Stuf Storage’s Post

NEW: When a mysterious web of connected companies started buying up building after building on a stretch of Pacific Heights, business owners in the area were hopeful that the infusion of capital could help buoy and revive the close-knit retail community that had been struggling since the pandemic. But, months after the properties traded hands, the vision of Upper Fillmore’s newest investor is coming into focus: And it does not appear to include several of the mom and pop businesses that have anchored the street for decades. #sanfrancisco #realestate #commercialrealestate #restaurants #investment #venturecapital #retail San Francisco Chronicle

“We are very bullish.” I got to give a “AMEN” to that comment from our president, Ryan Witges, for his inspiring comment in the Summer 2024 edition of NAIOP Development Magazine. If you get a moment, check out the article below. It provides a great overview of who Agracel, Inc. is, our journey, Ryan’s leadership style, and some of the trends we see in the market. Founded in 1986, Agracel continues to evolve and adapt as market conditions shift. Ryan nailed it when he said: “Major challenges have included rising interest rates, increasing construction costs, longer lead times, and supply chain disruptions. Fortunately, Team Agracel has risen to the challenge successfully.” Jack Schultz, Dean Bingham, and Ryan have laid a strong foundation that allows our team to pivot when necessary and continue charge forward. We've developed buildings that perform for our clients, investors, and communities, but we are more than just buildings. We are a trusted partner in the #industrialrealestate development space, committed to building strong relationships and not forgetting our “why.” Bullish we are and I truly believe the best is yet to come! #nnn #capitalmarkets #buildtosuit #saleleaseback #cre https://lnkd.in/e_8beGYx

Building with a vision beyond the present Standing under the vaults of the majestic Milan Cathedral, a question crossed my mind: if the architects and builders of this masterpiece were today's startups, would the cathedral still be standing? Probably not, and here's why. In the past, buildings like Milan Cathedral were built to last for generations. These structures were designed and built with the community in mind, reflecting a commitment to future generations. The reasons for such monumental undertakings varied, with some seeking to demonstrate their power, while others sought to contribute to the community or express gratitude to the community for their contribution. Regardless of the motive, the focus was on creating something lasting. Today, however, the primary goal of many businesses is to make as much money as possible as quickly as possible. This way of thinking encourages a constant search for quick money-making opportunities. This creates the illusion of a constantly changing environment. But is that still the case? Is the environment around us still changing rapidly, or are we frantically looking for changes around us to justify our actions and unhappiness? Imagine if we shifted our focus from short-term profits to a long-term vision to build something that would stand the test of time. What if our projects and businesses were designed with future generations in mind, with the goal of contributing to the community and creating lasting value? Milan Cathedral is just one of many symbols that remind us that true greatness is not achieved through speed and profit, but through vision, commitment and a deep connection to people and the future. #Leaswolf #Leadership #Sustainability #LeadershipDevelopment #Commitment #StrategicLeadership #VisionaryLeadership

Ever stumbled upon a game-changing innovation that made you think, "Why didn't I know about this sooner?" 🤔 That's exactly how I felt at the NYC Accelerator EXPO, where the 𝘁𝗵𝗲𝗺𝗲 𝘄𝗮𝘀 𝗟𝗼𝗰𝗮𝗹 𝗟𝗮𝘄 𝟵𝟳. As a real estate consultant specializing in NYC Coop & Condo Consulting, I'm always on the lookout for ways to optimize building operations for our clients. Sure, there were familiar faces and services, but it's the new, groundbreaking solutions that really pique my interest. A friend of The Folson Group, Marat Olfir, pointed us towards an innovative technology that's not only easy to install but also costs just a fraction of traditional alternatives. Minimal disruption, maximum efficiency – that's the kind of solution that gets me curious! And thanks to Tina Larsson for capturing that moment of curiosity (photo credits to her!). So here's my question to all the NYC Coop & Condo Board members out there: 𝗪𝗵𝗲𝗻 𝘄𝗮𝘀 𝘁𝗵𝗲 𝗹𝗮𝘀𝘁 𝘁𝗶𝗺𝗲 𝘆𝗼𝘂 𝗱𝗶𝘀𝗰𝗼𝘃𝗲𝗿𝗲𝗱 𝗮 𝗻𝗲𝘄 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝗼𝗿 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝘁𝗵𝗮𝘁 𝗺𝗮𝗱𝗲 𝘆𝗼𝘂 𝗿𝗲𝘁𝗵𝗶𝗻𝗸 𝘁𝗵𝗲 𝘄𝗮𝘆 𝘆𝗼𝘂 𝗺𝗮𝗻𝗮𝗴𝗲 𝘆𝗼𝘂𝗿 𝗯𝘂𝗶𝗹𝗱𝗶𝗻𝗴? Share your experiences in the comments below – let's get a conversation going about innovation in our industry! And if this post resonates with you, feel free to repost it. Who knows, you might just spark curiosity in someone else's day! #InnovationInRealEstate #NYCCoopCondo #BuildingOptimization

Sam Zell is Known as the "Grave Dancer" for his ability to turn around distressed properties. Zell built his empire through his sharp understanding of investments and bold deals. He has been involved in various sectors of real estate, from office buildings to apartments to industrial spaces, demonstrating versatility. He often seeks out investments that others may overlook or undervalue, capitalizing on market downturns to acquire assets at favorable prices. This approach has led to numerous successful deals throughout his career. #SamZell #RealEstate #MarketTrends

