SIOR Weekly
CRE News
Forbes "New inflation" seems fragmented thus far. Inflation protection will depend on individual property and market specifics.
Bloomberg Wells Fargo & Co. CEO Tim Sloan said the firm is ready to increase lending for car sales after pulling back last year, and it’s now looking with consternation at the commercial real estate market.
GlobeSt. Ten-X, an online real estate marketplace, is making new strides toward more transparency in its investment platform.
The Real Deal The failure of the largest U.S. toy chain puts 800 locations up for grabs and presents the retailer, as well as brokers, landlords and lenders, with a plethora of options, though not all of them are attractive.
Ductilcrete Technoligies, LLC
SIOR Happenings

Fischer Commercial Real Estate brokers five-year land lease
New England Real Estate Journal – May 18, 2018
Alliance Energy LLC in Monroe, Connecticut, has entered into a five-year land lease with multiple extension options with the Florence G. Knees Revocable Trust for the Buck Stop gas station/convenience store on a portion of the property at 456 Main St. The off-market transaction, including the option periods, is valued at $2.564 million.

Alta Mesa Resources expands Energy Corridor HQ
Houston Chronicle – May 17, 2018
Alta Mesa Resources has expanded its headquarters lease by 38,917 square feet and extended its lease of 53,666 square feet for a total of 92,583 square feet in Energy Crossing  1, 15021 Katy Freeway. Greg Usher of Cypressbrook Co. represented the tenant.

Hanson closes 40,000 s/f laundry lease
Real Estate Weekly – May 16, 2018
NAI James E. Hanson brokered a lease for 40,000 square feet of industrial space to Handy Laundry at 50 Spring St. in Ramsey, New Jersey.

CRG Plans Industrial-Logistics Campus in Portland, Oregon
Area Development – May 17, 2018
CRG, a real estate development and investment firm, plans to build The Cubes at Troutdale, a 350,000-square-foot speculative industrial and logistics facility in the Troutdale Reynolds Industrial Park, located on the east side of Portland, Oregon.

Latest deals from Colliers, NAI Horizon, C&W | PICOR
AZ Big Media – May 17, 2018
The Staybridge Suites at Tucson Airport has been sold for $8,500,000 to a local investor. The extended-stay hotel has never been sold before, and the transaction was an off-market deal.

Daily Digest
Memphis Daily News – May 19, 2018
The Memphis chapter of the Society of Industrial and Office Realtors participated in SIOR Global Service Day on May 8, helping renovate another building of the Oakhaven Boys & Girls Club.

Best Buy expands with Islandia Deal
Long Island Business News – May 16, 2018
Best Buy Co. has leased a 106,874-square-foot building in Islandia to accommodate its expanding e-commerce business.

Financial firm takes space in Homewood Plaza
Birmingham Business Journal – May 15, 2018
A financial firm has moved its Alabama office to Homewood Plaza.

Godin of Godin Property Brokers and Atherton of Northeast Investment Realty hand $4 million sale
New England Real Estate Journal – May 18, 2018
Ed Godin Jr., SIOR of Godin Property Brokers, represented the seller, and Bryan Atherton, SIOR/CCIM of Northeast Investment Realty, represented the buyer in the $4 million sale of 195 Christian St.

Celebrating Second Annual Service Day Each year on May 8, we encourage our chapters and members to volunteer their time and/or resources and give back to their communities as part of SIOR Service Day.
Upcoming Events

The SIOR European Regional Council is hosting our second SIOR International European Conference in Warsaw, Poland, June 27-29. This conference will be an excellent opportunity for SIOR members from around the globe to network, learn and do business together. Bring your family, clients or friends! Stay on and book our exclusive post trip to Krakow, Poland, and Vienna, Austria. Click here to register.

 

Planning is underway for the 2018 SIOR Fall World Conference, October 11-13, in Denver, and this is shaping up to be another not-to-be-missed networking and educational event. Register now and join us in Denver!

 

SIOR Indiana-Kentucky Chapter - Carb Day
When: May 25 from 10 a.m. to 4 p.m. (ET) 
Where: Indianapolis Motor Speedway, 4790 W 16th St., Indianapolis, IN 46222

SIOR Europe and RICS
When: May 30 from 5:30 p.m. to 7:30 p.m. (FR) 
Where: Quartus Offices, 1-5, rue Paul Cezanne, Paris, 75008, France

SIOR/CCIM Wisconsin Chapters Golf Outing
When: June 4 from noon to 5 p.m. (CT) 
Where: The Legend at Merrill Hills, W270S3425 Merrill Hills Rd., Waukesha, WI, 53189

Detroit Athletic Club
Starts: June 4, 6 p.m. (ET) 
Ends: June 5, 11 p.m. (ET)
Where: Detroit Athletic Club, 241 Madison St., Gearing Room, Detroit, MI, 48226

Fun Shoot
When: June 7 from 12:30 p.m. to 8 p.m. (ET) 
Where: Deer Creek Hunt Club, 18000 Basswood Rd., Three Oaks, MI, 49128

SCANNELL PROPERTIES: A BLUEPRINT FOR SUCCESS
Scannell Properties
As one of the country's premier build-to-suit and project developers, Scannell Properties prides itself on creating more than buildings - we build solutions that matter. A privately owned real estate development and investment company, Scannell Properties is proud to have completed development projects in 44 states and 3 Canadian provinces.
https://scannellproperties.com/
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Bright Ideas

Harvard Business Review The potential value of the large data sets being amassed by private companies raises new opportunities and challenges for managers making strategic data decisions.
Fast Company These nine proposals offer a vision of how San Francisco, Silicon Valley and the surrounding communities can rethink their landscape to prepare for rising sea levels and other dangers.
Entrepreneur The faster leaders stop managing and focus on leading, the stronger the likelihood of stellar corporate performance.