NGCE Insider Corner

Every 2nd Friday of the month we will be putting a small segment together from either a Broker or someone from Property Management. They will be sharing their advice or tips on their commercial real estate specialty.

September 8, 2017
A New Generation of Marketing
A New Generation of Marketing

While working through ideas for this article, one thread seemed to be consistent in my mind, “Time changes everything… or does it?”  Millennials won’t remember the unique advertising campaign launched by Burma-Vita Company for their Burma-Shave shaving cream. This family-run business based in Minneapolis, was a pioneer in U.S. outdoor marketing. The roadside campaign for Burma-Shave ran from 1925 through 1964 and each installation consisted of a series of six signs. The first five signs bared a single line of a jingle and the last sign featured the Burma-Shave logo that appeared in more than 42,000 individual signs in 7,000 locations in 45 states.

Read More
March 10, 2017
Architecture & 3D Technology
Architecture & 3D Technology

Gone are the days where clients make design decisions solely based on the architect's tried and true methods of communicating ideas. Floor plans, sections and elevations have been used by architects to convey design intent for centuries. Buildings were designed and described through a series of independent drawings, one sheet at a time.  Today, it's totally different. The software and computing power now available is fundamentally changing the way we design. Architects are creating detailed 3D models of entire buildings and highlighting different pieces and parts to communicate the same ideas that would have previously taken multiple independent drawings to convey.

Read More
Change is the Only Constant
Change is the Only Constant

The national trend of bringing downtowns back to vibrancy, has been aided locally by the Regional Cities Initiatives. Risk-taking developers in partnership with city and economic development are responsible for several mixed-use projects throughout our region.

Read More
April 14, 2017
Driving NOI
Driving NOI

As a Property and/or Asset Manager (Manager), we are constantly striving to ensure the highest NOI for every asset within our portfolio by maximizing revenue and minimizing expenses.

Read More
February 10, 2017
Funding your Business Acquisition
Funding Your Business Acquisition

Funding your Business Acquisition: Unless a business buyer is strapped with excess cash or has the financial backing of a strong and willing investor, funding a business acquisition can be a risky and stressful venture. Typically, small business acquisitions and start-ups are funded through loans from banks.

Read More
August 11, 2017
Michigan's New "Green" Industry
Michigan's New "Green" Industry

Michigan joined into the ranks of medical marijuana states in 2008 when 63% of voters approved the Michigan Medical Marihuana Act. The act allows patients with a doctor’s recommendation or their caregivers to register with the state and legally possess up to 2.5 ounces of usable cannabis. How does this effect Michigan's industrial building sector?

Read More
June 9, 2017
Negotiations
Negotiations

Running a business means you need to prepare for the unexpected. Each industry undergoes changes and real estate is no different. If your business needs less people to become more efficient, you may no longer need the space to accommodate them. Conversely, if a lack of space is holding your business back, you need to expand to meet demand from your customers.

Read More
July 14, 2017
Purpose Before Profit
Purpose Before Profit

When any business focuses on purpose first and profit second, there is a significant chance that the business will thrive tomorrow. But how does a company thrive long term?

Read More
May 12, 2017
REO
REO

INTERESTED IN BUYING AN REO? The acronym REO stands for “Real Estate Owned” property.  REOs describes a class of property owned by a lender—typically bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. 

Read More
January 20, 2017
Transportation, Distribution & Logistics
Transportation, Distribution & Logistics

January 20, 2017: The Transportation, Distribution and Logistics (TDL) market sector and Manufacturing market sector in NW Indiana area has seen a significant growth in real estate inquiries.

Read More