827 SW Hedgewood Topeka KS #realestate #forsale

827 SW Hedgewood Topeka Kansas (click)

New Information

From: Dee Anderson <danderson@cbgab.biz> On Behalf Of Dee Anderson
Sent: Thursday, November 29, 2018 10:25 AM
To: mcre@cox.net
Subject: (iQ Message) - Pallets & Golf View Drive listing

I have six sturdy medium-size pallets for anyone who will pick them up.  Please call 220-4232 if interested. I am listing a 2BR/2BA half duplex on Golf View Drive next week.  It has fresh paint and carpet and is clean as a whistle.  Basement is unfinished.  I would love to sell in-house (for cash, over list price, with a 10 day closing, of course).  I will also have a Shadywood 1BR/1BA garden level condo in January.

Mentum Olathe Project:

From: Nicole Vanlaecken <nicolev@woodburycorp.com>
Sent: Tuesday, November 27, 2018 3:10 PM
To: Henry McClure <mcre@cox.net>
Subject: RE: Mentum - Olathe, KS

It looks like myself and some of our execs are finalizing plans for our broker road show on 12/11.  Let me know if you want us to come by to present the project.  Otherwise, I can reach out to you next time I am in town in January and do a little “one on one”.

This project is called Mentum in Olathe, KS.  It will be anchored by a new hockey arena being designed for the minor league hockey team owned by the Hunt family, owner of the KC Chiefs.  The project is located on the site of the former Great Mall of the Great Plains.  We are planning a new $300M mixed use development consisting of retail, entertainment, sporting venues, residential, hospitality and office.  This site is next to the Olathe Medical Center and across I-35 from Garmins World Headquarters.  I was wondering if you have clients that might be interested in this project?   

I have attached a short video for your information, which should give you an idea of the scope of this dynamic development, as well as the market profile for the project.   I would love to set up a meeting with you.  Let me know. 

Mentum Olathe Project:

https://youtu.be/4050C-vo9oo

Nicole J. VanLaecken | Senior Leasing Director

2733 East Parleys Way, Suite 300 | Salt Lake City, UT  84109

O: 801.485.7770 | F: 801.994.3873 | C: 303.704.9010

Website    |    Properties    |    UP   |    Hotels     |    Funds     |    Blog

see the conflict?

31)   OPTIONS TO RENEW: Provided Tenant is not In default under this Lease (beyond any applicable grace period) at the time of the exercise of the option granted below or at the time of the commencement of the Extension Term (as defined below), Tenant shall have an option to extend the Term of this Lease, for two (2) three (3) year periods (each an 'Extension Term') commencing immediately upon the expiration of the Term hereof and continuing for three (3) years thereafter. Three (3) months prior to expiration of the Term or Extension Term Tenant may give notice to Landlord of its non-binding intent to exercise its option to extend, and in such event Landlord will give within one (1) month thereafter written notice to Tenant d the Rental Rate which It will accept as applicable during the Extension Term, but not to exceed an increase of six percent (6%) or the US City average consumer price index for Topeka, Kansas seasonally adjusted percentage change between the first date of the then existing lease and the first day of the extension of such existing lease, whichever is higher. Tenant shall exercise the option to renew by written notice to Landlord given not later than six (6) months prior to the commencement of the Extension Term. The option to renew shall terminate if such notice is not timely given. The Premises shall be leased to Tenant during the Extension Term on the same provisions as are set forth herein except for the adjusted Rental Rate as specified by Landlord or otherwise agreed upon by the parties.

624 SW Warren

For Rent - $650

624 SW Warren Ave
Topeka Kansas 666606 

2 Bed, one Bath. 



Call Amanda

• 
  

Water

From: Beagle, Barry <Barry.Beagle@snco.us>
Sent: Tuesday, May 8, 2018 5:11 PM
To: 'Henry McClure' <mcre@cox.net>
Subject: FW: well water

Henry, see the following email string.  If you have any questions, I would suggest following up with Gary Larsen at 251-5757.  I hope this helps.

From: Larson, Gary
Sent: Tuesday, May 08, 2018 4:33 PM
To: Beagle, Barry
Cc: Graham, Andy
Subject: RE: well water

Barry. All water wells drilled in Shawnee County must comply with the requirements set forth in…

KDHE Article 30—Water Well Contractor’s License; Water Well Construction and Abandonment

It can be found online and I have an extra copy if you need one too.

