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Omaha enters Top 10 most competitive U.S. rental markets

Omaha enters Top 10 most competitive U.S. rental markets

Header image: The $22M mixed-use, new construction Blackstone Corner building caddy-corner to Cottonwood Hotel in the revitalized Blackstone District includes 112 luxury apartments and 12,000 SF of commercial space. Image credit: GreenSlate Development

Hanley Investment Group sells Topgolf Omaha

Hanley Investment Group Real Estate Advisors has successfully orchestrated the sale of a property occupied by Topgolf Omaha for a staggering $7.7 million. This landmark transaction represents a significant milestone as it marks the first and only location for Topgolf in Nebraska.

Situated at 908 N. 102nd St., the property enjoys a prime location adjacent to prominent establishments such as Chipotle Mexican Grill, X-Golf, and a forthcoming nine-acre mixed-use development. The state-of-the-art Topgolf building, spanning 24,496 square feet, was meticulously constructed in 2020, embodying modernity and functionality.

Boasting an array of amenities, the Omaha Topgolf facility offers 72 climate-controlled hitting bays, a full-service restaurant, multiple bars, private event spaces, a rooftop terrace, and over 200 HDTVs, ensuring an unparalleled entertainment experience for patrons.

Jeff Lefko and Bill Asher of Hanley Investment Group played instrumental roles in the transaction, representing the seller and developer, a private investor hailing from Omaha. On the other side of the deal, Ashish Wadhwani of Wadhwani Holdings acted on behalf of the buyer, a private investor based in the metropolitan area of Houston.

The sale of this iconic property underscores Hanley Investment Group's commitment to facilitating lucrative real estate transactions that not only maximize value for clients but also contribute to the growth and development of vibrant communities.

For more information on this transaction and future opportunities, stay tuned for updates from Hanley Investment Group Real Estate Advisors.

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Image credit: Topgolf

Nebraska Medicine breaks ground on $33 million Kearney Cancer Center

Nebraska Medicine breaks ground on $33 million Kearney Cancer Center

Feature image courtesy of McCarthy Building Companies.

Jim Francois promoted to Project Director at McCarthy Building Companies

McCarthy Building Companies, Inc. has promoted Jim Francois to the position of Project Director, based in the company’s Omaha office. 

In his new role, Francois leads onsite construction teams on a wide range of McCarthy building projects spanning the healthcare, education and science & technology sectors. 

Since joining McCarthy as a project manager in 2018, Francois has overseen numerous building expansion and renovation assignments across the region. His recent project leadership experience includes the Elliott Equipment Company headquarters and manufacturing facility, the new Buena Vista High School and Beveridge Middle School for Omaha Public Schools, the CHI Health Infusion Lab and Nebraska Medical Center’s Olson Center for Women’s Health renovation. 

Francois’ current projects include the Durham Science Center and Roskens Hall STEM TRAIL Center renovation at the University of Nebraska Omaha, and the new Administration Tower and parking garage at the University of Nebraska Medical Center.

“Jim is a highly skilled project leader with a strong track record of building trusting relationships with team members while delivering exceptional construction outcomes,” said McCarthy senior vice president and business unit leader Ryan Sawall.

Francois earned a Bachelor’s Degree in Construction Engineering Technology from the University of Nebraska at Omaha.

An active community supporter, his recent volunteer activities include leading a blood drive in McCarthy’s Omaha office for the American Heart Association and participating in the “Pedal the Cause” event to support cancer research.

McCarthy moves into new Nebraska headquarters

McCarthy Building Companies, Inc. has moved into its newly constructed office building and warehouse that serves as the national construction company’s new Nebraska headquarters.

The 15,000 SF industrial-flex office development includes a single-story office building, warehouse and adjacent construction yard. It was developed by McCarthy and Tetrad Property Group, LLC and designed by DLR Group.

“We’re exceptionally pleased with the new office, which not only supports McCarthy’s local growth and expansion, it also underscores our company’s long-term commitment to Omaha,” said Ryan Sawall, vice president of McCarthy Building Companies and a resident of Omaha.

Located at 4201 S 130th Street, at the intersection of 132nd Street and I Street in west Omaha, distinctive features of McCarthy’s new Nebraska headquarters include high-tech conference capabilities, as well as flexible gathering spaces to encourage collaborative work among employees, clients and industry partners. 

The adjacent climate-controlled warehouse can accommodate the delivery and short-term onsite storage of construction materials and support offsite production, also known as prefabrication. This construction technique, which has become increasingly important during the COVID-19 pandemic, involves fabricating and assembling building components in a remote shop environment instead of at the jobsite. The process not only ensures quality and creates schedule certainty, it also gives teams the flexibility to add shifts or modify schedules to support social distancing because fewer workers and visitors are involved. 

The new high-tech conference facility is designed to support McCarthy’s state-of-the-art Virtual Design & Construction (VDC) technologies, which helps clients maximize budget and schedule efficiencies throughout the design and construction process. For example, at the VA Omaha Ambulatory Care Center, Building Information Modeling (BIM) enabled the McCarthy team to continuously review and compare design updates while laser scanning helped confirm as-built conditions with 3D coordination to increase layout precision and ensure project controls.

Since entering the Omaha market in 2001 as a builder of choice for local healthcare providers, the Omaha team has completed more than $1 billion in construction projects and grown into the fourth largest contractor in Nebraska according to ENR Midwest

McCarthy continues to expand its regional footprint by successfully delivering complex, challenging projects across a wide variety of market sectors and project types. Its core markets include healthcare, education, laboratories, pharmaceutical manufacturing, commercial, arts and entertainment, and industrial projects. 

In Nebraska, McCarthy is currently overseeing more than $200 million in construction work including the new Marriott Tribute Portfolio Hotel on the Nebraska Innovation Campus in Lincoln, the recently completed VA Omaha Ambulatory Care Center and a new high school and middle school for Omaha Public Schools.