Construction Activity and Costs Continue To Climb

Construction Activity and Costs Continue To Climb

Construction activity continues to increase in the Midwestern commercial real estate sector, according to Heartland Real Estate Business magazine. Likewise, according to the magazine, construction costs continue to increase while the small pool of skilled workers and unsteady pricing of materials continue to present challenges to general contractors. The construction industry has recovered only 30 […]

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Omaha’s Office Outlook Is Positive

Omaha’s Office Outlook Is Positive

By TIM KERRIGAN, CCIM The overall office vacancy rate in Omaha is down. Office space absorption is positive and average asking rental rates are rising. Omaha-based firms continue to set the pace for office space demand. Union Pacific, Kiewit, Medical Solutions, West Corporation, First National Bank and WebEquity Solutions all took additional space recently. Add […]

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Investors Brokers Pacific Life Lease

Tim Kerrigan, CCIM and JP Raynor, JD, two leaders of our firm’s Office Team, represented Pacific Life in the lease of 75,000 square feet in a build-to-suit building in Aksarben Village’s Zone 5. This five story, 125,000-square-foot building will have a strong presence and overlooks Stinson Park to the south. Pacific Life will occupy the third, […]

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BuilderTREND Solutions Buys New Corporate Office

BuilderTREND Solutions Buys New Corporate Office

BuilderTREND Solutions, a Web-based construction management software company, recently purchased a former Tenaska building in Miracle Hills to house its growing staff. The company’s rapid growth in the past four years required them to move from their 10,000-square-foot building at 110th & Q Streets to the 25,000-square-foot building at 11718 Nicholas. BuilderTREND Solutions developed and […]

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2013 Power Broker award winners

CoStar recently announced Tim Kerrigan, CCIM and JP Raynor, JD, have been named Co-Star POWER BROKER 2013 Top Broker Award recipients. This award is based on transaction volume. JP has been named a Top Broker for office leasing transactions four consecutive years (2010 – 2013) and Tim received the award three consecutive years. Tim and JP are […]

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Military Processing Center sells to Chicago firm

Military Processing Center sells to Chicago firm

When the 19,983-square-foot Military Entrance and Processing Station (MEPS) at 120th and I Streets was built in 2013, it was to be the prototype for future facilities throughout the country. A “mission-critical” building, it is where the military processes recruits from a five-state region entering all branches of the military. The building is LEED Gold […]

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