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.
Issue link: http://cire.epubxp.com/i/504576
13 May | June | 2015 CCIM.com information system tools to analyze demand within a def ned trade area allows for target- ing retailers and other users that would be the most productive at a specif c location. T e feasibility analysis model is important in consideration of both acquisitions and development. CIRE: How does the trend toward smaller, more productive retail space play out during the next round of new retail development? Ralston: Several impacts are apparent. For example, retailers expanding their num- ber of stores will likely reduce the footprint (square footage) of their prototype store. Also, there will be more redevelopment and reconf guring space to meet the needs of retailers who are seeking smaller foot- prints. T is is particularly true when retail- ers merge or downsize, and landlords are lef with boxes, which require subdivision into smaller units. Another key trend will be providing space for nonretail tenants, especially health care. CIRE: How has the designation and your affi liation with CCIM improved your ability to analyze the market dynamics of the retail industry? Ralston: My CCIM training and my com- mitment to continuous learning have CCIM INSTRUCTOR IN MOTION As part of the 2015 ICSC RECon, Gary M. Ralston, CCIM, CRE, SIOR, a manag- ing partner of Coldwell Banker Commercial Saunders Ralston Dantzler Realty LLC in Lakeland, Fla., will present "Retail Real Estate Market and Feasibility Analysis" on May 17. The course will demonstrate the most up-to-date CCIM feasibility study methods to investigate possible negative and positive outcomes. Ralston will discuss how an analysis of forecasted demand and measured supply fi rst needs to evaluate legal, economic, technology, and other factors before a commercial real estate broker or investor decides to undertake an investment opportunity. Otherwise, its successful completion may be in jeopardy. For more details, go to www.icsc.org/2015RECON. allowed me to f nd more investment oppor- tunities. For example, the misinformation in retail real estate sector creates opportuni- ties for well-informed, astute investors and operators to outperform the overall com- mercial real estate market. Sara S. Patterson is senior editor at Commer- cial Investment Real Estate. The CCIM Institute's 2014 President's Cup winners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st Place – Alabama CCIM Chapter 2nd Place – Southern Nevada CCIM Chapter 3rd Place – North Carolina CCIM Chapter TIER 2 1st Place – Central Arizona CCIM Chapter 2nd Place – Northern California CCIM Chapter 3rd Place – Iowa CCIM Chapter TIER 3 1st Place – Memphis Metro CCIM Chapter 2nd Place – Kansas CCIM Chapter 3rd Place – Middle Tennessee CCIM Chapter