Commercial Investment Real Estate

JUL-AUG 2016

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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July | August | 2016 Commercial Investment Real Estate COM MERCIA 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 field, and successful business strategies. CIRE Staff Executive Vice President/CEO Walter S. Clements, CCIM Executive Editor Sara S. Patterson spatterson@ccim.com Media Relations Manager Samuel S. Moon smoon@ccim.com Digital Marketing Manager Stephen Rangel srangel@ccim.com Contributing Editors Gregg Gerkin, Jerome Grossman, Tom Mounteer, and Mary Stark-Hood, JD, CFP Design Consultant Manifest, 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, CCIM Institute, or the National Association of Realtors. © 2016 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. CCIM Institute, an affiliate 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. Executive Officers President Steven Moreira, CCIM Longwood, Florida President-Elect Robin L. Webb, CCIM Orlando, Florida First Vice President David Wilson, CCIM Cedar Falls, Iowa Treasurer Louis H. Nimkoff, CCIM Winter Park, Florida 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 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 benefit. 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: spatterson@ccim.com. For advertising information, contact: magazine @CCIM.com Partner with the Best. CCIM Institute's Industry Partner Program connects you with the industry's top commercial real estate professionals for • face-to-face networking • print and web media exposure • customized commercial real estate education based on CCIM Institute's respected designation program To learn more about CCIM Industry Partner opportunities, contact CCIM Institute's Director of Business Development Jason Kleiman at (312) 321-8568 or jkleiman@ccim.com . Current Industry Partners Chairman Sponsors Apto Catylist Century 21 Commercial Compstak CORFAC International ESmith Capital Partners Esri GE Capital Grandbridge Granite Inland IREM KW Commercial Lockard MasterCard Matterport Mohr Capital NAI Global National Association of Realtors Commercial Prospect Now RealNex Realty Mogul RE/MAX Commercial RICS Sperry Van Ness Trowbridge Taylor Sidoti President and Director Sponsors Ten-X Southwest Florida Economic Development Alliance

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