SOLD: 5926 W US Hwy 14

Bill Mears represented both sides in this million-dollar deal! Call (608) 752-6325 for more information.

SOLD: 1333 Excalibur Dr

This office building with a large garage space was sold today for $160,000!

Why all the FUSS over Festival Foods?

Courtesy of Isthmus.com

Since the rumors started circulating about Festival Foods coming to the former Kmart site, all I've heard is, “ANOTHER grocery store?” I know, I know. I've done the rundown of all the grocers in Janesville so let’s review them together: we have Woodman's, Walmart, Sam's Club, Target, Schnuck's, Sentry, Piggly Wiggly, Pick N Save, Basics, and Aldi. Am I forgetting anyone???

SOLD: 1162 E High St

Bill Mears brokered the sale of this 5,800 SF industrial building in Milton, WI, that closed earlier today!

SOLD: 535 W Wall St

Bill Mears and Kurt Egan represented the sellers in this industrial deal with a sale price of $940,000 - way to go, guys!

LEASED: 2747 Milwaukee Rd

Beloit wings fans, rejoice! Our sales associate Mandy Witt, representing the landlord, has brokered a 10-year lease with Buffalo Wild Wings in Beloit. Adam Dreier of Mid-America Real Estate represented the tenant.

SOLD: 1824 & 1840 Lafayette St

Congratulations to Kurt Egan for brokering the $195,000 sale of this office and warehouse building!

Thinking Outside the Box: 7 New Ways to Invest

Traditionally, real estate investment has been in each of the five main property types: retail, industrial, multifamily, office, and hospitality. Yet in the last decade or so, investors have been branching out into more specialized endeavors.

Farms

The world’s population is expected to increase to about 9 billion people by 2050, while the UN predicts a steady decline in the amount of arable land per capita from 0.218 to 0.181 hectares in that same time. In the Midwest, there has been a 128% rise in average farmland values over the last decade, shooting up from $1,270 an acre in 2003 to $2,900 in 2013 (by USDA estimates).

The Next Big Thing in Real Estate?

Up until now, investing in real estate has been seen as an option only for the wealthy. But things may change soon with the creation of startups for crowdfunded real estate purchases.

Crowdfunding involves a large group of people on the internet donating a certain amount of money to a project. For example, the website Kickstarter allows filmmakers, designers, and musicians to post a project idea, the funding required, and a deadline for the goal. If people like what they see, they can donate money and will generally in return receive something from the project creator, like a copy of the finished film, album, etc.