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Commercial Real Estate Investors Flocking to North Carolina

Commercial Real Estate Investors Flocking to North Carolina

North Carolina is experiencing an increase in the level of investors flocking into all counties of the state.  Domestic and foreign monies are ready to be spent in the Tar Heel state due to the strong economic impact of commerce, industrial, and tourism. Also, the...

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Raleigh’s RTP – Live, Work, Play

Raleigh’s RTP – Live, Work, Play

Triangle Commercial Bits and Pieces... RTP Getting New Mixed Use Development The largest research park in America is changing things.  Wait, that's not right, America is changing things for the largest research park.  A new concept mixed use development is hitting the...

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So you want to start a wedding venue business?

So you want to start a wedding venue business?

So you want to start a wedding venue business? As I was walking through this beautiful almost 3 acres historic property that Kima Commercial has listed, the owner says : “You know Mehdi, this property can make a gorgeous wedding venue with its own red barn ”. So, I...

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Honoring Our Heroes – Purple Heart Day

Honoring Our Heroes – Purple Heart Day

How can we honor them this summer? Memorial Day     «     D-Day     «     Independence Day     «     Purple Heart Day Many people see summer holidays as a chance to head to the beach, vacation with family,  fire up the grill, and take a little time off work.  And...

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Like Sports? Want options? Welcome to North Carolina!

Like Sports? Want options? Welcome to North Carolina!

Like sports?  Want options? Welcome to North Carolina!! Months after the NFL Draft Picks, the Stanley Cup finals and—at least ‘round here—the ACC College Baseball Championship playoffs - TVs in many local restaurants are still blaring stats and scores and highlight...

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I Want To Buy My First Commercial Real Estate

I Want To Buy My First Commercial Real Estate

How to Buy Commercial Real Estate For the First Time "Hey Peter, I want to get in to commercial real estate and buy a building, can you help me?"  I hear this refrain often from colleagues, friends and family.  The short answer would make for a BORING and not very...

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Downtown Durham Is Booming!

Downtown Durham Is Booming!

Downtown Durham is booming. Take a drive down any of the one ways that will confuse you and see the change happening. It’s all local, hip, and for the better. Businesses are lurking at the opportunity of opening up shop in one of the seven downtown districts. (Brightleaf, Wearhouse, Central Park, City Center, American Tobacco, Government Services, and the Golden Belt) Showing a client downtown…

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Why Companies Are Choosing The Triangle

Why Companies Are Choosing The Triangle

Appreciation has grown as much as 9 percent in Raleigh for commercial space into the year of 2018. Reasoning behind that would be because vacancies are below 5 percent and the market has absorbed 1.3 million sq. feet of commercial space in 2018. Durham is…

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Economic Update

Economic Update

Commercial real estate is inextricably tied to economic factors, both local and beyond. Locally, it is clear things are still booming: the Raleigh-Durham area has been abuzz with news of Amazon and Apple potentially locating new offices here; a quick survey of local …

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LPL Prediction Update

LPL Prediction Update

A few weeks ago, we presented a summary of LPL’s predictions for the current bull market, looking at five indicators known as the “Five Forecasters”: the Conference Board’s Leading Economic Index (LEI), the US….

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How Long Can A Good Thing Last? – A Market Update

How Long Can A Good Thing Last? – A Market Update

How long can a good thing last?? Our nation has enjoyed a bull market for nine years—the second-longest stretch since World War II! With such a mix of things to consider these days—low unemployment, increased wages, the impact of new tariffs, new tax laws…

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What Am I Renting? – Load Factors and Loss Factors

What Am I Renting? – Load Factors and Loss Factors

The way commercial real estate is priced and leased is often misunderstood due to matters of rentable square footage. Below is a brief discussing of Load Factors and Loss Factors to provide some insight into these critical components of office leasing. It looks at…

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Sprouts Has Chosen a Second Location

Sprouts Has Chosen a Second Location

Triangle shoppers looking for fresh produce, unique goods, a farmer’s market grocery buying experience are in luck. Fact is those that live in North Raleigh and Wake Forest know exactly what I mean. Sprouts, the Phoenix…

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Four Different Types of 1031 Exchanges

Four Different Types of 1031 Exchanges

The real estate market has a great tool for people to use to maximize their dollars and use them wisely – 1031 Exchange. Here are the four types…

1. Delayed Exchange

This type has rules, ….

