NAI Martens 

Here’s Where Single-Family Rental Opportunities are Growing the Most

The single-family rental property market has been one of the hottest markets in commercial real estate in 2018, in certain places such as Dallas, it’s actually better to rent than purchase a home. Let’s take a closer look at where single-family rental properties are growing the most. The Numbers Behind the Market According to CoreLogic’s Single-Family Rental Index, Las Vegas has led the nation in year-over-year rent price increases throughout the first half of 2018 and high-end rental prices accelerated from January to June 2018 compared to the low-end cohort.…

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NAI Martens 

Robots are Changing the Way Warehouses are Designed and Built: Here’s How

As robots continue to establish a presence on the warehouse floor, this will significantly impact how these warehouses are both designed and built. More automation via robots will require economies of scale, which will impact the demand for warehouse space. Here is how robots are impacting the industrial warehouse market. Warehouses Will Scale Down Space within warehouses will need to be utilized more intensively, which will result in the warehouses becoming smaller. As robots continue to join the warehouse floor, there will be less human counterparts, requiring less horizontal space…

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Martens Companies 

18 Commercial Real Estate Trends To Dominate in 2019

As the new year approaches, Bisnow spoke with several industry execs, researchers and economists to uncover the major trends expected to dominate the commercial real estate industry in the coming year. From the rise of opportunity zones to a slowdown in industrial absorption, these are 18 trends experts forecast for 2019. 1. Opportunity Zones Craze To Persist As investors await finalized guidance from the Department of the Treasury and the IRS regarding the Opportunity Zone program, the hunt is on for assets and investment opportunities in these designated areas that present the strongest upside…

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NAI Martens 

Ways Landlords Can Leverage Technology to Increase Revenues

As a landlord, you’re always looking for ways to give a boost to the bottom line. With technology a huge part of that bottom line these days, it only makes sense that you’re going to look to it not only to increase revenue but to improve your tenants’ experience as well. So what are the ways in which you can do this? Here are a few that we’ve collected: Use machine learning and artificial intelligence for optimal pricing strategies. With many new companies emerging with the exact intent of using…

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Martens Companies 

Hotel Occupancies, Rent Growth Remain Strong, with a Positive Outlook for 2019

Hotels are doing better than ever. More rooms have been occupied in 2018 at higher rents than ever before. “We are at peak performance—and we don’t expect that to change much,” says Jan Freitag, senior vice president of lodging insights for research firm STR. https://www.nreionline.com/hotel/hotel-occupancies-rent-growth-remain-strong-positive-outlook-2019  

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Martens Companies 

Update on Kansas Economic Conditions

One of our favorite sites for the latest on economic conditions in Wichita and throughout Kansas is Wichita State Universities Center for Economic Development and Business Research (CEDBR).   Here is some recent information they provided on the Kansas transportation, health care and finance and insurance industries.  Transportation Industry News and Developments Transportation and warehousing employment has risen sharply inKansas in the past two years after remaining relatively flat for much of thelast decade. Since 2015, the sector added almost 6,000 new jobs, a 13.3 percentincrease. The vast majority of this…

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NAI Martens 

How Will Rental Transportation Impact Our Cities?

You’re not just seeing things – rental transportation is becoming ever more of a popular thing by the day, particularly in larger metropolitan areas. Just as much as they are getting big, they’re also becoming controversial, with some cities fighting back with claims that these scooters clutter the community and are not tightly regulated enough. They’re everywhere, officials say. They’re convenient, claim the companies, in places where parking is a bear and even public transport can be challenging. So where to from here? How will the advent of rental transportation…

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Martens Companies 

Fed Beige Book: Commercial Real Estate Construction and Leasing Tended to Rise or Remain Flat

Overall Economic ActivityMost of the twelve Federal Reserve Districts reported that their economies expanded at a modest or moderate pace from mid-October through late November, though both Dallas and Philadelphia noted slower growth compared with the prior Beige Book period. St. Louis and Kansas City noted just slight growth. On balance, consumer spending held steady – District reports on growth of nonauto retail sales appeared somewhat weaker while auto sales tended to improve, particularly for used cars. Tourism reports varied but generally kept pace with the economy. Tariffs remained a…

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Martens Companies 

Steve Martens Earns Lifetime Achievement Award

The Kansas CCIM Chapter held its annual year-end celebration on Friday and recognized the Martens Companies president, Steve Martens, with the Lifetime Achievement Award. Martens has worked in commercial real estate for more than 40 years and has been president of the Martens Companies since 1983. He has spent his career working to grow opportunities for Wichita and for the people who work with him. Congratulations, Steve, for a well-deserved recognition of your years of hard work!

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NAI Martens 

Will AI Keep Your Property Secure?

How significant is artificial intelligence when it comes to property security? Given that, as The New York Times notes, home security and its cadre of AI assistance is expected to become a $47.5 billion business by 2020, could commercial real estate be far behind? “We put in the cameras to create a perimeter with no dead zones,” Edgeworth Security chief executive Ken Young told the Times with regard to property protection. Edgeworth is a Pittsburgh-based consultancy specializing in monitoring solutions. “Those cameras aren’t just everyday cameras, though – say, for…

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