Beau Box Commercial Real Estate’s Post

Week 4 Glanville House: Structure Design🥳 Welcome to Week 4 of Glanville House Development 🚧 Currently, we're eagerly awaiting the arrival of the structural drawings. We are slowed up due to certain areas we need deliberate considerations. This upcoming phase will be a significant undertaking which is why the structure design needs to be right, however, we're fully prepared and committed to ensuring everything is done correctly. Stay tuned for further updates on our progress! #propertybrothers #propertypowbrothers #hmo #hmoconversion #luxuryhmo #coliving #auctionproperty #financialfreedom #invest #investing #investments #investor #properties #propertydeveloper #propertydevelopment #propertyinvesting #propertyinvestment #propertyinvestments #propertyinvestmentstrategiesuk #investmentopportunity #propertyinvestmenttips #propertyinvestor #ukinvestmentproperty #luxuryliving #financialfreedom #investmentsuccess #smartstrategies #propertybrothers #propertypowbrothers #hmo #hmoconversion #luxuryhmo #coliving #auctionproperty #financialfreedom #invest #investing #investments #investor #properties #propertydeveloper #propertydevelopment #propertyinvesting #propertyinvestment #propertyinvestments #propertyinvestmentstrategiesuk #investmentopportunity #propertyinvestmenttips #propertyinvestor #ukinvestmentproperty #glanville

This month, we’re looking back at the 1970s, a decade of growth and diversification for Miller Architects & Builders. In 1972, we acquired Penalt & Truzinski Architects to offer design-build services, and launched the Wausau Department to market factory-built homes. By 1974, we expanded into apartment construction, and in 1976, we introduced our Property Management Division. Our journey continued in 1978 with the creation of Prime Rate Inc., a franchised motel chain we built and managed. Each step In the 1970s, Miller Architects & Builders made significant strides, starting in 1972 with the acquisition of Penalt & Truzinski Architects, enabling us to offer comprehensive design-build services. That same year, we launched Wausau Department, focusing on factory-built homes. By 1974, we expanded into the apartment construction market and in 1976, added a Property Management Division to support our growing Real Estate Division. The decade concluded with our entry into the motel industry in 1978, establishing and managing a franchised chain through Prime Rate Inc. This era set the stage for Miller’s continued growth and diversification #miller #millerarchitects #millerbuilders #architect #architects #builders #builder #architecture #architecturaldesign #buildingdesign #construction #buildingconstruction #150years #legacy #history #design #quality #milestone #achievement

Property and construction news…..   The latest Smithfield Development proposals have been deferred due to concerns about the size of the open space/central square and its potential use for events. The scheme will see a mix of commercial offices, residential and retail space with leisure developments that include a theatre and a park.   Properties belonging to Birmingham City Council have been auctioned off raising £2.2m. The properties sold within an hour with most of the sales exceeding their guide prices - though one property fell short of the guide price and was not sold, and two other properties were withdrawn before the auction started.   Manchester-based developer Glenbrook has looked to dispel rumours that Birmingham’s Electric Cinema is to be bulldozed as part of a Station Street re-development scheme (which does not include the Old Rep or Crown Pub). Glenbrook has stated that they are looking to retain the cinema but create more screens and feature an exhibition space within it. The company stated it would look to attract an independent operator for the cinema. As part of the wider scheme, Glenbrook are hoping to create a new public space and would ideally like to close the road to traffic. Planning consent has been granted to Goold Estates to construct fifteen industrial and distribution units (2.5k sq.ft to 60k sq.ft. in size) at Bilston Urban Village employment site. The scheme will be called Foundry Park.   #property #construction #business #housing #development