In addition there is a permitting process as set forth from the Shawnee County Environmental Code. With this I meet the landowner on the site and confirm the proposed site meets all separation distances and requirements of this code.  Also online is a list of licensed well drillers. There are about 3-4 who regularly work in this area. If I can be of any help let me know. Gary

From: Graham, Andy
Sent: Tuesday, May 08, 2018 2:42 PM
To: Larson, Gary
Cc: Beagle, Barry
Subject: FW: well water

Can you get Barry any information on this please?

From: Beagle, Barry
Sent: Tuesday, May 08, 2018 2:33 PM
To: Graham, Andy
Subject: FW: well water

Andy, might you be able to answer this question?

From: Henry McClure [mailto:mcre@cox.net]
Sent: Tuesday, May 08, 2018 1:28 PM
To: Beagle, Barry
Subject: well water

Do you have guide lines to building wells for water in the county?

Thank you.

Henry McClure

785.383.9994 Direct

Time Kills Deals 

Just take over the lease #PIZZA

Dana K. Anderson

733 S Kansas

Any comparables we can share with Vicky?

From: Vicky Massey <vmassey@kellercraig.com>
Sent: Friday, July 27, 2018 4:15 PM
To: mcre@cox.net
Subject: downtown topeka

Henry.  I am working for Tim Keller now that Bob retired this year.  Can you point me in a direction for downtown office vacancy/occupancy statistics?  KS Commercial has not done a study for several years.  Does your loopnet have anything like that?  Or any office leases in the downtown area that you could share would be appreciated.

Appreciate your help.

Vicky Massey        Appraisal Assistant

      

Keller, Craig, & Associates, Inc.

120 E 9^th ST Ste. 201 Lawrence, KS 66044

6701 W 64^th Street, Suite 310, Overland Park, KS 66202

M:(785)608-6233                 E: vmassey@kellercraig.com

Thanks for all you do in the real estate community.

Sharolyn K. Marvin

Escrow Officer

Alpha Title, LLC

3024 SW Wanamaker Road

(please enter on the east/back side of the Heritage Bank Building, we are on the 1^st floor)

Suite 102

Topeka, KS  66614

785-783-4411

Fax 785-215-6122

Jon Coverdale   

785-783-4411 (Phone)

785-328-4008

785-215-6122 (Fax)

Jon@alphatitlellc.net

www.alphatitlellc.net

Downtown Topeka Redevelopment Incentive Grant Program Description of the Application Process

Administered by Downtown Topeka, Inc.

(for and on behalf of the City of Topeka)

Introduction

The Downtown Topeka Redevelopment Incentive Grant Program is a financial incentive that is designed to encourage residential and commercial improvements of buildings for future use in the Capital City Business Improvement District. Grants are awarded as reimbursement for actual monies spent up to the limits provided below.  Grant applications will be considered on a first come, first serve basis according to the date and time of application until funds are exhausted.  The amount of funds available may change during the duration of this program. Funding for this program is provided by the City of Topeka and administered by Downtown Topeka, Inc.  Applications will be reviewed by the Downtown Topeka Redevelopment Grant Committee (Grant Committee).  The Grant Committee consists of members appointed by Downtown Topeka, Inc. and by the Downtown Topeka Business Improvement District Advisory Board.

Eligible Applicants

Any person who owns or leases real property located in the Program Boundaries described below is eligible to apply for grants to improve real estate (the Project) under Grant Program.  Such person or persons (including tenants and owners of real estate) hereafter will be denoted as Applicant.  However, if the Applicant does not have an ownership interest in the real property other than that of a tenant, then the owner of the property must join in the application and executive all documents required here for grant approval. 

Guidelines and Limitations

For residential units, grants will be limited to 25% of the Project costs up to a maximum of $10,000 for each residential unit.  Further, no more than three grants for residential units will be allowed for each individual building project or address. The Grant Committee reserves the right to determine if the Project is subject to this limitation.  For commercial project, grants will be limited to 25% of the Project costs up to a maximum of $50,000 per project or address. The Grant Committee reserves the right to determine if the Project is subject to this limitation. For Façade improvements, up to $5000 will be awarded for 25’ fronts and $10,000 for 50’ fronts. The Grant Committee reserves the right to determine if the Project is subject to this limitation.

The Grant Committee, in its discretion, may allow the funding of certain building improvements and may disallow certain building improvements submitted in an application depending on it’s evaluation of the condition of the property and the effect of the proposed improvements on the surrounding area.

Generally, applications for grants must be submitted and approved before the Applicant commences work on the Project. However, the Grant Committee may approve grant funding for a part or all of an ongoing project provided the application is submitted at least 30 days before the Project is completed.

This Grant Program will be administered as a reimbursement program unless the Grant Committee approves a different procedure.  Generally, grant payments will be made upon receipt from the Applicant of an application for payment itemizing the improvements for which reimbursement is requested.

