Mohr Logistics Park Named 2024 "Commercial Development of the Year" CoStar Impact Award Winner
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Winners were selected by a panel of more than 660 esteemed industry professionals across 128 markets at the third annual commercial real estate awards
In the heart of
The master plan included eleven Class A structures, with varying sizes and specifications to meet growing logistics demands. Mohr Capital embraced sustainability, environmental responsibility, and various technological initiatives in developing the park's state-of-the-art amenities, such as EV chargers, enhanced HVAC that uses less gas than a traditional Make-Up Air Unit, upgraded dock equipment, walking paths and the potential for a solar array field.
On April 1, 2023, an EF-3 tornado ripped through Lot 6, a recently completed one-million square-foot warehouse—the largest building in the park at the time—and the nearby community, leaving a trail of destruction that stretched for miles.
In the disaster's aftermath, Mohr Capital sent a cleaning crew of 50 helpers, dumpsters, and other equipment to the neighboring farm to help in the massive cleanup effort. Mohr also jumped into action on the cleanup and rebuild of Lot 6 — and the entire million-square-foot warehouse was rebuilt in only seven months. This resilience in the face of adversity echoed the collaborative spirit that marked MLP's inception. The public/private partnership with the
From its bold master plan to its generous community collaboration in the face of disaster, Mohr Logistics Park stands as a testament to what is possible when vision meets execution. As Mohr Capital CEO and
That sentiment has proved true exactly a year later, with MLP's triumphant CoStar Impact Award recognition.
"Mohr Capital's response to a natural disaster proved how valuable it is to have a professional and competent team," said Gary Horn, the chief development officer at Mohr Capital. "Mark Writt with CBRE and Sam Fugate with Pepper Construction were on site and directing activities within hours of the disaster. Denney Construction brought a team to deal with the massive clean-up of Mohr's site and adjoining neighbors. Everyone involved with MLP development contributed and proved that having the right team makes all the difference.
The CoStar Impact Awards recognize exemplary commercial real estate transactions and projects completed in 2023 that have significantly influenced neighborhoods or submarkets across 128 major international markets in
"Now in its third year, the CoStar Impact Awards are an incredible opportunity to recognize the real estate projects fundamentally transforming the industry landscape," said Andy Florance, Founder and Chief Executive Officer of CoStar Group. "Our diverse panel of judges worked diligently to identify the most impactful commercial real estate projects across a range of categories that are shaping the future of the industry and the communities in which they serve. It's an honor to recognize the companies and projects propelling the real estate sector forward."
To learn more about the CoStar Impact Awards and review the full list of winners, visit www.CoStarImpactAwards.com/.
About Mohr Capital
Mohr Capital is a privately held real estate investment firm specializing in the acquisition, development and value exchange of office, industrial, healthcare, hospitality and retail assets throughout the
To learn more about Mohr Capital, visit: https://www.mohrcap.com
About CoStar Group
CoStar Group (NASDAQ: CSGP) is a leading provider of online real estate marketplaces, information, and analytics in the property markets. Founded in 1987, CoStar Group conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of real estate information. CoStar is the global leader in commercial real estate information, analytics, and news, enabling clients to analyze, interpret and gain unmatched insight on property values, market conditions and availabilities. Apartments.com is the leading online marketplace for renters seeking great apartment homes, providing property managers and owners a proven platform for marketing their properties. LoopNet is the most heavily trafficked online commercial real estate marketplace with over twelve million monthly global unique visitors. STR provides premium data benchmarking, analytics, and marketplace insights for the global hospitality industry. Ten-X offers a leading platform for conducting commercial real estate online auctions and negotiated bids. Homes.com is the fastest growing online residential marketplace that connects agents, buyers, and sellers. OnTheMarket is a leading residential property portal in the
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SOURCE Mohr Capital
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