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.

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.

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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.

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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.

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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?

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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.

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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?

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February 10, 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. 

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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.

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