MCRE, LLC - Henry McClure -

  Mace Siegel, Dana K. Anderson, and the MaceRich Company (later Macerich) have a fascinating origin story deeply tied to Topeka, Kansas, even though the company itself was founded in New York City. What began as a small strip-center developer in the mid-1960s exploded into one of the nation’s largest owners and operators of regional shopping malls through smart partnerships, a pivotal local deal, and aggressive growth via acquisitions and redevelopment. The Topeka connection—via a chance 1965 encounter and the 1972 acquisition of White Lakes Mall—was the spark that helped transform the company from a regional builder into a national REIT powerhouse. The Founders and Early Days (1964–1965) Mace Siegel (a real estate veteran who started in the business in 1952 after working for a brokerage focused on post-WWII shopping centers) partnered with his friend Richard Cohen, an experienced builder and developer. In October 1964, they combined their first names to create MaceRich Real Es...

  ✅ Property Listing Statistics Grandma Hoerner’s Foods Facility 31862 Thompson Road, Alma, KS 66401 Parcel ID: 099-079-30-0-00-00-004.00-0 Prime I-70 Highway-Service Industrial Property Total Land: 18.64 Acres Developed Commercial / Manufacturing Site Land & Site Highlights Total Gross Acres : 18.64 Market / Commercial Acres : 7.02 Agricultural / Native Grass Acres : 11.51 (separate use valuation) Zoning : CP-3 – Planned Highway Service (allows commercial, manufacturing, and retail activity directly along Interstate-70) Location : Direct proximity to I-70 with semi-improved road access Topography : Rolling terrain, above street grade Parking : Off-street, on-site, adequate quantity Utilities : Rural water + lagoon septic system Ownership : Private fee-simple Site Classification : Developed site with buildings – primarily goods storage, handling, and light manufacturing Building & Structure Details Total Approximate Building Area: ~38,682 sq ft (across ...

  Here’s a clear list of the key advantages of doing a sale-leaseback when you own both the building and the business operating inside it (you sell the property to an investor and lease it back so your business stays put with no move). This strategy is popular for small-to-mid-sized businesses because it turns illiquid real estate equity into cash while letting you keep operating exactly where you are. I’ll focus especially on the points you asked about— making things simpler and easier on yourself , potentially lower (or more manageable) lease payments , and capital-gains/tax implications —while including the bigger-picture benefits. 1. Immediate cash / liquidity without disrupting your business You get 100% of the property’s current fair-market value in cash (often far more than a bank would lend you at 60–80% loan-to-value on a mortgage). Use the proceeds for anything: expand the business, buy equipment, pay down debt, hire staff, or invest elsewhere for higher returns. Y...