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Home Depot Inc., alone increased its distribution presence to 1.5 million square feet at Windham Lakes Business Park in Romeoville after signing a lease for all of Windham Lakes VII, a 720,000 square foot spec building at 1070 Windham Parkway. (Dubriwny, 2004)
This renewed investor interest in Chicago is also due to the fact that such commercial, industrial real estate in the area are becoming perceived as foreign investor friendly, and relatively stable in comparison to other locations -- an excellent combination and a prescription for long-term expansion. (Dubriwny, 2004) Furthermore, although companies such as Home Depo, Inc. may have been much maligned in recent years, they are critical in drawing so-called anchor stores to large, enclosed malls and shopping districts. (Smith, 2005) Shoppers will go out of their way to go to such commercial locations, and the Chicago commercial market is becoming more open and attractive...
(Smith, 2005)
Renewed commercial interest has also translated into renewed expansion in these areas in the commercial housing market, and had a ripple effect for investment in commercial real estate in outer lying Chicago locations overall. Knowing how to take advantages of such real estate opportunities, to spot trends in the market before they happen, and to predict the future of such a complex market -- which is so dependant upon tastes, human demographics, as well as the state of the American economy -- is key to succeeding in the market. I hope to better ground my business acumen and skills by obtaining an MBA.
Works Cited
Dubriwny, Dana. (11 Mar 2005) "On the Road Again."
REJournals.com. Retrieved 11 Mar 2005 at http://www.chicagoindustrialproperties.com/story.cfm?Market=CIP&StoryID=13301
Smith, Ray. (2005) "Retail REITs Must Broaden Their Focus." The Wall Street Journal. Retrieved 11 Mar 2005 at http://homes.wsj.com/columnists_com/buildingvalue/20050308-buildingvalue.html
Soto, Virginia. (2004) "Bill Rancic, you're hired." About.com. Retrieved 11 Mar 2005 at http://chicago.about.com/cs/event1/a/041504_app.htm
Works Cited
Dubriwny, Dana. (11 Mar 2005) "On the Road Again."
REJournals.com. Retrieved 11 Mar 2005 at http://www.chicagoindustrialproperties.com/story.cfm?Market=CIP&StoryID=13301
Smith, Ray. (2005) "Retail REITs Must Broaden Their Focus." The Wall Street Journal. Retrieved 11 Mar 2005 at http://homes.wsj.com/columnists_com/buildingvalue/20050308-buildingvalue.html
Soto, Virginia. (2004) "Bill Rancic, you're hired." About.com. Retrieved 11 Mar 2005 at http://chicago.about.com/cs/event1/a/041504_app.htm
1998). In 1999, Shenzhen was only one of six cities in the whole of China that saw a profit within the real estate sector (Zhang 2001). 2.2 Knowledge Gap Yet, even with so much information, there are gaps within the research. There a very few studies conducted within the past few years. Most around the beginning of the new millennium; "However, the literature on contemporary Chinese housing focuses on the process
Real Estate According to New York Times reporter Leslie Eaton, the Sept. 11 terrorist attacks "inflicted deep and lasting wounds on New York City's already-teetering economy; devastated both big companies and small businesses in and around twin towers; brought business across city to halt for days, weeks and in some cases months, slashing workers' earnings and tax revenues alike; made many employers determined to spread their workers over wider swath
Moreover, to make certain that occupants on one of the level are being conscious of a fire on the other side the smoke alarms shall be linked so as to make the activation of one smoke alarm to echo a similar signal in the other smoke alarm; perceptible through the entire level they are situated on; and enlisted for application in an interlinked institution. Moreover, emergency lighting which have
(Economou and Trichias, 2009) Remuneration is stated to be as follows for each of these actors: (1) real estate brokers -- Commission based on percentage of the transaction value; (2) lawyers -- Commission based on percentage of the transaction value; (3) Notaries -- Commission base don percentage of the transaction value; (4) Civil Engineers -- According to specific regulations, taking into account elements of the property in question; and (5) Constructors -- percentage of
Based on past cycles of real estate market fluctuations, many analysts expect the real estate market to decline further before it rebounds again. In all likelihood, the misfortune of some will provide investment opportunities for others within the next year. The buyer's market that is expected to follow will inevitably result in property sales at far below their prior value. Qualified investors who can wait for the eventual market to
A secondary mortgage market permits mortgage originators to be more responsive to dynamic mortgage demand and to lower mortgage rates for some homeowners when mortgage demand is higher. According to Koppell (2001): Government-sponsored enterprises (GSEs) are hybrids -- part public, part private -- that affect the lives of most Americans. Anyone who has borrowed money to purchase a home, farm, or pay for college, or invested in a mutual fund