Viking Partners

One month into her fall #internship here at Viking and Erica Boling is setting the bar high. Erica has adapted seamlessly to the fast-paced world of #propertymanagement as Viking's first-ever property management intern. Her get-it-done attitude has already proven to be a real asset to the team. Erica majors in Economics and Real Estate while pursuing her Master of Arts in Human Resources at University of Cincinnati Carl H. Lindner College of Business. Please join us in wishing her continued success for the remainder of her semester with Viking! University of Cincinnati Real Estate Center University of Cincinnati

Last week, Abigail Murray and I represented Viking Partners at the University of Cincinnati Real Estate Center Career Fair – an event which allowed for ample time to connect with students and learn about their career goals. It is always time well spent at the University of Cincinnati Carl H. Lindner College of Business. Thank you, Carl Goertemoeller and Megan Roberts, for the opportunity to engage with a group of talented, young professionals.?

Today, the Viking team packed 1,470 weekend meals for children in the Ohio/Kentucky/Indiana tri-state with The Freestore Foodbank. Did you know that 250,000 individuals (80,000 children) in our tri-state don't know where they will get their next meal? Freestore Foodbank serves our neighbors in 20 counties across the Ohio/Kentucky/Indiana tri-state. The Viking team volunteered by packing PowerPacks. PowerPacks are intended to be a full weekend's worth of food and are sent home with children from school. Throughout the school year, Freestore Foodbank provides 220,000 PowerPacks. The organization relies heavily on volunteers to get the PowerPacks ready to send to schools. Freestore Foodbank recently moved its primary operation to the Frank & Conny Gerson Campus in Price Hill. The campus occupies a 195,000 SF #warehouse with administrative offices, cold storage, a training kitchen, classrooms, a market, and more. In their previous space, Freestore Foodbank only operated with one #dockdoor. The move to the Gerson Campus allowed them to expand operations with 15 dock doors. Last year, Freestore Foodbank provided 47 million free meals to individuals facing #foodinsecurity, representing a 27% increase in need compared to pre-COVID. Unfortunately, demand is expected to continue growing, presenting new and grander challenges. As a result, donations, resources, and volunteers are more critical than ever. To learn more about how you can support Freestore Foodbank, go to freestorefoodbank.org. Thank you to The Freestore Foodbank for hosting us and a wonderful 2024 Viking Volunteer Day! https://lnkd.in/eADaczH

We’re thrilled to share that JPMorganChase has renewed & expanded its office footprint at 8044 Montgomery! Not only does this building have a prime location; it’s a game-changer for businesses looking to scale. With state-of-the-art amenities and a strategic location, this building is designed to foster innovation and collaboration. From cutting-edge facilities to a vibrant community, it’s the perfect environment for companies aiming to thrive and expand. Viking Partners #CRE #cincinnatirealestate #office #officeleasing #officeforlease #kenwood #modern #officespace #work #play #jpmorganchase #jpmorgan #cbc #officeexpansion #growth #Innovation

We are delighted to announce that J.P. Morgan has reaffirmed its commitment to 8044, renewing and expanding the lease on their Cincinnati J.P. Morgan Private Bank office. J.P. Morgan’s Cincinnati private banking office and its predecessors have called 8044 (formerly Towers of Kenwood) home for more than 20 years, witnessing firsthand Viking’s investment since acquiring the asset in 2019 and assuming property management/leasing responsibilities. Today, 8044 is a vibrant, modern environment treasured for its excellent transport access, numerous amenities, and the buzz that comes along with a 95%+ occupied suburban office building. Read more about J.P. Morgan’s renewal and expansion from the Cincinnati Business Courier: https://lnkd.in/g8gYe-Tz #officeleasing #suburbanoffice #officerealestate #commercialrealestate

Love seeing the progress here. Keep it up, team! #retailrealestate #tenantimprovement

Viking Partners is #hiring a Commercial Real Estate Asset Manager to join our Cincinnati office. Our ideal candidate looks like this: ?? 10+ years of proven commercial real estate asset management or relevant experience (multifamily experience a plus ??) ?? Ability to analyze, interpret, and negotiate lease agreements ?? An understanding of real estate financial analysis and accounting principles If this sounds like you, apply here: https://lnkd.in/gkmUt4B9 #commercialrealestate #assetmanagement

Light, bright, sophisticated, modern, and design-forward—a space to inspire a team. This was GHR Healthcare's vision for their new 28,000 square-foot headquarters at Viking's Valley Square Office Park in Blue Bell, Pennsylvania. Thanks to the partners who helped bring this project to life: Gola Corporate Real Estate, Inc., Shields Construction Company, Inc., Stockton Real Estate Advisors and RHJ Associates, P.C. Take a peek at GHR’s new headquarters here: https://bit.ly/3ZeuCTF

Viking has a long history investing in and operating #retailrealestate. Despite falling out of favor with many real estate investors in the mid-2010s, tenant demand for retail space has largely recovered in recent years. Vacancy rates are low, and new development rarely makes economic sense. These factors indicate the overall strength of the retail market. However, they also mean there are few value-add opportunities. Randall Square stood out as a "diamond in the rough" and is a prime example of what the Viking platform can achieve. When we acquired the asset, Randall Square boasted a desirable, recent vacancy left by Bed Bath & Beyond, four outparcels (already separately parceled ??), and potential for improvement with some capital expenditure. Now, Randall Square is on track to reach its full potential. We're actively seeking more investment opportunities like this one. Our acquisition team (Aaron and Michael) would be delighted to connect with you. Check out our acquisition criteria here: https://bit.ly/3AVw6bd

When you touch every part of an investment’s lifecycle, it’s important to have every department firing on all cylinders no matter the market conditions. Now that we’ve completed our second quarter investor reporting, it’s time to brag on our people. Despite a challenging #CRE market, the Viking team continues to work hard and chase stellar results.