Construction Boom Ahead

ConstructionBoom

There’s a huge construction boom coming and baby boomers will be behind it. The big generational bulge of the 20th century hasn’t finished exerting its outsized influence yet, and commercial real estate will continue feeling its weight in the next quarter century.

“We’re an aging population, so in 25 years there’s going to be a heavy focus on medical-related facilities,” said Kenneth Riggs, president and CEO of Real Estate Research Corp. Riggs also predicts a shift back toward affordable, multi-generational households that will translate to increased multifamily residential properties, particularly in close proximity to mass transit.

In seven years boomers will turn 75, a magical number in one way, said Linneman, because that’s when people usually begin moving into senior housing. When this huge and demanding demographic is ready for the next stage of their lifestyle, rest assured: “It will explode,” he said. “Right now senior housing is a food group in real estate, but it’s like vegan or something, not that established. In 25 years it will be a major food group.”

 

Shopping Malls On Road to Extinction

Over the next 25 years, most shopping malls will be extinct, according to the experts. The world of the American shopping mall, said Kenneth Riggs, president and CEO of Real Estate Research Corp., “has been a Darwinian environment since the 1990s with the advent of big-box retail and the ‘Wal-Marting’ of the world – and it will stay that way.” In other words, expect malls to continue their decline due to the rise in e-commerce, with only those consistently producing very strong revenues still doing business in 25 years.

VacantMallAs the J.C. Penney’s in the U.S. and Sears in Canada and the U.S. continue to lose market share to online retailing, “you’re going to see more dead malls where the anchors go dark and ultimately are worth only the land they’re built on,” said Tom Bohjalian, executive vice president at Cohen & Steers, the first investment company to specialize in listed real estate.

Teardowns may not be the only way to capture value in defunct malls, though, said

Rick Fedrizzi, president, CEO and co-founder of the U.S. Green Building Council. He predicts that with re-purposing, they’ll be a useful resource when our way of life swings back to revolving around more compact communities. “Established places like shopping malls will become like town centers, where people can come together, where their doctors and day care will be, where they can gather after major devastations.”

Your Security Matters to Dino’s

Dino’s self storage facilities have many lines of defense to protect your property – fences, locked indoor storage buildings, security cameras etc. But, the last line of defense for your goods is a solid, reliable lock on your individual storage unit.

Even in the most sophisticated and well-maintained facilities, such as ours, break-ins have occurred. It’s virtually impossible to be aware of what everyone on our property is doing at any given moment. Our security cameras serve as a deterrent to would-be thieves. But they may not deter the most determined thieves.

Our security gates only allow access for our current tenants. But, it may be possible for somebody to speedily step on the gas following a tenant and beat the gate shutting back, and get onto the property.

A serious, solid secure lock on your personal storage unit is the best and final measure to provide an extra layer of protection for your property.

disclockTo that end, we exclusively sell locks from Chateau and most strongly recommend the Chateau Disc Lock – the best padlock on the market.

This disc lock offers a solid combination of security and ease-of-use. In fact, it’s just as fast for you to take on and off as any other simple padlock. Just one twist of the key will get you in and out. It is, ,however, a much different story for anyone hoping to tamper with your lock. These disc locks are extremely difficult to remove. For that very reason, we strongly recommend them for the to our self storage customers.

The Chateau Disc Lock is a super secure device. Note in the photo that the rounded latch is only partially exposed at the top of the lock. That piece right there is specially hardened, and impossible to cut with regular bolt cutters. It just can’t be done. Thereis no place on the lock body for industrial bolt cutters to find a place to cut. This lock will reliably defeat any pair of bolt cutters your average thug would have on hand.

It may be possible to “rake” these storage locks open with a combination of a professional pick and a homemade tool, but that would take an in-depth knowledge of lock-picking to do quickly and effectively. All in all, this Chateau Disc Lock is one of the most widely used locks on storage properties today.

We also sell a variety of moving and storage supplies provided by Chateau to give the best available quality to our customers.

Everything to Meet Your Needs!

Dino’s Storage facility for midtown Omaha is conveniently located at 5328 Center Street. It’s a modern facility offering 24/7 access to climate controlled storage units

DinosCenterStKerryOffice hours are from 8:30 a.m. to 4: 30 p.m. Monday, Tuesday, Thursday and Friday as well as from 9 a.m. to 1 p.m. Wednesday and by appointment on Saturday. The office is closed on Sundays.

If you live or work in the midtown area, it’s the perfect place for you to store records, tools, holiday items and other items that you don’t need to clutter your office, home or garage year-round.

The facility offers monthly rentals and has security cameras. And, to make it easier for you, Dino’s midtown facility is an authorized agent for Penske moving trucks.

Stop by and visit the onsite manager, Kerry Lambert. She will be glad to answer all your questions and welcome you to the secure, convenient low-cost services of Dino’s Storage.

The phone number is (402) 504-4600.

And if Dino’s midtown Omaha location isn’t convenient for you, we have facilities in Millard at 14301 Josephine St., near Midtown Crossing at 2724 Douglas St., in Bellevue at 1001 Cornhusker Rd., in Papillion at 921 Cedardale Rd., in Elkhorn at 20800 West Dodge Rd., in downtown Omaha at 2757 Harney St. and in northwest Omaha at 14650 West Maple Rd.

Dino’s also has storage facilities in Bondurant, Iowa, and in southeast and north Des Moines, plus a facility in Winnipeg, Manitoba.