Henry McClure has 44 years of real estate experience of real estate transactions of all kinds. Most of my career has been dedicated Shopping Mall re-development, commercial leasing, commercial sales, Mixed-Use/TIF redevelopment and sales of residential and commercial real estate. I have played real advisory roles including but not limited, commercial and residential development, leasing, zoning, real estate tax valuation, platting issues and Brokers Opinions. #mcre1
Thursday, November 16, 2017
Wednesday, November 15, 2017
Tuesday, November 14, 2017
Kansas Department of Labor will hold an auction on Thursday, December 14, 2017 at 10:00 AM
From: leasing.section@da.ks.gov
[mailto:leasing.section@da.ks.gov]
Sent: Tuesday, November 14, 2017 10:00 AM
To: Henry McClure <mcre@cox.net>
Subject: [ksleasing-capital] Auction-414, 416, 418, 420 SW Jackson-Shawnee County, Topeka, Kansas
Sent: Tuesday, November 14, 2017 10:00 AM
To: Henry McClure <mcre@cox.net>
Subject: [ksleasing-capital] Auction-414, 416, 418, 420 SW Jackson-Shawnee County, Topeka, Kansas
The Kansas Department of Administration, on behalf of the
Kansas Department of Labor will hold an auction on Thursday, December 14, 2017
at 10:00 AM for 22,912 +/- square feet of space (0.34 acres); commonly
known as 414, 416, 418, and 420 SW Jackson, Shawnee County, Topeka,
Kansas. The four (4) addresses/buildings will be auctioned as one (1)
entire parcel as considered by the Shawnee County Appraiser.
The auction will be held outside the buildings, weather
permitting. In the event the weather does not cooperate, the auction will
be held inside 420 SW Jackson, Topeka, Kansas 66603.
If you have questions, please contact:
Bobby Kosmala, CPM
Deputy Director of Leasing & Real Estate
Kansas Department of Administration
Office of Facilities & Property Management
Phone: (785) 296-0156
Or
Don Gabriel
Higenbotham Auctioneers, International, LTD, Inc.
913-708-0688
Thank you
Bobby Kosmala
Bobby Kosmala, CPM
Deputy Director of Leasing & Real Estate
Kansas Department of Administration
Office of Facilities & Property Management
700 SW Harrison, Ste. 1200
Topeka, KS 66603
Phone: (785) 296-0156
Fax: (785) 296-3456
Please Note: (New email &
physical address)
Monday, November 13, 2017
Wheatfield Apartment Component
Michael
J. McKeen
|President
EPC Real Estate Group
411 Nichols Rd Suite 225
Kansas City, MO 64112
(c) 816.912.7358
Sunday, October 29, 2017
Brain thing
Completed Classes:
Completed During 2017
Course # | Class Description | Date Started | Date Completed | Credits | Certificates |
E17720 | Drugs, Disasters and Other Disclosures (KS) | 10/28/2017 8:50:13 PM | 10/29/2017 6:31:38 AM | 3 credits (Elective) | Print Certificate |
E17718 | Building Green, Building Smart (KS) | 10/28/2017 4:27:34 PM | 10/28/2017 8:49:43 PM | 3 credits (Elective) | Print Certificate |
MB7750 | Required Broker Core (KS) | 10/28/2017 8:01:43 AM | 10/28/2017 4:25:39 PM | 3 credits (Mandatory) | Print Certificate |
M17751 | Required Salesperson and Broker Core (KS) | 10/28/2017 9:54:34 AM | 10/28/2017 1:02:05 PM | 3 credits (Mandatory) | Print Certificate |
Saturday, August 12, 2017
Tuesday, July 25, 2017
Monday, July 10, 2017
The 2016 Pizza Power Report:
A state-of-the-industry analysis
Shifting demographics and cultural changes will require bold new strategies for pizzeria operators in 2016.
