IN THE HEADLINES | The Schueler Group of Companies - Henkle Schueler and Bunnell Hill - Real Estate, Development and Construction
1-800-589-7535

Schueler Group sets the stage for ‘outstanding’ growth

Jackie Slaght : August 10, 2017 10:53 am : In The headlines

Written by: Kaitlin Schroeder Staff Reporter Dayton Business Journal

The Schueler Group has been beefing up its executive ranks and making plans to expand in the Dayton area.

But, as always, its plans are at a careful pace.

The Lebanon-based real estate company, which includes Henkle Schueler & Associates, Bunnell Hill Development and Bunnell Hill Construction Services, has stood the test of time for 82 years and is now one of the largest land owners in the region.

It survived the recession. It once owned a fourth of the land in Springboro. And now it’s planning its next steps.

This comes as the company went from $76.51 million in revenue to $46.18 million in revenue from 2015 to 2016. Before that, it had several years of growth, up from $52.85 million in 2013.

But President Michael Schueler said that’s the nature of the business. Pulling from one of his many go-to phrases, he said the development business is like a merry-go-round with economic circle and “the key is to not fall off the horse.”

“We just had a couple big sales one year and didn’t have them the next year,” Schueler said. “The frustration is that it is always going to bounce around, but this year will be a very good year and next year will be an outstanding year.”

“I think I just got my order,” joked Eric Joo, the new chief operating officer, who is about two months into the new job.

The former Miller-Valentine Groups executive is the company’s most recent addition to the leadership and brings Dayton development expertise that could help the company grow in the Miami Valley.

Joo said the company is absolutely looking at Dayton as an expansion, and his knowledge of Dayton can help the company grow there, though it will take some time to see the fruits of the effort.

“Real estate development has a very long lead time. It can take a project a year and a half to get through … We’re reaching out and looking at a couple of key things,” he said.

The company represents about 90 workers when counting contractors, with closer to 30 or 40 salaried employees.

Schueler Group is already one of the largest land owners in the region with about 21 industrial and business parks spanning from northern Kentucky up to the Dayton area near the Interstate 70 and 75 interchange. That’s a total of 3,000 acres, with 1,930 acres available for development.

Its footprint has waxed and waned. About 40 years ago, Schueler said the company owned over 25 percent of the land in the village of Springboro, selling the land for development of local points like La Comedia and Kroger.

Schueler enjoys driving through the suburb and looking at the footprint of the company’s past developments and sales.

“I kind of get a kick out of that,” he said.

Today the company still has about 150 acres concentrated around State Route 73. At the same time, the area an exit north at Austin Boulevard has thrived while Route 73 hasn’t got quite the same love.

Schueler and Joo said the company wants to see the corridor have the same kind of upkeep and investment as its neighbor.

“We’re taking a long look at our land and how to improve it. I think they’ve focused too much on Austin (Boulevard),” Schueler said.

“There’s been so much focus on the Austin Boulevard interchange, that the exit north and south have been ignored. We really see there needs to be a reconfiguration on State Route 73 going through Springboro. It’s really the front door of the community,” he said.

At their business parks across their footprint, with national and international companies acquiring local businesses, Schueler said the ideal customer to be placed in one of their business parks is a local business they can build a relationship with.

“In the industrial side, our best customer is an individual entrepreneur. Someone who maybe started his business in his garage and knows how to do one thing well. And as he has grown, we can communicate very well with him because we can sit in this room and make a deal,” Schueler said. “If the approval has to go to Chicago, New York, or London or Osaka, they quickly would say ‘Who are those guys? And they aren’t really worthy or big enough to do business with us.'”

Schueler has been with the company for going on 43 years, or about half of the business’ history. He’s a reader of five newspapers a day, an avid supporter of the arts and a frequent dispenser of favorite phrases he’s accumulated over his career like “I’m in the get rich slow business.” He and his wife’s second home in South Carolina has been key to taking the occasional break from the office, because “if I’m in town, I’m here.”

Schueler said he loves the nature of working in the development business.

“I love what we’re doing. Because it’s so diverse, when we come in we have no idea what we’re going to do today,” he said.

“My leading motivation is this company continue. I don’t have any offspring that are interested in it. My number one goal is this company has operated with pride for 82 years and I’m determined that it keeps going at the same way — that’s the same ethical way — we’ve been doing it,” he said.

Fact Box:

  • The Schueler Group
  • Address: 300-G Henkle Drive, Lebanon, 45036
  • Phone: (513) 932-6010
  • Web: schuelergroup.com
  • Owner: Michael Schueler
  • 2016 Revenue: $48 million

Businesses:

  • Bunnel Hill Construction, which handles construction management services;
  • Bunnel Hill Development Co. Inc., which handles land development;
  • Henkle Schueler Realtors, a local real estate brokerage; and
  • Big Mike’s Gas N Go, a regional chain of gasoline and convenience stores with Dayton-area locations in Tipp City and Troy.

This article was featured in the Dayton Business Journal on August 10, 2017.

Leave a response »

Schueler Group Named a Semi-Finalist as the Best in the Family and Private Business

Jackie Slaght : August 4, 2017 1:25 pm : In The headlines

Schueler Group is proud to announce the recognition as a Semi-Finalist for the 18th Annual, 2017 Goering Center Family & Private Business Awards.

 

As a semi-finalist, Schueler Group will be further evaluated by an independent panel of judges who will be looking at the breakthroughs and accomplishments that distinguished their business – and the Cincinnati region – in 2017.

The 2017 Goering Center Family & Private Business Awards winners will be announced at the awards gala this fall at the JACK Cincinnati Casino on September 12, 2017.  This annual recognition program, in its 18th year, honors Cincinnati regional businesses that exemplify the best in family and private business practices.  Each year more than 500 businesses are nominated for these awards and from those nominees, 75 semi-finalists are selected.

On September 12, 2017, three awards will be presented in each of two divisions: family business and private business.  Additionally, the 2017 Goering Center Hall of Fame winner and the Baldwin Volunteer of the Year will both be celebrated, and the Goering Center will recognize its first annual Rising Leader – one of nine emerging leaders who are shaping the future of Cincinnati businesses.

Leave a response »

Schueler Group Adds to Commercial Sales Team

Jackie Slaght : August 1, 2017 11:15 am : In The headlines

August 1, 2017 – LEBANON, OH – Jeff Eichhorn, Schueler Group Executive Vice President, announced the addition of Mark R. Langdon to the company’s commercial sales team.

Mark has a strong background working with local businesses to meet their needs, primarily in the hotel industry. He has been in hotel management for 20 years in the Dayton market where he has won numerous industry awards. He has received national recognition by Hilton Hotels and Resorts.

“Mark’s ability to develop relationships is a significant asset as we continue to expand our business,” stated Eichhorn.

Mark is active in his community (Miami Township), and was recognized as a “40 Under Forty” in 2001.

Leave a response »

Drone Compilation Video of LCNB National Bank Operations Center

Jackie Slaght : June 23, 2017 2:09 pm : In The headlines

Leave a response »

Schueler Group Adds Strength to C-Suite Team

Jackie Slaght : June 9, 2017 2:58 pm : In The headlines

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.

Leave a response »
« Page 1, 2, 3 ... 10, »