As someone deeply committed to urban revitalization and community growth, I am thrilled about the numerous benefits this acquisition brings and the potential it holds for fostering a more inclusive and diverse environment. Here’s why this is such a significant moment: Enhanced Shopping and Dining Experiences: One of the most exciting aspects of this acquisition is the potential to revitalize the Plaza's retail and dining scene. We can look forward to a diverse mix of high-end and boutique stores, alongside a variety of dining options that cater to all tastes. This will make the Plaza an even more attractive destination for both locals and visitors, celebrating a rich tapestry of cultures through food and retail. Economic Growth and Job Creation: The revitalization of the Plaza is poised to drive significant economic growth. By attracting new businesses and fostering a vibrant commercial environment, this acquisition will create numerous job opportunities and contribute positively to the local economy. Vibrant Community Engagement: The Plaza has always been a hub for community activities, and this acquisition will only enhance that. These events will bring people together, celebrate the diverse cultures within our city, and foster a strong sense of community and belonging. Support for Local Businesses: As a small business owner, I am particularly excited about the possibility Dallas Group’s commitment to supporting local businesses. They should understand the importance of maintaining the unique character and charm that local entrepreneurs bring to the Plaza. This support will ensure that the Plaza remains a place where local businesses can thrive, contributing to a vibrant and inclusive community. Fostering Diversity and Inclusion: One of my hopes with this acquisition is that it brings more diversity and cultural representation to the Plaza. Hopefully The Dallas Group is committed to creating an environment that welcomes everyone, no matter their background or community. By promoting diversity and inclusion, we can ensure that the Plaza is a place where all feel valued and represented, enriching the community with a variety of voices and experiences. Creating a Dynamic Future: This acquisition represents a new chapter for the Country Club Plaza, filled with promise and potential. enhancements, creating a dynamic and vibrant future for this iconic landmark. Together, we can build a Plaza that reflects the diverse and inclusive spirit of Kansas City. Together, we will ensure that the Country Club Plaza remains a cherished and inclusive destination for generations to come. #Sustainability #HistoricPreservation #Diversity #Inclusion #Shopping #Dining #CommunityEngagement #LocalBusiness #UrbanRevitalization https://lnkd.in/gTuQfqVG

We're partnering with CITY Furniture, who will outfit our new space with $35K worth of furniture, but at the heart of this partnership, lies an understanding; an acknowledgment that embracing experimentation in business and entrepreneurship is not just a choice – but a necessity. It's a recognition that standing still is akin to moving backward, and the only path forward is through relentless exploration and daring leaps into the unknown. "Our partnership with City Furniture is not just a collaboration—it's a synergy of shared values and a mutual dedication to driving innovation forward." Read more on City Furnitures entrepreneurial history, how this partnership formed, and what we plan to do together here: https://lnkd.in/dMVGwGMx

As Mike Tyson once said, everyone has a plan until you get punched in the face. This very much applies to real estate. A what feels like perfect plan results in a different outcome for reasons out of your control. In 2019 we acquired a shopping center, navigated the pandemic and executed 2 new leases, completed our development plan which materially reimagined the look and feel of the center, leased up the balance of our vacant space (including an end cap that had been vacant for over a decade) and extended all 3 anchor tenants. Great result. Then less than 12 months after we extended our largest tenant for 10 years we received news of the tenant’s bankruptcy and a potential lease rejection including our store. Major change. This was not a part of our plan. We huddled up with our partners (leasing, legal, investors, lender, architect, contractor) and put an updated plan in place. In the end, our openness, colloboration and creativity resulted in a 10 year lease with an investment grade credit tenant that will invest heavily in the store, complement our tenant mix, and drive greater traffic to the center. The result not perfect but a great outcome given the cards we were dealt. As always, great partners and a willingness to lean in to the tough stuff makes the difference. Thank you to our partners at Newmark led by John Jennings, the team at Harvest LLP led by Fernando Landa and of course our team at SENTRE for making great things happen in a tough environment. #SENTRE #Builtforthis #Partnership #Development #Retail #Reimagined

I'm thrilled to share the exciting news about an exclusive, game-changing partnership between Pioneer Group, The Crown Estate, and Oxford Science Enterprises. This marks the start of a partnership that has a long-term ambition to invest up to £1.5 billion to support the UK’s science, technology and innovation sectors.   In our initial project together, we are transforming a former retail site in central Oxford into a state-of-the-art 100,000 sq ft innovation hub.    This development is in a unique city centre position in one of the fastest growing ecosystems in the world. The repurposing of an existing disused department store is a crucial step towards providing the high-quality infrastructure needed to support Oxford's thriving science, technology and innovation sectors.   This is a culmination of months of hard work to form a partnership with multiple colleagues, specialists and consultants involved. A huge thank you to everyone who worked tirelessly to forge this strategy. I am looking forward to potential further projects in Oxford with Oxford Science Enterprises, and across the UK with The Crown Estate.    It can not be understated how this was an enormous team effort, to name a few; some special thanks to my colleagues, members of the Oxford Science Enterprises and The Crown Estate team; Richard O'Boyle Toby Reid James Evans James Latham Tom Sheldon Pete Wilder Jim Wilkinson Alex Hammacher Matthew Weiner Geoff Ford Ben Brinded Matt Fitter. From a property perspective, it has been great being advised by Joe Wall at HampsonWall, Nick Stewart at STEERFORTH LIMITED, Sam Potts at Bidwells, Raj Deb & Daniel Parker at Perkins&Will, Greenberg Traurig, LLP, CMS & Simmons & Simmons on the legals and JLL on partnership advisory. It was also a pleasure to work with Savills and DTZ Investors on the other side of the deal. Exciting times ahead - watch this space! Explore Our Groundbreaking Partnership 👇 https://loom.ly/lyXQFtE #realestateinvestment #sciencesuperpower #humanhealth #planetaryhealth

Oxford is such an exciting area for life sciences.