June 5, 2017 – LEBANON, OH – Mike Schueler, Chairman/CEO of Schueler Group announced that Eric Joo has joined the company as Chief Operating Officer (COO.) Joo has a long and successful career in commercial real estate. As COO, Joo will work with the Schueler Executive Team to develop and implement growth strategies and operational infrastructure to accommodate future growth.
Joo, along with Schueler and CFO Ted Gilbert will lead the company. Kevin Scott, President of the Construction Company, Bill Chester, Executive Vice President of Development and Jeff Eichhorn, Executive Vice President of Brokerage, will manage the company’s major functional areas.
In a recent announcement to the company Schueler stated that, “preparation for future growth and realizing our vision include adding management depth to our current ranks.” Eric’s background and expertise aligns well with the company’s long range goals.
During his 25 years with Miller-Valentine, Joo has been responsible for developing and implementing growth strategies including a wide variety of real estate products and new business ventures. He has in-depth experience in new market penetration, new product development, site selection, land planning, commercial and industrial development, design-build for lease, senior housing, structuring joint ventures, and finance.
Eric received his B.S. in Accounting and Finance and M.B.S in Management, Innovation and Change from Wright State University, where he currently serves as Adjunct Faculty, teaching Leadership and Ethics.
“We are excited about Eric joining our organization and participating in our company expansion. His background and solid attributes are a great asset to our business,” stated Schueler.
Schueler Group offers a complete portfolio of real estate expertise to industrial, commercial and retail customers. The “single point of contact” saves valuable time and money for clients. Site selection, land planning, facility design, project financing, construction and property management are all provided under one roof at Schueler Group.
Schueler Group represents thousands of acres of land that includes 20 office and industrial parks, and one of the more diverse portfolios in the region.
This article appeared in the Cincinnati Business Courier and on WLW Radio
Written By: Tom Demeropolis Senior Staff ReporterCincinnati Business Courier
Demeropolis covers commercial real estate and development.
A group of investors led by Schueler Group purchased 128 acres of land in Turtlecreek Township along Interstate 71 for $1 million.
The group, Interstate-Lebanon Farms LLC, purchased the land at the northwest and northeast corners of I-71 and State Route 123 for future development. Jeff Eichhorn, executive vice president with Schueler Group, said the property is in the firm’s sweet spot.
“It’s right in the path of progress,” Eichhorn told me. “We’re looking at a lot of long-term growth.”
The 19-acre property at the northwest corner of the intersection is planned as retail and commercial space. Possible uses for this piece of the property could be a hotel, restaurants and retail.
The land Interstate-Lebanon Farms purchased is being marketed with another 45 acres of land owned by Henkle Schueler and Associates. The larger 154-acre property at the northeast corner of the intersection is being marketed for a combination of uses. A 39-acre portion of this property could be used for distribution, fulfillment or industrial development. The remaining 115 acres could be residential or commercial with visibility along I-71.
New sewer lines are expected to come to the site, opening up large development tracts.
The acquisition follows Schueler Group’s long-time strategy of buying and holding land for future development. In July 2016, I reported on Schueler Group leading a group of investors in the purchase of 105 acres in Lebanon for development.
“We believe in land,” Eichhorn said.
Schueler Group had a great year! Throughout 2016 Schueler Group added six new key personnel to their staff. Henkle Schueler and Associates facilite the largest land sale in Warren County history. Development has started and continued relationships with national retail chains that are allowing us to work in new and exciting markets across the country. Construction has completed three Tractor Supply stores in three different states, the Deerfield Township Service Building, Tailwaggers pet boarding and the CPS building altercation.
Our lead project this year was the LCNB Operations Center in Downtown Lebanon. The project is a great example of how we work seamlessly on a project using all three arms of the Schueler Group (Real Estate, Development and Construction). Josh Nimeskern (project manager) and Tom Hurd (project superintendent) have kept their team of subcontractors on course of this 48,000 SF Operations Center. The proposed occupancy is scheduled for March (2017).
We are excited as we look ahead to 2017. The construction company is progressing with work on a Dr. Pepper Snapple Group facilty in Beckley, WV and has multiple bids in excess of $20,000,000 on the street and pushing for approvals with a number of others “in the pipeline.” Development is continuing work with national chain stores that will expand the markets we work in across the US. Henkle Schueler has mutltiple pending commercial sales and several new commercial building and land listings.
We are excited to see where 2017 will take us, and looking forward to a thrilling year!
June 23, 2017