Blog/News

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Benefits of Hiring Former Military Personnel

For more than a decade, Victory Media has published Military Friendly® digital and print media to help service members find career opportunities after they leave the military. The publisher also confers a Military Friendly Employer designation on companies—an honor which Miller-Valentine Group has earned in each of the last five years. In fact, 69 of our current Associates are former military service members or military spouses. Not surprising, perhaps, given our proximity to Wright-Patterson Air Force Base in Ohio, Joint Base Charleston in South Carolina and other military installations—but location isn’t the only reason. As any company earning Military Friendly Employer status can attest, hiring military veterans and spouses brings additional benefits—whether in construction, information technology or another industry. Why Veterans & Military Spouses Make Good Employees Former military personnel and their spouses bring unique strengths with them when they enter the civilian job market. If you are in the market for new hires, here are five reasons you should consider veterans. Flexible Attitude—From working in a wide variety of environments to making moves as required by changing deployments, former military personnel, and their spouses know how to adapt to new situations. This flexible attitude translates to an innate ability (more)

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Safety First!

As of 2/28/2017, the current hours worked by Miller-Valentine Construction without a lost time accident is One Million One Hundred Eighty-Seven Thousand Nine Hundred Fourteen!!!! (1,187,914). With construction projects throughout Ohio, Kentucky, Texas, South Carolina, Pennsylvania, West Virginia, Indiana, Georgia, and Iowa, keeping our job sites safe takes more than the luck of the Irish. Click Here for Construction Safety Tips

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Dayton Area Commercial Real Estate Firms

As reported by Jane Applegate, Research Director Dayton Business Journal March 12, 2017 The annual Commercial Real Estate Firms list was published this week in the Dayton Business Journal.  Miller-Valentine Group Realty Services ranks first among 26 companies with 19 commercial realtors. See Full List    

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Dayton Region Investor Bootcamp

The Accelerant Venture Capital Fund, an Initiative of the Dayton Development Coalition, is collaborating with Queen City Angels to provide an investor training “boot camp” for Dayton-area investors.  The event will be held March 22 at the Montgomery County Business Solutions Center, located at 1435 Cincinnati Street, Dayton.  The event will involve formalized angel investment training, but will also provide a great networking environment for local entrepreneurs and investors alike. The day commences with networking opportunities at 7:45, followed by the Opening Keynote Speaker – Scott McGohan of McGohan Brabender.  Training will be delivered by Tony Shipley (Founder/Chair of the Queen City Angels, National ACA  Board Member), along with a host of other experienced investors.  A moderated panel session with local entrepreneurs will also be held involving four successful founders (including Joe D’Silva, founder of Washington Township’s P&C Pharma)  discussing their challenges, successes, along with lessons learned. At the lunch hour, Dave Dickerson, Partner/President, Miller-Valentine Group Realty Services, will present an overview of the Downtown Dayton Expansion Initiatives. Additional information can be found at http://daytonregion.com/news/accelerantqueen-city-angels-investor-boot-camp-agenda/   About the Dayton Development Coalition The Dayton Development Coalition is focused solely on growing the 14-county Dayton region—one of the most livable regions in (more)

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How the Dayton Chamber Can Help Your Business

The Dayton Area Chamber of Commerce (DACC) celebrated a milestone recently: its 110th anniversary. Today, the Chamber supports 2,400 businesses across nine counties—Butler, Clark, Darke, Greene, Miami, Montgomery, Preble, Shelby, and Warren.  In addition to serving businesses, the Chamber fosters innovation and partners with business and community leaders to promote economic development in the region. It’s not surprising, given DACC’s famed founder, John Henry Patterson, who “… attracted and built a culture supportive of social entrepreneurs who refined his ideas and added their own—people like Charles F. Kettering, Edward Deeds, Thomas Watson, James Cox, and Arthur Morgan.” How does DACC—and chambers all over the U.S.—lend their support to local businesses and spur economic development? How Do Local Businesses Benefit from a Strong Chamber? The Dayton Area Chamber of Commerce has earned five-star accreditation from the United States Chamber of Commerce. DACC demonstrates how it earns a distinction that less than 1 percent of all chambers in America can claim through a variety of programs for local businesses. Partnerships Help Businesses Save Money—DACC members benefit from the Chamber’s partnerships with prominent businesses to offer discounts on office supplies, shipping costs, electricity, healthcare and more—adding up to an average of $6 million (more)

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The North Carolina town inspiring plans for Dayton Arcade

As reported by Tristan Navera, Senior Reporter at the Dayton Business Journal. As planners look to move ahead to revive one of the largest vacant buildings in downtown Dayton, they’re turning to a North Carolina town for inspiration. Dave Dickerson and his development team have been taking “field trips” to another city with a similar plight, which found an unusual solution. Read the full story  

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Grand Opening of New Luxury Apartment Community