🔓 𝐔𝐧𝐥𝐨𝐜𝐤𝐢𝐧𝐠 𝐆𝐫𝐨𝐰𝐭𝐡 𝐰𝐢𝐭𝐡 𝐁𝐫𝐢𝐬𝐭𝐨𝐥 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧! 🚀 The acquisition of Doorlining.com by Woodmarque presents several strategic advantages and growth opportunities for the Irish door and joinery manufacturer. Here are some key benefits highlighted: 𝐄𝐱𝐩𝐚𝐧𝐝𝐞𝐝 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐒𝐩𝐚𝐜𝐞 𝐚𝐧𝐝 𝐖𝐨𝐫𝐤𝐟𝐨𝐫𝐜𝐞: By acquiring Doorlining.com, Woodmarque gains an additional 30,000 square feet of manufacturing space in Bristol along with 20 skilled staff members. 🏭 This expansion enhances Woodmarque's production capacity and operational capabilities, enabling the company to meet growing demand and scale its operations effectively. 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐋𝐨𝐜𝐚𝐭𝐢𝐨𝐧: The acquisition strategically positions Woodmarque just two hours from London, its largest market. 🌍 This proximity offers logistical advantages and facilitates easier access to key clients and projects in the region. The strategic presence in Bristol enhances Woodmarque's market reach and strengthens its competitive position in a critical market segment. 𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲: The acquisition is expected to improve Woodmarque's overall efficiency across its manufacturing and distribution network. 🔧 #GrowthOpportunities #SynergyBenefit #OperationalEfficiency #CostSavings #CarbonFootprint #Sustainability #StrategicLocation #MarketExpansion #ManufacturingExpansion #WorkforceGrowth #Bristol #London #Woodmarque https://lnkd.in/eVA_TSJZ

Here’s what’s scheduled for our InterFace Houston Industrial conference on Thursday, August 1st, hosted at the Houston Racquet Club. 12:05 PM - 12:35 PM - Lunch Buffet and Networking 12:35 PM - 12:40 PM - Introduction  Scott France, President, France Media, Inc. 12:40 PM - 1:30 PM - Financing Today’s Deals JC Clemens Jr., Managing Director, Chief Production Officer, Flagship Capital Partners Warren Hitchcock, Managing Director, NorthMarq Capital Ryan Watson, First Vice President, Debt & Structured Finance, CBRE Paul Chavez, Economic Director, City of Alvin, TX - Moderator 1:30 PM - 2:20 PM - Trends in Architecture, Design and Construction Eric Hudson, AIA, Principal of Design Services/Partner, Method Architecture Keith Messick, Principal/Director of Architecture, Goree John William Bellian, Director of Architecture, eStudio David Gross, Director of Interior Construction, Corvus Construction Alexandra Crawley, Counsel and Business Development Director, KDW - Moderator 2:20 PM - 2:30 PM  - Networking Break 2:30 PM - 3:20 PM - Developer/Owner/Investor Panel JW Fields, Partner, Constellation Real Estate Services Travis Covington, President - Development, Griffin Partners Christen Vestal, MBA, Director, Industrial Development & Acquisitions, Provident Realty Advisors Chad Parrish, Managing Director, Alliance Industrial Co. Samy Soussan, Business Development, Madison Title Agency - Moderator 3:20 PM - 4:10 PM - Investment Sales/Brokerage Panel Peyton Easley, SIOR, CCIM, Founder & President, Titan Commercial Jim Autenreith SIOR, Executive Vice President, Industrial and Investment Services, Moody Rambin Jack Gaffney, Vice President, Finial Group Nick Terry, SIOR, CCIM, CPM, Managing Partner, Rifle Commercial Real Estate Company Reed Vestal, SIOR, CCIM, Co-Founder and Managing Partner, Junction Commercial Real Estate Wes Williams, SIOR, Principal, Executive Vice President, Colliers Neal Stephenson, Vice President - Commercial Division, Frontier Title - Moderator 4:10 PM - 2024 InterFace Houston Industrial Concludes Register Here: https://lnkd.in/eWGBKfjq Special thanks to our sponsors: MW Law, KDW, Junction Commercial Real Estate, Titan Commercial, The Roof Depot, LLC, Colliers, City Development Corporation of El Campo, Corvus Construction Company, Inc. , Altus Group, Provident Industrial, Advanced Rail Solutions, LLC, Frontier Title, Madison Commercial Real Estate Services, and France Media Inc. #InterFaceHoustonIndustrial #Industrial #Houston #Houstonrealestate #Commericalrealestate #cre #networking #conference

Great to see the evolution of the business space at BASE.

Matthew Farrell went to PWO this past week! Matt enjoyed meeting and talking to all the people that stopped by the Renco Table! At the Renco table Matt was proudly representing Chicago Faucets and HoldRite! #plumbing #construction #interiordesign #architecture #plumbing #construction #architecture #innovation #management #humanresources #digitalmarketing #technology #creativity #future #futurism #careers #markets #marketing #socialmedia #socialnetworking #leanstartups #branding #advertisingandmarketing

