Do Good For Your Community
Patrick Gaughan of the Gaughan Companies recently sat down and talked with the Real Estate Journal and discussed his reasons for success in the competitive world of commercial real estate. On why community and keeping the best people around him has been part of his successes:
“So much of my success has been because I’m able to keep my clients with me year after year. I do try to spend a lot of time with them, a lot of time trying to understand their needs and goals. Every year, we host a fishing trip for our clients. We all go out and catch some salmon. That’s fun. But the key is to help your clients do more business. That is what they are all looking for. Say we have a tenant who needs SBA financing for a business. We will refer that client to a banker that we know will do a good job. That banker then refers us business. It’s about being useful to your clients.”
Click here to read the full article from the Real Estate Journal!
Village Apartments in Forest Lake Introduces Its New Website
The Village Apartments in Forest Lake, Minnesota is pleased to announce the completion of its brand new website. The website brings a modern feel along with an easy to navigate format. Potential residents will be able view floor plans, look at interior photos of units as well as have the ability fill out and submit their applications directly from the website. If you are a current resident of the Village Apartments, the resident login portal is front as center as you land on the page, making it convenient to access your online account.
The Village Apartments website can be found at:
City Center Commons Construction Update
Ground broke on Gaughan Construction’s City Center Commons project in mid-August. It is the first ground up construction project for the company in almost a decade. In the past few weeks, significant progress has been made on the exteriors of both buildings.
The buildings will serve as new locations for local businesses Keller Williams, Thrifty White, and Maplewood Oral and Maxillofacial Surgery here in Forest Lake. Along with the recently built Forest Lake City Center, the City Center Commons project will provide a fresh, updated look to the south end of town along Highway 61. The new locations should be open for business in early 2016.
Below are several of aerial pictures of the ground up construction we would like to share.
Gaughan Construction Celebrates Ground Breaking of City Center Commons Project
Gaughan Construction broke ground on a new 2 building office medical project in Forest Lake. The new City Center Commons project is the first “ground up” construction project that Gaughan Construction has developed in recent years. City Center Commons is located along highway 61 adjacent to the recently built Forest Lake City Center Building, The project is scheduled for completion Q4 2015 into Q1 2016. City Center Commons has signed leases with Keller Williams, which will be the sole occupant for the 8,000 sf building. Maplewood Oral Maxillofacial Surgery and Thrifty White will anchor the adjacent 11,000 sf building. Negotiations are in the works for the remaining square footage for the 11,000 building.
“This is a great project for the City of Forest Lake and the community. We are proud to be developing this project and look forward to provide good quality space for tenants.” – Dan Hebert – VP of Commercial Accounts – Gaughan Companies
A solid foundation since 1969, Gaughan Companies provides the Twin Cities area with a full service commercial real estate company. We deliver consistent performance through unparalleled professionalism and personal service. Visit our website at www.gaughancompanies.com for more information.
Gaughan Companies Commercial Property Management: Maintaining Assets, Creating Peace of Mind
Gaughan Companies Commercial Property Management:
Maintaining Assets, Creating Peace of Mind
Commercial property owners have a serious decision to make when it comes to managing their investment. Managing a commercial property efficiently and successfully involves a variety of aspects that must work hand and hand together to keep the building running smoothly 24/7. Around the clock maintenance issues and emergencies, accounts payable, reserve studies, annual budgets, and more. Vitally important to a building is the ability to collect rent, negotiate leases, manage tenant relations, as well as the knowledge to market and lease the property. Considering the limited amount of hours in a day as well as the countless other commitments including other investments, does an owner really want to spend a majority of their time managing their property?
There are infinite benefits to hiring a third party commercial property management company. The property owner can shift their focus to their individual business and interests. Management companies bring in expertise and knowledge that result in competent and successful management of day to day situations and other issues that can arise in a commercial building. They are qualified to make informed decisions and provide professional advice on topics such as contracts, legal advice, lease renewals, and current market awareness. The property benefits from managements strong relationships with vendors, legal counsel, CPA’s, and other entities that are a necessary component of assuring a buildings success. Last but certainly not least, most commercial property management companies are equipped with their own maintenance division that can provide 24 hour, 365 days a year peace of mind.
Gaughan Companies provides high quality third party property management for commercial real estate: office, retail, and industrial properties. Managing just under 1 million square feet of commercial property, Gaughan Companies has the experience, relationships, and solutions to help increase a property’s cash flow and maintain the asset. Management understands the risks involved with commercial property ownership and our goal is to create a partnership that increases the success and viability of the property.
If you are interested in Gaughan Companies third party commercial management services, please contact the Commercial Management Division at 651-464-5700.
Gaughan Companies Property Spotlight: Shalimar Estates
Gaughan Companies’ Property Spotlight: Shalimar Estates
Shalimar Estates is a 48 unit, condo-style rental property located in beautiful Burnsville, Minnesota. Shalimar Estates is conveniently located near Interstates 35E & 35W and Highway 77. Residents are just minutes away from popular amenities and local attractions such as Mall of America, Burnsville Shopping, MSP International Airport and just a quick drive to both Minneapolis and St. Paul.
