The Waterfront is the premier business address in the city right now,” Dan Powers, Grant Thornton’s local managing partner, tells the Wichita Business Journal. He says the firm’s lease of the…

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NAI Global recently posted this article about Generation Z and their preference for brick and mortar stores. One might think that Generation Z, whose oldest members were born in the middle 1990s, would be enthusiastic users of online shopping. However, one may be wrong in that assumption, according to a new survey by IBM and the National Retail Foundation. Gen Z shoppers may have easy access to their devices – such as smartphones, tablets, and laptops – but the in-store shopping experience still has its own access to their hearts and wallets.…

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For Immediate Release   Contact:            Andrew Braun 316.847.4913 abraun@martenscos.com   NAI Martens Represents Sale of One and Two Brittany Place   WICHITA, KS – July 10, 2017– NAI Martens announced that it represented the sale of One and Two Brittany Place by BACM 2005-3 MAIN WOODLAWN, LLC to Brittany Place Investment, LLC. Patrick Ahern and Grant Glasgow represented the seller in the transaction, which was sold via Ten-X commercial real estate transaction marketplace.   “We had a tremendous level of interest in the sale of this asset,” Ahern said. “Over…

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As the market’s commercial real estate knowledge leader, the NAI Martens research team is continually refining our approach to data collection, analysis and dissemination. Our real time database provides timely and accurate property, economic and demographic information for the benefit of our stakeholders. However, the collection and application of information goes well beyond our hard data application to include information used to predict human behavior. One of our NAI Global network offices recently shared some interesting thoughts regarding data mining and predictive analytics. Expert forecasters see predictive data analysis expanding…

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