Investors Realty has sold the 16820 Frances Street Office Building in Omaha, Nebraska for $4,575,000. Jasper Stone APG LLC, was the Seller; NE Obliviscaris LLC, was the Purchaser. The 33,700-square foot building is located near the intersection of 168th Street and West Center Road and was 100% leased at closing. Ember Grummons, CCIM and Patrick […]
Apartment complexes like Harvest Development’s 125-unit Village property, located near 42nd and Grover St., are the beneficiary of a strong apartment market. With heavy deferred maintenance at the time of purchase in 2014, the Village property was purchased for $36,000 per unit with an average rent of $630 per month. Today, after an influx of […]
By Chad Sorensen, Managing Director, CHM Warnick An Omaha Market Game Changer The Omaha hotel landscape is poised to change dramatically after the much-anticipated August opening of the 333-room Marriott Omaha Downtown at The Capitol District. This is the first full-service hotel to open in Omaha since the Hilton Omaha opened in 2004. Since then, […]
By John Heine, CCIM, JD The multifamily market continues to prosper in the Omaha Metro area. According to both CoStar and Institute of Real Estate Management (IREM) data, Omaha is hovering around a 95 percent occupancy rate and has been at that level or higher since 2012. Rent growth has been double Omaha’s historical average, […]
The Counselors of Real Estate (CRE) recently published its annual list of Top Ten Issues Affecting Real Estate. We take a brief look at these issues below. The full article can be found here: goo.gl/74mUbH 1.Political Polarization and Global Uncertainty Recent elections in the U.S., France and the U.K. are already impacting trade relationships, while […]
Investors Realty has sold Wolf Creek Plaza for $8,100,000. The shopping center is located at 10521 South 15th Street in Bellevue, NE. The seller was a local developer and Viking Partners of Cincinnati, Ohio was the purchaser. Ember Grummons, CCIM represented the purchaser. The property is adjacent to Nebraska’s top performing Walmart and had a […]
OFFICE MARKET HIGHLIGHTS: Download the complete report at http://files.investorsomaha.com/download/OmahaOfficeReport_Q2_2017.pdf
Investors Realty, Inc. of Omaha, Nebraska and Commercial Investment Services of North Platte, Nebraska completed the sale of a 359,500 square foot manufacturing property located at 1 Greenwood Rd in Sidney, NE. The buyer, a subsidiary of Ohio based Lukjan Metal Products plans to operate in the facility. This operation will initially create approximately 50 jobs […]
Buildertrend was founded in 2006 by Dan Houghton, Jeff Dugger and Steve Dugger who identified the need for user-friendly, web-based software to serve the residential construction industry. Buildertrend’s software helps construction companies build more projects, build them faster, reduce costly communication errors and maximize customer satisfaction. Today, with 220 employees and over 420,000 users across […]
Our Property Management services portfolio continues to grow. We will be adding property management and maintenance team members over the next few months. If you know of anyone who may be a good fit for our team, please have them contact Tim Langan at tlangan@investorsomaha.com
