With 2020 throwing curve balls left and right, the commercial real estate industry has seen its own set of challenges, yet Mohr Capital has remained resilient. Our most recent project is Mohr Logistics Park. At 500 acres, it’s the largest industrial park in the Indianapolis area built in the last decade. In late August, Mohr Capital held a groundbreaking ceremony to celebrate the start of construction and its inaugural tenant, a new Cooper Tires facility scheduled to be complete in the first quarter of 2021.
Our team is thrilled to be working in Whiteland, Indiana, and contributing to the area’s growing economy. The project adds to Mohr Capital’s Midwest portfolio that previously included an 800,000-square-foot industrial space in Franklin, Indiana, and currently a 300,000-square-foot on a build-to-suit property in Michigan City that is in the final stages of construction.
No matter how you envision your next office or industrial facility, Mohr Capital is committed to delivering custom projects on time, within budget and tailored to your specific needs regardless of scope or location. With our own in-house capital, debt relationships and development processes in place to better serve our clients, we work quickly to complete projects—including build-to-suit, build-to-own, design-build construction, speculative development and fee development.
The net result: We streamline the development process and skillfully manage every aspect of a commercial property, including:
“Though a lot of companies preach about a collaborative and transparent approach, it is rare to see it truly implemented to the degree Mohr does. It is refreshing to find a partner that understands you can build great relationships and projects through treating everyone fairly and professionally. For this, I thank you!”
Schwob Building Company
For more on our development services, view our brochure.
If you’d like to learn more about Mohr Capital and how we can assist with your various development needs, please contact Gary Horn.
We’ve covered retail and development, but one area of expertise we have yet to talk about in detail is acquisitions. Learn more about our approach and how it differentiates Mohr Capital from other commercial real estate firms as well as special insights into the acquisition of MetCenter – our largest acquisition to date.
In the past, sometimes the only way to land a deal would be through luck or personal relationships, especially with local brokers or contacts. Times have changed, and commercial real estate isn’t a regional game anymore. The process of acquiring a property has become increasingly competitive due to advancements in technology, communications tools and readily available resources in recent years, and the Mohr Capital team knows how to stay a step ahead of the competition. Speed, efficiency and trust are three key aspects of any successful acquisition. Our single source of capital and family office structure allows us to be transparent and move as soon as a deal is sourced.
Moving quickly while utilizing expertise and single sourced capital have proven successful for our firm, and these tactics land us impressive acquisitions such as MetCenter – a Class A 404,800-square-foot office and industrial portfolio in the southeastern section of Austin, Texas, acquired from Zydeco Development. Closing a deal this size was a big win for Mohr Capital and we’re excited to have such a diverse tenant roster at the MetCenter property.
With above-market parking ratios, easy access to highways and the property’s proximity to Austin-Bergstrom International Airport, the location is ideal for its esteemed tenants including Amazon.com, Inc., Uber Advanced Technologies Group and others in the technology, healthcare and government space. Seeing as Austin is ranked first in 2020 commercial real estate prospects, and the property falling under the office and industrial sectors, the deal came at the right time and was right in our wheelhouse. We were able to add significant value due to the property’s current market rate and our knowledge of Austin’s commercial real estate market trends.
Rodrigo Godoi oversees the entire lifecycle of an investment and takes a hands-on approach from the concept phase of a project through its completion. In his role as managing director of investments, Rodrigo has actively built Mohr Capital’s investment portfolio by managing nationwide acquisitions and dispositions of office and industrial assets. While some days consist of prospecting and others are spent underwriting and analyzing, each day holds a new challenge. He takes pride in his ability to find deals that hold high market returns.
Rodrigo and the rest of the Mohr Capital team are looking forward to cultivating new, mutually beneficial and collaborative partnerships nationwide, as we constantly seek new acquisitions. If you are interested in learning more about Mohr Capital’s acquisition services, please contact Rodrigo at Rodrigo@MohrCap.com.
With development being a key area of focus for Mohr Capital, we’re highlighting this area of our business this month, as well as the leader of this sector, our Chief Investment Officer, Gary Horn, who has overseen our build-to-suit and speculative development platforms since 2008. Keep reading to learn more about Gary’s expertise, his take on current industry trends and to find out what sets us apart from the competition.
