NAI Heartland's Sean Ellington shares ambition for KC CRE

Sean Ellington joined NAI Heartland as an associate of the brokerage team in October 2017. His primary areas of focus are landlord and tenant representation with regard to leasing, property acquisition and disposition of retail and office properties in the Kansas City metro area. 

Ellington is a licensed commercial real estate agent in Kansas and Missouri. His current projects include:

·     Cherokee South Shopping Center – Overland Park, Kan.

·     Former Kneaders Bakery – Blue Springs, Mo.

·     Former Boston Market – Overland Park, Kan.

In this week's Broker Spotlight, Ellington shares his ambition of commercial real estate with MWM - including his goals, excitement and the new ideas he has for the industry.

Rachel Treanor (RT): What gets you excited to get to work every day?

The “maybe” or “what if” factor that gets me up every day is the potential for new business or projects! I am always excited to bring new brands or concepts to Kansas City. 

RT: How do you keep your skills sharp in this competitive climate?

Sean Ellington (SE): Stay on the phone and stay connected to the areas where you have projects. They will quickly overlap and your knowledge and contacts within a larger area will grow.

RT: What was your lightbulb moment to get into commercial real estate?

SE: My lightbulb moment was most likely when I worked in property management while attending KU. I saw how passive income was generated through real estate and I wanted to get involved. After property management, I was a commercial appraiser before I became an associate at NAI Heartland. The real draw of commercial real estate for me was the entrepreneurship aspect and how different being a broker is from a typical employee.

RT: Who is your mentor and why?

There are several partners within NAI Heartland that I would consider a mentor. Carl LaSala has been a constant resource and pillar to lean on during my time as an associate. Carl and I have discussed numerous topics; from contract review to stress management, he has made it easier to navigate the challenges of this business.

RT: Who do you mentor?

I probably don’t have enough gray hair to be considered a great mentor but usually start-ups and potential clients are the individuals I can help the most. My advice revolves around how to present a tenant’s vision and the resources and tools necessary to get a second look from a landlord or gain trust.

RT: What deal do you wish for in your future portfolio?

SE: It probably isn’t a specific deal as we all want to lease and sell larger and more impressive properties. My wish is to have a portfolio that the majority of deals are working with Kansas City based investors/businesses. I would like to better understand the younger investors/businesses that are getting involved in CRE as I am growing my portfolio. 

RT: What leads do you look for?

SE: Currently I am focusing on landlord representation leads. Most of my business has been a combination of landlord rep and tenant rep, but right now I would like to be speaking with landlords on projects that have not leased for some time or have just become vacant.

How can prospects contact you for more information?

SE: Give me a call or send me an email! (913)-907-9454 or sean@nai-heartland.com

Do you have a broker or developer you would like to feature in in the MWM Spotlight? We want to hear from you! Please send info to kcnews@metrowiremedia.com

Four new retail stores open in Belton Gateway

Four retailers have celebrated March grand openings in Belton Gateway’s $63 million second phase, including Marshall's, Party City, Petco, and Five Below.

Ross Dress for Less is scheduled to open later this spring in the $136 million, 47-acre mixed-use development located just west of I-49 at Y Highway. Kneaders Bakery opened in the summer of 2017.

“Belton Gateway is quickly becoming Cass County’s premier retail destination, thanks to its location and easy highway access,” said Belton Economic Development Director Carolyn Yatsook. “We are seeing a tremendous amount of activity in this corridor.”

In addition, the relocation of Turner Road has been completed and provides improved traffic flow to the North Scott redevelopment area. Additional pad sites are available for retail and restaurant development.

Developed by Christie Development, Belton Gateway’s two phases are master planned for a total of more than 182,000 square feet of developable space. The project’s $70 million Phase One is anchored by a 58,000-square foot Academy Sports and Outdoors store and a 55,000-square foot Hobby Lobby. Phase One has potential for construction of a 20,000-square foot hotel.

Vertical construction moves forward on Belton Gateway Phase Two

Infrastructure, pad site preparation and road reconstruction for the $63 million Phase Two of Belton Gateway are underway, with the first restaurant scheduled to open later this year and five new retailers on target to open in early 2018.

The future home of Kneaders Bakery is under construction at Christie Development Associates LLC's 47-acre, $136 million retail center just west of I-49 along Y Highway, and crews are preparing pad sites for Ross Dress for Less, Marshalls, Party City, Petco, and Five Below.

“Belton Gateway is quickly becoming Cass County’s premier retail destination, thanks to its location just west of I-49 and Y Highway,” said Belton Community and Economic Development Director Jay Leipzig. “We are seeing a tremendous amount of activity in this corridor, which offers retailers great visibility and convenient highway access due to a new interchange.”

Relocation of Turner Road is on target for completion in the third quarter of 2017 and will improve traffic flow from Y Highway/163rd Street to Belton's North Scott Redevelopment Corridor. 

Developed by Christie Development, Belton Gateway’s two phases include more than 182,000 square feet of developable space adjacent to the recently constructed I-49/Y Highway interchange that carries an estimated 85,000 vehicles daily.

The project’s $70 million Phase One developed in conjunction with Block & Company, Inc. included a 58,000 square foot Academy Sports and Outdoors store, 55,000 square foot Hobby Lobby, and two multiple-tenant retail buildings that are home to Belton Family Dental Care, Fazoli’s, and Cricket Wireless. The project's master plan includes construction of a 20,000 square foot hotel.