Office Spotlight 2016

West Michigan Office Spotlight
February 2016
Wisinski of
West Michigan

Personalized service &
collaborative teamwork.
Why NAI?
Your business is our business. Personalized service and collaborative teamwork form the core of our philosophy. We provide custom
solutions focused on your business objectives, taking a fiduciary position with your asset to maximize value at each point of the
process.
We will listen, take a holistic view of your business and apply our commercial knowledge to maximize potential, guide your
investment and add value. When appropriate, we are eager to push the boundaries and do things differently, as our
singular purpose is to achieve better outcomes for our clients. We are local and we are global. Our diversified platform spans from
Grand Rapids across North and South America and the Caribbean, Europe, the Middle East and Africa, and in the Asia Pacific
region.
With our careful selection of seasoned professionals who are deeply rooted in their markets, we have developed our business to
support yours over the long-term. And as you look at growth markets, so do we—with more offices globally than any other
commercial real estate firm, we are actively expanding in strategic locations so we can help you stay ahead of your competition.
In the spring of 2011, two successful and reputable companies, The Wisinski Group and NAI West
Michigan merged. The merger represents collaboration, rich traditions, innovative technologies,
unique cultures and diversity of skills and specialties which ultimately benefit our clients. We’re going
back to our fundamentals, strengthening our core and becoming stronger in the services we provide
our clients. Our focus is simple, building client relationships for life by offering market appropriate ad-
vice and then executing. Our success is a direct result of its unwavering commitment to providing the
best possible service to each and every client. Our Brokers, with their 562 plus years of combined
experience (20.1 years average), possess the knowledge and expertise to manage the most complex
transactions in industrial, office, retail, and Multi-Family specialities throughout West Michigan.
Trusted to do
what we say we will do.

Achieve More.
Local Knowledge. Global Reach.
Meet Our Office Team
Doug Taatjes
CCIM, SIOR
616 292 1828
dougt@naiwwm.com
Marc Tourangeau
MBA
269 207 3072
marct@naiwwm.com
Jeremy Veenstra
616 242 1105
jeremyv@naiwwm.com
Kara Schroer
269 459 0435
karas@naiwwm.com
Mary Anne Wisinski-Rosely
CCIM, SIOR
616 575 7047
mawr@naiwwm.com
Stanley J. Wisinski, III
CCIM, SIOR
616 575 7015
sjw@naiwwm.com
Russ Bono
616 242 1115
russb@naiwwm.com
Dick Jasinski
616 575 7003
dickj@naiwwm.com
Office Specialists
Rod Alderink
616 242 1104
roda@naiwwm.com
Jason Makowski
616 575 7034
jasonm@naiwwm.com
Hillary Taatjes Woznick
616 242 1113
hillary@naiwwm.com

330 Market Ave.
LEASE: 3,900 SF
Jeremy Veenstra
545 Michigan St. NE
LEASE: 1,030 - 4,300 SF
Mary Anne Wisinski-Rosely, CCIM,
SIOR
Jason Makowski
38 Commerce
LEASE: 2,769 SF
SIOR
Jason Makowski
100 Grandville Ave. SW
LEASE: 1,329 - 2652 SF
Doug Taatjes, CCIM, SIOR
1500-1550 E.BeltlineAve.SE
LEASE: 567 - 7,530 SF
330 Market Ave.
LEASE: 3,900 SF
Jeremy Veenstra
545 Michigan St. NE
LEASE: 1,030 - 4,300 SF
SIOR
Jason Makowski
38 Commerce
LEASE: 2,769 SF
SIOR
Jason Makowski
LEASE: 1,329 - 2652 SF
LEASE: 567 - 7,530 SF
330 Market Ave.
LEASE: 3,900 SF
Jeremy Veenstra
545 Michigan St. NE
LEASE: 1,030 - 4,300 SF
SIOR
Jason Makowski
38 Commerce
LEASE: 2,769 SF
SIOR
Jason Makowski
LEASE: 1,329 - 2652 SF
LEASE: 567 - 7,530 SF
330 Market Ave.
LEASE: 3,900 SF
Jeremy Veenstra
545 Michigan St. NE
LEASE: 1,030 - 4,300 SF
SIOR
Jason Makowski
38 Commerce
LEASE: 2,769 SF
SIOR
Jason Makowski
LEASE: 1,329 - 2652 SF
LEASE: 567 - 7,530 SF
Samples of Available NAI Wisinski Office Properties (for a complete list, visit naiwwm.com)

