Commercial Real Estate

Laclede’s Landing Presentation and Tour

Developers will share insights on the historic neighborhood’s new direction during a program held by the St. Louis chapter of CREW-St. Louis. The program will include a walking tour of Laclede’s Landing.

Developers will discuss the transformation of Laclede’s Landing as a place to live, work and play. After the panel discussion, attendees will take a walking tour to see several new developments that anchor the historic neighborhood’s revitalization. Panelists are:

Kim Brown, Moderator, Corporate General Counsel, Sugar Creek Capital

John Clark, President, Laclede’s Landing Community Improvement District

Munsok So, President, So Hospitality, Cutlery Building/612 North

Brian Minges, Business Owner, Advantes Development, Peper Lofts

Tom Milford, Director of Real Estate, Drury Development, Witte Hardware Building

Vince Chamov, Real Estate Entrepreneur, First Street Ironworks/Lumber Jack Axe Throwing Saloon

About CREW-St. Louis

CREW-St. Louis is one of the largest of CREW Network’s global chapters. Its more than 200 members come from all disciplines in commercial real estate. The mission of CREW-St. Louis is to advance, educate and support women to influence the region’s commercial real estate industry. CREW Network exists to transform the commercial real estate industry by advancing women globally. It does this by looking outward to bring more women into the industry, showcasing member successes and serving as a key resource to its members and the industry. CREW Network members represent nearly all disciplines of commercial real estate – every type of expert required to “do the deal.” Members comprise more than 11,000 commercial real estate professionals. For more information, visit www.crewstl.org. Follow CREW-St. Louis on Twitter @CREWSTL.

Real Estate and Project Management

Members of the St. Louis chapter of the International Facility Management Association (IFMA) will learn more about master planning, renovation vs. relocation and market dynamics in real estate decision-making.

Three panelists will share insights on real estate decisions. Danielle Grubbs, senior associate with Cushman & Wakefield, will provide an overview of today’s commercial real estate market. Warren (Sonny) Rogers, director of real estate for MilliporeSigma, will talk about the internal and external resources needed to consider options and to finalize any deal. Patrick Shaw, associate vice president with Cushman & Wakefield, will outline the factors to weigh in deciding to renovate or relocate in today’s market.

About IFMA St. Louis

IFMA St. Louis offers its members a learning and networking environment among its diverse membership and supplies its members with the tools to achieve their professional goals. Started in 1985, IFMA St. Louis has more than 250 members representing small and Fortune 500 companies throughout the region. Considered a leader among local chapters, IFMA St. Louis holds monthly programs to enhance members’ knowledge and provide networking opportunities. IFMA members also value their membership as a way to build their careers, seek counsel and advice from other facility management professionals, access a variety of resources and achieve professional certification. Represented in 134 chapters and 16 councils worldwide, IFMA members manage more than 78 billion square feet of property and annually purchase more than $526 billion in products and services. For more information, visit www.ifma.org.

The Society of Industrial and Office Realtors (SIOR) 2018 Metro Market Forecast

The St. Louis Chapter of the Society of Industrial and Office Realtors (SIOR) is hosting its 34th annual Metro Market Forecast for the St. Louis commercial real estate market. Join more than 800 attendees as industry leaders discuss the St. Louis metro real estate industry and projected trends for 2018. Program highlights include presentations on office, industrial, retail and investment market. Networking and breakfast begins at 7:15 AM and the presentation starts at 7:50 AM. Registration is available online at http://siorstlouis.com/.

Confused about the New Tax Reform Bills?

A panel of experts will discuss how the recent federal tax reform will affect the commercial real estate industry as well as businesses and individuals. The program is sponsored by CREW-St. Louis (Commercial Real Estate Women).

Speakers:

Jen Merlo, Moderator, Rosenblum Goldenhersh

Brent Crittenden, CEO, Urban Improvement Construction

Michael Markenson, Rosenblum Goldenhersh

Ruth Sorrell, Senior Vice President, Advantage Capital Partners

The broad-sweeping tax reform passed last year will dramatically impact commercial real estate. Tax experts will focus on how these changes affect everything from depreciation to like-kind exchanges, from TIF rules to GO Zone investments. Panelists will also provide information on its implications for businesses and individuals.

About CREW-St. Louis

CREW-St. Louis is one of the largest of CREW Network’s global chapters. Its more than 200 members come from all disciplines in commercial real estate. The mission of CREW-St. Louis is to advance, educate and support women to influence the region’s commercial real estate industry. This mirrors CREW Network’s mission to influence the success of the commercial real estate industry by advancing the achievements of women. It does this by looking outward to bring more women into the industry, showcasing member successes and serving as a key resource to its members and the industry. CREW Network members represent nearly all disciplines of commercial real estate – every type of expert required to “do the deal.” Members comprise more than 10,000 commercial real estate professionals. For more information, visit www.crewstl.org. Follow CREW-St. Louis on Twitter @CREWSTL.

Commercial Real Estate Developer Saves Time, Money Leveraging “The UP-Side Advantage” on Two St. Louis Luxury Apartment Projects

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Saving time and money on projects isn’t just a goal for The UP Companies (UPCO); it’s a reality for its customers. A commercial real estate developer and design-builder recently experienced “The UP-Side Advantage” when it contracted with both Power UP Electrical Contractors and Square UP Builders on two luxury apartment projects – Ceylon in Clayton, MO and Citizen Park in St. Louis City.

“By utilizing the combined services of Power UP and Square UP on each project, we were able to bring office and field efficiencies that saved the customer both time and money amidst a very busy construction market with a peaking demand for resources,” said Michael Kennedy, Jr., owner of UPCO. “This is what we call ‘The UP-Side Advantage.’ The developer was so pleased with our performance and the savings they experienced on the first project, Citizen Park, that they contracted with us for the second project, Ceylon.”

As part of The UP Companies family, Power UP and Square UP are able to offer its customers a litany of efficiencies when customers choose to contract with both entities:

  • Reduced overhead markups for administrative and management time.
  • Shared safety inspections and job hazard analysis costs.
  • Reduced layout costs.
  • Combined deliveries from a single warehouse.
  • Tool and equipment sharing.
  • Direct coordination between foremen and crews.
  • Reduced field logistics and material handling expenses.

Power UP was the design/build electrical contractor on both projects, which included power, lighting, data, fire alarm and audio/visual installation. Square UP provided finish carpentry services on Citizen Park and framing, finish carpentry and all building exteriors on Ceylon.

Citizen Park is a 218-unit luxury apartment building at Lindell Boulevard and Euclid Avenue in St. Louis City’s Central West End Neighborhood. The $68 million, 12-story development includes a four-story parking garage and commercial space on the ground floor. The development also features penthouses, upscale apartments and a third-floor deck with grills, fire pits, a pool and fitness center. Monthly rent for the apartments ranges $1,300-$5,000.

Ceylon is a six-story, 120-unit residential and retail development in the downtown business district of Clayton. Ceylon features two levels of underground parking and two amenity decks for residents who have access to a club and game room, commercial-grade kitchen for entertaining, conference room, outdoor grill and fire pit. The residence also features a state-of-the-art fitness room, 24-hour package lockers in the mail room, a Starbucks coffee bar and video-enabled building access technology.

Both projects were completed with UPCO meeting or exceeding the minimum requirements of 25% minorities and 5% women on each project.  Square UP averaged more than 20 carpenters on the sites at a time. Power Up employed nearly 30 electricians on the jobsites.

The UP Companies (UPCO) is one of the region’s largest full-service MBE-certified contracting companies.  For more information, go to www.theupcompanies.com or call 314.865.3888.