M&S have won their appeal to overturn the Governments decision to refuse permission to knock down their flagship Marble Arch store... The company took legal action against the decision in the High Court following a bizarre chain of events: 📅 Westminster council grant planning permission for M&S' scheme in 2021 - to tear down the current art deco building and replace it with a modern building featuring a new café, offices, a shop and a gym 📅 Campaigners resist the granted permission, protesting and calling for the decision to be revoked 📅 Michael Gove launches an inquiry in 2022, rejecting the scheme and citing the carbon footprint as a concern, concluding that the building should be refurbished rather than demolished 📅 M&S argues there's no heritage reason for the buildings to be saved, as none of the three are listed 📅 In 2023, M&S vows to appeal and take the overturned decision to the High Court, threatening to close their flagship store altogether if the appeal isn't successful During the latest appeal, it was heard how Michael Gove had "misunderstood and misapplied" national planning policy whilst making his decision. The M&S leadership team have stated the events have been a long, unnecessary and costly delay to the only retail-led regeneration on Oxford Street. ⬇ 📲 t: 07766903081 📩 e: ted.karslake@stewart.com #property #insurance #construction #titleinsurance #realestate #propertyinvestment #propertydevelopment #development #rightoflight #planning #building #legal #lending #lendingsolutions #commercialrealestate #investment #banking #economy #developer #conveyancingland #conveyance

JUST LISTED | THE HISTORIC ROCKEFELLER BUILDING | ADAPTIVE REUSE CBRE Cleveland is pleased to present for sale The Rockefeller Building for historic conversion. The Property which sits on the hard corner of West 6th Street and Superior Avenue is directly across the street from Sherwin Williams new HQ. This rare redevelopment opportunity offers a true buy + build as many entitlements and incentives are in place. Investment Highlights: * Built by American business magnate John D. Rockefeller in 1903 * Historic redevelopment opportunity that supports several end-uses (Multifamily, Hotel, or Mixed-Use) * Historic designation on the National Register of Historic Places * Located directly across the street from Sherwin Williams new global headquarters - 3,500 + employees * +/- 575 feet of street frontage that provides numerous ground floor retail opportunities and visibility * Located within a Qualified Opportunity Zone * Several local, state, and federal incentives are available and already applied for to aid redevelopment * True buy + build opportunity - full set of drawings and construction budget ready to go from national design & build firm Geis Companies * Entire site is 1.85 acres which provides the ability to develop a Phase II or build a large parking garage to meet the unmet demand from Sherwin Williams employee parking. * Approval in place from the City of Cleveland to raze the existing parking structure #JustListed #ForSale #HistoricAsset #AdaptiveReuse #Rockefeller #CBRE #Cleveland #Development

The iconic Chrysler Building, a symbol of New York City’s architectural history, is at the center of a significant real estate shift as its ground lease, held by RFR Holding, faces termination. Cooper Union, the owner of the land beneath the building, announced its decision to take control after RFR defaulted on $21 million in ground-rent payments since May. This development signals one of the most high-profile losses amidst the broader office market collapse, a consequence of rising interest rates and the slow return to office life post-pandemic. RFR, led by Aby Rosen and Michael Fuchs, had acquired the building in 2019 for $150 million, a stark contrast to the $800 million valuation its previous majority owner, Abu Dhabi Investment Council, once held. Despite the steep discount, the ground lease, set to rise from $32.5 million to $41 million annually by 2028, posed a major financial burden. Compounding the financial strain, the Covid-19 pandemic decimated office demand, hindering plans for property upgrades intended to attract higher-paying tenants. Even a proposed hotel addition was abandoned. This struggle mirrors a broader trend in the commercial real estate market, with distress levels nearing historic highs. According to data, portfolios of foreclosed and seized commercial properties, including office buildings, reached $20.5 billion in the second quarter of 2024, marking the largest increase since 2015. RFR’s legal efforts to block Cooper Union’s takeover are ongoing, but the ground lease is set to expire at midnight. The Chrysler Building, briefly the tallest building in the world when it was completed in 1930, has been hit hard by New York’s evolving office landscape. Despite its storied history, newer, more spacious office buildings have drawn away demand. The building’s largest tenant, co-working firm Spaces, reflects the shift in how office spaces are used today. Cooper Union, which has held the land under the building for over 120 years, remains committed to its tuition policies, ensuring that the financial issues surrounding the Chrysler Building will not impact their plans to return to offering free tuition in the future. #ChryslerBuilding #NYCRealEstate #CommercialRealEstate #CooperUnion #OfficeMarketCollapse #AbyRosen #HistoricBuildings #ManhattanSkyline #RealEstateTrends #GroundLease #ArchitectureHistory https://lnkd.in/eqe9Y5Wp