News: Brokerage

Cushman of C&W named co-chairman of iCrete

According to iCrete, John Cushman III, chairman of global real estate services firm Cushman & Wakefield, has been named co-chairman of the board of iCrete. Cushman serves on several other boards, including Cushman & Wakefield Inc.; ARTOC Universal Properties in Cairo, Egypt; D.A. Cushman Realty Corp.; Callaway Golf Company and Inglewood Park Cemetery. He is also a director and chairman of Cushman Winery Corp., owner of Azca Mesa Winery. Cushman's expanded role as co-chair of iCrete's Board is effective immediately. iCrete is a state-of-the-art concrete technology company that is revolutionizing the concrete industry with the patented iCreteâ„¢ System. The iCrete System dramatically increases the quality and performance of ready-mix and precast concrete, creates measurable cost efficiencies, and reduces greenhouse gas emissions. iCrete optimizes concrete mix designs and a provides a technology-based production and quality control system for any concrete construction project, generating benefits for industry stakeholders including producers, contractors, architects, engineers, owners, developers and government agencies.
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Industrial Realty Group acquires 422,727 s/f distribution facility in south St. Paul

St. Paul, MN Industrial Realty Group, LLC (IRG) acquired a 422,727 s/f industrial distribution facility located at 411 Farwell Ave. in south St. Paul. The property was formerly the headquarters of The Sportsman’s Guide, an online and
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Columns and Thought Leadership
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their