An Applicant whose Project includes a commercial business and who have received grants must remain in business at the property where grant money was invested for a minimum period of three years in order to complete the Applicant’s eligibility.  An Applicant whose Project includes a residential living unit must make every reasonable effort to rent the unit, and until doing so, must maintain the unit in good, tenantable condition and available for occupancy at reasonable rental rates during this 3-year period.  If an Applicant fails to comply with this 3-year requirement, the Applicant will be required to reimburse the City of Topeka for the full amount of all grants received for the Project.

This program is not intended to award grants for maintenance of existing businesses unless specifically approved by the Grant Committee.

Program Boundaries

The Grant Program is offered for redevelopment projects within the Capital City Business Improvement District (BID), which is bound by the intersection of Southwest 12^th Street and the alley between Topeka Boulevard and Tyler Street, thence northerly in a meander along the alley between Topeka Boulevard and Tyler Street to its intersection with Southwest 2^nd Street, thence easterly along Southwest 2^nd Street to its intersection with South Kansas Avenue, thence northerly along South Kansas Avenue and North Kansas Avenue to its intersection with the Kansas River, thence easterly in a meander along the river to its intersection with Adams Street extended, thence southerly along Adams Street to its intersection with the Missouri Pacific Railroad right-of-way, thence southwesterly to its intersection with Southeast 13^th Street, thence westerly in a meander along Southeast 13^th Street and Southwest 13^th Street to its intersection with Southwest Jackson Street, thence northerly along Southwest Jackson Street to its intersection with Southwest 12^th Street, thence westerly along Southwest 12^th to the point of beginning.

Basic Eligibility Requirements

·       To be eligible for the Grant Program, the building renovations and site improvements must be permanent in nature.

·       The Grant Committee will generally not approve projects for routine on-going building maintenance (including roof repairs) to buildings, which contain operating business operations and those, which are fully occupied.  However, the Grant Committee will consider applications for façade repair or replacement in buildings, which either contain on-going businesses or otherwise are occupied.  In no event will the Grant Committee approve grants for personal property, furniture, trade fixtures or equipment such as kitchen equipment, and the Grant Committee will have the discretion to determine if certain fixtures and trade fixtures are considered eligible for grant funding.

·       Other items may be allowed at the discretion of the Grant Committee.

·       No application will be approved and no Applicant will be eligible to receive grant funds unless all Shawnee County real estate, personal property or Business Improvement District taxes associated with the property to be improved are current as of the date the grant payments are made, and the Applicant has no other outstanding obligations to the City of Topeka.

            

                 

Other Requirements:

·       Generally, applications must be submitted before work on the Project is started. The Grant Committee will have the discretion to review an application and award a grant after construction has begun, provided the application is submitted no later than 30 days before the end of construction.

·       Applicants whose Project includes a commercial business and who have received grants must remain in business at the property where grant money was invested for a minimum period of three years in order to complete the Applicant’s eligibility.  Applicants whose Project includes a residential living unit must make every reasonable effort to rent the unit, and until doing so, must maintain the unit in good, tenantable condition and available for occupancy at reasonable rental rates during this 3-year period.  If an Applicant fails to comply with this 3-year requirement, the Applicant will be required to reimburse the City of Topeka for the full amount of all grants received for the Project.

·       An Applicant  who is awarded a grant from this program will  have 30 days from the date the grant is awarded to agree to the terms and conditions of the program, demonstrate his or her financial capability to complete the project and sign a Grant Participation Contract.  This deadline may be extended by the Grant Committee upon written request of the Applicant.

·       If a business or building owner agrees to accept the incentive grant, the Applicant is required to demonstrate measurable progress toward completion of the renovation within 30 days from the date of the Grant Participation Contract is fully executed by all parties.  If no significant progress of the renovation can be demonstrated by the 90^th day following the date of full execution of this contract, the grant may be revoked, unless suitable arrangements have been made and approved by the Grant Committee.

·       Applicants must provide proof that all contractors retained to work on the project have appropriate licenses and insurance including general liability and workers compensation insurance.

·       Grant applicant must sign and comply with the terms of the ADA Compliance Certification (see attached sheet).

·       Any departure from the criteria set forth in this Grant Program description must be approved by the Grant Committee and ratified by the Downtown Topeka, Inc. Executive Committee. 

All qualified applicants shall receive consideration for funding without regard to race, color, religion, sex, age, disability or national origin.

The funding is furnished in whole or in part by the City.

No monies appropriated may be assigned by an applicant or used for any purpose contrary to that set forth in the application.

