James Jamicich Real Estate

09/01/2026

Yes, I do think AI will take over brokerage.

Well... kind of.

I think the same is true for insurance, accounting, banking, law, and financial advising. Essentially any "transaction work" that's low risk, low reward. The smaller stuff. People will take the cheap, quick fix as long as the risk and the cost stay low.
- Leasing a 3,000 SF warehouse.
- Buying auto or home insurance.
- A basic tax return for a W2 employee.

What I'm not talking about is the high risk, big dollar work. That still needs the human element.
- Brokering and lending on a $4,000,000 warehouse acquisition.
- Accounting and insurance for a business with 100 employees.
- Financial advising for a client worth $50,000,000.

It's like taking blood pressure vs. heart surgery. Let the robot take my blood pressure. I don't care. Just get it done fast so I can leave the doctor's office.

But heart surgery? The surgeon can use whatever AI or machines they want. I just want to know a human is pulling the strings and calling the shots at the end of the day.

This is a relationship business, and nothing replaces the human element. There's always the fear that AI misses something. A glitch in the system. The unknown unknowns.

08/24/2026

Why buy existing when you can just build new? Here's a story:

I've been talking with a client for about a year. They're in dire need of a larger facility but haven't been able to find anything that fits.

So they did the logical thing: got some land under contract, hired an engineer, architect and a GC, and started designing a building.

After months of work, planning, meetings, time, and money; the bids came in too expensive.

Back to the architect and engineer. More expenses. Shrink the building. Re-bid.

Then they went to the bank. The bank said, "hold up... we need an appraisal." Say the building costs $1,000,000 to build and appraises at $700,000. That $300,000 gap comes out of the owner's pocket, in cash.

This is the headache many are experiencing and why people aren't developing.

It's also why buyer demand for quality warehouse space keeps climbing in Fort Wayne and across most of the Midwest.

08/17/2026

Last year I spoke with one of the top CRE brokers on the west coast.

I asked him what he did that made him different than all the other brokers. He gave an answer I have never heard before:

"I am like a virus. As soon as I get in I never leave"

Sounds dark but he was talking about his client relationships. He takes such great care of his clients and provides them with tremendous value that they never leave to go elsewhere.

BE A VIRUS!

08/06/2026

Actual conversation with a client:

Them - "I just bought some ocean front property"
Me - "Nice! Where at?"
Them - "Fort Wayne. Its 2 acres of I2 zoned shovel ready ground which is basically the equivalent of finding oceanfront property around here."

08/03/2026

Starting out, I thought real estate brokerage would be like Wall Street. Fast paced, high flying, deal making non stop.

Years and deals later, I've come to realize it's a lot more like gardening. You plant seeds. You water. You let God handle the in between. And eventually it bears fruit (or in this case, green beans).

Some of the relationships you plant take years to produce anything at all. A lot of seeds I planted 3 years ago are just now starting to take form.

But they do produce as long as you are patient and follow the process. Keep planting, watering, and eventually the harvest comes.

07/31/2026

To everyone hoping construction costs would finally come down... I have some bad news.

I was talking to a general contractor friend of mine. He said Nucor just went through another price increase.

Nucor (the largest steel producer in North America) started 2026 at $950/ton for hot-rolled coil. As of late July, it's at $1,145/ton. That's a 20%+ increase in seven months.

Why does this matter for Industrial real estate?

Steel typically makes up about 1/3 of the total material cost of an industrial building. When steel jumps 20%, that alone adds roughly 6-7% to the overall build cost before you factor in the elevated costs of other materials and labor we've been seeing across the US.

The end result: those costs get passed straight through to the end user. New construction pricing isn't coming down anytime soon. This is bad new for developers.

On the flip side this makes existing industrial buildings keep looking more valuable by comparison. Good news for existing owners.

Send a message to learn more

07/30/2026

Check out our new listing!

Historic Mixed Use Retail / Warehouse for Sale!

1916 S Calhoun St, Fort Wayne, IN

- Located in the Historic South Calhoun Corridor with a unique combination of original features and modern utility.
- Opportunity Zone district with façade grant opportunities.
- 2 off street stairwell entrances for upstairs office / residential with original finishes, door jams, pocket doors.
- 14,424 sqft warehouse addition completed in 1999.
- Full Architectural, structural, code adaptation, and asbestos assessment completed by Design Collaborative. Phase 1 completed by SES Environmental.
- Adjacent .17 acre gated lot available to be purchased separately (1921 S Calhoun St).
- Seller Financing available with acceptable offers.

Listing Link: https://www.crexi.com/properties/2640432/indiana-historic-mixed-use-retailwarehouse

Brokerage: https://rev-cre.com/

Phone: 260-363-3344

07/21/2026

Flex Warehouse/Training Facility for Lease!

2017 West 6th Street, Mishawaka, IN 46544

- 2 Minutes off US 20 and 6 miles to 80/90 for easy customer and employee access.
- Directly between IU South Bend and Marion High School.
- Recent upgraders to roof, lighting fixtures, and gutters.
- Potential for multiple tenants and flexibility for multiple users.
- Private parking lot with potential to add parking to the rear of the building.

Listing Link: https://www.crexi.com/lease/properties/1197205/Mishawaka-IN-46544?recommId=03060998b3cec3eb132da157814129fa

Brokerage: https://rev-cre.com/

Phone: 260-363-3344

Virtual Walkthrough: https://www.youtube.com/watch?v=yBzocBMG_1E&t=68s

Walkthrough video of Turn Key training facility located in Mishawak...

07/14/2026

What does every business owner/entrepreneur I talk to have in common?

Almost all of them had a job when they were young. Paper routes, lawn mowing, dish washer, cashier, etc.

I don't believe this is a coincidence. My assumption is these jobs instilled the right traits, character building, and valuable lessons from an early age that carried over into their business.