330 Market Ave.
LEASE: 3,900 SF
Jeremy Veenstra
545 Michigan St. NE
LEASE: 1,030 - 4,300 SF
SIOR
Jason Makowski
38 Commerce
LEASE: 2,769 SF
SIOR
Jason Makowski
LEASE: 1,329 - 2652 SF
LEASE: 567 - 7,530 SF
330 Market Ave.
LEASE: 3,900 SF
Jeremy Veenstra
545 Michigan St. NE
LEASE: 1,030 - 4,300 SF
SIOR
Jason Makowski
38 Commerce
LEASE: 2,769 SF
SIOR
Jason Makowski
LEASE: 1,329 - 2652 SF
LEASE: 567 - 7,530 SF
330 Market Ave.
LEASE: 3,900 SF
Jeremy Veenstra
545 Michigan St. NE
LEASE: 1,030 - 4,300 SF
SIOR
Jason Makowski
38 Commerce
LEASE: 2,769 SF
SIOR
Jason Makowski
LEASE: 1,329 - 2652 SF
LEASE: 567 - 7,530 SF
330 Market Ave.
LEASE: 3,900 SF
Jeremy Veenstra
545 Michigan St. NE
LEASE: 1,030 - 4,300 SF
SIOR
Jason Makowski
38 Commerce
LEASE: 2,769 SF
SIOR
Jason Makowski
LEASE: 1,329 - 2652 SF
LEASE: 567 - 7,530 SF

West Michigan
Office Submarket Statistics
Methodology:The office market report includes office buildings within each of the
defined submarkets. Excluded are government buildings and institutional properties.
Q3 Snapshot
Submarket Total RBA Total
Available SF
Vacancy
Rate
Total Average
Rate ($/SF/Yr)
Total Net
Absorption (SF)
Total Under
Construction SF
Downtown
Class A 1,366,022 87,184 6.3% $19.91 2,769 188,562
Class B & C 7,914,748 621,317 7.8% $14.36 25,299 262,800
Total 9,280,770 708,501 7.6% $17.13 28,068 451,362
Northeast
Class A 294,197 15,943 5.4% $13.88 12,198 -
Class B & C 3,109,499 215,275 6.9% $13.92 20,748 -
Total 3,403,696 231,218 6.7% $13.90 32,946 -
Northwest
Class B & C 2,172,055 145,533 6.7% $10.90 43,759 -
Southeast
Class A 1,065,736 80,021 7.5% $19.49 - -
Class B & C 9,763,085 1,094,254 11.2% $10.89 137,570 -
Total 10,828,821 1,174,275 10.8% $15.19 137,570 -
Southwest
Class B & C 2,908,862 321,689 11.0% $10.92 -17,515 -
Overall Total 25,685,342 2,581,216 10.4% $13.60 224,768 902,724
The research information was provided by
CoStar Group, a commercial real estate
information and marketing provider. For ad-
ditional information about CoStar’s services,
please contact Michael Grammatico.
313-300-3862
mgrammatico@costargroup.com
To see our full Quarterly Market Reports, please visit our website naiwwm.com

-200,00 0
0
200,000
2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3
Absorp on & Deliv ery
Total Net Absorp on Class A Total Net Absorp on Class B&C RBA Delivered Class A RBA Delivered Class B&C
0.00%
10.00%
20.00%
2013Q3 2013Q4 2014Q1 2014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3
Vacancy Rate s
Vacancy Rates Class A Vacancy Rates Class B&C
$1.00
$25.00
2013Q3 2013Q4 2014Q12 014Q2 2014Q3 2014Q4 2015Q1 2015Q2 2015Q3
Total Rental Rates
Rental Rates Class A Rental Rates Class B&C