RICK HYNUM
Millennials: A Generation of Foodies
What’s a Millennial, Anyway? |
Millennials are unlike any generation before them. At least, that’s what marketing professionals have been telling us for years now, and they may be right. But what they can’t seem to tell us for sure is, exactly what is a millennial? In their study, Pizza Lovers in 2015, quoted throughout this year’s Pizza Power Report, Smart Flour Foods and the Center for Generational Kinetics describe millennials as the generation born between 1977 and 1995. Research firm Technomic has a slightly different definition—those born between 1977 and 1992. Another research firm, Mintel, simply says millennials “are between the ages of 21 and 38,” which comes out to a birth date range of 1997 to 1994. |
He’s a foodie, she’s a foodie, you’re a foodie, I’m a foodie—an ever-growing love of good food may be the one thing Americans have in common these days, and that bodes well for the pizza industry. A 2013 study by advertising firm BBDO found that nearly 50% of millennials call themselves “foodies.” Members of this fast-rising generation don’t just eat their food—they engage and connect with it, seeking out new, more intense flavors, extreme textures, and ethnic and artisan dishes. They experience it and then record that experience with a snapshot on their smartphones and a quick post to Instagram.
Of course, millennials don’t have the foodie market cornered; they share it with baby boomers, many of whom also self-identify as foodies. But millennials are poised to take over the world: They already comprise more than half of the labor market and will likely start outspending baby boomers in the next several years. According to Mintel, millennials are projected to account for 30% of all U.S. retail sales by 2020. In short, every pizzeria operator needs to keep this customer demographic in mind if he wants to grow his business. “The tidal wave of 80 million millennials now entering the U.S. pizza market has created a host of new challenges and opportunities,” notes the Smart Flour Foods study. Millennials have their own way of making purchasing decisions and ordering pizza—they rely on their smartphones, often don’t carry cash, and have “the least established brand loyalty” of any generation today. But they’re not necessarily disloyal, the study’s authors conclude. “Millennials are hugely loyal to brands and restaurants to which they feel a connection, but many millennials simply haven’t established that loyalty yet.”
That’s in part because many millennials feel suspicious of corporate brands and place a high premium on authenticity. This means independent pizzerias that emphasize their hometown roots and owner-driven personalities may have an advantage in competing for millennials’ spending dollars. But to get their attention, you will have to move beyond traditional print advertising and direct mail and incorporate online ordering, the latest social media platforms (not just Facebook, which has faded with the younger crowd) and mobile technologies into your marketing plan. The Smart Flour Foods study reports that nearly ⅓ of millennials “use online advertising, social media and online ratings to gain pizza information versus less than 20% for those 35 and over.”
54% of millennials have taken a photo of their pizza and posted it online.
Friday, July 7, 2017
#topeka - Topeka Kansas
From: Molly Howey
[mailto:mhowey@topekachamber.org]
Sent: Friday, July 7, 2017 12:06 PM
Subject: Project Post Oak
Sent: Friday, July 7, 2017 12:06 PM
Subject: Project Post Oak
Hello,
I have a client looking for the following criteria. Please
send me any fliers for property that matches by Wednesday, July 12 at 9 a.m.
Real Estate Requirements
- Company is looking for
an existing, approximately 100,000 SF manufacturing / distribution
facility on approximately 10-15 acres.
OR
- A 10 – 15 acre
greenfield site with close proximity to Interstate 35 (see notes from
above).
- Client is heavily
focused on locations in a Severely Distresses NMTC census tract or in
communities that have the ability to offset this valuable federal
incentive program. The consultant will handle all aspects of
the NMTC transaction for their client in the selected community.
- While rail is not
required it could be in the future so real estate options submitted with
this asset could be an added plus.
- Real Estate options need
to be less than 3 – 5 miles from the interstate with access to I-35.
