How to Set a CRE Emergency Plan

'Tis the season for long lines and large crowds. Don't forget the blizzards and ice storms that happen this time of year. The last thing you want is to be unprepared in an emergency.

Deal of the Week: Multifamily Property in KC

Michael Block and Aaron Elyachar of Block Real Estate Services, LLC (BRES) closed on the sale of a multifamily property in Kansas City, Missouri.

Deal of the Week: Office Building in Mission

Grant Reves, Aaron Mesmer, Brian Beggs and Ken Block of Block Real Estate Services, LLC

(BRES) closed on the sale of an office building in Mission, Kansas

Tips on How to Increase Web Traffic

Businesses dream of having high traffic counts to their website. But how do you get people to your website? Increase traffic by driving people to your blog using some of these 101 Simple Tips to Increase Web Traffic. 

Deal of the Week - Retail Space in Overland Park

Kim Bartalos and Nathan Vanice of Block Real Estate Services, LLC (BRES) sealed the deal of a retail building in Overland Park, Kansas.

BRES Launches App at SIOR Development Day

The Western Missiouri--Kansas Chapter of the Society of Industrial and Office Realtors (SIOR) hosted its annual SIOR Development Day.  Block Real Estate Services was proud to be one of the 88 exhibitors representing commercial real estate and development professionals serving the Kansas City metro area. Other exhibitors included commercial real estate firms, developers, construction companies, engineers, architects, service companies, and area Economic Development Associations.

SIOR Development Day is an evening dedicated to networking, highlighting new projects and remembering why we love the industry.

Block Real Estate Services was proud to launch their latest development, an app highlighting 46 Penn Centre, the newest high-rise Class-A office building on the Country Club Plaza. 

The highly interactive app, created in collaboration with Command.app, highlights the company, the Kansas City area, and the stunning 46 Penn Centre development. Users are able to take virtual tours by moving the building, see the views from the 14th floor, and imagine relaxing on the rooftop terrace. 

For more information on 46 Penn Centre, click here. 

Connect With Prospects with These 10 Tips

Block Real Estate Services, LLC (BRES) continuously strives to create the best connections with prospects. Business professionals everywhere are doing whatever it takes to get noticed and create the best connections. Whether you are a real estate professional or a banker, these 10 tips will help you better reach out and connect with prospects. 

BRES' Deal of the Week - Office Building in Olathe

Bruce Johnson of Block Real Estate Services, LLC (BRES) represented a buyer on the sale of an office building in Olathe, Kansas.

Valuation of Commercial Real Estate: Part 4

Don't let your higher potential returns override your gut instinct.

BRES Current Listings

Stay up to date on what Block Real Estate Services, LLC currently has to offer! Click the buttons below to see what we currently have on the commercial real estate market.

Valuation of Commercial Real Estate: Part 3

There are various ways for income capitalization: gross rent multiplier, capitalization rate, cash-on-cash return and discounted cash flows.

Valuation of Commercial Real Estate: Part 2

There are three ways to build wealth in commercial real estate: Cash Flows, Debt Principal Reduction, and Appreciation.

Valuation of Commercial Real Estate: Part 1

Commercial real estate comes in four varieties: Office, Industrial, Retail and Multifamily.

BRES Begins Demolition at 46 Penn Centre Development

Activity has begun at the location of the new Class A office re-development, 46 Penn Centre. 

Block Real Estate Services CRE Deal of the Week

Stephen Block and Steve Bessenbacher of Block Real Estate Services, LLC (BRES) closed on the acquisition of a medical office building in Overland Park, Kansas.

Commercial Real Estate 101

Understanding the basics of how commercial real estate works will make the process of leasing or buying much easier. 

CRE Occupants, Are You Making Any of These 10 Mistakes?

Those occupants who are buying or leasing commercial real estate, face an array of issues and considerations to examine before inhabiting a new property.

Partnering Brings Big Benefits for CityPlace Multifamily Community

Pooling resources and talent, the Overland Park, Kansas development of CityPlace is on a winning team to become a coveted mixed-use master plan.

Critical Components for an Effective #CRE Presentation: Part 3

An unspoken part of making an effective presentation is making sure it’s unique and personal for every prospect –while still making sure you adhere to your company brand standards.

How Can KCRAR Influence You?

The Kansas City Regional Association of Realtors (KCRAR) is one of the largest and most respected real estate trade organizations in the country. 

Critical Components for an Effective #CRE Presentation: Part 2

Determine your real estate objectives.

Top 10 Marketing Tips for CRE - Tip #10 - Invest in Staff

Invest in people who will invest in your brand and your company! Your employees can be one of 

your biggest assets if you let them.

Top 10 Marketing Tips for CRE - Tip #9 - Market Trends & Research

Understanding how shifts in culture affects how you target your clients!  

How To Make Branding Work For You In Real Estate

Branding is everywhere these days. If you can’t “just do it” (Nike), aren’t “lovin’ it” (McDonalds), or can't "have it your way" (Burger King), you might be living under a rock.

@BlockRes #CRE #Multifamily Deal of the Week - Ridge Point Apartments

Matt Ledom, Brian Beggs, Grant Reves and Aaron Mesmer of Block Real Estate Services, LLC

(BRES) closed on the sale of a multifamily building in Kansas City, Missouri.

