Welcome to CREtrends.com — a blog about commercial real estate

Developed and maintained by attorneys at Leonard, Street and Deinard, this site will address a wide variety of topics focused on commercial real estate. Collectively, we offer decades of industry experience and a national perspective that extends from our Midwestern base. Our goal is to help individuals and businesses better understand the issues driving today’s commercial real estate trends. Our Bloggers →

Latest Commercial Real Estate Blog Posts
Boston Skyline

Walkable Communities Increase Real Estate Values

Jun 4

Affordable Housing, Brownfields, Land Use, Mixed-use Development, Residential Development, Retail, Transportation, Uncategorized A new Brookings Institution study suggests that walkability increases values for both for-sale and rental housing, as well as office and retail real estate.  The study concludes that office, residential, and retail rents, retail revenues, and for-sale residential home prices all increase faster in walkable communities than in communities where walking is more difficult.   The study also finds that rents and home values increase even more quickly in... Read more →

Shaun McElhatton

tokyo streets

Convenient Public Transportation Helps Senior Housing

Apr 13

Affordable Housing, Banking/Finance, Land Use, Mixed-use Development, Residential Development, Transportation The senior housing boom finally seems to be taking hold in the U.S.  One trend that we have noted is that affordable senior housing along transportation corridors is in great demand, with new units filling up months before construction is complete.  In our car-centric culture, one factor that moves people to seek out senior housing is the loss of the ability to drive--whether caused by physical, mental, or financial disabilities.  The physical and... Read more →

Shaun McElhatton

Looking up

The Most Influential Real Estate Leaders of 2011

Jan 5

Affordable Housing, Banking/Finance, Brownfields, Commercial Development, Health Care, Hospitality, Land Use, Mixed-use Development, Public Development Projects, Residential Development, Retail, Transportation, Uncategorized Inman News has posted its “Inman 100” report for 2011, listing the 100 most influential real estate leaders for the past year.  Inman’s report explains the criteria considered in the review and selection process.  The unranked real estate leaders of 2011 are listed alphabetically under the following categories: Brokerages, Franchisors, Brokerage Organizations; Economists, Academics and Consultants; Government; Industry trade groups, MLSs; Media,... Read more →

Jim Wilson

044P0803LL

$170,000 Is Still a Lot of Money, the Minnesota Supreme Court Says

May 10

Land Use, Public Development Projects, Transportation On March 30, 2011, the Minnesota Supreme Court issued its opinion in DeCook v. Rochester International Airport Joint Zoning Board holding that the Board’s application of a restrictive safety zone resulted in a “regulatory” taking of the DeCook property.  In so doing, the Court concluded that the $170,000 loss in value to the 240-acre parcel was “substantial” as a matter of law, even though the property was valued somewhere between $2.7 and $4.8... Read more →

Stuart Alger

Donovan

HUD Secretary Donovan Lauds Frogtown Square Development

Mar 4

Affordable Housing, Commercial Development, Land Use, Mixed-use Development, Public Development Projects, Residential Development, Retail, Transportation U.S. Department of Housing and Urban Affairs Secretary Shaun Donovan visited St. Paul on Friday, March 4th to recognize the Frogtown Square Development as the type of  innovative, mixed-use development that will lead the country forward into the 21st century.  The Frogtown Square Development features neighborhood-based retail on the first floor, with 50 units of senior housing on three floors above the retail and underground parking below.  The... Read more →

Shaun McElhatton

freeimages.co.uk workplace images

New Brookings Institution Report Predicts Next Real Estate Boom

Feb 1

Affordable Housing, Brownfields, Commercial Development, Land Use, Mixed-use Development, Residential Development, Retail, Transportation A recent report from the Brookings Institution predicts that the next real estate boom will be driven by baby boomers and their children looking for walkable neighborhoods in which to live and work.  The report notes that many areas of the U.S. currently have large oversupplies of low-density, suburban development and predicts that even as the economy begins to recover, those excess inventories will decline slowly.  Calling it "the biggest demographic... Read more →

Shaun McElhatton

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