Marijuana is a Growing Industry in Michigan

smoke shop sign

Michigan has become the first state, not on the east or west coast, to have legalized adult marijuana use. This is a huge milestone for the Midwest. We address frequently asked questions revolving around this popular topic. What exactly is this new law and how did it come to be? In 2008, a voter initiative […]


Smart Thinking


The real estate market is ever-evolving and it can be challenging to stay on the cutting edge, especially when it comes to technology. Yet technology is all around us and it affects the way we do business – our culture, efficiencies and client interactions. Overall the real estate industry has been slow to embrace change, […]


Why a Property Manager?


Whether you own a single asset or a portfolio, having an experienced property management team on your side is crucial for your asset’s financial success. Communication is key. One of the greatest benefits of having a Property Manager is that they are the main point of contact for your tenants. Tenants should feel comfortable approaching […]


Designations in Commercial Real Estate


When it comes to trusting someone with one of your largest assets, commercial real estate, it is imperative to choose the best professionals and firm. Professional designations are much more than acronyms at the end of a name. These prestigious credentials showcase expertise and experience within the industry. Brokerage CCIM stands for Certified Commercial Investment […]


Giving Back


Cressy Commercial Real Estate services not only include assisting our clients with their commercial real estate needs and goals, but it also means making community-minded decisions. Since 1948, we have operated with a higher purpose because of our civil and social responsibilities. Cressy Commercial Real Estate has aided in the growth of the Michiana region […]


What Does NAI and Cressy Mean?

What does a brokerage affiliation mean? Our firm, Cressy Commercial Real Estate recently announced our new global affiliation with NAI Global, creating our new brokerage division, NAI Cressy. What does that mean, and why does it matter? Our new commercial real estate partner, NAI Global is the single largest, most powerful global network of owner-operated […]


4 CRE Trends We Can Attribute to Millennials

Today’s workforce is undergoing a major shift in population. As of 2017, 56 million Millennials are either working or actively searching for work, making them the largest segment of the U.S. labor force, surpassing Gen Xers in 2016. More than one out of every three American workers is a Millennial — more than Gen Xers […]


Steps to a Successful Commercial Real Estate Transaction


Successful commercial real estate closings do not just happen, it takes an experienced team to pave the way for a smooth transaction.  Which is why at Cressy Commercial Real Estate we have implemented a process that walks our clients through each step of the transaction, from contract signature to the moment when the final documents […]


Looking for A Change? We’ve got you covered!

Broker Client Interaction

The real estate industry has historically been an occupation of choice for those seeking a flexible schedule and the chance to utilize relationships to build a career. The industry is romantic and allows people with a penchant for service to support entrepreneurs who are looking to build their dreams or to work with families to […]


Why Property Management = Financial Success

Whether you own one property or a portfolio, having an experienced property management team on your side is critical for your asset’s financial success. Here are several key components you should look for in your property management team: Communication is key. One of the greatest benefits of having someone manage your commercial asset is having […]


Change Is The Only Constant

Century Center sunset

Long ​ ago, (as some of us might remember) downtowns were the heart of a city, with a strong beating sound of people, shopping, banking, living, entertainment and activity. The economic model changed over the years, downtowns weren’t the go to place anymore, instead sprawling suburban developments featuring one-stop shopping and convenience took over. I am reminded […]


New Generation of Marketing

Integrity Billboard

While working through ideas for this article, one thread seemed to be consistent in my mind, “Time changes everything… or does it?”  Millennials won’t remember the unique advertising campaign launched by Burma-Vita Company for their Burma-Shave shaving cream. This family-run business based in Minneapolis, was a pioneer in U.S. outdoor marketing. The roadside campaign for […]


Michigan’s New “Green” Industry

cannabis grow room

For the past decade or more, green industrial buildings have been a goal of developers and owners who want to reap the rewards of green technology. Lower operating costs, higher efficiency and less pollution are just a few of the benefits these industrial buildings offer. Michigan joined into the ranks of medical marijuana states in […]


Purpose Before Profit

rolled up money
  • by David Boerema, Transportation Consultant
  • Jul 14, 2017
  • 0
  • Category:

Beginning with The End in Mind Back in 1978, a twenty-five year old college dropout by the name of John Mackey and a twenty-one year old Rene Lawson Hardy scraped enough capital together to open a small natural foods store in Austin, Texas. During their first year, they were evicted from their apartment and forced […]


Landlord/Tenant Negotiations


Real Estate Advisory Services: Landlord/Tenant Negotiations Successful businesses have processes in place that review their progress from the previous year, forecast needs and strategies for the years ahead. These meetings cover areas such as the current workforce, products, service offerings and expenses. The real estate strategy should be covered in these meetings, if not on a semi-annual or […]


Interested in Buying Real Estate Owned Property?

REO building

WHAT IS A REO? The acronym REO stands for “Real Estate Owned” property.  “REO” describes a class of property owned by a lender—typically a bank, government agency, or government loan insurer—after an unsuccessful sale at a foreclosure auction. Simply put a Lender/Bank extends financing on a house or commercial property.  When the Owner defaults or no […]


Driving Your Net Operating Income

computer calendar

As a Property and/or Asset Manager (Manager), we are constantly striving to ensure the highest NOI for every asset within our portfolio by maximizing revenue and minimizing expenses. NOI (Net Operating Income) is a term used to determine the financial health of an asset before removing debt service, interest, commission or capital work. There are […]


Architecture & 3D Technology

Generations Dr lobby

3D Technology Brings Realism to Your Vision Gone are the days where clients make design decisions solely based on the architect’s tried and true methods of communicating ideas. Floor plans, sections and elevations have been used by architects to convey design intent for centuries. When creating drawings by hand, this was an obvious choice. Buildings were […]


Funding Your Business Acquisition

open sign

Don’t Let the Fear of a Commercial Loan Keep You From Pursuing Your Entrepreneurial Dreams Unless a business buyer is strapped with excess cash or has the financial backing of a strong and willing investor, funding a business acquisition can be a risky and stressful venture. Typically, small business acquisitions and start-ups are funded through […]


Transportation, Distribution & Logistics

Blurry night time traffic

The Transportation, Distribution and Logistics (TDL) market sector and Manufacturing market sector stretching from the far west side of South Bend to the east side of Michigan City, even over to the far NW Indiana area has seen a significant growth in real estate inquiries and leasing activity or building activity over the last year and […]