Thank you,
Molly Howey, CEcD
Senior VP, Economic Development mhowey@gotopeka.com Office: 785.234.2644 / Cell: 785.231.4707 120 SE Sixth Avenue, Suite 110 Topeka, KS 66603 |
Wednesday, June 21, 2017
If you play you have to pay....same goes for parking
We need to make a deal - Hey if that site is too small; let get you a new home.
Hello Henry A McClure,
Thank you for reaching us. We will review your email as soon as possible.
Have a great day!
From: Henry McClure
[mailto:mcre@cox.net]
Sent: Wednesday, June 21, 2017 5:02 PM
To: 'csmith@sasnak.com' <csmith@sasnak.com>
Cc: 'byounger@topeka.org' <byounger@topeka.org>; 'mcre@cox.net' <mcre@cox.net>
Subject: RE: Time to make a deal
Sent: Wednesday, June 21, 2017 5:02 PM
To: 'csmith@sasnak.com' <csmith@sasnak.com>
Cc: 'byounger@topeka.org' <byounger@topeka.org>; 'mcre@cox.net' <mcre@cox.net>
Subject: RE: Time to make a deal
Dear City of
Topeka,
John Parker of
Mainline Printing is a client of mine and has engaged my real estate services
to get Carlos O’ Kelley to Pay for using the Parking Lot or be able to remove
their cars lawfully.
Allsigns installed
signs in compliance with code and an officer said my signs did not comply.
I need to have the
proper signs and have the City bless the insulation of any additional signs.
I’m worried today
because of lack of crosswalks. I’m also worried that anyone thinks it is
condoned.
Please route this
to the proper channels and I want to get busy making a deal for rent or
remoaval of the cars.
Thanks.
Thanks
Henry McClure
785.383.9994 Direct
Time Kills
Deals
From:
Henry McClure [mailto:mcre@cox.net]
Sent: Wednesday, June 21, 2017 4:37 PM
To: 'csmith@sasnak.com' <csmith@sasnak.com>
Subject: RE: Time to make a deal
Sent: Wednesday, June 21, 2017 4:37 PM
To: 'csmith@sasnak.com' <csmith@sasnak.com>
Subject: RE: Time to make a deal
So there is no
misunderstanding
You are using the
Mainline Printing Parking lot without their permission.
I’ve asked you
Manager in Topeka not to do it or offer me rent for the luxury.
I had Allsigns
install signs that were to meet code and a Police officer said they did not
meet code. Well I’m going to get the signs right and start towing cars if we do
not have a lease agreement.
I going to contact
the City of Topeka and really all this data and in the long run you will pay
for parking or not park on our property.
Hey we all make a
living with real estate deals. No free lunch; NO free parking from now on.
H
Thanks
Henry McClure
785.383.9994 Direct
Time Kills
Deals
From:
Henry McClure [mailto:mcre@cox.net]
Sent: Friday, June 16, 2017 4:45 PM
To: 'csmith@sasnak.com' <csmith@sasnak.com>
Subject: Time to make a deal
Sent: Friday, June 16, 2017 4:45 PM
To: 'csmith@sasnak.com' <csmith@sasnak.com>
Subject: Time to make a deal
John Parker of
Mainline printing has retained me to get a lease with to for the parking you
use on his land in Topeka.
He owns tract – 4
(the old Sears parcel)
Let’s do a build to
suit on his pad.
Or relocate you
alltogerhter.
Thanks
Henry McClure
785.383.9994 Direct
Time Kills
Deals
From:
Carlos O'Kelly's [mailto:csmith@sasnak.com]
Sent: Friday, June 16, 2017 3:23 PM
To: mcre@cox.net
Subject: your Carlos O Kellys question has been submitted
Sent: Friday, June 16, 2017 3:23 PM
To: mcre@cox.net
Subject: your Carlos O Kellys question has been submitted
Hello Henry A McClure,
Thank you for reaching us. We will review your email as soon as possible.
Have a great day!
