By the BF Staff
From the May/June 2020 Issue
Henry McClure has 45 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, August 13, 2020
Wednesday, July 22, 2020
Keeping the record straight
From:
Google Voice
Sent: Wednesday, July 15, 2020 3:48 PM
To: mcre13@gmail.com
Subject: New voicemail from City Of Topeka Planning
|
Thursday, July 2, 2020
TOPEKA, KS: THE RIGHT LOCATION AND THE RIGHT WORKFORCE FOR HQ #commercialrealestate
TOPEKA, KS: THE RIGHT LOCATION AND THE RIGHT WORKFORCE FOR HQ
The location of any corporate headquarters is indicative of the success they, as a company, aspire to. It is chosen for its capable workforce, resources and geographical strengths. As well as its capacity for growth. And so is the case for the corporate HQs stationed in Topeka, Kansas.
Topeka, the capital city of Kansas, is home to various HQs with an emphasis on professional and financial services and animal health and ag tech. These organizations benefit from the Capital City’s particular strengths, including its central location within the Animal Health Corridor: an area stretching from Manhattan, Kansas, and Columbia, Missouri that is home to more than 300 animal health companies, representing the largest concentration in the world. A few distinct animal health organizations headquartered in Topeka include global and national standouts such as Hill’s Pet Nutrition and Bimini Pet Health.
Topeka, and Kansas in general, has the logistical advantage of being centrally located. To quote the Kansas Department of Commerce, “Kansas’ strategic location at the convergence of I-35 and I-70 places it at the crossroads of America.” As a “hub of accessibility,” it takes less than three days to reach anywhere in the continental U.S. from Topeka.
Other competitive advantages include Topeka’s lower energy cost (18 percent fewer than the national average); it’s lower cost of doing business (15 percent fewer than the national average); aggressive cash incentives for jobs, investment and training; access to talent from four major universities within a 60-mile radius; home to three of the top 10 financial service insurance marketing organizations (IMO); and is home to international peers: Security Benefit, Advisors Excel, Federal Home Loan Bank and Gradient. In recent years, Topeka has experienced a flurry of new growth and development. What follows is only a taste of the progress achieved by corporate HQs in the past year.
In August 2019 it was announced that Topeka had been selected by Plug and Play, a globally recognized venture capital fund and corporate innovation platform, to be a startup accelerator location focused on animal health science and ag tech. As Plug and Play’s next startup accelerator city, Topeka is slated to host upwards of 20 startup companies per year as each one goes through the three-month startup accelerator program. One of Topeka’s major attributes for selection is its prime location within the Animal Health Corridor.
Based out of Silicon Valley, Plug and Play is a global innovation platform that connects over 400 corporate partners from 17 industries with its ecosystem of startups, investors and public institutions, running over 60 accelerator programs across 30 global locations each year.
In December 2019, Walmart announced it had chosen the Capital City as the site of its next distribution facility in the United States. The arrival of this new distribution center will bring with it an estimated 300 new full-time positions over the next 5 years with competitive salaries plus benefits, which are among the best in the retail industry, creating in the next 10 years a total economic impact of $635 million.
Compared to Kansas’ three other Walmart distribution centers, Topeka’s new facility will be the largest in the state, with more than 1.8 million square feet at approximately 35′ clear stacking height. This contributes to the company’s more than 1.8 million square feet of existing space spread across its three other distribution center locations in Kansas.
There have been several recent expansions in Topeka. Since opening in 2005, insurance marketing organization (IMO) Advisor Excel has continued to not only thrive in Topeka, but also massively expand its workforce and facilities. In the fall of 2019, Advisors Excel finished its most recent expansion. In the next five years, this expansion will bring 220 new full-time jobs with an average salary of $52,000 plus benefits, resulting in a one-time economic impact of $12.4 million from the capital investment and a total economic impact of $650 million over 10 years from the added jobs.
Hill’s Pet Nutrition, a subsidiary of Colgate-Palmolive, has been a fixture in Topeka since the turn of the 20th century. Once an animal feed and meat packing company, Hill’s has gone on to break new ground in pet health and nutrition. The company is perhaps best known for their Science Diet brand pet food.
In August 2019, Hill’s Pet Nutrition broke ground on an outdoor Bark Park. The Engagement Center will have dedicated space to host educational seminars and continuing education programs for veterinary students and professionals as well as other career pet caregivers.
Bimini Pet Health, provider of private label and custom-manufactured pet supplements, announced plans to expand its operations in the Capital City in December 2019. In addition to new employment opportunities, the capital investment includes the building purchase and improvements.
