Bender Commercial Real Estate Services recently sold the historic downtown Great Western Bank Building located on the corner of 9th Street and Phillips Avenue. Kelly Phillips Ventures LLLP was the buyer and has plans to renovate the building into an upscale boutique hotel. Bender Commercial represented both the buyer and the seller in the transaction.
Bender Commercial Real Estate Services represented Lennox: Heating and Cooling HVAC Systems in helping to find a "last mile" location in Sioux Falls for a Lennox Parts Plus store. Lennox's goal is to provide contractors with one-day pick-ups for their products. Expectations for the delivery of goods is getting faster and faster and Lennox is working hard to stay ahead of those expectations. Lennox Parts Plus will be leasing 10,000 sq. ft. in a newly constructed building on Madison Street. Lennox's expectation is to open their doors in December of this year or January 2018. Doug Brockhouse and Bradyn Neises consulted with the real estate department of Lennox to help them find their location in Sioux Falls.
Bender Commercial Real Estate is excited to announce another done deal. The Vault on Carolyn Avenue has been sold and will forgo renovations to be turned into a ABRA Auto Body. ABRA Auto Body outgrew their current space and was looking to expand. The Vault was a great solution with high visibility to Interstate 29 and only having to move a few blocks from their current location. Renovations are taking place currently and ABRA Auto Body is expected to move next year. Doug Brockhouse and Bradyn Neises represented the sellers and Gerald Teunissen represented the buyers.
One of Sioux Falls’ oldest downtown buildings, the Beach Pay Building, was recently purchased by local investor, Kevin Tupy. Bender Commercial represented both the buyer and the sellers in the transaction. The Beach Pay building is a mixed retail/office building located in the heart of downtown Sioux Falls. Local retailers, Half-Baked, 605 Running and Urban Archaeology are the major retail tenants on the main floor, while the second and third floors are primarily office tenants, including Bender Commercial Real Estate Services. The building was completely renovated in the mid-1990’s, by a group of local business owners including Michael Bender.
PIERRE, S.D. – The South Dakota Board of Regents today announced that Bender Commercial Real Estate Services (Michael Bender, Principal) has been retained to assist the board in developing a commercially reasonable plan to sell and/or lease its 14.5-acre South Dakota School for the Deaf campus on 10th Street near downtown Sioux Falls. A recent report to the regents recommended selling approximately 6 acres of green space at the School for the Deaf and leasing out much of its 98,000 square feet of building space, which includes offices, classrooms, indoor pool, and gymnasium. Selling the entire 14.5-acre campus also remains an option, the report noted. Bender was hired as a consultant to help enhance the efficiency and use of the [...]
Bender Commercial recently sold a 6.21 acre parcel of land to Midcontinent Communications. The parcel is located in the Boyce Park Development near Madison Street and Marion Road. Doug Brockhouse and Michael Bender represented the Seller in the transaction, while Rob Fagnan represented the Buyer. Phase 1 of the project will be to move Midco’s Tech Ops division to this location, allowing room for expansion of other ancillary divisions within the organization.