2009 June | Real Estate Ambassador

Archive for June, 2009

Business Opportunity Restaurant – Deli For Lease | Commercial Real Estate Weston WI

filed under: Business Opportunities, Commercial Property For Lease posted on June 26th, 2009

Business Opportunity: New Deli-Restaurant available for lease. Located in a high-traffic area on the east-end of Weston at the intersection of Schofield Ave. and County Road J. It hosts a galley kitchen with new stainless equipment and walk-in cooler and freezer. The Deli has a large display counter to show off the breads, salads and deserts. The dining area seats 69, Wi-Fi available for your customers to surf. The other amenities: In-floor heat, Central Air, Central Fire Alarm and sprinkler system, Security System with monitors and electronic key entry. Available for $2,500 per month plus Triple Net. For more information contact the listing agent Ark Rhowmine.

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When to Fly the Amercian Flag:

filed under: God Bless America posted on June 13th, 2009

Dates to Fly the American Flag: I can remember when I was a Boy Scout back in the mid-1960s. Each major holiday we would meet at the scout hall at about 6:30 a.m. to loud approximatelly 100 flags, which were rolled up on their seven foot flag pools, into the back of a pickup truck. We would head down town to put up “Old Glory” in front of each store and business on main street. Baldwin, Michigan was (and still is) a small rural community with a population of about 800. The business district was approximately two blocks long. In the sidewalk next to the curb in front of each business was a 2 inch pipe for placing the pole into. The at that time of morning street was empty, no traffic, no cars parked on it. It was quiet and the morning sun was just coming up. We would walk back and forth from the truck, grab a flag and head back to the curb place the flag into the next pipe and rush to keep up with the pickup. We normally had eight to ten scouts on this community service, so it wouldn’t take us long to cover downtown. Then come evening we would be out there removing the flags, rolling them up on there poles and placing them in the truck. I am now 55 years old, and each Memorial – 4th of July I still remember this honorable duty. Sometimes I feel we as amercians are losing touch with it was like in small town america and the importance to remember. This is why I am posting this schedule. May God Blees Amercia.

News Years Day (January 1st)
Martin Luther King Jr. Day
Lincoln’s Birthday (Febraury 12th)
Washington’s Birthday
President’s Day (3rd Monday in February)
Easter Sunday
Mother’s Day (2nd Sunday of May)
Armed Forces Day (3rd Saturday in May)
Memorial Day (Last Monday in May – Fly at Half Mast until Noon)
Flag Day (June 14th)
Father’s Day (3rd Sunday in June)
Independance Day (July 4th)
Patriot’s Day (September 11th – Half Staff)
Columbus Day (2nd Monday in October)
Election Day (November)
Veternan’s Day (November 11th)
Thanks Giving Day (4th Thursday in November)
Christmas Day (December 25th)

Watch for my future posting on “How to Display the Amercian Flag.”

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posted by Ark Rhowmine // Leave A Comment

Good News Friday | Commercial Real Estate Wausau WI

filed under: Commercial Real Estate Market posted on June 12th, 2009

Big Picture

Let’s take a moment to consider how far the financial sector has come since the credit crisis passed through its darkest period from September 2008 through March 2009.

Analysts debated whether the government would end up owning the major banks and a good chunk of the entire financial sector, but that discussion has receded along with the likelihood of such an outcome. (From September through March, the words “nationalize” and “banks” appeared in an average of 17.5 media articles per day. From April through Thursday of this week, the two words have appeared in 5.6 articles per day.)
Much criticism was heaped on the bank stress tests conducted by federal regulators, i.e. that the criteria were too lenient, or that the additional sums of capital required were too onerous (from the banks’ perspective), or that publicizing the results of the tests could, perversely, destabilize the banking system. Nevertheless, the stress tests laid the groundwork for banks to raise private capital. As a result, 10 of the nation’s largest financial institutions gained approval this week to repay $68 billion in TARP funds. Twenty-two smaller banks already have repaid their TARP funds.
The TED spread, a measure of risk-aversion in the credit markets, has receded to pre-crisis levels, signaling that credit is more available. Click here to view an interactive graph of the TED spread from Bloomberg. (The TED spread is the difference between interest rates on 3-month Treasury bills, considered risk-free, and 3-month dollar Libor, a widely used index for lending between banks and for business and mortgage loans.)
The commercial real estate industry is still in the early innings of recapitalization of both debt and equity, but publicly traded markets are giving commercial real estate a vote of confidence. So far this year, REITs have raised nearly $15 billion through 45 public equity offerings. Moreover, REIT share prices have rallied by 60 percent from their low on March 6^th.

