GLD Commercial Archives | GLD Commercial

Marion Green Park Apartments groundbreaking at former YMCA site

MARION – Ground was broken on May 9 for the multifamily development to be known as Green Park Apartments. The property at 3100 10th Avenue, Marion was previously home to the YMCA for over 50 years. It’s now slated for a 147-unit residential development.

Instead of the original plan of three buildings,

GLD Commercial announces new principals

GLD Commercial announces new principals. Angie Glick-Martin, SIOR and Erica Seelman join company founders and principals Adam Gibbs, SIOR and David Drown, SIOR, CCIM.

Angie Glick-Martin, SIOR—Broker Associate
Angie has been with GLD since 2016. She’s involved in all aspects of commercial real estate on both a local and regional level

Your First Commercial Property Purchase

Things to consider when purchasing your first commercial property:

01 — What types of property interest you?
Property types:
• Industrial
• Office
• Retail
• Multifamily
• Hospitality

02 — How involved do you want to be?
Active or passive investor:
• Land development
• Land banking
• Value-add or stabilized

Sale-Leaseback Benefits

Sale-Leaseback Benefits

CCIM Institute definition:
In a typical sale-leaseback, a property owner sells real estate used in its business to an unrelated private or institutional investor. Simultaneously, the property is leased back to the seller for a mutually agreed-upon time period.

Benefits:
Opportunity to capitalize on favorable market conditions

Iconic former restaurant building

New ownership group breathes life into iconic former restaurant building

Cedar Rapids, IA — Sitting just shy of 8,000 square feet (SF), the prominent building at 1140 Blairs Ferry Road in Cedar Rapids has been home to several restaurant concepts over the years.

The building was originally constructed in 1993 and housed