The individual units at Shalimar Estates, consisting of 1,066 square feet, feature 3 bedrooms and 2 baths in a spacious and well laid out floor plan. Each unit comes with 2 separate balconies that allow the resident to utilize and enjoy the outdoor living space during the precious summer months. Semi-private entries, attached garages with remotes, air conditioning, and individual furnace and water heaters provide each unit with a single family home feel within a shared community. A courteous onsite staff and a 24 hour emergency maintenance service provide peace of mind to your living experience.
Located in a family friendly neighborhood, Shalimar Estates is located in the I.S.D. #191 School District near Sky Oaks Elementary, Joseph Nicollet Junior High and Burnsville High School. Onsite residents enjoy a recreational area that includes picnic space and a playground plus several community parks are located within walking distance. Other family attractions in close proximity to the property include the Minnesota Zoo, Buck Hill, and the Waterpark of America.
If you are interested in calling Shalimar Estates your home, please contact the leasing office at 952-432-3101. We look forward to hearing from you and assisting in finding your family a home in our community.
Businesses Coming to City Center Outlots
Gaughan Companies are scheduled to break ground on the city center outlots in June 2015. This project marks the company’s first new development project in years. Read the fully story courtesy of the Forest Lake Times:
https://forestlaketimes.com/2015/03/23/new-businesses-coming-to-city-center-outlots/
Gaughan Construction Completes Chanticlear’s Latest Restaurant Venture
Since 1964, the name Chanticlear Pizza is synonymous in the Twin Cities Area for quality pizza. The company began with one location in Fridley but the family owned chain has since developed into 14 locations with their market being the northern metro.
Upon a decision to expand their busy Coon Rapids location, a new concept was born and developed. The result, Chanticlear Pizza and Grill, opened in mid-December complete with an expanded menu that includes the locally famous pizza as well as burgers, pasta, sandwiches and a full-service bar. The environment accommodates families out for dinner and sports fans cheering for their favorite team.
Gaughan Construction transformed a former gas station at the North Lake Shoppes property in Coon Rapids into a fully operational kitchen, restaurant and bar. The scope of work included demolition of two inline spaces, framing, insulation, sheetrock, concrete, carpentry, installation of an acoustical ceiling and painting among other jobs. The Chanticlear Pizza and Grill also benefits from the former gas station’s canopy which has been converted into one of the best patio seating areas in the suburbs.
Head out to Chanticlear Pizza and Grill to experience quality food with a great dining experience. The restaurant is located at 11706 Crooked Lake Boulevard NW in Coon Rapids, MN. For additional information and specials, follow them on their Facebook page HERE
Snow…. A Four Letter Word!
As you look out your window you may have noticed the leaves changing colors or have felt the crisp fall air in the mornings. Of course, we all know what comes next….snow! As we gear up over the next couple of weeks to get our kids and grandkids prepared for Halloween, here are a few useful reminders to prepare your home and association for winter:
-If traveling south for the winter remember to turn off your water and outside spigots, turn on your heat and maybe have a neighbor check in occasionally.
-All downspout extensions on driveways should be removed or put up to reduce plow damage.
-Report Ice Dams sooner rather than later. Ice Dams are much easier to maintain before they grow into something far more difficult to remove. One potential solution is to have added insulation and ventilation in your attic area.
-If you have any decorative ornaments make sure they are out of the reach of the sidewalk area. This will reduce or eliminate the potential of damage as vendors remove snow from the sidewalk area.
Almost all homeowner associations face the same challenges throughout the winter. The main challenge is making sure your snow vendor is getting out to your association in an appropriate amount of time after a snow fall. The best thing to do is check with your community manager or board on the terms of the vendor’s contract. Most snow vendors work with more than one association and work diligently to make sure they are getting each and every property to ensure owners are able to get in and out of their driveways with ease.
If you would like further information in regards to some helpful winter tips please e-mail us at hoa@gaughancompanies.com. For all of your association needs you can check out our web page at www.gaughancompanies.com/hoa.
Have a safe and happy Halloween!
Announcing the New Gaughan Companies Website!
We’re proud to announce the launch of the new Gaughan Companies website! The new site features a fresh look and feel with a mobile-friendly, responsive design.
The new site features sections for each of the 5 core aspects of Gaughan Companies:
- Association Management: Find out what makes Gaughan Companies stand out when it comes to financial management, maintenance, and other HOA services.
- Commercial Property Management: View our portfolio to learn more about the types of properties we manage, and search our Multi-Family housing listings.
- Construction Services: Check out the new project gallery, and learn more about our general contracting, commercial construction, and insurance and restoration projects.
- Facilities Maintenance: Learn more about our staff’s experience and capabilities.
- Brokerage Real Estate Services: Find out how we serve both buyers and sellers for both property sales and leasing, and search our list of buildings for sale or lease.