Like any other industry, commercial real estate is constantly changing, as are the needs of tenants. “Entitlement and compliance are two major changes we are currently seeing in development,” says Gary. “Being able to proactively address various municipal and building code requirements is critical.” However, no matter the changes in the development landscape, understanding the needs of the client and maintaining their trust remains both Mohr Capital’s and Gary’s top priority.
One key relationship that has withstood many changes in the industry is Mohr Capital’s relationship with Cooper Tires. As the tire company’s exclusive real estate provider for both leasehold transactions and development for the past 15 years, Mohr Capital has gained a wealth of knowledge and experience when it comes to tire manufacturers and their processes, which leads to proactive management of their real estate portfolio. In addition, weekly status meetings and follow-ups noting milestones and critical issues are necessary aspects of a successful partnership such as this. The insights Mohr Capital has gained partnering with Cooper Tires have contributed to other successful development projects, such as a storage and distribution facility currently underway in Indiana for GAF, the largest roofing and waterproofing manufacturer in North America.
Gary’s mantra has always been, “You’re never wrong to do the right thing,” which has been especially applicable to his work in real estate development. “Providing top notch customer service and meeting client needs have always been and will always be our top priorities at Mohr Capital,” says Gary. “If you are open, honest and diligent, you can always deliver a successful project for all parties.”
Mohr Capital is a trusted partner that can identify and procure the right space every time. With our roots on the tenant side of the business, we structure deals with significant benefits to the tenant, our customer, and are dedicated to delivering the highest quality projects.
Gary has overseen our build-to-suit and speculative development platforms since 2008 and handles every aspect from procurement to delivery, including vendor selection, entitlement, permitting, financing and project management. Having been in the real estate business for over 30 years, he is widely recognized for his knowledge of real estate development and knack for numbers. Regardless of size, every deal matters to Gary. He considers each deal he closes to be a part of his growing professional achievement.
Gary and the rest of the Mohr Capital team look forward to sharing how we can help your business grow and expand. If you’d like more information about our development services, please contact Gary today.
With extensive experience in office and industrial assets, we decided it was time to take Mohr Capital’s success to new heights. Our vision for this new segment of our business is to create a large, full-service retail platform focused on value-add development and investment. In order to achieve this goal, we felt it was necessary for Rob to grow his team and onboard new talent specializing in retail development opportunities.
As a company with a single source of flexible capital, we take a highly sophisticated approach to investment opportunities that allow us to create value, act quickly and deliver exceptional quality of service. Mohr Capital knows the importance of trust and what it takes to ensure everyone involved in a transaction is satisfied with the outcome when it comes to brokers and tenants alike.
With “retail apocalypse” splashed across every other headline in the news these days, it’s easy to believe that soon we’ll be living completely online when it comes to how we spend our money. While there’s no doubt e-commerce plays a big part in today’s world, certain brick-and-mortar retail segments are booming. Through Rob’s lead, Mohr Capital is capitalizing on those opportunities to create a mutually beneficial partnership with brokers, tenants and landlords.
“Many retailers are simplifying their processes as the result of e-commerce and downsizing to a more efficient prototype, which creates opportunity,” says Rob.
“For example, many Quick-Service Restaurant concepts are implementing a pickup window for app-based food delivery services to provide a cost-effective way to stay up to date and generate additional volume, while still providing the traditional café dining experience.” Mohr Capital is focusing its efforts on locations similar to these with recent closed deals, including a Texas Roadhouse in Ohio and a Wendy’s in the greater Phoenix area.
Mohr Capital’s retail investments & acquisitions director, Rob Solls, came to us with more than a decade of experience and a deep understanding of what makes tenants and retailers tick. He’s an in-house expert when it comes to value-creation and building mutually beneficial relationships for the company. Rob is a University of Texas at Austin alumni and, as an active member of in the International Council of Shopping Centers (ICSC), he’s passionate about the social, civic and economic impacts of real estate.
Rob and the rest of the Mohr Capital team are looking forward to the opportunity to collaborate and cultivate new, mutually beneficial partnerships nationwide. If you are interested in learning more about Mohr Capital’s services, please contact us today!