Welcome to the official blog of Block Real Estate Services, LLC (BRES). BRES seeks to offer insight and news concerning commercial real estate, financial investments, construction and development of the 212 communities we serve locally and nationally.

Thursday, May 30, 2013

Corporate Responsibility: Giving Back to the Community and Employees

corporate social responsibility
Corporate Responsibility is not only important for a company's long-term marketing strategy, but also is key to recruiting and retaining good employees. As these infographics from Forbes show, working for a company that believes in corporate social responsibility is important to employees. In this survey, 53% of workers answered that a job where they could make an impact was important to their happiness. See the full article in Forbes. 

Tuesday, May 28, 2013

BRES' Deal Of The Week - Lenexa Logistics Centre

Kenneth G. Block, Michael R. Block and Lou Serrone of Block Real Estate Services (BRES) closed on a $4.6M sale of 118.553 acres of land, located in Lenexa, KS. 

Deal Details:
  • Seller: Busch Farms
  • Buyer: A BRES Sponsored Investor Group
  • Bank: The Mission Bank
  • Location: College Blvd. & Renner Blvd.

Tuesday, May 21, 2013

How To Write A Prospecting Letter - Commercial Real Estate

In Commercial Real Estate, a prospecting letter can be the motivation for the reader to call on you...or
it can be bound for the trash can. It is important to recognize the determining factors that differentiate an opportunity from waste in the potential client's eye. There are factors out of your control that could send your correspondence to the can and this probably will happen to the majority of the letters you send. However, the small percentage who do take interest in your letter are that much more likely to make a deal with you. Here are some tips on writing a prospecting letter that seals the deal -

Wednesday, May 15, 2013

Multifamily Commercial Real Estate Social Media

The accessibility and reach of social media can be a great ally to reach your market in the apartment world. An integrated social media strategy will help you push leasing and communicate with residents, which equals: get new residents, and keep the ones you have! In this blog post, I will examine how social media can add value to the different facets of multifamily commercial real estate. 

Tuesday, May 14, 2013

Property Management Tip #5 Reputation Management

Manage. Monitor, Respond. 

A well-managed property should have a better reputation than its competitors. 

Keep tabs of what residents and prospects are saying about your property.  Monitor as many review sites as possible.  This will cost a little time and money, but it is well worth it.  If a resident posts a complaint online, they expect a response withing the hour!

Tuesday, May 7, 2013

KC CCIM Message From the President, Don Gessen

The Kansas City Chapter of CCIM (Certified Commercial Investment Member) is pleased to publish its annual market update, which includes articles from chapter members that address current trends in the local commercial real estate market. Our chapter is dedicated to providing our members with networking, education and technology

training opportunities so that our designees and members can offer excellent services to those who need commercial real estate expertise. If you need commercial real estate services,  CCIM is the first place to look.  Only 6% of commercial real estate practitioners in the United States hold this coveted designation. To attain this designation, they must complete a curriculum that covers many critical skills, including financial analysis, market analysis, user decision-based analysis and ethics.  They must develop a portfolio of experience that demonstrates a depth of real estate experience. And they must pass a comprehensive examination. 

Wednesday, May 1, 2013

Construction Projects are Blooming in Kansas City

Just as flowers are blooming with the onset of Spring, the Commercial Real Estate market continues to show signs of recovery with new building projects. Kansas City is no exception and Block Real Estate Services (BRES) is excited to share some of the projects that are springing up in the city...