?? SVN | Northern Commercial is excited to present this week's Property of the Week: 22-26 West Main Street in Carmel, IN This incredible retail space is located in the heart of downtown Carmel on Main Street in the Carmel Arts & Design District. The property features a total of 3,123 SF across two parcels, including 2,745 SF on the main level and 378 SF of finished space on the lower level. With ample public parking and prime visibility in one of Carmel’s most vibrant areas, this is a rare opportunity for investors or owner-users. For more details, please contact Jess Lawhead, CCIM. #SVN #CRE #CommercialProperty #CarmelIN #RetailSpace #SVNNC #InvestmentOpportunity #ArtsAndDesignDistrict
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Hackney bucks the trend in latest House Price Index report. The latest House Price Index from the Office for National Statistics (ONS) shows house prices in London fell by 4.8 per cent between February 2023 and 2024. However, within the London Boroughs themselves, there were some interesting trends in price changes, with some borough’s dropping as much as 20 per cent in that time and others showing an increase of over 1%. Prime Central London saw the largest drop with prices in Westminster falling by 20.5% and Kensington and Chelsea a seeing a drop of 14.1%. Hackney on the other hand, entirely bucked the trend and saw a rise of 1.3%, the strongest growth in the capital. We have certainly seen a very busy first quarter of 2024 in Hackney. On average, since January of this year, Easthaus properties have been going under offer within 3 weeks of marketing and have been achieving on average, 101% of the guide price. Hackney has come a very long way since its humble farmland beginnings, but even in its early days of growth, it showed signs of the vibrant, creative and diverse Borough that it is today. Take a step back in time with us to rediscover the history of Hackney and how its architectural landscape has changed over the years. #housepriceindex #hackney
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-As the flight-to-quality phenomenon takes hold nationwide, top-tier tenants within the Philadelphia CBD may start to see their options limiting despite a record-breaking total availability rate of 24.5%.? -Large blocks of space, those equaling over 20,000 contiguous square feet, represent an average full floor plate for many buildings downtown. Premium space users are typically seeking floors not only in high-quality buildings, but also above the 25th floor to capture unobstructed views of the surrounding city. -Full-floor availability on or above the 25th floor comprises of just 23.4% of all large block availability within Trophy and Class A buildings in the CBD. When considering Trophy only, this number shrinks over half to 10.5% or roughly 14 floors. -As some of the city’s larger players near upcoming lease expirations, landlord’s ability to combine smaller availabilities into large blocks closer to the top of the footprint will work to their advantage in a market of tighter premium availability. ?
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Let’s file this in the "I’m 99.999999% Certain This is Never Gonna Happen" category — but still. Zoning rule changes under consideration for the closed Lakeside Mall site in City of Sterling Heights would allow for buildings on the northern portion of its 110 acres on Hall Road at Schoenherr to be — yikes — up to 50 stories tall. To be clear, the current vision for the property owned by Miami Beach, Fla.-based OUT OF THE BOX VENTURES does not include any buildings even remotely that tall. At most, some of the senior housing envisioned for the southeast corner of the property tops out at six stories, and the other residential buildings are four or five stories in height. More on the thinking behind the height provisions here in Crain's Detroit Business https://lnkd.in/eJPYEMb3
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Toronto's housing rules just got a makeover! Now, every lot can host a cool fourplex + a laneway/garden suite. So if you want to build, choose a detached lot. But don't bet it all on detached lots if you aren't thinking of building! Builders are after the same big wins, and if you're not doing the heavy lifting, you probably won't benefit as much from this strategy. #TorontoRealEstate #SmartInvesting
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In the vibrant Silver Coast submarket of Southeast Washington, D.C., stands an iconic mixed-use residential property, a testament to cherished memories and timeless elegance. With an unwavering commitment to excellence, we embarked on a transformative journey to unlock the property's full potential. Delving deep into every aspect of the property's character, we left no detail overlooked, exploring its architectural intricacies and zoning regulations. Collaborating closely with architects and engineers, we crafted an innovative sales strategy that set new industry standards. Armed with a profound understanding of the market, we boldly introduced a pricing strategy that exceeded expectations, laying the foundation for unparalleled success. As offers were reviewed, a surprising offer emerged from a local prominent developer, offering $600,000 for the property. Nevertheless, we secured a remarkable sale price of $1,125,000, showcasing our ability to maximize value for our clients. It's worth noting that the property had not changed hands for almost 50 years, and our clients were the second owners, inheriting the residence from their parents. In the end, the family's cherished residence commanded a record-breaking price for the Penn Branch neighborhood, solidifying its status as a true gem in our nation's capital. #SilverCoast #WashingtonDC #RealEstate #MixedUseProperty #CherishedMemories #TimelessElegance #Excellence #Innovation #Specialization #MarketUnderstanding #MaximizeValue #RecordBreaking #PennBranch #Gem #DealStory #ActionOverWords #DCFocus
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We have heard of the growing popularity for #microunits. Looks like Trademark Property Company is implementing these in their impressive Dallas development. It makes sense that people driven to more urban cities and affordability concerns are creating an environment conducive for this demand. The last decade we’ve seen a lot of ‘more is more’ but are wondering if the shift towards minimalism is finally taking form. The downsizing of our square footage may suggest a trend towards smaller footprints in the future! ?? #urbanization #affordability #multifamily #realestatedevelopment #interiordesigner What are other trends that have caught your attention in the multifamily market rate, student housing, active adult arenas?
