Hundreds of professionals will flock to Kansas City’s premier commercial real estate networking event on Thursday as organizers prepare for this year’s SIOR Development Day. The event, which is free for attendees, will bring together more than 1,000 real estate developers, brokers, engineers, architects and more to mingle and learn more about the roughly 80 companies scheduled to present that day.
The 25-year-old event has a strong history, and it’s only getting bigger. To accommodate that growth, event organizers this year have moved Development Day to the Kansas City Convention Center. The Grand Ballroom is double the space and allows for 25 percent more booths.
So why should you carve out a couple hours of your Thursday evening?
“SIOR Development Day is the one day a year all commercial real estate professionals come together, so it’s a great opportunity to catch-up with colleagues and meet new ones,” said Richard Wetzel, partner of Centric Projects. “Most companies that surround the commercial real estate world, like architects, engineers, contractors, banks, title companies, appraisal firms, economic development agencies, etc. take part. It’s a fun evening and something I look forward to every year.”
Be sure to check out Centric Projects’ booth that day, where the company will be highlighting some of its recent work.
It’s the diverse group that really makes the difference for Grandbridge Real Estate Capital. The company is continuing its streak of presenting at Development Day every year. That’s where it gets the best bang for its buck, as the company considers it the most well-attended event on the commercial real estate calendar.
“Not only is it a very fun event, but it also provides for perhaps the most diverse range of professionals under one roof,” said Joseph Platt, senior vice president at Grandbridge. “From that aspect, our exposure as a company is very wide due to our relationships with (those) professionals.”
For Platt, the soiree highlights one of the biggest keys to navigating the industry.
“Thankfully, the commercial real estate industry remains a relationship business,” Platt said. “Forums and events such as SIOR Development Day are ideal for professionals to gather and network, whether it’s meeting someone for the first time – which always seems to happen at Development Day – or bumping into a client or friend you see at similar events.”
But be prepared, said Marty Hoffey of MW Builders.
“Expect to visit with a large number of people in a limited amount of time,” Hoffey warns. “I typically have a couple weeks of follow up meetings with individuals and companies that I meet at the event, where we share information and discuss teaming opportunities on upcoming projects. Deals typically don’t get done at the event, but relationships are either developed or solidified throughout the evening.”
As an exhibitor, MW Builders will be highlighting a few of its recently completed projects, including the Kansas State University basketball training facility and Woodend Office and Distribution Facility I, as well as Woodend Office and Distribution Facility II, which is currently under construction.
It all goes down Thursday, Sept. 18 in the Grand Ballroom of the Kansas City Convention Center. Find more information on the free event, check out SIOR’s website, or click here.
hints at expansion in LPKC
Southwest Johnson County Economic Development Corp. hosted a breakfast Tuesday morning at Logistics Park Kansas City in Edgerton, Kan., where the group showcased Smart Warehousing’s newly-finished 575,000-square-foot distribution facility.
Carl Wasinger, founder and CEO of Smart Warehousing, shared the story of his company’s formation. Twelve years ago, Smart Warehousing was a 5,000-square-foot operation in Olathe. Today, the company has expanded and sits on 5 million square feet of space across 25 facilities in the United States.
Smart Warehousing has attracted more than 800 clients to its proprietary web-based system, which manages clients’ inventory flow. Wasinger says the company adds, on average, another client every day to a list that includes LEGO, Campbell’s Soup, Russell Stover, and SeaWorld.
The company is preparing for a growth spurt, and could be looking to expand their presence at Logistics Park Kansas City to over 1 million square feet within the next two years, Wasinger hinted.
For more information on Smart Warehousing, visit the company’s website, or click here.
BRES’ Deal of the Week
Block Real Estate Services takes home this week’s Deal of the Week with an $11 million investment sale in Overland Park, Kan. Grant Reves, Brian Beggs, Ken Block and Aaron Mesmer teamed up for the sale of a 107,912-square-foot building office building at 4400 College Blvd., better known as 4400 Corporate Center.
With easy access to I-435, the Energy Star qualified 4400 Corporate Center has a number of suites ranging from 1,400 to 52,000 square feet, and numerous updates to the lobby, atrium, elevator cap, restrooms, and has a new roof and updated parking lot.
Susan Smith and Michael VanBuskirk of Newmark Grubb Zimmer represented the buyer.
Did you recently close a significant deal? Let us know and we may feature it as our deal of the week! Click here to email MetroWire Media’s managing editor.