Commercial Investment Real Estate

MAY-JUN 2014

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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4 May | June | 2014 Commercial Investment Real Estate C O M M E RCI A L I N V E S T M E N T Commercial Investment Real Estate, the magazine 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 B.K. Allen, CCIM Executive Editor Sara Drummond sdrummond@ccim.com Senior Editor Jennifer Norbut jnorbut@ccim.com Communications Coordinator Stephen Rangel srangel@ccim.com Contributing Editors Amish Gupta, Richard Hunt, Chase V. Magnuson, CCIM 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 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, the CCIM Institute, or the National Association of Realtors. © 2014 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. 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 Karl Landreneau, CCIM Baton Rouge, Louisiana President-Elect Mark Macek, CCIM Great Falls, Montana First Vice President Steven Moreira, CCIM Longwood, Florida 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 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 mem- ber benefi t. Subscribe, purchase back issues, or order customized article reprints: www.ccim.com/cire or (800) 532-8633 x4482. Make address changes: magazine@ccim.com or (800) 532-8633 x4482. Request reprint permissions: srangel@ccim. com. Submit articles and editorial ideas: sdrummond@ccim.com. For advertising information, contact: Scott Rickles at (770) 664-4567 or srickles@aol.com Commercial Investment Real Estate, the magazine of the CCIM Institute, is published six times a year and printed copies are mailed to members of the CCIM Institute. CIRE is also available online at www.ccim.com/cire-magazine. MEMBER E-PUBLICATIONS CCIM Quarterly Market Trends is published four times a year and features timely insight into major real estate indicators for core income-producing properties, including a survey of CCIM members' transaction data and trends. The report is emailed to members and available online at www.ccim. com/resources/qmt CCIM Insider covers CCIM Institute events and activities. It is emailed to members twice a month and issues are archived at newsletters.ccim.com/ newsletter/index_CCIM2.cfm?user_id=CCIM CCIM Legislative Affairs Update highlights policy and legislative issues that affect commercial real estate. It is emailed to members every quarter and issues are archived at www.ccim.com/newscenter/public-policy/legislative- bulletins OTHER E-P UBLICATIONS CCIM Education Connection is a monthly e-newsletter covering CCIM Institute's world-class commercial real estate education programs. CCIM Partner Connection is a quarterly e-newsletter for CCIM Institute's industry partners and organizations involved in commercial real estate. OTHER RESOURCES CCIM.com Newscenter: CCIM Institute press releases and current commercial real estate news. www.ccim.com/newscenter CCIM Foundation: Advancing and fostering commercial real estate education through scholarships, programs, and initiatives. www.ccimef.org CCIM Tech: STDB, the Site to Do Business for commercial real estate. www. stdbinc.com Click on "manage your preferences" at the bottom of CCIM emails to subscribe or unsubscribe to any of the publications listed above. Join us on CCIM.com and CCIM NEWS RESOURCES CCIM RECOGNIZED CCIM Institute recognizes Robert W. Merrick, CCIM, chairman and CEO of Latter & Blum Co. in New Orleans, for his philanthropic donation to the United Way of Southeast Louisiana. His $1 million donation is the largest-ever single gift from an individual in the organization's history. 0 2 - 0 5 I s s u e - P r e s . i n d d 4 02-05 Issue-Pres.indd 4 4 / 2 9 / 1 4 2 : 3 4 P M 4/29/14 2:34 PM

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