News
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9/10/20 Complex Appraisal Problems
Joseph J. Blake & Associates, Inc. is one of the nation’s largest, independent valuation firms that has a sole focus on the valuation of real property, but also includes a going-concern component, where applicable (i.e., hotels, c-stores, etc.). With … See More
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8/10/20 Real Estate Appraisals for the IRS: The Importance of Quality
Given the recent downturn in the real estate markets due to COVID-19, many property owners are accelerating their plans for gifting due to the market volatility, which leads to increased discounts for partial ownership interests in real estate … See More
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7/09/20 Spotlight On... the Retail Market
Before the COVID-19 pandemic, the retail real estate market was in a state of flux due to e-commerce, along with the completed, pending and anticipated bankruptcies of retailers. The news is not all bad, though, as grocer-anchored retail centers have … See More
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5/28/20 Spotlight On... the Office Market
The COVID-19 pandemic has created concerns and significant unknowns not experienced for generations. The full impact on real estate in particular will not be clear for many months, with some market segments suffering to a greater degree than others. The … See More
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3/20/20 Continuity Plan and Significant Protocols in the Face of the COVID-19 Pandemic
Recent concerns about the spread of the COVID-19 virus are impacting how Americans do their job nationwide.
We want to assure our clients that we are open for business as usual. Our continuity program is designed to allow Blake to be well-prepared to maintain its ability to serve our clients and operate without disruption during the outbreak.
As we move forward in this challenging time, we are ensuring our employees’ safety and preserving their ability to work in … See More
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6/16/19 Managing Director Colby Brockman, MAI opens office in Metropolitan Phoenix
Longtime Arizona resident and newly appointed Managing Director Colby Brockman, MAI, will head the Scottsdale, Arizona office, expanding Blake’s existing market coverage deeper into the Southwest region. Mr. Brockman began his appraisal career with Blake in 2006, after receiving a bachelor’s degree from Arizona State University. In addition to earning his MAI designation from the Appraisal Institute, Mr. Brockman is a State-Certified General Real Estate Appraiser in Arizona, California, and Nevada, and has in-depth appraisal experience in many of the western states’ real estate markets.
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5/01/19 New office opened in San Antonio, Texas
Thomas Beighley, formerly in the Dallas office, will take the reins in the San Antonio, Texas office. An undergraduate of Tulane University, he matriculated at and graduated from the University of New Mexico with an MBA degree, and has been associated with Blake since 2001. He is a State-Certified General Real Estate Appraiser in Texas, Colorado, Georgia and Louisiana, a licensed Texas broker and an advanced candidate for the Appraisal Institute’s MAl designation.
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11/15/18 National Net Leased Portfolio Recently Appraised
Joseph J. Blake and Associates recently completed appraisals on a portfolio of 32 net leased properties around the country. Coordinated by Blake’s Southwest (Dallas) office, the properties were located in major and secondary markets within 16 states. Comprising 31 single-tenant and one multi-tenant property, the portfolio totaled nearly 170,000 square feet, with tenants represented by regional and national banking entities, fast food and fast casual restaurants, general retailers, a pharmacy and a telecommunications company.
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10/01/18 Shops at North Bridge in Chicago Recently Appraised
The Chicago Office of Joseph J. Blake and Associates recently completed an appraisal on the Shops at North Bridge for an institutional investment manager. A four-story, urban regional shopping center located on Chicago’s “Magnificent Mile,” also known as the “Mag Mile,” North Bridge totals nearly 700,000 square feet over six city blocks, and includes a multi-level, nearly 1,200-space parking garage. Represented as a significant retail property in an area recognized for its high-end shops, North Bridge is anchored by Nordstrom and includes other well-known tenants such as Eataly, …
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9/03/18 Scott Dugas awarded MAI designation by the Appraisal Institute
Scott Dugas, Director in the Pacific North office of Joseph J. Blake and Associates, was recently awarded the MAI designation by the Appraisal Institute. The MAI designation represents the “gold standard” of qualifications for commercial real estate appraisers throughout the world, requiring a high level of dedication, experience and proficiency. A graduate of the University of Oregon with a Bachelor of Science degree in Psychology, Scott has been an appraiser for approximately 15 years, the last five of which have been with JJB. Scott resides in Martinez, California, with his wife Lauren …
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