Monday, June 19, 2017
KC Hopps - Let's look at the Mall in Topeka.
KC Hopps
From: Henry McClure [mailto:mcre@cox.net]
Sent: Monday, June 19, 2017 1:48 PM
To: jklasuman@midwest-health.com
Cc: 'Greg Schwerdt'; 'Molly Howey'; 'Matt Pivarnik'
Subject: Over $800K
Sent: Monday, June 19, 2017 1:48 PM
To: jklasuman@midwest-health.com
Cc: 'Greg Schwerdt'; 'Molly Howey'; 'Matt Pivarnik'
Subject: Over $800K
I love your shark tank idea. Thanks that is good for Topeka.
You should consider your deals at the mall – KC Hopps
I’ve helped the in current leases over $525K in tenant
allowances at the mall.
On the table right now $300K to put tenants in the mall. WPG
is ready to make Topeka Great!
We can fund every deal; if it makes sense.
Thanks
Henry McClure
785.383.9994 Direct
Time Kills Deals
Thursday, June 8, 2017
Shawnee County 2037 Comprehensive Plan Final Open House Announced
(Shawnee County, KS) – The Shawnee County Planning Department, along with the consulting team of RDG Planning & Design and CFS Engineers, is reaching the end of developing a long-range Comprehensive Plan for unincorporated Shawnee County. The plan will guide the County as it makes decisions about the physical development of the county through the next 20 years. Accordingly, it addresses and establishes long-range policy for land use planning, transportation, economic development, housing, public facilities, cultural and natural resources, agricultural land, intergovernmental cooperation, and capital improvement planning.
To share the plan’s findings, objectives, and recommendations, a final public open house will be held Thursday, June 15 at the Big Gage Shelter Housing in Gage Park, 635 SW Gage Boulevard, Topeka from 7:00 pm to 8:30 pm. The consultants will present the current draft of the plan (available on the project website at http://rdgusa.com/sites/shawneecountyplan), and the rest of the open house will be an opportunity to conversationally react to and discuss the plan. Based on the input in this meeting, the draft plan will be finalized for adoption. Everyone with an interest is invited to attend.
As a “blueprint” for the future of the county, the plan must be based on the desires and vision of the county’s residents because ultimately the plan is created by, owned by, and championed by the community and its members. As a result, the open house will be followed by an adoption process with additional opportunities for comment. Stay tuned with an up-to-date schedule at http://rdgusa.com/sites/shawneecountyplan/meeting-announcements/.
For more information about planning in Shawnee County, the Shawnee County 2037 Comprehensive Plan, and public engagement activities, visit the project website or contact Thomas Dow, at tdow@rdgusa.com.
For more information about planning in Shawnee County, the Shawnee County 2037 Comprehensive Plan, and public engagement activities, visit the project website or contact Thomas Dow, at tdow@rdgusa.com.
Meet Molly
Molly Howey, director of business development, for GO Topeka, recently earned the International Economic Development Council’s designation of certified economic developer, a national recognition that denotes a mastery of skills in economic development, professional attainment and a commitment to personal and professional growth.
Molly Howey, CEcD
VP, Business Development & Attraction mhowey@gotopeka.com Office: 785.234.2644 / Cell: 785.231.4707 120 SE Sixth Avenue, Suite 110 Topeka, KS 66603 |
Topeka Kansas
From: Jackie Steele
[mailto:JSteele@gotopeka.com]
Sent: Wednesday, June 7, 2017 10:52 AM
To: Jackie Steele <JSteele@gotopeka.com>
Subject: Site Search
Sent: Wednesday, June 7, 2017 10:52 AM
To: Jackie Steele <JSteele@gotopeka.com>
Subject: Site Search
Dear Brokers,
I was recently contacted by a site selector looking for
undeveloped land to construct a new industrial facility. Please review the
criteria below. If you have a suitable site, please submit a marketing brochure
to Jackie Steele at GO Topeka at jsteele@gotopeka.com.