There is much work left to do, but the financial system is in the process of righting itself, and the economy is showing signs of bottoming out. Consequently, the macro-environment in which the commercial real estate industry operates is becoming more hospitable.

Source: Robert Bach, SVP, Chief Economist, Grubb & Ellis

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posted by Ark Rhowmine // Leave A Comment

Business For Sale in Northern Wisconsin

filed under: Business Opportunities, Commercial Property For Sale posted on June 8th, 2009

Great Business Opportunity! Featuring a Gas Station, C-Store with soft-serve ice cream, Restaurant/Bar in Northern Wisconsin. This C-Store has the only DNR Game Check Station within 20 miles of Medford. This Business has many different features that attract it’s business customers. It is the only C-Store Gas Station located on Hwy-64 on the west end of Medford.

Featuring:

Gas Station
Convenience Store
Soft-Serve Ice cream
Restaurant/Bar
DNR Game Check Station (Ony one within 20 miles)
Snowmobile Trail
High Traffic: Near High School and new medical clinic.
Sale Price: $549,000
Located at 884 W. Broadway Ave., Medford, WI

THIS PROPERTY HAS BEEN REMOVED FROM THE MARKET.

For addition information contact the listing broker Ark Rhowmine. Commercial Real Estate Agent with Grubb & Ellis of Wausau.

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D-Day June 6, 1944 – 65th Anniversary

filed under: God Bless America posted on June 6th, 2009

D-Day 65 Years ago: “Our sons, pride of our nation, this day have set upon a mighty endeavor… Some will never return. Embrace these, Father, and receive them.” President Franklin D. Roosevelt, radio address, June 6, 1944.

posted by Ark Rhowmine // Leave A Comment

Pharmaceutical Collection – Marathon County, WI

filed under: Community Events, Green / LEED posted on June 4th, 2009

Prescription / Drug Disposal – Marathon County: The Marathon County Hazardous Waste Collection Facility is conducting a Prescription Drug drop off this Saturday, June 6, 2009 between the hours of 9:00 am and 2:00 pm. Their facility is located at 301 Alderson St., Schofield, WI. This is free to all Marathon County residents. When dropping off your expired and unwanted pharmaceuticals it is suggested that you bring the labels with you. This will assist the Collection Facility in identifying the drug for propore disposal.

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RETAIL – OFFICE COMPLEX FOR SALE, WESTON, WI

filed under: Commercial Property For Sale posted on June 2nd, 2009

For Sale – Business Retail/Office Complex: Excellent location for retail or professional office. Newly constructed 18,500 SF building on 7.7 acres of land. Zoned Commercial. The Building hosts fours (4) suites consisting of 2-Conference Halls, 1-Restaurant, 1-Large Office Suite. There are three out-lots available for construction of retail or office buildings. All share a common parking lot (paved, curbs and guttered). The property is available as whole or will condo out the suites and lots to create a common area and business condo association. Current use: Conference hall, restaurant and montessori school. This is one of the last remaining Commercial Development Areas within in the rapidly growing Village of Weston. High traffic and High visibility. Located at 6615 County Road J, Weston, WI. This property is listed by Ark Rhowmine of Grubb & Ellis | Pfefferle of Wausau.