[#commercialrealestate ]
Monday, June 29, 2020
mcre Real Estate - 41 years of real estate - #commercialrealestate
Today I reactivated McClure Real Estate, LLC. [ mcre ]. Founded in 2000 after an 18 year Odyssey that included Corporate Real Estate positions with the MaceRich Company, MD Management, Excel Realty Trust, and Divaris Real Estate.
In 1995 my premonition that shopping on the internet was going to be popular; Shopwave.Com was founded. Gambling on this deal was an invaluable lesson in modern business treads and a lesson. I learned that I should have used Shopwave to be a better real estate professional and not to reinvent Henry.
Springers were a big distraction too. Tieless shoelaces never were the home run I wanted - In 1993 I pitched springers in-person to Adidas, Nike, Payless Shoes, Woolworth (for all the Kinney Shoe Brands [ all the footlocker and Champs]) and 1,000's of California flea market shoppers that purchased 50,000 pairs.
Pizza Pub is the final distraction and the best lesson into the sheer fabric of my business acumen. I learned if you own a restaurant the only way to fly is to live above your life. To make a living in food services this takes 125% of your time. If the government does not kill dining out (how in the hell do we eat with a mask?) next time tip your server 20% or stay home.
Today is a day we will never have again. Remember in life/business sometimes it is what we "don't do" that saves our life or makes the deal. Never give up on yourself.
Thursday, June 25, 2020
Subject: FUNDING TERMS AND CONDITIONS
From:
William Altbrandt
Sent: Wednesday, June 24, 2020 10:33 PM
To: mcre@cox.net
Subject: FUNDING TERMS AND CONDITIONS
Hi Henry,
We provide funding on all deals ranging from Startups to real estate to commercial and land deals etc.
Funding depends on the strength of the project as we believe all
projects are unique, hence we try not to assign general terms on any deal we
decide to fund. This means that Funding is based on the strength of
the project not LTV or LTC.
Here is what we do and some terms and conditions, get back to me if you have
questions or in need of further clarification.
** To get qualified for a loan the borrower must understand our terms and
conditions and must be willing to work according to these terms and conditions**
1. Loan Size: $100,000.00 – $2M+.
2. Interest Rate: 4% - 6%.
3. Term: Short & Long term programs tailored to fit different loan
scenarios.
4. Repayment Type: Loans can be structured as interest only, P & I,
Amortization with balloon payments.
5. There is no pre-payment penalty attached.
6. Recourse: Recourse and Non-Recourse are available.
7. Collateral: Collateral and Non-Collateral. All Commercial RE Property Types,
including Specialty Uses and Land.
8. 10-15years term available.
9. Closing: Typically 3-4 business days after submitting the necessary
information required.
10. Interest Only monthly payments.
11. One point at closing as a referral fee for any deal you bring
to our table.
12. Location: Nationwide in primary and secondary market.
OUR PROCESS:
*Submit application: Borrower will be required to submit a filled
loan application form alongside an Executive Summary of the Project. We will
quickly evaluate your loan request and send you a quote.
*Lock in Rate: If the borrower agrees with the repayment quote, he/she
will sign to lock in rate (negotiable).
*Stated Income/Bank Statements Only.
*Document: Borrower will be sending documents already listed above.
Documents will be reviewed for loan approval.
*Sign Loan agreement contract: Borrower will be required to sign a loan
agreement contract.
*Loan origination cost: Borrower will be required to pay loan origination fee
as compensation for processing a new loan. Only applies to first time
borrowers.
*Funding: Loan funds will be wired to borrower on the agreed date to the
borrowers proposed account..
*Closing: Typically 3-4 business days after submitting an Application/Executive
Summary. We can work to accommodate a quicker closing if necessary.
Best Regards,
William
Altbrandt
Loan Originator/Consultant,
AG Funding, LLC.
Tel: 512-308-3147
Thursday, May 21, 2020
CASEYS RETAIL COMPANY
City State ZIP: Topeka, KS 66614
Owner Name: CASEYS RETAIL COMPANY
Size: 1.16 Acres
Parcel ID: 1430802010001020
QuickRef ID: R325980Appraisal Website | Taxes | Google Maps
Subdivision: BROOKFIELD WEST SUB # 6
Landuse: 2152-Convenience store
Mailing Name: CASEYS RETAIL COMPANY
Mail Address: ONE SE CONVENIENCE BLVD , ANKENY IA 50021