As an Accredited Management Orga-
nization® (AMO®) firm that has the expertise
to manage your investment at the highest level
of efficiency, NAI Wisinski of West Michigan
would be a valuable asset to your investment.
NAI Wisinski of West Michigan manages over
4 million square feet of commercial and indus-
trial property in the West Michigan area. Our
property management services are tailored to
meet each owner’s individual goals, and de-
signed to maximize the value of your property
assets.
We devise and implement a plan that
increases cash flow and return on your in-
vestment, ultimately creating additional value
for you. This goal may seem obvious, but it
is a challenge for investors everywhere. NAI
Wisinski of West Michigan Property Managers
begin with the fundamentals of property man-
agement, then think well beyond the obvious
to deliver innovative and actionable solutions
for your assets.
Tom Wiarda, CPM® Thomas Kilgore, CPM® Dan Wiarda
CPM Candidate
Abby Terpstra Heather Baker
Stan Wisinski
Property Management
Carlynn Lawrence Deb Adkins
Our Values and Principles:
Services
The following is a summary of the services NAI Wisinski of West Michigan provides under a full service
property management agreement.
Banking A local bank account(s) will be established for the property based in property requirements.
Collection Services We will collect rents from tenants on a monthly basis and deposit all funds in a timely
manner.
Financial Management Provide accurate bookkeeping by utilizing state of the art property management
software.
Accounts Payable We will review all invoices for services ordered in connection with operating and
maintaining the property and pay such invoices as they become due.
Contract Management We will negotiate and enter into contracts required in the ordinary course of
business for the operation and maintenance of the property such as snow plowing, lawn care, pest control
and HVAC maintenance.
Licenses We will maintain all applicable licenses and permits in connection with the operation and
management of the property.
Maintenance Provide prompt response to maintenance needs and 24 hour response to emergency needs.
Reporting Provide tailored computerized reports.
Tenant Relations Our service is enhanced by building long lasting relationships with tenants. Tenants
appreciate our attentive “hands on” approach to management.
Lease Administration We will track critical dates and enforce all lease terms.

Tax
Appeal Specialist
Your property will be automatically reviewed by Steve Johnson, our
Tax Appeal Specialist, to determine if a case can be built in your favor
to lower your property taxes. If so, we will begin the appeals process.
Steve is a Property Tax Consultant with GSA Property Tax Consultants
and is affiliated with NAI Wisinski of West Michigan. GSA has been
successfully appealing property taxes in Michigan for over 25 years.
They have demostrated superior market knowledge and aggressive
negotiating techniques. Their staff consists Michigan State certified
Assessors, Personal Property Examiners, Auditors, and a legal staff
well-versed in property tax law, municipal tax appeals, and all stages
of Michigan Tax Tribunal and State Tax Commission procedures. As
a result, their efforts have produced exceptional outcomes by saving
millions of dollars in taxes for our clients.
Keeping You Informed
During the appeal process, Steve will keep you informed of your case
status while continually gathering information to support your property
value. He has established a good rapport with many assessing offices
throughout Michigan and oversees every step of the appeal process to
ensure timely responses and accurate information.
Specialties
Commercial Properties
Industrial Properties
Apartment Complexes
Office Buildings
Retail Properties
Business Personal Property
Property Tax Research
Fair and Equitable Results
Litigation Support
Steve Johnson
Tax Appeal Specialist
(616) 575 7042
stevej@naiwwm.com

facebook.com/naiwwm
@naiwwm
nai-wisinski-of-west-michigan
OFFICE
Retail
Industrial
Land
Investment
Property Management
Multi-Family
Tax Appeal
Office Services Available
• Acquisition & Disposition
• Tenant Representation
• Property Leasing
• Management Services
• Research
• Valuation & Advisory
• Project Marketing
100 Grandville Ave SW Suite 100
Grand Rapids, MI 49503
616. 776. 0100 www.naiwwm.com

Office Spotlight 2016

Recommended

Recommended

More Related Content

What's hot

What's hot (20)

Viewers also liked

Viewers also liked (12)

Similar to Office Spotlight 2016

Similar to Office Spotlight 2016 (18)

More from Allison Seeley

More from Allison Seeley (20)

Office Spotlight 2016