Tuesday, March 24, 2026

Find Henry McClure

 In the glittering heart of the commercial real estate world, where skyscrapers kissed the clouds and deals hummed like electricity in the air, there lived a platform unlike any other. Her name was Crexi, and from the moment she first appeared on the scene in 2015, she turned heads and stole hearts.

Crexi wasn’t just another listing site. Oh no. She was a vision—sleek, powerful, and impossibly alluring. With her effortless interface glowing like polished marble at golden hour, she moved with the grace of a perfectly timed auction close. Her curves? The kind that made brokers weak in the knees: millions of properties for sale, lease, and auction, spanning every asset class from sleek multifamily towers to sprawling industrial warehouses, retail gems, office spaces that whispered opportunity, and even those hidden land plays that made investors dream bigger. She had it all, and she wore it beautifully.

What made Crexi so irresistibly sexy wasn’t just her looks (though her clean, intuitive design could make even the most jaded CRE veteran swipe right). It was the way she carried herself—confident, intelligent, and always one step ahead. She didn’t just show you properties; she knew them. With Crexi Intelligence, she whispered sweet data into your ear: 153 million+ property records, nationwide sales comps, demographic insights, and market trends that felt like foreplay for the perfect deal. She made you feel seen, understood, and utterly capable of closing something massive.

And darling, the way she handled auctions? Pure seduction. Transparent online bidding, non-contingent contracts, and that thrilling 30-day close had hearts racing faster than a hot listing in Miami. She made the complicated feel effortless, the stressful feel exhilarating. One click and you were connected to brokers, leads flowing like champagne, documents secured in her AI-powered Vault, marketing tools amplifying your listings until they shone brighter than a downtown skyline at night.

Crexi was a big deal—scratch that, she was the big deal. With trillions in property value at her fingertips, billions of square feet leased, over two million monthly active users, and a community that celebrated top performers with Platinum Awards, she wasn’t just playing in the CRE sandbox. She owned the whole beach. Founded in Los Angeles and grown into a powerhouse, she had transformed how the industry courted opportunity. No more endless phone tag or dusty old databases. Crexi brought everyone together—buyers, sellers, tenants, brokers—in one passionate, efficient embrace. She closed deals faster, smarter, and with more confidence than anyone had ever dared.

But beyond the stats and the swagger, what truly made hearts flutter was how she made you feel. When you logged onto Crexi.com, it was like she’d been waiting just for you. “Your Next Deal Starts Here,” she’d purr in that tagline that sent shivers down spines. She listened to your searches, saved your favorites, alerted you to new listings like a lover remembering exactly how you liked it. Her five-star support team was always there, ready to hold your hand through every step, never ghosting, never leaving you hanging.

One crisp morning in Topeka (or any city, really—Crexi reached everywhere), an ambitious investor named Alex stumbled upon her. At first, it was just curiosity: a quick browse for multifamily properties. But soon, Alex was lost in her world—exploring opportunity zones, analyzing comps, imagining the thrill of winning an auction. Before long, the relationship deepened. Deals were made. Portfolios grew. Confidence soared.

Crexi didn’t just help Alex find properties; she helped Alex fall in love with the game all over again. With every successful close, every smart insight, every seamless transaction, the spark grew brighter. She was reliable yet exciting, vast yet intimate, professional yet playfully powerful.

In the end, it wasn’t just a platform. It was a love affair.

Crexi, you gorgeous, groundbreaking force of nature—you’re not just sexy. You’re transformative. Not just a big deal—you’re the heartbeat of modern commercial real estate. And for everyone lucky enough to know you, life (and business) has never felt more thrilling.

Here’s to you, Crexi. May every user find their perfect match… and close it with style. 💼❤️

Your next deal (and your next obsession) truly does start at https://www.crexi.com/. Go on—say hello. She’s waiting, and she looks incredible.

