Commercial Investment Real Estate

SEP-OCT 2012

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 ¬ "Investors are increasingly seek- ing high-quality industrial assets in second-tier cities." p.29 CCIMs are well regarded as the experts in their local markets, and this issue takes full advantage of that insight by presenting their views on industrial and hotel properties in secondary and smaller markets. T e outlook for the industrial sector is the brighter of the two, so turn to p.26 for the good news fi rst and then to p.22 for a lodging update. Finally, no matter what your specialty, knowing how to present prop- erties can make all the diff erence in a deal. CCIMs provided Associate Editor Rich Rosfelder with their "trade secrets" for presentations, starting on p.32. FEATURED WRITERS Matt Hudgins writes about the industrial market in this issue's cover story on p.26. A business writer from Austin, Texas, Hudgins' most recent New York Times article was on Austin's development boom. Eric A. Altoon, JD, LEED- AP, who discusses the chal- lenges of green leasing on p.36, is a partner at the law fi rm of Gordon Kemper LLP. He specializes in offi ce, retail, industrial, and residential leasing, along with sustainable design. Duncan Patterson, CCIM, explores the opportunities for CCIMs in real estate donations on p.39. He is president of Patterson-Woods & Associates LLC in Green- ville, Del., and a past president of the CCIM Institute and of the Education Foundation of the CCIM Institute. He currently serves as a member of the foundation's Real Estate Giſt ing Realized program. Hudgins Altoon Patterson Commercial Investment Real Estate, the member publication of the CCIM Institute, reports on market trends and analysis, current developments in the fi eld, 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 Rich Rosfelder rrosfelder@ccim.com Contributing Editors Stephen J. Donell, CCIM, CPM, ARM, Kevin Kerridge, Dennis LaMantia, Anna Nellis, and Gary M. Tenzer Design Consultant 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 offi ces. 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 specifi c references to products and services, are those of the authors and not necessarily those of Commercial Investment Real Estate, podcast 4 September | October | 2012 the CCIM Institute, or the National Association of Realtors. © 2012 by the CCIM Institute. All rights reserved. Only @ www.ccim.com/podcasts Jim Tucker, CCIM, principal broker with NetWorks Commercial Real Estate in Richmond, Va., shares more property presentation tips. Editorial address: 430 N. Michigan Avenue, Chicago, IL 60611-4092; (312) 321-4460; magazine@ccim. com; www.ccim.com/cire. The CCIM Institute, an affi liate of the National Association of Realtors, confers the Certifi ed Commercial Investment Member designation to commercial real estate professionals who have extensive training and industry experience and complete a rigorous study program. Executive Offi cers President Leil Koch, CCIM Lahaina, Hawaii President-Elect Wayne D'Amico, CCIM Essex, Connecticut First Vice President Karl Landreneau, CCIM Baton Rouge, Louisiana Treasurer Craig Blorstad, CCIM Bloomington, Indiana Editorial Review Board Adrian A. Arriaga, CCIM Roger B. Broderick, CCIM Todd D. Clarke, CCIM David B. Eaton, CCIM Jeff Engelstad, CCIM Eric B. Garfi eld, 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 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 mem- ber benefi t. 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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