Ameren’s Post

Today we are highlighting our member spotlight featuring Bill Wallace, the President of Big C Lumber Co.! MBSA is a diverse group, and we are excited to share more about the individual members of our association.   Bill Wallace 1. How did you get started in the supply industry? Recently married and was looking for gainful employment in an industry that I would be able to advance in. 2. What is the most rewarding part of your occupation? B: Watching people develop and succeed while going on to further their careers. 3. Is there a specific moment or experience in your career that encapsulates your passion for what you do? Early on realizing that what we do, and supply is going into someone's dream that will keep their family safe and sound. 4. Who or what inspires you? The passion of the people I work with inspires me every day. 5. How has being a MBSA member impacted your experience in the building supply industry? The networking is the best. We all pull on the same side of the rope so getting to know others and sharing ideas is wonderful. 6. How do you spend your time outside of work? Is there anything in particular that you enjoy doing? I like to golf but spending time with my family including my 6 grandkids is the best! 7. What are some important/notable trends that you have noticed in the building supply industry? There are many. Smart homes and how they function are an important part of new construction. Also, with the introduction of information and shows like HGTV, consumers are more educated though their expectations aren't always realistic.

Site Selection magazine has ranked Jackson, Tenn., No. 8 on its list of 2023 Top Metros - Tier 3, which ranked communities with populations over 50,000 but under 200,000 based on the number of industrial projects announced in 2023. Jackson was tied for eighth place with several other communities, including Cleveland, Tenn. In Fiscal Year 2023, Jackson announced one new company location and six company expansions, bringing in 747 new jobs and over $447 million in capital investment. "This recognition reaffirms Jackson's position as a prime destination for businesses seeking to thrive and expand,” stated Mandy White, Chief Economic Development Officer at the Greater Jackson Chamber. “Our community's collaborative spirit and strategic initiatives continue to attract investments, driving economic vitality and creating opportunities for our region." The annual ranking, conducted by Site Selection magazine, assesses communities based on their prowess in drawing investments, utilizing a comprehensive 10-factor index. This index leverages data from Conway Data, Inc.'s extensive database of new and expanded project announcements. #jacksontn #EconomicDevelopment

Wheatsville's Guadalupe location faces closing at the end of 2026 due to the new light rail's placement. "There are several serious challenges facing Guadalupe in the years ahead. The first issue is one that will completely alter the nature of transit along the Guadalupe corridor. Project Connect’s Orange Line will impact all businesses and residents in the North University area, and especially those with frontage along Guadalupe. This transformative project will undoubtedly provide significant, long-term public benefit to our city and its residents. However, it may also limit our ability to effectively operate a grocery store at our present location." There are 3 potential solutions Wheatsville is considering. You can read more about this from Wheatsville: https://buff.ly/3R26M8L (or our buff.ly/3NGoso9)

Buying Industrial Real Estate in Louisville, KY is a challenging process riddled with potential pitfalls. ⚠️ In today's article, we highlight the top 10 things business owners/investors need to look out for before buying a commercial property in the city. ✅ What are your thoughts on this article? 💬 I'd love to hear your feedback in the comments! 👇

While that new big box store, strip mall, or drive-thru restaurant may last only a couple of decades, the maintenance obligations from all that asphalt and those new sewer lines are eternal writes Charles Marohn. Most cities and towns in North America are functionally insolvent. This is not hyperbole. It comes down to a simple question: Is new development producing enough wealth to fund the long-term maintenance of its own infrastructure—let alone public safety and all the other services that we expect government to provide? When we examine these costs and revenue streams, we often find the answer is no. https://lnkd.in/g3vscwu

Hot off the press from NAIOP Maryland - the article below provides insights from industry experts into the state of the industrial market in the region including the significant economic impacts of the planned Sparrows Point Container Terminal by Kerry Doyle. Give it a read! #IndustryinMotion #DecadeinMotion #IndustrialConstruction #RealEstate #NAIOP

check out our upcoming industrial site development webinar

OM NOW AVAILABLE = Eastgate Apartments in Tulsa, OK Desirable Property Fundamentals ·   Offered as a loan assumption with extremely attractive terms ·   1970s construction featuring a large 997 SF average unit size ·   Attractive community amenities include children’s playground, swimming pool, laundry room, and ample green space ·   Frontage exposure to the Eastgate Metroplex business park and major employers including Capital One, Enterprise Holdings, Alorica, and RadNet ·   Located near major medical corridors - nearly 1,900 healthcare-related businesses within a 10-mile radius employing over 43,000 people (ESRI) ·   Less than 10 miles from American Airlines MRO, Spirit AeroSystems, and the Amazon Fulfillment Center  ·   Short commute times to the Central Business District and wider MSA via Interstate 44 and Mingo Valley Expressway Excellent Market and Submarket Fundamentals ·   No market-rate deliveries in the past 12 months or anticipated deliveries through 1Q 2026 (CoStar: East Tulsa Submarket) ·   41% renter-occupied households and 53% white collar workforce within a five-mile radius (ESRI) ·   Tulsa MSA is recognized as a top city to start a business (WalletHub) a top city for quality of life (Sperling’s Best Places), and a “destination on the rise” (National Geographic) ·   Tulsa MSA unemployment currently stands at 3.4%, continuing to track below the national average (BLS, September 2023) For more information - https://lnkd.in/dSbevTyY #newmark #loanassumption #multifamily #tulsa Tim McKay Justin Wilson Ben McKay

Bridle Path Estates at Apple Valley (the “property”), an approved specific plan for up to ±1,102 homes consisting of ±664 gross acres (APN’S: 0472-051-40 & 0472-051-41). Located in the Town of Apple Valley, California, the Subject Property is bordered to the north by Falchion Road, to the east by Chippewa Road, to the west by mountains, and to the south by Tao Road which enters into the southern boundary of the Property. The Subject Property is also located just south of the approved High Desert Corridor a ±63-mile-long “multi-purpose” corridor which includes a high-speed rail combined with features like solar energy, water replenishment, and bikeways that would connect California High-Speed Rail Authority’s planned Palmdale Stations to Brightline West rail service planned between Las Vegas and the Victorville area. In 2006, the Specific Plan was approved for up to 1,102 units. In 2007 nine Tentative Tract Maps were approved for the first two phases of the Property for a total of 384 half-acre & larger minimum lots on 340 acres. Bridle Path Estates TMs were to expire in March 2022. Town is set to vote on an additional extension in June 2022. The Property is conveniently located just east of the Interstate 15 freeway and north of Highway 18 (Happy Trails Highway). A ±1.5-acre fire station site will be located within the community. Includes a Commercial Retail overlay in the northeast corner to benefit from the future High Desert Corridor. The sewer main ends with a clean out on Chippewa Rd, at the south boundary of the project area. Located south of the future Brightline West train station. Joseph W. Brady, CCIM, SIOR, President DRE Lic# 01057618, 00773589 760.951.5111 Ext 101 760-954-4567 [email protected] Link to listing is in the comments. #vacantland #commercialrealestatebroker #landdevelopment #californiarealestate #commercialretail

@followers let me know if you have any interest in investing in an income-driven property before the end of the year #2023 #investors #oklahomarealestate #oklahomarealtor #exprealty #commercialrealestate