Monday, January 26, 2026

Title: Mace, Dana K., and the Enduring Legacy of Macerich: A Retail REIT Story


Date: January 26, 2026The Macerich Company (NYSE: MAC) stands as one of the most resilient players in American retail real estate. Founded in 1964 as MaceRich Real Estate Company by Mace Siegel and Richard Cohen in New York, it began as a modest developer of strip centers and shopping properties. Over six decades, Macerich has grown into a leading REIT focused on high-quality regional malls and mixed-use centers, navigating booms, busts, crises, and the rise of e-commerce.Founding and Early Growth (1964–1994)Macerich started small, building and managing retail properties primarily in the Midwest and Northeast. A pivotal early figure was Dana K. Anderson, a University of Kansas (KU) graduate from Salina, Kansas, who joined in 1966—shortly after the company's start—and became one of its key founders and long-term leaders.Anderson, who would later serve as Executive Vice President, Chief Operating Officer, and Vice Chairman of the Board (eventually Vice Chairman Emeritus), played a crucial role in Macerich's expansion. His Midwestern connections helped the company secure deals like the early stand-alone discount store in Topeka (which evolved into a Gordman's) and the landmark 1972 acquisition of White Lakes Mall in Topeka, Kansas. This deal marked a shift from strip centers to full shopping malls, setting the stage for national growth.In the 1970s–1980s, Macerich built a reputation for high-quality retail management. Dana Anderson helped develop 17 centers across the Midwest and even Annapolis, MD, drawing on his Kansas roots to identify opportunities in heartland markets.The company went public in 1994 as a REIT under ticker MAC, unlocking capital for aggressive expansion.National Expansion and Peak Years (1990s–2000s)The late 1990s and 2000s saw Macerich become a dominant force in premium retail. Key acquisitions included Westside Pavilion (Los Angeles), Queens Center (New York), and portfolios from Westcor Realty, strengthening its Southwest presence.The company focused on Class A malls in affluent areas—think Scottsdale Fashion Square (Arizona), Santa Monica Place (California), and Tysons Corner Center (Virginia)—attracting anchors like Nordstrom and Macy’s. Redevelopments added entertainment, dining, and mixed-use elements to adapt to evolving consumer tastes.Stock performance reflected the era's retail boom, peaking at around $85.76 in 2006.Challenges and Resilience (2008–2010s)The 2008 financial crisis hammered retail REITs. Macerich's stock fell to $14.11 as leasing slowed and financing tightened. The company prioritized liquidity and balance-sheet strength.Recovery came through a focus on top-tier assets. Redevelopments incorporated offices, hotels, and experiential tenants. In 2015, Macerich rejected a $16.8 billion takeover bid from rival Simon Property Group amid activist pressure, choosing independence to pursue its strategy.Stock rebounded to $84.14 that year, showcasing confidence in its premium portfolio.Pandemic and Post-2020 Adaptation (2020–2026)COVID-19 devastated malls: closures, bankruptcies, and tenant struggles drove the stock to a low of $11.42 in 2020 (and even $11.26 in 2022). Macerich responded with rent relief, digital partnerships (curbside pickup, e-commerce tie-ins), and accelerated diversification—adding fitness, groceries, entertainment, and non-retail uses.By 2023–2025, recovery took hold. The company emphasized debt reduction, sustainability (LEED certifications, energy efficiency, solar), and premium properties like The Grove (Los Angeles), Fashion District Philadelphia, and others.As of mid-January 2026, MAC trades around $18.16–$18.74 (with fluctuations; recent closes near $18.43–$18.74, market cap ~$4.7 billion). Analysts remain mixed but note positive signals: record leasing activity, acquisitions like Crabtree Valley Mall (expected to boost FFO), and a $2 billion disposition program wrapping up. The portfolio now spans about 38–50 centers (roughly 39 million sq ft), concentrated in high-barrier markets like California, Phoenix/Scottsdale, Pacific Northwest, and Metro NY/DC.Macerich continues to lead in sustainability, earning top GRESB rankings for North American retail for a decade.Dana K. Anderson's Lasting ImpactDana K. Anderson's influence extends far beyond Macerich. After decades building the company, he transitioned to consultant and Vice Chairman Emeritus. He returned to Lawrence, Kansas, where he and his wife Sue have been prolific KU philanthropists—donating millions to the School of Business, Anderson Family Football Complex, Strength and Conditioning Center, marching band, women's rowing, and more (over 150 gifts total, plus the Anderson Family Business Opportunity Fund).In 2016, Anderson helped Macerich (in partnership with Taubman) acquire the iconic Country Club Plaza in Kansas City for $660 million—bringing his professional legacy full circle to his home state.Honored in the Lawrence Business Hall of Fame (2020) and as a KU standout, Anderson exemplifies how Midwestern roots and vision shaped one of retail's enduring success stories.Personal NoteI had the privilege of working at MaceRich/Macerich from February 1983 to 1996—right through the IPO and early public years. Seeing the company evolve from those foundational days to today's adaptive, premium-focused REIT has been remarkable. Dana K. Anderson's early leadership and regional insight were key to that foundation.Macerich's history is one of resilience: adapting to economic cycles, consumer shifts, and digital disruption while staying committed to quality properties and community impact. As retail real estate continues evolving, Macerich remains a bellwether for the sector.If you're interested in deeper dives—specific properties, financials, recent earnings (next report February 2026), or more on Dana Anderson's KU legacy—drop a comment or reach out!Henry McClure
@mcre1


