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Mid-America Blog

May 21 2015
All in a Day's Work
So what does a property manager do? Well let’s start with what we don’t do… sit still for very long.

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May 05 2015
Effective Customer Communication
In a recent internal Mid-America sales meeting, we all traded ideas on effective customer communication, marketing and messaging in a world where everyone expects increasingly quicker response time and engagement. I've included an excerpt we discussed from HOW GOOGLE WORKS by Google executive chairman and former CEO Eric Schmidt and former Senior VP of Products Jonathan Rosenberg.

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Apr 28 2015
What’s in a Downtown Sports Arena?
The obvious answer is easy: sporting events, professional basketball, college basketball, hockey, concerts, high school athletic events, the circus, WWF wrestling, conventions and many other events where a large venue is required. The not-so-obvious answer is what a downtown sports venue does for a city.

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Apr 21 2015
Proven Methods for Maximizing Productivity
We are all busier than ever, but staying organized will help keep you productive and keep tasks moving forward. Here are a few proven methods for maximizing productivity:

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Apr 13 2015
Growing Trend: Specialty Fitness Clubs
Specialty health clubs are a growing trend in Chicago. They range from cycling at Flywheel and SoulCycle to high impact cardio/weights at Shred415 and Orange Theory, ballet inspired classes at Pure Barre, The Bar Method, Daily Method and The Barre Code to yoga at Core Power Yoga, Yoga Six and Yoga By Degrees.

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Apr 01 2015
Restaurant Row
Restaurant expansion continues to be one of the strongest categories in the Minnesota metro. From QSR to full-service, there is still a plethora of restaurants popping up everywhere.

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Mar 16 2015
March Madness
With the turning of the calendar to March, us Midwesterners automatically feel a sense of optimism regarding the coming months. Pitchers and catchers have reported to spring training, advertisements of the azaleas at Augusta National have commenced, clocks spring forward and we believe, although more often than not we're wrong, that we have made it through Mother Nature's harsh winter. However, there is one event that defines the month more than any other, the NCAA Tournament known to us all as March Madness.

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Mar 04 2015
No Wrong Answer
I’ll preface my question by giving the answer first. A: There is no wrong answer. Q: If you had to pick one of the following broker types that best describes your values as it relates to retail brokerage what would it be: the relationship, the deal or the fee (commission)? Or put more succinctly, what do you put most importance on in your real estate dealings? Are you a deal junkie, a relationship guru or a fee chaser?

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Feb 26 2015
Pizza is hot. Yogurt is cold.
In the world of small shop suburban retail, it seems that some concepts have stayed the test of time. However, others come and go as reliably as changes in the weather. Such is the nature of heightened levels of consumer choice and consumer trends.

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Feb 17 2015
The InterNET LEASED World We Live In
As 2015 seems to have found its stride with everyone into full deal-making mode, one thing has become very clear in the net lease marketplace. What was not long ago considered a “niche” in the commercial real estate arena, net leases have transformed into a full investment sector.

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Jan 29 2015
Grocery Wars in Minneapolis/St. Paul Metro Market
2014 was a tumultuous year for Twin Cities grocers. A longtime player Milwaukee-based Roundy’s, owner/operator of Rainbow Foods, completely pulled out of the market. Local competitors quickly snapped up the Rainbow stores in prime locations.

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Jan 21 2015
2015 Trends to Track: Healthier employment and consumer spending ahead
In response to the 6th Installment of Shopping Center Today’s series of 2015 Trends to Track.

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Jan 14 2015
“Shopping Mall Crisis” = Opportunity??
Earlier last week I came across yet another article referring to the “shopping mall crisis.” We’ve all seen them periodically over the past 10 years, and it certainly will not be the last of them.

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Jan 06 2015
Best Practices: Detroit?
Who hasn’t heard of Detroit? Once considered a public relations nightmare, Detroit has been transformed into a place brimming with hope, business people, non-profits, creative professionals, and city officials working hard to implement drastic changes and produce a higher quality of life for it’s residents.

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Dec 22 2014
There's a Tenant for Every Space
Ask anyone on our project leasing team in Minnesota what my favorite and most passionate phrase is and they’ll quote you the headline of this blog: There’s A Tenant for Every Space. For 30 years I’ve been focused on the landlord side of all transactions and our project leasing team operates under the same philosophy.

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Dec 17 2014
Seeing Stars
Have you ever been punched in the face, kicked in the head, pushed down a flight of stairs, in a car accident or hit by a bus? Then you know that feeling; your head spins, your world goes dark and blurry, and you see stars. But slowly you get used to the feeling, everything becomes clear again and you are able to start functioning normally. In other words, it's a lot like a normal day at work.

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Dec 11 2014
Main Street
Almost every city in America has a “Main Street.” Some are three blocks long with a single stop light and some are considerably more substantial. Woodward Avenue is the latter. It’s a 27 mile road stretching from the Detroit River in Downtown Detroit through the northern suburbs.

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Dec 08 2014
Current Retail Investment Market Outlook
A current retail investment market outlook from Senior Vice President Joe Girardi.

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Dec 02 2014
Movember Round Up
Thanksgiving has come and gone and so too has the month of Movember. It was an exciting time here at Mid-America Real Estate and I have to say I am generally proud of our boys. While some took a slightly different, yet completely acceptable approach and went with the homeless, wolverine look for a time and then to the bold yet classy goatee (DC) most of us stayed true and pure and grew some lovely staches. Others bowed out early (DR) as in like two days of commitment early (I expected better from you DC) and others were granted, sanctioned full-fledged shaves with a razor (JK) for special occasions.

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Nov 25 2014
Class “B” Centers Rise Again
We’ve likely all read articles in recent years since the retail real estate industry has turned around about the bifurcation of the market between Class “A” centers and Class “B” and “C” centers. Most state that while the economy has improved, national retailers are still choosing to either pay the freight for Class “A” properties or wait until they get the opportunity for one. They go on about how many Class “C” centers are now functionally obsolescent and will continue to stagnate until they are either re-tenanted with uncommon tenants or redeveloped completely, likely to uses other than retail. What many don’t discuss is the resurgence of the Class “B” center in today’s new economy.

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