People Need People
The beginning of 2017 has been interesting and fast paced. We’re adjusting to a new president’s priorities that he is implementing at warp speed. We are focused on the challenge of the news media and a clearer understanding of how they are the watchdogs of government. And, to top it all off, folks are trying hard to decipher fake news in social and mainstream media. With so much swirling in our everyday sphere, it’s difficult to keep up with the world and also get much-needed work done.
Paying attention to the factors that indicate a region’s health is important when making business decisions. The real estate market — commercial and residential — are clear indicators and are just as important as the unemployment numbers and retail. The health of the metro Lansing region is quite good. Housing costs are rising and homes are selling. The commercial sector is solid as well.
Understanding the balance between the digital age of business and brick and mortar and how they will collide over the next few years will be interesting. As well as the appreciation we are going to have for the news media as world events play out. I believe the course correction of purchasing products in isolation will shift. People need people. We should want to venture out of our domicile and interface with the world at some level. We also do better work when we engage together. An idea builds from one person to another.
As we discuss the commercial real estate market, I’m paying closer attention because I find myself to be a small-scale commercial property owner. Today, my husband and I own four buildings on Seymour Avenue in downtown Lansing. We are renovating the largest building for my team, but will lease the other three to small businesses this year.
Our first property is ready to go. It’s a 2,400 square foot multi-office, two-story with parking and beautifully refinished bathrooms, kitchen and floors. The investment was larger than I anticipated and the sweat equity made me appreciate the property even more. And, I’m hopeful the other two buildings will be ready this summer. It’s an exciting new chapter and I’m looking forward to bringing more businesses downtown – a place that I love.
I want to thank all of those who supported the business leaders and its community at this month’s GLBM Entrepreneurial Awards event. I enjoyed learning from innovator Craig Dubitsky of Hello Products and truly appreciate the sponsors who made it all happen including MSUFCU, Physicians Health Plan, FireKeepers Casino & Hotel and many more.