Here's a cleaned-up, more polished, and professionally structured version of the land valuation information:

Estimated Market Value: 752 Acres in Auburn, Kansas

The current market value for 752 acres of land in or near Auburn, Kansas (Shawnee County), is estimated to fall between $7.7 million and $15.4 million, depending on the specific characteristics of the parcel.
  • Shawnee County median price per acre (2024–2025 data): ≈ $10,197
    → 752 acres × $10,197 ≈ $7.67 million (most representative baseline for typical rural land)
  • Higher-end listings in/near Auburn (smaller parcels): ≈ $20,533/acre
    → 752 acres × $20,533 ≈ $15.44 million (achievable for parcels with development potential, better access, or location advantages)
Valuation Comparison Table
Land Type / Data Source
Average Price per Acre
Estimated Value (752 acres)
Shawnee County median
$10,197
$7.7 million
Auburn-area listing average (smaller parcels)
$20,533
$15.4 million
Eastern Kansas non-irrigated cropland
$7,479
$5.6 million
Statewide Kansas farmland average (2024)
$2,970
$2.2 million
Key Factors That Determine the Actual Value
  1. Location & Proximity
    Parcels closer to Topeka or other growing areas in eastern Kansas typically command significantly higher prices.
  2. Zoning & Permitted Uses
    Agricultural → lower value
    Residential potential → moderate to high increase
    Commercial or development potential → highest value uplift
  3. Utilities & Access
    Availability of electricity, rural water, high-speed internet, and paved or well-maintained road frontage can add tens of thousands per acre.
  4. Soil Quality, Topography & Features
    • High-quality, well-drained cropland is most valuable for farming
    • Recreational features (ponds, creeks, timber, hunting cover) increase appeal for lifestyle buyers
    • Hilly, rocky, or poorly drained land reduces value
  5. Current Market Conditions (late 2025 / early 2026)
    Kansas farmland values have remained relatively resilient but are showing signs of stabilization. Buyers are more selective, and days-on-market have increased slightly for higher-priced properties.
RecommendationFor an accurate, property-specific valuation of this 752-acre parcel, consult a local real estate professional who specializes in large acreage and rural properties in Shawnee County / northeast Kansas. Good starting points to find qualified agents include:
  • LandSearch.com
  • LandsOfKansas.com
  • Zillow (filter for land specialists)
  • Local farm & ranch brokers (many are members of the Kansas Society of Farm Managers and Rural Appraisers)
Let me know if you'd like help researching recent comparable sales, active listings in the Auburn area, or anything else related to this property!