Undeveloped site for new facility
16-25 acres
Utilities at or near site
Industrial zoning that permits truck terminals
Ideal location is on the south side of town with access to
Highway 75
Fee simple purchase
If you have any questions please contact Jackie at
785-231-6029 or jsteele@gotopeka.com.
Thank you.
Jackie Carlson Steele
Vice President of Business
Retention & Expansion
jsteele@gotopeka.com Direct: 785.231.6029 / Mobile: 816.645.6962 120 SE Sixth Avenue, Suite 110 Topeka, KS 66603 |
Wednesday, May 17, 2017
Wednesday, May 3, 2017
RFP for PROJECT SUB
From: Molly Howey
[mailto:mhowey@topekachamber.org]
Sent: Wednesday, May 3, 2017 4:15 PM
Subject: Industrial Building Request
Importance: High
Sent: Wednesday, May 3, 2017 4:15 PM
Subject: Industrial Building Request
Importance: High
Hello,
I have attached a
detailed request from a business looking at locating in Topeka. Please respond
by Noon on Monday, May 8 with fliers for any property you have that meets or
nearly meets all the outlined criteria. Please read through the whole document
as it is exactly what was sent to me and there are some very specific requests.
A summary is below:
- Looking
for an existing stand-alone building - 150,000 to
200,000 s.f. with expansion capabilities of up to 300,000 s.f.
Underlying parcel of 15 acre-minimum size is preferred
- Rail-service
is not required but would be viewed as a positive for the project
- A
building that was previously used for food processing would be ideal;
however, they would also consider buildings that have been used for light
manufacturing or warehouse/distribution as well.
- Building
with pre-cast or tilt-up concrete panels is strongly preferred.
- Purchase
acquisition or lease to own is preferred
- Investment
in equipment, machinery facility upgrades are estimated at $3 - $5M.
Property acquisition costs will be in addition to this amount.
- Occupancy
by early summer 2017
Thanks!
Molly
Howey, CEcD
VP, Business Development & Attraction mhowey@gotopeka.com Office: 785.234.2644 / Cell: 785.231.4707 120 SE Sixth Avenue, Suite 110 Topeka, KS 66603 |
RFP for PROJECT SUB
The client
is an established, well capitalized manufacturer of a specific product line
within the food & beverage
industry. They have developed a national brand awareness and following,
and have successfully established operations which significantly benefit local
economies in other locations in the US. They can readily demonstrate credit
worthiness, a strong balance sheet, as well as the capability to enter
sophisticated transactions resulting in leasehold and or fee-simple ownership
of existing property, in other locations in the US.
GENERAL REQUIREMENTS
Acceptable
Geography:
Communities
and specific location solutions should be no further than 10- 15 miles from an
Interstate Highway or State Highway commonly used and sized for truck routes.
Desired
Location Profile:
An
established, traditional industrial park location or industrial area within (or
close in proximity to) an established urban area (regardless of size) or
between several urban areas is preferred. Existing or planned residential
development in close proximity (.25 to .5 miles) to the specific property
solution will be considered less than desirable. Other major sources (both
current and planned) of non-industrial traffic generation (retail, office,
mixed use) in the immediate vicinity will be considered as a negative
attribute.
BUILDING
REQUIREMENTS & KEY INFRASTRUCTURE:
The site consultant is looking for property
information in the form of a brochure and/or summary which addresses the
requirements below. If the property flyer doesn’t address the property
information requested below, please type your response in “red” below the
respective section to provide this additional information and submit this
document, via email, with your property flyer.
General
Facility Type:
A
facility designed and/or recently
used for food processing and/or other light manufacturing operations, or
a more robust (in terms of floor thickness & reinforcement, structural
capacity, utility capacity, HVAC systems, loading, parking, etc.) building designed for distribution and
warehousing uses. A building constructed with pre-cast or tilt-up
concrete panels is strongly preferred.
