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In This Issue:

    October 26, 2010

    Spotlight: Henkle Schueler marks 75 years

    This year, member firm Henkle Schueler & Associates marks 75 years of growth and real estate success in Southwest Ohio.

    In 1935 George Henkle launched George Henkle and Associates, a farm brokerage that acquired land which eventually became Cincinnati’s northeastern suburbs and now are bisected by Interstates 71 and 75. Mr. Henkle passed in 2009 at the age of 98, but his progressive legacy lives on today. Bob Cantoni (now retired), who partnered with Henkle in 1960, commented that George was a man ahead of his time. In the 1960’s he predicted the metroplex communities along I-75 that would link Greater Cincinnati and Greater Dayton.

    Michael T. Schueler joined Mr. Henkle in 1974, creating the firm Henkle Schueler & Associates. Schueler notes that some of his most memorable years were the times he and George were partners. Under the direction and vision of Mr. Schueler, who became president and CEO in 1976, the company expanded and became one of the most recognized independent real estate brokerage firms in Southwest Ohio.

    With Mike’s leadershipBunnell Hill Development Company was created in 1975 resulting in the development of more than 6,000 acres of land along the Cincinnati-Dayton corridor. Bunnell Hill Construction, Inc. was established in 1994, creating a comprehensive, full-service development and construction company providing services to the entire Tri-state area. To-date Bunnell Hill has developed more than 250 real estate projects in Ohio and surrounding states, and has built 350 structures since its founding in 1994. Bunnell Hill got its start when the company began building King Kwik convenient stores, then Allstate Insurance office buildings, and bank branches.

    Henkle Schueler & Associates and Bunnell Hill are located in Lebanon, just off Interstate 71 and State Route 48.

    Corporate information:

    • Developed and manage 16 Industrial/Business Parks
    • Awarded as one of the “fastest growing companies” – Dayton Business Journal, 2008
    • Featured in Cincinnati Business Courier “Book of Lists”
      • “Million $ Deals” with five properties sold in the top 32 (of 50 total), June 2010
      • Ranked #5 as  “Largest Tri-state Commercial Real Estate Firms”,  August 2010
    • Included in the Dayton Business Courier “Book of Lists”
      • Top commercial real estate firms, January 2010
      • Top Commercial Construction Firms, April 2010
      • Top 100 Companies, May 2010
    • Developed 250 real estate projects in Ohio and surrounding states
    • Today manages 40+ real estate syndications
    • Manage retail centers, commercial/industrial buildings, office space, government services and health care facilities for more than 20 years
    • Mercy Health Partners
    • Tractor Supply Company
    • Western & Southern Life Insurance Company
    • FedEx Freight

    Significant indicators of recent growth include:

    • purchases of land for commercial facilities in Springboro and Boone County, KY (near the airport)
    • a second 63,000 square-foot flex office warehouse in Harrison, OH
    • new facilities for Noritake in Mason, and Fresh Sausage in Harrison
    • a large broker deal of 80,000 square feet for industrial office space for NC Works Inc. in Franklin
    • two new Tractor Supply stores opened in 2010 in Indiana, plus additional stores are projected in Indiana, Pennsylvania, Maryland and Virginia.

    Recent business:

    Bunnell Hill Constructionhas booked several new construction projects that point to a regional economy that is increasingly recovering from a prolonged recession.  These new projects include 108,000 square feet of new construction and approximately 55 new jobs for the Greater Cincinnati market. The projects include a 35,000 square foot expansion underway for Sensus, LLC, located in Hamilton, OH. Sensus is a rapidly-growing producer of the world’s freshest, natural concentrates and essences used for the food industry. The new addition will be used to expand production.

    Wild Berry, “America’s Best Incense” has broken ground to add 17,000 square feet of work space to their Oxford, OH business. Wild Berry has been in business since 1971. In 1992 the company developed a merchandising system for retailers to expand the market for their products.

    E-BEAM is the leading supplier of contract electron beam processing services, with more than 450 kW of installed accelerator capacity – which is enough to process nearly one billion pounds of material annually. The company was incorporated in 1985 to acquire the radiation service division of a subsidiary of Monsanto. The Lebanon facility broke ground last week for a 26,000 square foot expansion to enable them to expand their business.

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