Real Estate and Construction

Saving Greenbacks with Green DCs - Spring 2008-Vol.20, No.1 - available PDF file

The Energy Independence and Security Act of 2007 sets guidelines for tiered reductions in energy consumption for commercial buildings by the year 2050. This article highlights the costs and benefits to developers, and the innovative solutions to reduce energy use in the design of distribution centers.

Good Times or Risky Times for Industrial Property Developers? - Winter 2007 Vol. 19, No. 1 - available PDF file

Estimates are in that roughly 80% of all new buildings are speculative, but is that risky for industrial developers? With higher land costs and diminishing cap rates, new projects are becoming dependent on market rent to maintain profit margins. If demand slows, owners of second generation buildings could have the competitive advantage. Developers are entering a market dynamic that hasn’t existed before and are rolling the dice on whether new construction is the healthiest option.

Investor Demand for Industrial Property Marches On! - Winter 2006 - Vol. 18, No.1 - available PDF file

This article discusses the unprecedented demand for stabilized industrial property and shows how The Walker Companies can deliver a “turn-key” leased facility to a corporate tenant at a significantly lower cost with the same or better execution capabilities as a national developer.

You CAN Have You Cake and Eat it Too: Novel Real Estate Structure Plows Profit Back to Tenant - Fall 2004 - Vol.15, No. 4 - available PDF file

The Walker Companies are pleased to announce the creation of an Equity Investment division, which will acquire or develop facilities in second and third tier cities. An innovative deal structure Walker will utilize is creation of a joint venture with the corporate client. Walker will take the primary development risk, but the client, who is the tenant, is also an owner and participates in the cash flow, equity buildup and capital appreciation.

Industrial Market Bottoming Out - Winter 2003-Vol. 13, No.1 - available PDF file

A 2002 Grubb & Ellis publication suggests that industrial vacancy rates are close to bottoming out. Large cutbacks in new space construction coupled with an upswing in the manufacturing sector suggest a market recovery is on the way.

The Southeastern Industrial Real Estate Market - Winter 2003-Vol. 13, No.1 - available PDF file

The Southeastern Industrial Real Estate Market is analyzed by building characteristics: available square footage, average building square footage, time on the market, and those with rail service or cranes.

The Southeastern Industrial Real Estate Market - Spring 2002-Vol. 12, No.2 - available PDF file

The Southeastern Industrial Real Estate Market is analyzed by building characteristics: available square footage, average building square footage, time on the market, and those with rail service or cranes.

The New Face of Industrial Building Design - Spring 2002-Vol. 12, No.2 - available PDF file

Advances in technology and transportation have been the main catalyst for industrial facility design over the last three decades. This article explores the changes in office / warehouse and bulk distribution facilities over this time-period.

A Sure Way to Building Wealth Without Paying Taxes - Fall 2001-Vol. 11, No.4 - available PDF file

Section 1031 of the Internal Revenue Code provides a way an investor can avoid paying taxes on property transactions. This article is a simple explanation of this method of increasing wealth by deferring your taxes.

Where are you in the Real Estate Cycle? - Fall 2000-Vol. 10, No.2 - available PDF file

An examination of the four distinct phases of the real estate market, and how investors act in each phase of the real estate cycle.

The Southeastern Industrial Real Estate Market - Fall 2000-Vol. 10, No.2 - available PDF file

The Southeastern Industrial Real Estate Market is analyzed by building characteristics: available square footage, average building square footage, age, and other variables.

The Southeastern Industrial Real Estate Market - Winter 1999-Vol. 9, No. 3 - available PDF file

The Southeastern Industrial Real Estate Market is profiled, with comprehensive data on available industrial buildings profiled by several different building characteristics: available square footage, average building square footage, average distance to the interstate, time on market, and those with rail service or cranes.

The Southeastern Industrial Real Estate Market - Fall 1999-Vol. 9, No. 3 - available PDF file

The Southeastern Industrial Real Estate Market is profiled, with comprehensive data on available industrial buildings profiled by several different building characteristics: available square footage, average building square footage, average distance to the interstate, time on market, and those with rail service or cranes.

The Southeastern Real Estate Market - Fall 1998-Vol. 9, No. 2 - available PDF file

The Southeastern Industrial Real Estate Market is profiled, with comprehensive data on available industrial buildings profiled by several different building characteristics: available square footage, average building square footage, average distance to the interstate, time on market, and those with rail service or cranes.

The Southeastern Industrial Real Estate Market - Spring 1998-Vol.9, No.1 - available PDF file

The Southeastern Industrial Real Estate Market is profiled, with comprehensive data on available industrial buildings profiled by several different building characteristics: available square footage, average building square footage, average distance to the interstate, time on market, and those with rail service or cranes.

Revolution in Design-Build - Fall 1997-Vol.8, No.2 - available PDF file

An overview and comparison of various project delivery techniques, citing the advantages and disadvantages of each.

Have Your Cake and Eat It Too - Fall 1997-Vol.8, No.2 - available PDF file

Examination of a new lease structure that allows corporations to achieve off-balance sheet treatment of the lease, yet still claim a depreciation deduction for the asset.

