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Velcro, Business, brokers, principals, comission agreement, listing agreement, purchase contract, brokerage, client, agent, offers, deals

Screwed: Brokers Tell-All

“Business is the polar opposite of a high school dance—you can always find someone to screw you.” By John McNellis “Dear John: I think you should write...
LoopNet, Crexi, Commercial Search, CoStar, real estate industry, Dun & Bradstreet, commercial real estate brokerage industry, John Cumbelich & Associates, San Francisco Bay Area, Northern California

Online Dating

By John Cumbelich The real estate industry’s version of online dating can be found in places with names like LoopNet, Crexi, Commercial Search, CoStar and...
John McNellis Partners, Palo Alto, California, Happy Returns, retail shopping, death of innovation, Amazon Walmart, new ways to shop, Wal-Mart

McNellis: Many Happier Returns

Solving E-Commerce’s Challenge to Traditional Retail Comes in Small Packages By John McNellis Before the Wall Street Journal pontificates again about retail’s demise, about all those...
Wall Street, WeWork, Fortune 500 companies, New York Times, San Francisco, General Motors, Microsoft,  McNellis Partners, Palo Alto

McNellis: Does WeWork at All?

Company discloses $1 billion losses in bond offering By John McNellis Wall Street’s biggest houses just hawked $702 million in junk bonds for WeWork. The junk...
McNellis Partners, Palo Alto, Bay Area John McNellis, New York Times, Diet Coke, Our World in Data, Pinker, Pennsylvania,

McNellis: Seeing the Forest for the Trees

By John McNellis If you are an entrepreneur, you are an optimist. You have to be. And, Pollyanna aside, it is no simple trick remaining...
video

Russ Solomon, R.I.P.

By John Cumbelich The world of retail lost an inimitable icon last week with the passing of Russ Solomon, the founder of Tower Records, at...

Taking The Burn Out Of Escalating Construction Costs

By Adam Felson The cost to build commercial office space is not getting any cheaper thanks to material increases, labor shortages and the demand of...
Facebook, Amazon, Sports Authority, Golfsmith, Borders Books, Circuit City, HH Gregg, Barnes & Noble, Kohls, Office Depot & Staples, Oakland, International Council of Shopping Centers, John Cumbelich & Associates, Department stores

Goodbye Big Box

By John Cumbelich First the old news: Department stores are departing; Facebook has replaced the mall as our national hangout; and Amazon and its peers...
Rental Market, San Francisco, New York City, Miller Samuel real estate, Queens, Chicago, Long Beach, Ft. Lauderdale, Zumper, Honolulu, Oakland

A Peculiar Phenomenon in the Rental Market Gets a Lot More Peculiar

by Wolf Richter Besides that, rents are in free-fall in Chicago, decline in Seattle, plunge here, soar there, city by city. The peculiar phenomenon that had...
1031 exchange, California, Canadians, American, property, real estate, S&P 500, Walgreen, South Dakota, taxes, investment

McNellis: Is the 1031 Exchange Panacea or Placebo?

By John McNellis Upon selling a supermarket last week, we deposited our proceeds into a 1031 exchange account. Call this maneuver the triumph of hope...

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