Thinking out loud

JDI Intro, $2 Billion in Deals

From: Sam Besser <sbesser@jdirealty.com>
Sent: Monday, June 25, 2018 1:18 PM
To: mcre@cox.net
Subject: JDI Intro, $2 Billion in Deals

Hi Henry,

I wanted to introduce myself and JDI Realty.

JDI is an opportunistic private equity group that has partnered, purchased, and lent on over $2 Billion in deals in 40 states. We are actively seeking to provide capital to new JV partners/sponsors and or hard money financing, up to and above 80% LTV/LTC. Below are a few guidelines of what we are looking for. For more information on us please go to www.jdirealty.com. 

Hard Money:

• $1-50 Million
• Up to 80% and above LTV/LTC on a deal-by-deal basis
• Bridge, Mezzanine, Discounted payoffs, and Recapitalizations

Acquisitions/Joint Ventures

• Value-add: Industrial, Hotel, Multifamily, Student Housing, Senior/Assisted Living, Office, Storage, MOB, Retail, Manufactured Housing, etc. We also buy notes and portfolios of properties.

Asset Classes:

• C+ to A

Deal Size:

• $4-70 Million

Construction:

• Preferably 1980s and newer

*As I mentioned we are an opportunistic group so if you have a deal that doesn’t exactly fit these guidelines I still want to see it! *

I would like to set up a quick phone call, please let me know when is best for you. I can be reached by email at sbesser@jdirealty.com or my direct number is 312-433-0509.

Thanks,

Sam

Sam Besser, VP

JDI Realty LLC

www.jdirealty.com

Office: 312.433.0509

853 N. Elston Avenue

Chicago, IL 60642

LinkedIn: https://goo.gl/HmbfwU

Shelby Sugar Shop

This is an interesting move on WPG's part. You have to admire anyone getting into retailing today. What this store will provide a roadmap to the good malls they manage on behalf of the stockholders. Yes; if it is good enough for Shelby it just may be good enough for rent-paying tenants? 

Now, will Shelby step out into the real world? Is the concept ready to survive in the real world where hard-working entrepreneurs have to invest their own capital and sweat equity? This will be the litmus test for the concept. Can the concept grow legs?? I'm a big gambler and I will short Shelby just like Brad Thomas would WPG. 

I will have to complement the store designer and the idea of filling the vacancy; you have so much space in Topeka. 

The real question I have is this going to add value to my WPG stock?

Vegas ICSC 2018

Topeka will be represented at 2018 recon convention. 

Molly Howey

mhowey@gotopeka.com
Phone: 785.231.6040
Fax:  785.234.8656

Please stop by and say hello.

I love Topeka stop by and I'll tell you why. 

Mace made them all rich.

Macerich makes initial public offering. (NYSE:MAC)

Macerich has accomplished a great deal since its debut as a public company in March 1994 with a modest total market capitalization of under $1 billion. Since then, we have grown to a total market capitalization of more than $17 billion. Today, Macerich is one of the top retail real estate companies in the country.

http://www.fundinguniverse.com/company-histories/the-macerich-company-history/

37th and Gage

Zoning Case in process 

Stream buffer 

Tracy O'Brien

Call Tracy she has new listings and 9 lots and two New construction homes for sale. 

Tracy O'Brien
KW One Legacy Partners, LLC

Phone:785-969-1111
Office:785-246-8075

REALTOR

See Tracy's Listings --- click here!

Existing Buildings Only / no build to suit options

From: Molly Howey [mailto:mhowey@gotopeka.com]
Sent: Wednesday, March 14, 2018 1:52 PM
To: Topeka Area Brokers 2017 <TopekaBrokers2017@topekachamber.org>
Cc: Freddy Mawyin <fmawyin@gotopeka.com>
Subject: Building request
Importance: High

Real Estate Partners,

Please see specs for a building request I just received. I will be out next week so please send fliers for qualified buildings to BOTH me and Freddy Mawyin (copied on this email) and he will take care of submitting the buildings to the prospect.

Real Estate Needs

• Existing Buildings Only / no build to suit options
• Purchase only
• 5,000 to 7,000 sq ft for production and an additional 8,000 to 10,000 inside or out for inventory storage. 
• The company is looking for a building with character they can rehab and make their own. For example if there is an old school or other building that doesn’t fit the typical “industrial building look or purpose” that’s ok. The company has a philosophy of taking the old and making it new so they want to find a building where they can do something similar.
• Ceiling height minimum 16ft
• Docks – Ideally at least 1 drive-in but not required
• No rail needs
• Close proximity to interstate access (I-70, I-35 etc.)

Please send fliers to both Freddy and me by end of day on Monday, March 19^th.

Thanks,

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