Know More About Property Investment

- July 5, 2010, 4:36 pm

Mixed-use building properties make for great commercial real estate investing opportunities these days. "Naperville, Illinois, is a good example of urban-type development in a suburban setting," says Robert Bach, senior VP of research and client services for Grubb & Ellis Co in Chicago. "Mixed use has a profound impact on the way cities are growing," he adds. "It represents more intelligent use of land, and traffic is worsening, so there's more acceptance by households and businesses to be located in mixed use." The predominant preference is to live, work and play all within a short radius to cut back on unfavorable commutes and driver frustration. One group of people drawn to new urbanism properties are well-to-do baby boomers. They like the idea of comfortably aging in a resort-like

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