The Hidden Cost of Holding Out: Examining “Lowball” Offers - Fall 1996-Vol.7, No. 3 - request reprint

Sellers of real estate often reject purchase offers that they feel are too low. However, they ignore critical issues that, if evaluated, may cause them to accept such offers. This article offers an analytical technique to gauge real estate purchase offers using a methodology that incorporates all relevant issues, not just the value of the purchase offer.

Know the Secret Code - Spring 1996-Vol. 7, No.2 - request reprint

With improved knowledge of the devastating impact of natural disasters on facility structure, building codes have been adjusted to reflect the likelihood of increased damaged by an event. It is important for companies to hold a comprehensive review of local building codes if considering expansion of an existing facility or retrofit of a second-generation building, as compliance with new codes could be very expensive.

Out of This World - Spring 1996-Vol. 7, No.2 - request reprint

A city-by-city comparison of lease rates on industrial space throughout the world.

Building on a Super Fund Site? - Spring 1996-Vol. 7, No.2 - request reprint

The redevelopment of abandoned industrial land is flourishing because of modified laws and regulations.

Building a Building - Summer 1995-Vol.6, No.4 - request reprint

An overview of the design/build project delivery method, which allots responsibility to one entity, theoretically reducing the adversarial relationship between the architect and general contractor, promoting communication, and keeping the building process on schedule.

In the Middle of Nowhere on the Information Super Highway - Fall 1994-Vol.6, No. 1 - request reprint

Industrial space absorption in non-metro markets shows significant gains as companies capture the benefits of lower operating costs and less expensive real estate.

The Weather is Not the Only Thing That is Hot - Summer 1994-Vol.5, No.4 - request reprint

With economic recovery, the industrial real estate market continues to improve especially in the Southeastern region (Alabama, Georgia, North Carolina, South Carolina, and Tennessee). The article presents statistics on industrial space absorption by state and building quality for the period 1989-1994

IRB Sunset In Question - Fall 1992-Vol.4, No.2 - request reprint

Although the sun may have set on tax exempt industrial development bonds, current legislative activity points to an extension of this important tool to finance new manufacturing capacity.

The Selling of America - Fall 1992-Vol.4, No.2 - request reprint

Contrary to popular opinion, Japanese companies are not buying up all real estate in the US, and owners of surplus industrial buildings are misguided in their believe foreign companies are good prospects to purchase their surplus facilities.

The Strongest Are Also the Weakest - Winter 1991-Vol.3, No.4 - request reprint

Over the years, Interstate 85 from Atlanta to Greensboro has claimed the title of the strongest growth market; however, an analysis of industrial space absorption across the Southeast shows I-85 to be one of the worst markets in the past 22 months. The problem is that the amount of industrial space exceeds the amount actually absorbed.

Bottom Fisherman Take Note: Bargains May Abound Among Southeastern Shell Buildings - Winter 1991-Vol.3, No.4 - request reprint

Although there is a surplus of industrial space, development authorities continue to throw money at the construction of spec/shell buildings.

Doing Well by Doing Good: “Bargain Sales” Can Boost Your Net - Winter 1991-Vol.3, No.4 - request reprint

An examination of “Bargain Sales” of surplus industrial assets to 501c(3) organizations, with an illustration of a transaction to demonstrate the tax savings arising therefrom.

The Check’s in the Mail, I Gave at the Office, and I’m From the Government and I’m Here to Help - Winter 1991-Vol.3, No.4 - request reprint

The federal government compiles a mass of data to benefit companies buying or selling industrial properties. The article lists nine such datasets.

Interstate Proximity and Its Affect On Disposal of Industrial Properties: Analysis of Recent Transactions Shows Surprising Results - Summer 1991-Vol.3, No.2 - request reprint

An analysis of surplus building sale transactions and the effect of interstate proximity on the sale price.

Do Rural Manufacturing Facilities Hold Their Value: Analysis of Recent Sales Shows Advantage Over Metro Properties - Fall 1990-Vol.2, No.3 - request reprint

Analyses of recent sales of large, freestanding industrial facilities suggest that rural or non-metropolitan properties hold their value better than metro-are properties.

On-Line Database of Toxic Chemicals: National Library of Medicine’s TOXNET Will Help Corporate Real Estate Executives - Summer 1990-Vol.2, No.2 - request reprint

TOXNET is an online database of the National Library of Medicine that can be queried by address or lat/long coordinate for a complete list of toxic chemicals used or stored at that location.

Available Industrial Buildings How Good and How Many? - Fall 1989-Vol.1, No.1 - request reprint

The Walker Companies analyzed its database of available industrial facilities in the Southeast, which included single-user buildings in the non-metropolitan areas of Alabama, Georgia, North Carolina, South Carolina, and Tennessee.

Industrial Space Glut in the Southeast? Analysis Shows Six Year Supply - Spring 1990-Vol.2, No.1 - request reprint

An analysis of industrial space absorption in large industrial buildings in the Southeast, segmented by building quality.