Low
water table is desirable, i.e. sufficiently low to prevent the requirement to
continuously de-water sub-grade excavation work.
Prefer
a building interior that is free of major partitions in proposed manufacturing
space.
Prefer
interior column spacing of 50 ft., 40 ft. minimum requirement
Preferred
Size Requirements:
Stand-alone
occupancy in an entire building is strongly preferred over co-tenancy. Spaces
with near term, adjacent lease conclusions which would allow for expansion may
be considered. Occupancy in a larger facility with adjacent space will require
significant restrictions on current and future adjacent occupants.
Preferred size range of 150,000 sq. ft. to 200,000 sq. ft.,
with site expansion capabilities for an additional 50,000 – 100,000 under a
common roof. An underlying land parcel with a 15-acre minimum size is
preferred. (Basically, they are looking
for a stand-alone building that can be expanded to 300,000 s.f. as needed if it
is not already that size.)
The
client is not looking for a greenfield or a virtual building at this
time.
If
you have a building that has a co-tenancy situation, they would consider if the
other tenant is close to the end of their lease so they could occupy the entire
building.
Sufficient
buffer property surrounding the facility to minimize offsite impacts typical
from 24/7 light-industrial and/or distribution activities (i.e., potential for
sound, process exhaust, moderate odor, etc.).
Kindly
avoid submitting information for facilities which fall significantly short of
the critical requirements.
Age
of Facility:
Construction
date of no earlier than 1990 preferred. The presence of asbestos or any other
known environmental hazard requiring clean-up or mitigation (known or
discovered) will be deemed a significant negative factor.
Docks:
A
building with docks on both sides is preferred, but not required.
14
dock positions minimum desired, 10 – 12 are acceptable.
Full
‘high-quality’ dock packages (automatic levelers, cushions, seals and locks)
are preferred.
Rail
Service:
Rail
is not required but would be viewed as a positive factor for this requirement.
HVAC:
A
building with at least some portion of the non-office area heated and cooled is
strongly preferred. Robust, existing wall and ceiling insulation in operable
condition are also of significant value.
Parking:
Significant
parking is needed. 50 – 75 spaces may be needed in transition shifts and
possibly up to 175 spaces. Please note existing spaces, room for expansion and
applicable zoning requirements.
Roofing:
Preferred:
Adhered white TPO membrane.
Acceptable:
Ballasted (if in good condition/clean)
If
an option is considered for initial investigation, access to structural roof
detail and plans which confirm roof loading capability will be desired.
Roof
Insulation:
Preferred:
Closed cell insulation over top of metal deck.
Roof
Heights:
Preferred:
28’ – 36’ clear
Minimum
Acceptable: 28’ clear
Exterior
Walls:
Preferred:
Metal panels with interior and exterior metal skins over foam insulation core.
Preferred:
Concrete tilt-up walls with sandwiched insulating core.
Not
Preferred: Metal siding with vinyl-faced fiberglass.
Floors:
Minimum
6” reinforced concrete slabs.
If
a property option is considered for an initial investigation, access to
structural floor detail that shows load capacities will be desired.
Floor
Drain system is preferred, if not present provisions to install a drainage
system is required.
Ability
to seal joints and improve load bearing capacity of floor in critical areas is
necessary.
An
existing floor slab is of uniform quality throughout facility.
An
existing facility with a sub-base in place and a slab yet to be poured will be
considered.
Public
Utilities
Power:
Extremely
reliable power stability and configuration from nearest sub-station is
critical.
·
Identify primary voltage at substation.
·
Identify distance substation is from building service
transformer.
·
Utility to provide 3 years of down time records pertaining to
this location.
·
Identify age and condition of substation (transformer, gear
and controls) and identify problems or upgrade plans for the term of the lease.
·
Is substation duel fed from multiple grids? This is not
mandatory but would be considered a benefit.
