USFP forms new property management partnership

Longtime commercial real estate veteran Michael T. Lanning is partnering with US Federal Properties (USFP) to oversee its property management portfolio. USFP acquires, develops, finances and manages properties primarily leased to the U.S. federal government.

Lanning will lead US Asset Services, a newly formed entity that has acquired USFP's Class A portfolio of 35 properties representing more than two million square feet in 14 states.

"We worked with Mike for 12 years at CBRE and have continued to maintain a great relationship with him over the years," said USFP Principal Rick Baier. 

"This partnership is an opportunity for Mike - who has been with large commercial real estate firms his entire career - to own, manage and develop his own company. It is equally beneficial for USFP since it allows us to focus on our core business of developing commercial properties."

The acquisition and partnership does not affect the development efforts of USFP Principals Rick Baier, Dan Carr, Cathy Baier and Kevin Kelly. Additionally, USFP's sister company, CBC Real Estate Group, will continue its development activities.

"The USFP acquisition gives us a national platform on which to build US Asset Services, which is focused on owners of government-occupied buildings and healthcare real estate," Lanning said. "I'm excited to take the best practice learnings from my 30-year career with large brokerage firms and partner with USFP to leverage its portfolio to service existing and future property management clients."

Anne Lemon, CPM, will join Lanning as Managing Principal at US Asset Services. US Asset Services will retain USFP's Property Management associates and clients and will co-office with USFP/CBC.

Lenexa Civic Center is main dish at October CREW KC luncheon

Construction and project updates for Lenexa’s landmark $75 million, 200,000-square foot Civic Center development were on the menu at CREW KC’s quarterly luncheon, with project managers from the City of Lenexa, PGAV Architects, JE Dunn Construction and CBC Real Estate Group offering insight into everything from design challenges to project timelines.

Beccy Yocham, City of Lenexa director of community development, provided an overview of the multi-use project at 87th Street and Renner Blvd. In July, the new City Hall and Recreation Center opened, followed by the Lenexa Public Market in September. By the end of the year, construction will begin on a new branch of the Johnson County Library, as well as a $22 million Shawnee Mission School District aquatic facility and parking garage just north of the civic campus.

Jennifer Goeke, project manager for PGAV Architects, and Susan Schaefer, senior project manager for JE Dunn Construction, provided insight into the meticulous care and challenges involved in the design and construction process.

“Our goal was to create a unique sense of place for the City of Lenexa with pedestrian connectivity and really ‘activating the streets.' " Goeke said. “There was a lot of intent involved with the selection of materials and overall design to express the different components of the City Hall, Public Market and Recreation Center. One of the challenges was incorporating building services such as transformers, trash, utilities and loading docks because the buildings in this project don’t have a back side. They are all 360 degrees facing either public plazas or neighboring developments.”

Constructibility challenges included the 5-story, 500-space parking garage with a slight bend along 88th Street to maximize space within the project site. “This slight kink in the garage design added a month to the engineering process and at least a week to the erection process,” Schaefer said. "This was a 100 percent collaborative effort from beginning to end."

The collaborative spirit helped create friendships that made for a bittersweet conclusion to the massive three-year project, according to Michelle Kaiser, senior project manager for owner’s representative CBC Real Estate Group.

“The team spent a lot of time together over a two or three-year period, working all day and then bonding at Happy Hour ‘work sessions.' " Kaiser said. “It’s sad when you end such a great project after working with such a great team. There’s a bit of a let-down.”

Lenexa Civic Center is part of Lenexa City Center, a 200-acre, mixed-use development spanning all four corners of 87th Street Parkway and Renner Boulevard. For more information, click here.

Lenexa Director of Dommunity Development Beccy Yocham teed up discussion of the Lenexa Civic Center project at CREW KC's quarterly luncheon at Grand Street Cafe.