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Wake Forest Commercial Real Estate Growth

Wake Forest Commercial Real Estate Growth

Whether you want a pad site, raw land for development purposes, finished residential lots, restaurants, office, industrial or even a fully leased building it can be found in Wake Forest and there are no signs of things slowing down.

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K-FLEX Expansion Update

K-FLEX Expansion Update

Last fall, we told you about Kima Commercial’s role is a historic land deal involving the expansion for a Youngsville, NC company – K-Flex. Then Governor Pat McCrory was on hand…

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Wake Forest and Apex to Get New Sporting Goods Store

Wake Forest and Apex to Get New Sporting Goods Store

The Texas based sporting goods retailer, Academy Sports + Outdoors has decided to give Triangle residents options when it comes to buying new bats, basketballs, workout clothes, shoes, that new driver, or that treadmill you have been meaning to buy….

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Complete 540 Update

Complete 540 Update

The 540 Loop has at least three years to go before its southern section can move forward, according to a new project…

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Office Lease Market – Wake Forest

Office Lease Market – Wake Forest

January 2017 finds the market for office lease space in the town of Wake Forest to be very similar to January 2016. One year ago there were 34 total properties available for lease…

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Kima Commercial Represents Historic Land Deal

Kima Commercial Represents Historic Land Deal

Governor Pat McCrory visited Wake Forest and Youngsville, NC this week in an effort to reach out to the business community at large and make a special announcement. One that we at Kima Commercial are very proud to have had a small role in..

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Commercial Real Estate Updates

Commercial Real Estate Updates

Boondocks in Youngsville, NC has been sold. The swanky facility with gorgeous fixtures and exposed brick in the quiet suburban town will now be a part of the event offerings held by Rocky Top Hospitality…

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34 Acres of Expansion Coming for North Hills

34 Acres of Expansion Coming for North Hills

Recently it was reported by the Triangle Business Journal that North Hills developer John Kane confirmed his expansion of the North Raleigh project by securing another 34 acres of land. Getting close to maximizing it’s potential it appears that the land bordering I-440 is the newest frontier.

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Millennial-Style Workspaces

Millennial-Style Workspaces

With Baby Boomers leaving the workforce and Millennials pushing in, Raleigh may soon be seeing a new trend in work environments. Instead of the tried and true corner office and cubicle layout, developers may need to look at planning for more open layouts and amenities that evoke an atmosphere of fun and …

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Foxwood Luxury Apartments Breaks Ground

Foxwood Luxury Apartments Breaks Ground

“Movin on uuuup…to a de-lux apartment in the skyyyy” Well George and Weasie may not be coming to the Triangle Town Center area anytime soon but many others will. A new luxury (read high-end) apartment community is being built just north of the large shopping mall area.

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Smoky Hollow Returns to Raleigh

Smoky Hollow Returns to Raleigh

Wow! Breaking News in Raleigh….sort of. Sort of? Yes, you see, renowned North Hills developer John Kane has entered into a joint venture with Cross Williams. A true real estate mogul in this market, Williams has led several

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FOCUS – a word so common, how is it so fancy?

FOCUS – a word so common, how is it so fancy?

Focus, a word you hear often used when trying to be polite when what you really want say in a most verbose manner is ‘pay attention’ or ‘get your head in the game’. Parents use the word repeatedly to reinforce the need for the kids to finish homework. Coaches use…

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About Kima Commercial, LLC

About Kima Commercial, LLC

Between Peter Kima’s experience in having built one of the most successful real estate teams in Raleigh, North Carolina, and Paul Eitel’s experience from Project Developer to Owner while helping clients plan, design, and build more than…

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