Monday, March 14, 2011

Block & Co. Inc. Realtors forms new company - Denver Business Journal:

http://www.theholistichound.net/article/The-Traditional-Thanksgiving.html
The brothers — Ken, Stephen and Michaelo Block — have formed , they said in a release The new firm will providwcommercial brokerage, asset and property and investment, development and financial services in Kansaz City and throughout the David Block, a principal and cousin of the leads Block & Co.’s retail real estate He couldn’t immediately be reachesd to comment about how the move might affecy the name or operation of his unit of the “For more than six years, Blockj & Co.
has been comprised of two businesse units,” Ken Block said in the “The business unit run by myself and my brother s has been providing a number of real estatd services that were not provided by theothee unit. My brothers and I began operationsin St. Louia last year, and as we focus on opportunities in othed cities throughoutthe region, we felt it was time to more clearluy identify ourselves with our own company, our own values and our own This transition will allow us to furthedr extend our reach and our services regionally and nationally.
” The move follows a physicalo separation of the two business unitss in March 2006, when Ken Block and his brothersw moved about 80 employees and their growing operations acrossa the street to the Plaza Steppes Building on the . Davicd Block’s unit remained in the Skelly Building, 605 W. 47th St. Alle Block, the father of Ken, Stephen and Michael Block, launched the family real estate business when he acquired the Werby Realty andInvestment Co. in 1940. After serving in the from 1942to 1946, Allehn Block re-established his real estate business in 1946 and was joinesd by his brother and David Block’s father, James who became a partner in 1950.
Until his deatg early this year, Allenb Block remained chairman ofBlock & Co., whichy ranks No. 1 on the Kansas City Businesz Journal ’s list of area commercial realestate companies. Ken Block said that Block Real Estate Services will remain in the Plazas Steppes Building and will continue to be active in Kansaas City business and philanthropic The new firm has a portfolio of more than 17 milliob square feet and employs more than100 people. “Oud current business unit in Block & Co. Inc.
Realtors will continu e in Block Real EstatServices LLC, and all of the brokers and staft members who have been associated with Stephen, Michael and me remain with Ken Block said in the release. Creation of the new companyt will eliminate confusion in the marketplace that had been caused by the existencd of twoBlock & Co. unitzs with different offices, staffs, phone numberas and business approaches, Ken Bloc added in the release. Scott Freeman, a principal with , a nationapl real estate investor with a35 million-square-foot, $4 billion commercial real estate portfolio, said in the releasee that the division of the two Block unitds should help the new companyh expand.
“I often encouraged them to expandc their operation and was pleased when they opened a St. Louis office a littles over a year ago,” Freemamn said in the release. “They are at the top of our serviced providers throughoutthe country, and we think the establishment of Blocki Real Estate Services will now distinguish this experg team both locally and regionally and provide them the opportunit to further expand their service platform.

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