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Emily Line Explaines RPR Commercial to the Commercial Round Table
RPR, Realtors Property Resource, has been in formation for a few years and is ready for Prime Time! Emily Line, the Director for Commercial Services visited from Laguna Beach, California to give the Commercial Round Table group a tutorial of this web resource. RPR is a website based aggregation of real estate data with ports for both Residential and Commercial brokers that combines listing …
Ryan Heair Addresses the Commercial Round Table
Ryan Heair, the North Liberty City Administrator addressed the Iowa City Area Association of Realtors Commercial Round Table on June 11th at the Association offices at 847 Quarry Road in Coralville, Iowa. Ryan’s presentation was very thorough and highlighted many new development projects and infrastructure growth in the North Liberty, Iowa Area. The North Liberty population has grown from a very modest 4,000 people …
Nancy Bird Addresses Commercial Round Table
Nancy Bird, Executive Director of the Iowa City Downtown District, rocked the house with a presentation at the Iowa City Association of Realtors Commercial Round Table meeting. The presentation was on January 8th at the Iowa City Area Association of Realtors office where Nancy gave a point by point presentation for the future success of the downtown Iowa City area, its culture and its …
Jeff Joins Lepic-Kroeger, Realtors as partner
I have re-joined Lepic-Kroeger, Realtors, the largest and one of the oldest Iowa City real estate companies as a broker and partner! Lepic-Kroeger is the home to many of the areas top real estate agents, and also houses top real estate developers as well. Now, Lepic-Keorger will have the top commercial real estate team to lead sales and leasing in the area. Rachel Barnes is …
Iowa City Area – 2012, Commercial Real Estate Status and Confidence
Iowa City Area – 2012 Commercial Real Estate Status and Confidence Jeff Edberg, CCIM, SIOR In 2007 the real estate housing bubble burst followed by the collapse of the financial markets supporting unsustainably high market real estate prices. The Iowa City area is a unique metropolitan area largely due to the strong and stable influence of the University of Iowa and the University of …
2011 Real Estate Statistics Recap
Total Office/Retail/Commercial Inventory8,165,000 square feetVacant Office/Retail/Commercial7.3% vacantTotal Industrial Inventory8,500,000 square feetVacant Industrial Inventory9.2% vacantAverage Office Lease Rate: $12.57 NNNAverage Retail Lease Rate: $12.64 NNNAverage Commercial Lease Rate: $10.52 NNNAverage Industrial Lease Rate: $5.72 NNNActive O / R / C feet for lease635,579Active Industrial feet for lease127,3412011 Space Leased: 216,166 square feet – $6,827,9862011 Buildings Sold:List value $13,106,524Sold value $11,483,511 Commercial sales up 12% over …
2011 Iowa City Real Estate Recap
The leasing demand in the Iowa City Area has remained modest, yet active since the flood and financial meltdown in 2008 with some qualifications. Larger corporate expansions or relocations have often been put on hold pending perceived stability in the market. Smaller startup, expansion and relocations have been moving ahead albeit at a somewhat tepid pace.Downtown Iowa City This sector is the strongest market …
Case-Shiller Housing Value Index Blues
Case-Shiller Housing Value Index Blues The national news looks bleak with regard to home sales prices across the nation. A recent report citing the Case-Shiller Index report shows that national homes prices found a peak value in July 2006 and then fell off the cliff through the recession we were all hoping we were emerging from. Values plummeted until 2009 and started …
Iowa City Southeast Distrrict Plan
The Iowa City Southeast District Plan The new, hot topic in Iowa City planning is the Southeast Area Plan. City planners drafted a proposed plan based on public input provided through a series of community workshops and discussion forums with residents, business owners, and other interested members of the community. Areas discussed in the plan are Housing and Neighborhood Quality; Eastside Growth Area; …