Dallas City Council recently moved forward a project that will reshape a large swath of Lemmon Avenue. A multi-level apartment building will replace several fragmented retails buildings between Throckmorton and Reagan streets. The property is closed in by Bowser Avenue, along which there will be constructed a community-facing pocket park. By Anna Butler #dallas #realestate #trademarkpropertycompany #apartments
Trademark Property Company’s Lemmon Avenue development moves ahead
dallasnews.com
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???? JUST LISTED ???? ?? 1470 W Adams Blvd, Los Angeles, CA 90007 - $2,998,500 - 12 BEDS - 8 BATHS - 3,002 SQFT - 12,765 SQFT LOT Introducing 1470 W Adams Blvd Exceptional Investment Opportunity Near USC. Discover an outstanding investment opportunity just 0.6 miles from the USC campus 1470 W Adams Blvd. This expansive property features a 12-bedroom, 4,313 sqft house on a generous 12,765 sqft lot with LAC2 zoning and Tier 3 TOC designation, potentially allowing for up to 31 units. The spacious lot size opens up exciting possibilities, including the potential to renovate the existing house into four units by utilizing the rear yard for additional housing. The property's strategic location, close to new multifamily developments, the Ralphs retail center, Metro Expo Line, and Exposition Park attractions, underscores its immense potential. Situated just 10 minutes from Downtown LA and with convenient access to the 10 Freeway, this property offers a unique investment prospect. Notably, it has been in the family for four generations, making it a rare find in today's market. Seize the opportunity to explore this diamond in the rough by scheduling a showing today. Opportunities like 1470 W Adams Blvd are a rarity. Don't miss out on the potential for a lucrative investment. For More Info. Feel free to reach out! Melissa Zee 310.309.0099 [email protected] Hosh Maha 424.522.3207 [email protected] #MZG #KWBH #larealestate #losangelesrealestate #developersopportunity #PremierLocation #propertywithpotential #backtobackproperty #MelroseHillDuplex #DevelopmentOpportunity #InvestmentProperty #TownhomeDevelopment #HotSpotForConstruction #RealEstateInvesting #DuplexForSale #PrimeLocation
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Under contract! ?? This newly updated brick 4-family building, located less than a quarter of a mile from Gravois Park and less than a mile from Tower Grove Park, is now spoken for. Contact the listing agent for more investment opportunities in the area! ?? #UnderContract #RealEstateInvesting #InvestmentProperty #StLouisRealEstate #RealEstateOpportunity #IncomeProperty
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M&S have won their appeal to overturn the Governments decision to refuse permission to knock down their flagship Marble Arch store... The company took legal action against the decision in the High Court following a bizarre chain of events: ?? Westminster council grant planning permission for M&S' scheme in 2021 - to tear down the current art deco building and replace it with a modern building featuring a new café, offices, a shop and a gym ?? Campaigners resist the granted permission, protesting and calling for the decision to be revoked ?? Michael Gove launches an inquiry in 2022, rejecting the scheme and citing the carbon footprint as a concern, concluding that the building should be refurbished rather than demolished ?? M&S argues there's no heritage reason for the buildings to be saved, as none of the three are listed ?? In 2023, M&S vows to appeal and take the overturned decision to the High Court, threatening to close their flagship store altogether if the appeal isn't successful During the latest appeal, it was heard how Michael Gove had "misunderstood and misapplied" national planning policy whilst making his decision. The M&S leadership team have stated the events have been a long, unnecessary and costly delay to the only retail-led regeneration on Oxford Street. ? ?? t: 07766903081 ?? e:?[email protected] #property?#insurance?#construction?#titleinsurance?#realestate?#propertyinvestment?#propertydevelopment?#development?#rightoflight #planning?#building?#legal?#lending?#lendingsolutions?#commercialrealestate?#investment?#banking?#economy?#developer #conveyancingland?#conveyance
M&S wins High Court appeal to tear down Marble Arch store
bbc.co.uk
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Heritage Works for Housing?aims to help tackle the national housing shortage by providing small and medium-sized developers with clear guidance on repurposing historic buildings for residential use, says the publisher, Historic England. It claims that up to 670,000 homes could be created by repurposing existing historic buildings in England. The publication sets out the benefits and challenges of transforming historic buildings into residential use, as well as providing step-by-step guidance at all stages of the process. This includes advice on feasibility testing, stakeholder engagement, heritage appraisal, design development, building consent and ongoing maintenance. Historic England chief executive Duncan Wilson said: "This report demonstrates how historic buildings can be part of the solution to the housing crisis. It is a timely and useful guide for developers who want to adapt historic buildings for new housing, showing that historic buildings can offer attractive and sustainable living spaces that meet the needs and aspirations of modern homebuyers, while retaining their heritage significance and special character.”
Historic England produces guide to adapting historic buildings for housing
theconstructionindex.co.uk
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