Time to Take Advantage of Today’s Real Estate Climate If you think perhaps you’ve missed the “real estate boat” on taking advantage of the economic downturn, think again.  Things ARE beginning to improve and real estate inventories are beginning to shrink, but Landlords are still eager to make great deals on leases and fill their [...]

CARMEN client and 2012 Mira Award Finalist, PolicyStat, recently relocated its office to Hamilton Crossing III in Carmel, Indiana.  See what PolicyStat President, Steve Ehrlich, has to say about the need to relocate, the process, and how CARMEN Commercial Real Estate Services served as their real estate partner.      PolicyStat – On the Move

Last night, I attended the Mayor’s State of the City address here in Indianapolis.  The overriding theme was Indy’s  “culture of connectivity” focusing on how we Hoosiers are so adept at harnessing our individual strengths, then collaborating and sharing those strengths with each other, all for the good and growth of our vibrant community. The [...]

Chris Carmen, President, CARMEN Commercial Real Estate Services, completed the Carmel Triathlon, Carmel, Indiana on Sunday, April 15.  As a sponsor of the T3 Triathlon Team, CARMEN supports health and fitness as part of its corporate culture.  With the season just beginning, look for TEAM CARMEN to be out on the Tri circuit from now [...]

Taking some of our own best advice, CARMEN Commercial Real Estate Services has relocated its office to Keystone at the Crossing.  The new office is not only home to the CARMEN team, but to a growing number of start-up companies to whom CARMEN is renting affordable office space complete with furnishings, internet, and all the [...]

Here is a great article written by VICUS Partners, the New York City affiliate of ITRA, that answers the question,  “Do Small Tenants Matter to Landlords?”  You bet they do!!  While the article addresses NYC real estate specifically, make no mistake that other markets, including Indianapolis, share similar percentages of small tenant and large tenant occupancies.  [...]

I am sharing some interesting facts and figures here from our friends at JLL regarding some signs of recovery in the very lackluster real estate market….finally!  Always notable is the fact that during the economic downturn, little to no new commercial space was being added to the market, which will factor into the rate of [...]

Dialing for Leasing Deals I read an article in the Wall Street Journal today, Dealing for Leasing Deals, which discusses how most new commercial real estate brokers spend much of their time making “cold calls” to businesses to which they have little or no connection.  Although cold calling may no longer be the most effective [...]

Last week, the real estate trade journal National Real Estate Investor posted an article stating the industry giant, CB Richard Ellis, reported that office rents increased during 2011. In spite of the low-to-no growth economy we’ve experienced since 2008, businesses that have survived have continued to move forward once they’ve become accustomed to operating in [...]

I am always touting what a great place Indianapolis (and Indiana as a whole) is to live and work. I’ve operated CARMEN Commercial Real Estate Services here for nearly 20 years now, and believe me when I say it just keeps getting better!  Below is a letter from Indiana’s Secretary of Commerce, Daniel J. Hasler, [...]