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Mid-America Blog

Jun 06 2017
The New Guy on the Block
It has been an exciting journey finding my place at Mid-America Asset Management. My first week began on December 21, 2016. I was overwhelmed with names and faces of new colleagues. I quickly realized it was just the tip of the ice berg since most of the company was on holiday vacation. In the first week of January, a helping hand was offered by everyone that passed by my door as they welcomed me to Mid-America. It feels like home when you are surrounded by people that want to see you succeed.

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May 08 2017
The Importance of Networking
Whether you’ve been in our industry for three months or thirty years - there is one simple thread that binds our network: building relationships. If you're a “people person” like me, you’re deemed the “outgoing friend” and truly want to help others succeed. I've always had a passion for commercial real estate and the tight knit community it produces. From day one I treated networking as an essential way of gaining and maintaining my success.

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May 01 2017
My Time at Mid-America
It’s hard to imagine that almost three years ago I started my career at Mid-America. This time, three years ago, I was a typical college senior enjoying my last few months of “freedom.” I still had not found a job, and to be honest, was not set on what I wanted to do. Real Estate had been in my family for a few generations and while I knew I always had an interest in it, I also knew I wanted to stray away from the residential real estate industry that my family was involved in.

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Apr 03 2017
Healthcare in a Shopping Center
Healthcare providers throughout the country continue to put emphasis on keeping their patients well rather than caring for the ill. Hospitals want to maximize doctor visits while making it a part of our daily need to travel and coordinate with our busy schedules. Therefore, we continue to see medical related retailers in shopping center and neighborhood environments to make the process more convenient for patients. The typical doctor office is in a tucked away medical office building or in Chicago’s case, on a major medical campus such as: Northwestern, Loyola, and Rush. All of which aren’t always the most convenient for patients.

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Mar 21 2017
Will Amazon Go Change The Way We Shop?
For those of us in the retail real estate world, we’ve spent years watching retailers grow their online presence and shrink their brick and mortar footprints. While internet sales equate to only 8% of total retail sales, we’re continuing to hear about retailers scaling back their traditional retail presence in favor of growing their e-commerce business. Internet sales continue to grow and we won’t be seeing the end of this trend any time soon. However, there are a few e-commerce retailers that are heading in the opposite direction by dabbling in a more traditional retail platform, proving e-commerce nor traditional brick and mortar can stand alone. Amazon, the e-commerce giant, is beginning to substantially grow their traditional brick and mortar presence.

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Mar 09 2017
Communication is Key Between Property Managers and Owners
Property management of a shopping center is critical in the overall success of the property, therefore Property Managers should always be looking for opportunities to improve the shopping center’s tenant mix and to increase NOI.

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Feb 14 2017
Sierra Trading Post Expands into Minnesota
Sierra Trading Post (STP), a TJX brand located in eight other states, made their very first appearance into the Minnesota retail marketplace in October 2016. Located in Eagan, Minn. at the Central Park Commons shopping center, Sierra Trading Post participates in the same concept in which all of the other TJX Companies follow; “offering discount prices on name brand products and apparel.”

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Feb 06 2017
Emergence of the Urban/Suburban Hybrid Market
There’s no question that the top location choice for a new restaurant concept entering a suburban market is predominantly in the super-regional trade areas. Super-regional trade areas are considered first tier priority because they are brand builders, and possess an expansive geographical draw with mature residential populations, dense office populations and strong retail and hotel density.

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Jan 03 2017
There is no denying that technology has a large influence on communication. It pervades every aspect of our relationships with family, friends and clients. We should embrace the efficiency of technology and all the benefits it affords us, yet we should never fall victim to negotiating important decisions solely via writing.

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Dec 12 2016
Minnesota Shopping Center Association (MSCA) - It’s the Real Deal
Most of us are active members of ICSC as well as numerous other national, regional and local organizations designed to inform, update, network, guide and strengthen the shopping center real estate industry. In Minnesota we’ve taken it a step further in order to keep real time information and networking as up to date and vibrant as possible.

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Dec 05 2016
What I Gained from Giving Back
Tis the Season for giving. It’s also a great time to reflect and to determine if you have done enough for yourself to feel fulfilled in life. There comes a point in time when we all realize how well we live and how truly fortunate we all are. At this point you start asking yourself, what next?

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Nov 10 2016
A Day in the Life of a Commercial Real Estate Broker
Adam approaches the vacant space. He’s carrying his 10 year old pleather portfolio, a roll of window signs and a tape dispenser. He scrolls through the emails on his iPhone, looking for the message from the property manager with the new lockbox code.

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Nov 02 2016
Chicago Metro Market Box Activity
Despite the fact that there have been a number of recent retail store closures, and announced closures, there continues to be box activity in the Chicago Metro Market in both tenant expansions and closures.

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Oct 27 2016
A Cold Call and the Power of Persistence
As brokers we often think of cold calling as a tedious but necessary activity. You’ve run the gamut of obvious national tenants, none of which were interested in your last 2,000 SF space; your monthly leasing report is almost due and you dust off your excel spreadsheet and start dialing for dollars.

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Oct 20 2016
Post Season in Chicago
These are certainly exciting times for sports fans in the City of Chicago, baseball-inclined ones in particular. The Cubs have just tied their National League Championship Series with the LA Dodgers 2-2, at the time of writing, and have regained home-field advantage. Just two more wins and they’ll be in their first World Series since 1945.

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Oct 18 2016
The Duomo, Florence Italy
I recently returned from a two week vacation in Italy, accompanied by two of my sisters, three sister-in-law’s, three nieces and a close family friend. Ten women whose plans included relaxing, shopping and drinking a lot of wine. Visiting famous ruins and churches were slightly lower on our priority list. It goes without saying that we more than accomplished our main objectives in the first three days, and we moved on to being tourists and enjoying the beauty of Florence.

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Oct 06 2016
Pop Up in a Pop Up
Detroit the city that once was but will be again! Vacant restaurant spaces are shining bright again as new creative chefs are taking over and turning their dreams into realities. On any given night, you will almost always be able to find a pop-up event. Granted it may take some work to be in on the din of what is going on that night.

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Sep 27 2016
Coffee Competition in Minnesota
There's no doubt that Minnesotans love their coffee. They need something to keep them awake and warm for 6 months out of the year. Minnesota has plenty of options when it comes to satisfying your caffeine addiction. As a non-coffee drinker myself, I know these coffee businesses are important to new developments and the individual communities.

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Sep 22 2016
Detroit the Beautiful
Whether its cathedral ceilings or exposed brick walls, the beauty of buildings and architectural design always amaze me. Being from Detroit, there is no greater place to watch the ruins of a city begin turning into something beautiful. It’s hard to explain the energy and vibes that are flowing though this city but one thing I will say is it’s intoxicating and contagious.

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Sep 14 2016
Home Renovations on the Rise
Three weeks ago, my husband and I bought our first home. After 10 months of searching and seeing roughly 60 homes, we finally found ‘the one’. The house we purchased has good bones but needs some cosmetic updates, and it seems we aren’t the only ones completing home renovations.

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