Power
Quality shall not be impacted from nearby industry, such as voltage sags.
Existing
480V, 1 MW, 2,000 amp/ 3 phase 4 wire power in initial occupancy area is
preferred. The ability to upgrade service to 4,000 amp, 2 MW is critical for
future expansion needs.
Existing
utility distribution system shall be able to accommodate an increased connected
load of up to 480V, 4000 amps (0.5MW). Electrical utility to identify what is
required for this increase in load.
Electrical
utility shall have fair and competitive commercial and industrial rates.
Identify rate structure and summarize the degree of retail choice among
electricity suppliers for industrial customers.
Refrigeration:
Please
note the presence of any existing refrigerated space within a building, and/or
building infrastructure which has or can support future refrigerated areas.
Refrigerated space will be viewed as beneficial.
Compressed
Air:
Please note
the presence of any type of compressed air system or infrastructure to support
the future installation of a system.
Steam:
Please
note that a steam source (120 psi preferred) that can accommodate processing
and industrial cleaning scenarios will be deemed of value. Please comment if
such a source is available.
Water
& Sewer:
Please
provide detail regarding the line size, pressure and flows of the public water
and sewer service to the specific property. Also note the existing future
capacity of the water and wastewater treatment systems, maximum acceptable
parameters for discharge (BOD, pH, TSS, COD, etc.); along with the rate
schedule of discharge of process waste into the public wastewater treatment
system. Water consumption is broadly estimated to be 5,000 – 15,000 gpd, with
50% discharge.
Gas:
Natural
gas existing or available is required. Please provide the line size and
pressure of existing gas service which serves the proposed property, and
summarize the degree of retail choice among gas suppliers for industrial
customers.
Fire
Protection:
An
ESFR System is preferred. Please detail the type of system which exists in the
facility as part of your response.
If
a property option is considered for an initial investigation, access to supply
specifications and design detail will be desired.
Solid
Waste:
Please
note the proximity in miles to nearest composting, recycling, and or
waste-to-energy facilities.
Sustainable
Design:
An
existing facility with existing LEED certification or equivalent is not
required, but would be deemed to be of value.
Exterior:
Fenced
in site with a security access system and fencing is required, and will be
deemed of value.
Separate
car and truck entrances are preferred.
Adjacent
dust or odor producing operations are of significant concern, from both known and
future sources. Please detail any known conflicting operations within proximity
and be aware this factor will be closely scrutinized.
OCCUPANCY
CONSIDERATIONS
Beneficial
Occupancy:
A
fee-simple facility purchase acquisition or lease/lease to own is preferred and
will be viewed as a significant differentiating factor. Lease occupancy may be
considered pursuant to the conditions and terms described in the three sections
immediately below. A planned facility with expansion area in the later stages
of permitting with a construction and delivery schedule that meets the desired
occupancy schedule will be considered.
Lease
term:
An
initial lease term of 10 years is desired, with 2, 10 year renewal options.
NNN
lease form is preferred
A
Right of First Refusal to purchase the facility, or fixed price purchase option
will be required.
Tenant/Landlord
relationship:
The
ability to truly “partner” with a building owner on a long term basis will be
the most critical requirement of a lease situation. This will need to translate
into a carefully pre-determined understanding between tenant and owner which
allows tenant significant flexibility and autonomy to make improvements to the
building, based on their process needs. An ownership structure which offers
stability, a strong local presence and streamlined decision making is crucial
and will be evaluated vigorously as part of the search process. Carefully
negotiated restrictions on adjacent uses (if applicable) will be critical as
well.
A
facility owned or controlled by a local/regional development authority or other
governmental jurisdiction is acceptable.
Aerial and
location maps are
requested if not included as part of summary.
Kindly
avoid submitting information for facilities which fall significantly short of
the critical requirements.
Regardless
of lease or ownership means of control, fee ownership or beneficial occupancy
is required by early Summer of 2017.
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