Commercial Investment Real Estate

MAY-JUN 2013

Commercial Investment Real Estate is the magazine of the CCIM Institute, the leading provider of commercial real estate education. CIRE covers market trends, current developments, and business strategies within the commercial real estate field.

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COMMERCIAL INVESTMENT IN THIS ISSUE While Americans still love to shop, where they choose to shop is altering the retail landscape before our very eyes. Changes in consumer behavior are pushing changes in the standard shopping center tenant mix, as Associate Editor Rich Rosfelder discovered while writing this issue's cover story, on "Shopping center p.26. CCIMs learning to fy solo have embraced a whole new set owners can now of tech tools, reports CCIM's provide double the Interactive Marketing Manager amount of retailers in Dennis LaMantia on p.31. ¬ the same space." p.26 Commercial Investment Real Estate, the member publication of the CCIM Institute, reports on market trends and analysis, current developments in the field, and successful business strategies. CIRE Staff Executive Vice President/CEO Henry F. White Jr. Executive Editor Sara Drummond sdrummond@ccim.com Senior Editor Jennifer Norbut jnorbut@ccim.com Associate Editor FEATURED WRITERS Stephen H. Mauldin, president and CEO of CNL Healthcare Properties, and Kevin Maddron, senior managing director of fund management for CNL Financial Group, recap new opportunities in medical properties on p.22. Rod Santomassimo, CCIM, president and Mauldin founder of the Massimo Group, a commercial real estate brokerage coaching and consulting frm, outlines the basics for new client Santomassimo prospecting on p.34. Norman G. Miller, professor, and Roger J. Maddron Brown, CCIM, executive scholar, at the Burnham-Moores Center for Real Estate at the University of San Diego examine the efects downsizing ofce space will have on the ofce Miller market recovery on p.38. podcast Only @ www.ccim.com/podcasts Michael V. Pappagallo, chief operating officer of Kimco Realty, discusses today's retail trends and the future of shopping centers. 4 May | June | 2013 The CCIM Institute, an affi liate of the National Association of Realtors, confers the Certified Commercial Investment Member designation to commercial real estate professionals who have extensive training and industry experience and complete a rigorous study program. Rich Rosfelder rrosfelder@ccim.com Contributing Editors William F. Becker Jr., CPA, J. Bradley Campbell, CPA, Jeffrey M. Goodman, Dennis LaMantia, Steven R. Meier, and Stephen Rangel Design Consultant McMurry/TMG, LLC Commercial Investment Real Estate (ISSN 1524-3249) is published bimonthly by the CCIM Institute of the National Association of Realtors, 430 N. Michigan Avenue, Chicago, IL 60611-4092. Periodicals postage paid at Chicago, Ill., and additional mailing offices. Postmaster: Send address changes to Commercial Investment Real Estate, 430 N. Michigan Avenue, Chicago, IL 60611-4092. Subscriptions: $45 for nonmembers in U.S.; $55 for nonmembers in Canada and Mexico. Call (800) 532-8633. For reprints, call (312) 321-4460. The opinions expressed in signed articles and materials appearing in Commercial Investment Real Estate, including specific references to products and services, are those of the authors and not necessarily those of Commercial Investment Real Estate, the CCIM Institute, or the National Association of Realtors. © 2013 by the CCIM Institute. All rights reserved. Editorial address: 430 N. Michigan Avenue, Chicago, IL 60611-4092; (312) 321-4460; magazine@ccim. com; www.ccim.com/cire. Executive Officers President Wayne D'Amico, CCIM Essex, Connecticut President-Elect Karl Landreneau, CCIM Baton Rouge, Louisiana First Vice President Mark Macek, CCIM Great Falls, Montana Treasurer Charles C. Connely IV, CCIM Kansas City, Missouri Editorial Review Board Adrian A. Arriaga, CCIM Roger B. Broderick, CCIM Todd D. Clarke, CCIM David B. Eaton, CCIM Jeff Engelstad, CCIM Eric B. Garfield, CCIM Tony M. Guglielmo, CCIM Thomas E. Hankins, CCIM James L. Helsel, CCIM Soozi Jones-Walker, CCIM J. Howard King, CCIM Robert Knight, CCIM George C. Larsen, CCIM Kevin G. Lenze, CCIM Mark L. Levine, CCIM Albert S. Livingston, CCIM Charlie Mack, CCIM Michael T. McLean, CCIM James J. Piro, CCIM David L. Schank, CCIM Robert M. Stone, CCIM Reader Services: All dues-paying members of the CCIM Institute receive Commercial Investment Real Estate magazine six times a year as a member benefit. Subscribe, purchase back issues, or order customized article reprints: www.ccim.com/cire or (800) 532-8633 x4507. Make address changes: magazine@ccim.com or (800) 532-8633 x4507. Request reprint permissions: rrosfelder@ccim. com. Submit articles and editorial ideas: sdrummond@ccim.com. For advertising information, contact: Rich Rosfelder at (312) 321-4507 or rrosfelder@ccim.com Commercial Investment Real Estate

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