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4 Things to Look for When Shopping for an Office Space to Lease

Finding office space to lease, especially in the city, can be trickier than you would think. CRE is an entirely different beast from residential real estate or even residential rentals, coming with its own set of rules, questions to ask, and more. This big step for your business can quickly turn from exciting to stressful — if you don’t know what to look for or the right questions to ask. Wondering what to look for when shopping for an office space lease? Read on to learn more… 1) A space…

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4 Ways Amenities Have Changed the Office Landscape

While one-size-fits-all office spaces have ruled the landscape in the past, the trend is shifting away from cookie cutter and moving toward a different kind of workspace with unique amenities. These amenities represent a much more flexible and activity-based design approach to the workplace which, when incorporated, can both attract and retain employees — an obvious benefit to employers. It’s no secret that “location, location, location” applies to commercial real estate as much, if not more than, residential real estate. But a good location and fun coworkers simply isn’t enough…

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4 CRE Trends We Can Attribute to Millenials

Today’s workforce is undergoing a major shift in population. As of 2017, 56 million Millennials are either working or actively searching for work, making them the largest segment of the U.S. labor force, surpassing Gen Xers in 2016. More than one out of every three American workers is a Millennial — more than Gen Xers and much more than Baby Boomers. And, just as every other generation that came before them, Millennials pride themselves on marching to the beat of their own drum, if you will — wearing different clothes,…

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Did you know? Industry News 

Are warehouses now more valuable than offices? Here is what you need to know!

Big-box warehouses are officially worth more than office buildings. You read that right. That’s according to a  report, which said that in 2017 big-box warehouses (measuring at least 200,000 square feet and boasting 28-foot ceilings) sold at an average capitalization rate of 5.8%. That’s below the 6.7% cap rate for all U.S. office space and nearly beats the 5.7% rate for offices in central business districts, Bloomberg reports. Cap rates measure yield, and lower rates signify a greater value. So how is it that warehouses, a sector often overlooked just a few…

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Did you know? Local Development 

Whats coming in 2018: Attractions and events

From March Madness to dinosaurs in Derby Wichitans have a lot to look forward to in 2018.  Here’s a look at some of the big events and attractions coming your way in 2018. NCAA Men’s Basketball Championships, First and Second Rounds For the first time, Intrust Bank Arena will be hosting first and second round games of the NCAA Men’s Basketball Championships. Games held in Tulsa brought an estimated $8 to $10 million to the local economy.   Head over to Intrust Bank Arena’s Website for more information. Field Station Dinosaurs, Derby Opening…

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Did you know? Industry News 

Wichita ranks high in study of cheapest markets to start a business

Everyone who is in Wichita knows it’s fairly cheap to live here, but apparently it’s also pretty economical to start a business here, too. SmartAsset, a New York-based financial technology company, has a new study on cities with the lowest costs to start a company nationally. As a public relations person touting the study wrote, “Wichita ranks in the number four spot!” Only Chattanooga and Knoxville, Tenn., and Greensboro, N.C., rank better. On average, a 1,000-square-foot lease is $14,720 in Wichita. That’s actually a bit cheaper than each of the top-ranking cities…

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Did you know? Services 

We know investment property. And we can help you.

In the market for an investment opportunity? We work with institutions, REITs and private investors seeking to maximize their real estate position and strategies for properties ranging from portfolios of owned real estate and non-performing loans to single-tenant net leases, multi-family properties, hotels, industrial parks and corporate headquarters. We maintain relationships with buyers of investment and development properties, and continually track activity along product type, value range and geographic area. We offer teams who specialize in specific sectors of investment sales and acquisitions, the structuring of sale-leasebacks, and finance for…

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Did you know? NAI Martens is part of a Global Network

Did you know NAI Martens is part of a global commercial real estate service network with over 400 offices and 7,000 market leaders spanning the globe? NAI has offices all over the world, so with our local expertise, combined with our global reach, we offer innovative, customized solutions and seamless service to our owners, tenants, and investors throughout south-central Kansas and Topeka. Our company has been in operation since 1948 and is lead by CEO Steve Martens, CCIM, CPM, SIOR and President Tom Johnson, CRE – two industry veterans with…

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