KARNES Launches Triad CIE Version 3.0

Posted on April 24, 2010 by - Commercial Property Exchange, Greensboro/Winston-Salem/High Point

April 24th, 2010

KARNES is pleased to announce the launch of a new version of the Triad Commercial Information Exchange. With this upgrade, we have greatly enhanced many of the core functionalities of the Commercial Information Exchange which dramatically improves our members’ experience.

What’s New in Version 3.0

Enhanced Searching and Filtering Capabilities
Utilizing the latest in web technologies, CPE 3.0 streamlines searching to improve response and data delivery time and maximizes search efficiency to get the results you want fast.

  • Searching – One easy platform allows you to search All Listing Methods (For Sale, For Lease, For Sublease) of All Status (Available, Under Contract, Closed Sold/Leased, Withdrawn).
  • Results Display- Easily view summary level listing information, change search parameters, customize and sort display information, toggle to mapped results, save search or start a new search.
  • Integrated Search Filter – Add, edit or remove search parameters to refine results and improve the way you locate listings.
  • Quick Search – Enter keywords and unique property features to rapidly search the entire data set.
  • Comp Searches – Sale and Lease Transactions are easily accessed from the Transaction History and Sold/Leased fields of the Main Search and Result Filter and easily viewed in results as an added display option.

Upgraded Map Results and Search Tools
CIE 3.0 integrates Google Maps, a leading online provider of mapping technologies, as its map service which improves geocoding accuracy, result load time, satellite and hybrid imagery, and polygon and radius search capabilities.

  • Mapped Results – Search Results are automatically mapped, improving load time and allowing you to toggle between the summary listing details and mapped results.
  • Map Search – Efficiently view mapped search results then narrow and expand search criteria with the integrated search filter to dynamically meet your search needs.
  • Polygon Search – Create and define your own search area to capture the results you want.
  • Radius Search – Define the distance and center of your search area to capture the results you want.

Improved Listing Delivery Methods
CIE 3.0 allows for quick and easy printing, emailing and creation of customized PDF reports of a single property, multiple properties from Search Results, and properties saved in Portfolios.

  • Print Listing – One click will create a print version of the Property Overview of a single listing or Summary of multiple listings.
  • Email Listing – Send an email with a link to the Property Overview of a single listing or Summary of multiple listings.
  • Customized PDF Reports – Produce professional quality customized PDF brochures of single listings or multiple listings with integrated Report Headers, enhanced Brochure Formats, and user defined Brochure Styles.

Developer taps Clemmons for speculative office space

Posted on April 23, 2010 by - Greensboro/Winston-Salem/High Point, In the News, Office

April 23rd, 2010
The Business Journal of the Greater Triad Area

A developer seeks to fill what he sees as a shortage in the market for affordable office space west of Winston-Salem with the construction of two office buildings on Commercial Park Court, just off Ramada Drive on the south side of I-40.

PTX Commercial has received two building permits worth a total of $1.8 million for the project. Davie Construction Co. is the general contractor. PTX President C.J. Sadosky Jr. said the larger of the two neighboring buildings will be 26,000 square feet and the smaller 6,000 square feet. The lay of the lot requires two separate structures rather than one larger one, he said. PTX will use some of the space itself and offer the rest for lease. He hopes to have the project completed in the fourth quarter of this year.

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Office shuffle: Tenants taking advantage as leases expire

Posted on April 23, 2010 by - Greensboro/Winston-Salem/High Point, In the News, Office

April 23rd, 2010
The Business Journal of the Greater Triad Area

Office brokers around the Triad say their phones are ringing a bit more these days. While most of the calls are from companies in search of a better deal on a lease, brokers welcome the activity as the recession continues to take its toll on the office market. “They aren’t big deals, or even groups looking to open up new businesses, but companies looking for options,” says J.J. Joubran, executive broker for Essa Commercial Real Estate in Greensboro. And there are a lot of options to be had.
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Spaced out: Triad’s industrial market saturated, with Dell-uge to come

Posted on April 23, 2010 by - Greensboro/Winston-Salem/High Point, In the News, Industrial

April 23rd, 2010
The Business Journal of the Greater Triad Area

When it comes to industrial space, the Triad is seriously overstocked. And things will likely get worse before they get better, with the potential for more than 1 million square feet of space to be vacated by year’s end as Dell Inc. closes its Winston-Salem plant and the ripples spread to its suppliers. At the end of 2009, the overall industrial vacancy for the Triad was 21.7 percent, up slightly from 21.2 percent a year earlier, according to the Karnes Industrial Report, compiled on behalf of the local Realtors associations. Brokers generally consider the market to be in fair balance when vacancy is between 8 percent and 12 percent.
Average rental rates slipped from $3.96 a square foot at the end of 2008 to $3.93 at the end of 2009, falling for the second straight quarter. Rates were at $4 a square foot before the recession.
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