NAIOP Triangle Bus Tour Returns Featuring KARNES

Posted on September 15, 2014 by - Chapel Hill, Commercial Property Exchange, Development, Durham, Events, Office, Raleigh, Subscribers, Triangle, Triangle CPE, Users

NAIOP Bus Tour

NAIOP Triangle is bringing back its signature bus tour event that will allow real estate professionals to gather the latest insight and “real time” data on office development in the Triangle.  Don’t miss this truly unique experience to see proposed, renovated, or under construction properties in the Triangle!

KARNES is proud to be a Gold Sponsor of NAIOP Triangle and will be the exclusive data and research provider for the bus tour.

The bus tour will take place Thursday, October 9th from 9AM-4PM and includes lunch, all day parking, reception, and much more!  For registration details, please refer to the following link:
http://www.naioprt.org/events.cfm

KARNES Tri-City North Carolina Retail 2013 Year in Review

Posted on July 21, 2014 by - Chapel Hill, Charlotte, Commercial Property Exchange, Construction Update, Development, Durham, Greensboro/Winston-Salem/High Point, KARNES Perspective, KARNES Tri-City Report, Raleigh, Retail, SiteIndex, Triad CIE, Triangle, Triangle CPE, Western NC, WNC CPE

A combined total of 144.8 million square feet of retail space was located within the Tri-City area at the end of 2013. With a retail inventory totaling approximately 60.7 million square feet, the Charlotte market was the largest of the three North Carolina retail markets, accounting for 42% of the retail inventory. The Triangle market ranked second with 46 million square feet of retail space, while the Triad maintained 38 million square feet of retail space. After declining to a historical low of 541,782 square feet in 2002, retail construction increased to nearly one million square feet in the Tri-City markets during 2013. New retail supply during 2013 was most pronounced in the Triangle region, where 693,982 square feet of new space was delivered. The Charlotte region ranked second with 231,680 square feet of new retail space completed during 2013, while the Triad region reported 38,000 square feet of new retail during 2013. Only the Charlotte region reported a continued decline in new construction from the level reported in 2012. While retail construction in the Tri-City area increased during 2013, the level of new supply remained well below the 2.6 million square feet averaged annually between 2008 and 2011.
KARNES Tri-City Retail Vacancy Trends
The relatively low supply-side pressures from new construction allowed for vacancy rates to decrease in all of the Tri-City markets during 2013. At 8.0%, the Charlotte retail vacancy rate decreased 0.6% of a point during 2013 as net absorption totaling 494,986 square feet outpaced the 231,680 square feet of new supply. Despite the decrease, the Charlotte vacancy rate remained above the 6.9% reported in 2008. The Triangle retail vacancy rate decreased 0.4% of a point during 2013 as net demand totaling 849,391 square feet outpaced 693,982 square feet of new supply. The Triangle’s 2013 vacancy rate of 6.6% was the lowest of the Tri-City markets, but remained 0.1% of a point higher than the 6.5% reported in 2008. New retail supply totaling 38,000 square feet in the Triad market was outpaced by net demand totaling 386,123 square feet during 2013. As a result, the Triad retail vacancy rate decreased 0.9% of a point to 10.1% from the 11.0% reported at the end of 2012. Despite the decrease, the rate remained 0.5% of a point higher than the 9.6% reported at the end of 2010.
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KARNES Tri-City North Carolina Industrial 2013 Year in Review

Posted on July 21, 2014 by - Chapel Hill, Charlotte, Commercial Property Exchange, Development, Durham, Greensboro/Winston-Salem/High Point, Industrial, KARNES Perspective, KARNES Tri-City Report, Raleigh, SiteIndex, Triad CIE, Triangle, Triangle CPE, Western NC, WNC CPE

Karnes divides the industrial market is into two categories – warehouse and flex. At the end of 2013, the Tri-City markets contained a total of 105 million square feet of warehouse space and 34.6 million square feet of flex space. With over 52 million square feet of warehouse space, the Triad market accounted for approximately 50% of the Tri-City warehouse market. The Charlotte market ranked second with 34 million square feet, while the Triangle market maintained 18.4 million square feet.

The 178,250 square feet of warehouse space completed in the Triad market during 2013 accounted for all of the new warehouse space completed among the Tri-City regions. For the Triangle market, 2013 marked the fourth year in a row where no new warehouse space was delivered. Two warehouse buildings were delivered in the Triad market during 2013 with the largest being a 134,650-square-foot speculate building at 1023 Corporate Park Drive in Mebane. A total of only 564,738 square feet of new warehouse space was delivered in the Charlotte market between 2009 and 2013, while the Triangle market reported even less at 412,940 square feet. With the additional space delivered during 2013, total warehouse construction in the Triad during the same period totaled 469,750 square feet.
KARNES Tri-City Warehouse Vacancy Trends (more…)

KARNES Heats Up With New Users As Summer Begins!

