Everyone that lives in Sioux Falls, SD would agree that it is one of the best places to live. Now so does the rest of the world. Livability.com ranked Sioux Falls, South Dakota #10 on the best places to live. Some of the reasons they included were the high ranking healthcare, amenities, the growing community, and more. Here are the top ten cities that made the list: 1- Rochester, MN 2- Bellevue, WA 3- Madison, WI 4- Santa Barbara, CA 5- Boulder, CO 6- Palo Alto, CA 7- Bismark, ND 8- Ann Arbor, MI 9- Iowa City, IA 10- Sioux Falls, SD To read more about the "Top 100 Places to Live in 2016" check out the link HERE.
Recent activity in the Sioux Falls office leasing market indicates we are experiencing a robust and growing economy in both the CBD and southern office markets. With climbing rental rates and decreases in vacancy, these specific sub-sectors (CBD and southern) are in expansion mode. I predict you will see some additional office (some speculative) construction in southern Sioux Falls in 2016. Here are a few recent Bender Commercial transactions: Downtown/CBD: JLG Architects leased 3,300 SF in the Best Building Pepper Entertainment leased nearly 2,000 SF in Shriver Square Lemonly leased 3,300 SF in the Best Building Southern Sioux Falls: American Bank & Trust leased nearly 5,000 SF in the Pinnacle Building EPS Law Firm sub-leased nearly 2,400 SF in the [...]
Sioux Falls has been growing fast, and lucky for us, that means new restaurants. Who doesn't love trying something new? In about a 20 block stretch, the market has added a significant amount of new food options: -Wingstop (26th & Minnesota) -Jim’s Burgers (former KFC building)—coming in 2016 -HyVee Market Grille -Gilberto’s (former Long John Silvers) -Topper’s Pizza -Einstein/Caribou -Z’Marik’s (Noodles-type concept coming in 2016). The last two replaced a Burger King that decided to give up its ground lease at the site and make way for a demolition and construction of a new strip mall. That is SEVEN new concepts to our market! There is cause for concern when we see this much expansion in one sub-sector of our [...]
Nick Gustafson and Dustin Haber representeded the Robford Group as they leased they 1,581 sq. ft. building to Assurance Logistics (represented by Andi Anderson). The building is located on 945 S Marion on the West Side of Sioux Falls.
Are you thinking about investing in commercial real estate? Well, here are a few things that you can look forward to: 1. Positive cash flow or income. If done correctly, buying commercial real estate can bring in a positive cash flow. Although, it is best to discuss with a broker what all is needed to buy an investment property so you know what is coming out of your own pocket with expenses and operating costs. 2. Principal Reduction. Most of the time real estate is purchased using a debt of mortgage loan.If you make regular and on time payments, you’re paying down principal on the loan and reducing your debt. This means that you would be increasing your equity position. [...]
Reggie Kuipers and Andi Anderson represented the landlord in the lease of the Pinnacle Place Office Building. The 5,295 sq. ft. office property is located ib 6216 S Pinnacle Place in Sioux Falls, SD and is being leased by American Bank and Trust.