Commercial Investment Real Estate September/October 2013 - Page 3

COMMERCIAL INVESTMENT September/October 2013 Vol. XXXII No.5 20 26 Y ought to You be in pictures. b ¬ COVER STORY FEATURES Stuck in 22 Cross-Border Migration Neutral Offi ce leasing can’t get up to speed. by Sara Drummond Inbound investors move into smaller markets. by Rich Rosfelder 30 Modern Logistics Bigger is better in today’s industrial market. by Bryan Blasingame 34 Beyond the E-tail Era Is retail’s future in real estate? by Jennifer Norbut 38 Cap Rate Calculations Today Lenders and investors take different paths to income capitalization. by Eric B. Garfi eld, CCIM, MAI COLUMNS 2 12 14 16 18 20 President’s Desk CCIM Q&A Financing Focus Investment Analysis Legal Briefs Technology Solutions D E PA RT M E N T S 4 6 42 44 45 46 48 In This Issue Market Trends Regional Outlook International Beat Buyers Guide Deal Makers CCIM Connections September | October | 2013 1