Posted on July 10, 2014 by - Asheville, Chapel Hill, Charlotte, Commercial Property Exchange, CPE Weblink, Greensboro/Winston-Salem/High Point, New Subscribers, Raleigh, SiteIndex, Subscribers, Triad CIE, Triangle, Triangle CPE, Users, Western NC, WNC CPE

New KARNES MembersAs June 2014 comes to an end, we reflect on new companies and brokers across North Carolina that have joined this past month. We would like to welcome the following organizations and users, who will be utilizing the power of KARNES systems to make the remainder of 2014 a success!

Welcome New Members

  • Chris Chagnon at Action Creek Realty
  • Tasha Ince at Lindsay Commercial Properties
  • Michael Schiftan at Devcon Resources
  • Heide Foley at Heide Foley, CPM
  • Tyler Brandt at Colliers International
  • Matt Schindelholz at Brackett Flagship Properties, LLC
  • Andy Holland at Wells Fargo Bank
  • Pamela Cola at Coldwell Banker Howard Perry & Walston
  • Lee Burgess at First Federal Properties, Inc.
  • D. Maxwell Hanks, CCIM, SIOR at Spectrum Brokerage Services, Inc.

Not a subscriber? Contact our sales team today!

KARNES Continues New User Surge In May

Posted on June 2, 2014 by - Asheville, Chapel Hill, Charlotte, Commercial Property Exchange, CPE Weblink, Durham, Greensboro/Winston-Salem/High Point, New Subscribers, New Users, Office, Raleigh, Retail, SiteIndex, Triad CIE, Triangle CPE, Users, Western NC, WNC CPE

New KARNES MembersAs May 2014 comes to an end, we reflect on new companies and brokers across North Carolina that have joined this past month. We would like to welcome the following organizations and users, who will be utilizing the power of KARNES systems to make 2014 a success!

Welcome New Members

  • Jamie Davis at Colliers International
  • Jessica Peadon at Colliers International
  • Caroline Gorrell at Key Commercial Real Estate
  • Lee Jackson at Legacy Real Estate Advisors, LLC
  • Scott Davies at NAI Southern Real Estate
  • Jean King at Berkshire Hathaway HomeServices Yost & Little Realty
  • Tracy Dodson at Lincoln Harris – Corporate
  • Alec Cantley at Carolina Mountains Sales
  • Paul Pursell at Colliers International
  • Robert Podewils at Sperry Van Ness/Commercial Real Estate Advisors
  • Don Batten at Real Living Pittman Properties
  • Elizabeth Luck at Real Living Pittman Properties
  • Mark Staples at KW Commercial-Chapel Hill
  • Jared Londry at Cassidy Turley
  • Jasmine Turner at Legacy Real Estate Advisors, LLC
  • Mike Linford at KW Commercial-Chapel Hill
  • Joe Tomlinson at Berkshire Hathaway HomeServices Yost & Little Realty
  • SiteIndex CPE Weblink: Clearview Commercial Real Estate Advisors

Not a subscriber? Contact our sales team today!

New KARNES Subscribers Ready For 2014!

Posted on January 8, 2014 by - Asheville, Chapel Hill, Charlotte, Commercial Property Exchange, Durham, Greensboro/Winston-Salem/High Point, New Subscribers, Office, Raleigh, Retail, Triangle, Western NC

2014 KARNES CPENow that 2013 is officially in the books, we would like to welcome our newest KARNES subscribers looking to make 2014 their best year yet!

In 2014, KARNES will continue to enhance and improve our products and services to provide the quality of service and information our users have come to expect.

Many new companies and brokers across North Carolina have joined a KARNES-powered commercial property exchange during December 2013. The following firms and/or individuals will now be utilizing the vast tools and features of a KARNES-powered commercial property exchange:

Welcome New Subscribers

  • Lynette Glenn at Highland Realty & Development
  • Brian Craver at Cushman & Wakefield | Thalhimer
  • Peter Hitchens at RE/MAX Executive – Commercial Division
  • Roger Baldwin at REID Real Estate Company
  • Gene Poore at Builders Realty
  • Ken McWilliams at Crescent Communities
  • Jason Morris at The Baldwin Companies
  • Jason Severt at The Baldwin Companies
  • Nick Gonzalez at Linville Team Partners
  • Deborah Carpenter at KW Commercial Cary

Are you ready to be the latest organization or subscriber to harness the tools and features of a KARNES-powered commercial property exchange ? Contact our sales team today!

Happy New Year!

CPE Tips & Tricks: Property Traffic Analysis

Posted on December 13, 2013 by - Apartments, Asheville, Chapel Hill, Charlotte, Commercial Property Exchange, Durham, Greensboro/Winston-Salem/High Point, Industrial, Land, Office, Online Training, Raleigh, Retail, Tips & Tricks, Training, Triangle, Western NC

traffic-analysis2

Share Branded PDF Reports with Your Clients

One of the many integrated features of the KARNES CPE system is the Property Traffic Analysis function. Many users may not be aware of this powerful feature.