Top 10 Marketing Tips for CRE - Tip #8 - Event Marketing

Engage attendees well before the event- set your goals and drive your traffic!

Critical Components for an Effective #CRE Presentation: Part 1

A powerful presentation is a result of preparation- Know your subject matter

Top 10 Marketing Tips for CRE - Tip #7 - Public Relations

Tell your story to the world, or better yet, have a third party endorse you! 

@BlockRes #CRE Deal of the Week - 4 Pine Ridge Plaza

Gene Elsas, Brian Bock, and Ken Block of Block Real Estate Services, LLC (BRES) executed a

long-term lease on a Class A office building in Lenexa, Kansas.

46 Penn Centre and the Class A Demand

Kansas City's thriving technology sector has the office market remaining strong for the first quarter of 2015. Occupancy rates and average rents have risen compared to lasts years figures. A combination of tech focused employers and lower office vacancies have fueled the demand for Class A office space. These employers are demanding that their new office space offer up vibrant areas that will cater to the changing needs and desires of rising professionals.

Market Growth
On an overall national basis, the office market landscape has seen an increase in rental rates and absorption. National rental rates increased from $21.75 PSF in 2013 to $22.38 PSF at the end of 2014. In March 2015, the demand for open jobs in the Kansas City area had over 11,000 postings, with 7,700 being full time. Garmin, Cerner and BIME Analytics are all companies that have expanded in the Kansas City area, helping push the need for more Class A office space.

The Millennial Demand
With companies continuing to hire Millennials as they enter into the workforce, the office layout has seen a change. Office spaces are increasingly moving to the more open and creative work space Millennials prefer. Forbes projects that three out of four workers to be Millennials by 2025 further impacting the office landscape. Millennials are tech savvy and ambitious workers who have taken on a variety of different working styles and preferences than generations before. Studies have shown that  Millennials are more productive when sitting in cafes or lounge style areas than at a traditional workstation. High tech companies, such as Facebook and Google, have incorporated these style trends into their newest office buildings. With Kansas City turning into the Silicon Valley of the Midwest office developers need to keep this new style in mind.


Meeting the Demand
Block Real Estate Services, LLC (BRES) is meeting the Kansas City demand with our newest Class A office re-development, 46 Penn Centre. 46 Penn Centre will be an eight story high-rise office tower development on the prestigious Country Club Plaza, featuring approximately 200,000 RSF of office space, 6,456 +/- restaurant space and secure, covered parking. This development will have private tenant balconies on all floors and will be constructed with only four columns to maximize space-plan efficiency.

Click here to watch and learn more about 46 Penn Centre.

For more information on 46 Penn Centre, or other Class A office real estate, please contact:

Hunter Johnson

Vice President
Block Real Estate Services, LLC
LinkedIn

Max Wasserstrom, CFA
Sales Associate
Block Real Estate Services, LLC
LinkedIn

Top 10 Marketing Tips for CRE - Tip #6 - Relationship Marketing

Develop strong, lifelong relationships with your customers and your customers will build brand

awareness and positioning with their conversations and referrals

Much More Than a City, Overland Park is the Ideal Setting to Live, Work and Play

Springtime is one of the most beautiful times of year with so many refreshing ways to take advantage Money Magazine as one of the “Top 10 Best Places to Live,” is flourishing with family-friendly and back-to-nature events of the weather and spring blooms. Overland Park, Kansas, rated by which make it even more appealing to investors. Here are just a few of the springtime attractions:

Get to Know BRES - Aaron Elyachar

"GET TO KNOW BRES" - Meet one of our newest commercial real estate brokers at Block Real Estate Services, LLC (BRES).

@BlockRes #CRE Deal of the Week - Executive Hills

Mike Comiskey, Matt Spachman and Ken Block of Block Real Estate Services, LLC (BRES)

executed a long-term lease for a Class A office building in Kansas City, Missouri.

Top 10 Marketing Tips for CRE - Tip #5 - Photography & Video

A picture is worth a thousand words & one minute of video is worth 1.8 million words. 

Kansas City Has All The Pieces To Solve Logistical Puzzle

Wherever you are located, Kansas City has the industrial parks to help boost your business. Our

central location makes our city ideal for your new data center, distribution headquarters or high-tech assembly facility or E-Commerce platform. We have all the pieces to make logistics as efficient as possible.

Block Multifamily Perks Up Management Expertise for Folgers Complex

The old Folgers plant in downtown Kansas City, Missouri is once again brewing with activity…but  

not the coffee kind.

Top 10 Marketing Tips for CRE - Tip #4 - Mobile Marketng

Mobile marketing has taken off and 90% of American’s own a Smartphone.  If your marketing efforts aren't mobile friendly you're missing out!

Get to Know @BlockRes - Aly Noland

"GET TO KNOW BRES" - Meet one of our newest Property Manager's at Block Real Estate

Services, LLC (BRES).

@BlockRes #CRE Deal of the week - MOB Portfolio Investment

Stephen Bessenbacher, Brian Beggs and Stephen Block closed on a portfolio acquisition for several medical office buildings in both Massillon, Ohio and Elizabethtown, Kentucky.