While users are working hard to market properties, the Traffic Analysis feature provides useful insight into property traffic data for All or a specified Property by defined time frame, where/how the property was viewed and who viewed the property.

Beyond providing property traffic details, the Property Traffic Analysis function allows the creation of a PDF report that can be emailed or printed and can also be easily customized by adding company logos and headers.  Beyond personal insight, this report creates a excellent branded marketing piece to provide to clients to illustrate listing activity, or to use during organizational meetings.

traffic-analysis1

Powerful Traffic Analysis Filters

To access the Property Traffic Analysis function, simply login to your account and click on Traffic Analysis under the Home/MyProperties tab.  From here you can filter our results with a variety of options including: Date Range, View TypeView Source and Select Property.  The Traffic Summary Graph displays total number of views by day/date based on selected filter, while the Traffic Summary Chart displays the Name, Company and Number of Views of the Top Viewers.  The Activity Chart displays the Date Viewed, Property Viewed, CPE #, Source Type, Source Name (if a member), Source Company (if a member), and View Type.

With the New Year right around the corner, utilizing the Property Traffic Analysis function is another powerful tool to add to your CPE routine to make 2014 a success!

Keep in mind that the Property Traffic Analysis feature is one of the many benefits that can only be accessed by Paid Subscribers.  If you are ready to be the latest organization or subscriber to harness the tools and features of a KARNES-powered commercial property exchange, contact our sales team today!

KARNES Sponsors The 6th Annual TAA 5-Star Appreciation Dinner

Posted on October 9, 2013 by - Apartments, Chapel Hill, Durham, Events, Raleigh, Triangle

Brier CreekBrian Reece, managing partner, will represent KARNES at the 6th Annual TAA  (Triangle Apartment Association) 5-Star Appreciation Dinner.  According to the TAA website, the event will be attended by Regional Property Managers and Owners and was designed to serve as a “networking” social opportunity; and as such, there will be no sales presentations or pitches during the evening.

The event will take place Thursday, October 10th from 6pm-9pm at the Brier Creek Country Club located at 9400 Club Hill Drive in Raleigh.

Looking for a one-stop solution for Triangle apartment market research and analysis? Contact our sales team today!

Despite the Rain, KARNES Team Shines at NAIOP Triangle 2013 Golf Tournament

Posted on May 23, 2013 by - Chapel Hill, Charlotte, Commercial Property Exchange, Events, Raleigh, Triangle

NAIOP GolfEarly morning rainfall did not stop eager golfers attending the NAIOP Triangle 2013 Golf Tournament, hosted at the beautiful Hasentree Club in Wake Forest.

As one of the tournament sponsors, the KARNES team consisted of Managing Partner Andrew Jenkins and Market Research Associate Jay Datta, as well as long-time KARNES subscribers Charles Neil with Cornerstone Property Advisors and Chris Berry, Vice President, Southeast Region of Shiel Sexton Company. The team shot a 65 collectively in a Captain’s Choice playing format.

The tournament combined some great golf and great people and we look forward to attending again next year!

Enter Now For A Chance To Attend the NAIOP Triangle Annual Golf Tournament

Posted on May 9, 2013 by - Apartments, Chapel Hill, Durham, Events, Raffle, Raleigh, Triangle

KARNES is offering an opportunity for one lucky winner to join our golf team playing in the 2013 NAIOP Triangle Annual Golf Tournament, to be held at The Hasentree Club in Wake Forest, North Carolina on Monday, May 20, 2013. Please note, this event is currently SOLD OUT! To enter for a chance to win, simply follow/like KARNES on either LinkedIn, Facebook, Twitter, or the KARNES Blog (follow/like KARNES on all four site to increase your chances!)

How to Enter for a Chance to Win

Simply follow/like KARNES on one (or all) of the following social media sites by 5:00 pm EST Tuesday, May 14th 2013:

LinkedIn

Facebook

Twitter

KARNES Blog

The winner will be chosen at random from the list of individuals following/liking KARNES on the aforementioned social media sites on Wednesday May 15, 2013 and will be contacted via Email/Phone. The name of the winner will be announced online as well. KARNES will cover all costs associated with the Golf Tournament Fees, but the winner will be responsible for travel and accommodations.

Additional Details About The 2013 NAIOP Triangle Annual Golf Tournament

Date/Time
Monday, May 20, 2013
Check-in and Range Balls – 7:30 AM
Shotgun Start – 9 AM

Location
Hasentree Golf Course
7305 Village Club Drive
Wake Forest, NC 27587

Click here for more information about the NAIOP Triangle Annual Golf Tournament.