Miller-Valentine Group is pleased to announce the grand opening of WaterStone at Hamburg, its new luxury apartment home community in Lexington. The event will begin at 1 p.m. on Friday, March 10, at 2785 Polo Club Boulevard. Cocktails and hors d’oeuvres will be served at a reception following the ribbon cutting. Birthed from a legendary heritage, WaterStone at Hamburg is inspired by champions. Out of the rich earth where thoroughbreds once trained emerges brilliant living. This is a new address for extraordinary residences with stylish interiors, community privileges and an innovative life. Waterstone at Hamburg consists of two four-story, elevator serviced buildings with attached tuck-in garages. The community is adjacent to Hamburg Place, the largest shopping and dining area in central Kentucky, and is convenient to Interstate 75 and major local employers. Each apartment home features upgraded wood-plank flooring, private balconies or patios, and laundry rooms. The gourmet-style kitchens include under mount sinks, dark wood cabinets, stainless steel appliances, quartz countertops and large, freestanding islands. The property is also enriched with exclusive privileges such as 24-hour fitness with a yoga room; heated saltwater pool with colonnade and sundeck; an entertainment area including a bar, TV, grills and fire pit; and (more)

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Luxury Apartment Development Under Construction

As reported by Tom Demeropolis, Senior Staff Reporter at the Cincinnati Business Courier. Echelon is a 187-unit apartment development at Glen Este-Withamsville Road and Larma Lane in Union Township. Read Full Story  

Preconstruction

4 Benefits of Centralized Preconstruction Services

Late last year, Dodge Data & Analytics predicted that 2017 would see a 5 percent rise in total construction starts. That’s positive news after a relatively stagnant 2016. Do you have plans that will help fuel the expected growth in residential, commercial or industrial building construction? If your answer is “yes,” then find out how the centralized preconstruction services can help. What are Preconstruction Services? When you are considering a construction project, one of the biggest challenges you face is understanding project feasibility. You have a budget, but there’s no price catalog for the unique variables in any project—location, time of year, materials construction techniques and more—that influence cost. And therein lies the problem. Too often, the grand vision for a project and the budget don’t match. Comprehensive preconstruction services—like those Miller-Valentine Construction has always offered through its project management—help to ensure that the project scope and budget are in alignment. How Centralized Preconstruction Services Support Your Needs Miller-Valentine uses a centralized approach to its preconstruction services, which allows us to realize efficiencies in our own workflow that also benefit our customers. But centralized or distributed, our preconstruction services also stand out for several reasons to support your needs. Centralized (more)

IWLA

International Warehouse Logistics Association – Leadership That Inspires

The International Warehouse Logistics Association (IWLA) is the unified voice of the warehousing and logistics industry, representing third-party logistics and warehousing service providers. The core mission of the association is to provide ideas and information to warehouse logistics providers’ to help members run high-quality, profitable businesses. The upcoming IWLA Convention & Expo event (#IWLA1891) will attract warehousing professionals from around the globe as members of the International Federation of Warehousing and Logistics Associations (IFWLA) will join IWLA members for a dual meeting.  “Leadership That Inspires” is the convention theme and sessions and events focus on giving attendees new ideas to motivate employees for continued growth. Below are just a few of the informative sessions to be conducted during the convention: Trade Policies in the Age of Trump – President Donald Trump is leading the most consequential shift in U.S. trade policy in decades. What specific issues can impact your warehouse logistics business? Learn more: bit.ly/2kP7KGM There is strength in numbers – One 2017 IWLA Convention breakout session focuses on how IWLA works with other associations, coalitions and, its own members to influence regulatory policy in Washington, D.C. Plus: Where do we stand with the overtime rule? How about the persuader rule? What do you (more)

Cincinnati Market Update

Top Headlines Impacting Commercial Real Estate in Cincinnati from 2/8 – 2/21/17

Below is a brief summary of the leading commercial real estate news articles for the Cincinnati region from February 8 – February 21, 2017. Sign up here to have these informative summaries sent directly to your inbox on a biweekly basis. February 8, 2017 AT580 receives $70M in financing A $35.5 million permanent commercial mortgage-backed securities loan and a nearly $34.7 million construction loan from Deutsche Bank was secured for the 17-story, mixed-use tower at 580 Walnut St. The office portion is 100 percent leased to Fifth Third Bank, the retail portion is more than 80 percent leased, garage revenues have increased each of the past three years and the 180-unit apartment portion is leasing faster than estimated. February 9, 2017 Harrison manufacturer’s headquarters sold to private investor J.J. & W V Ltd. purchased the 72,000-square-foot building located at 10100 Progress Way for more than $6.8M. The building is currently 100 percent leased to Cincinnati Test Systems, a manufacturer of testing products. February 10, 2017 Independence, KY industrial facility purchased for $2.1M Toebben Drive Industrial Building, the more than 50,000-square-foot industrial flex building, is located at 10100-10130 Toebben Drive. The investment group STPC LLC purchased the building. Mason schools plans (more)

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Mixed-Use Development in Silverton Moving Forward

      As reported by Tom Demeropolis, Senior Staff Reporter, Cincinnati Business Courier   The largest development in Silverton’s history continues to move forward. And now it has a name. The mixed-use project, which is being developed by a joint venture between Miller-Valentine Group and Jeffrey R. Anderson Real Estate Inc., is Ag 47. http://www.bizjournals.com/cincinnati/news/2017/02/16/meet-ag47-the-largest-development-in-silverton-s.html  

Morton Estates Open House

Morton Estates Open House to be held Tuesday, February 21

Miller-Valentine Group, St. Mary Development Corporation and METEC are excited to offer a look into their newest apartment community, Morton Estates, which was built exclusively for adults 55 and over.  The Open House will be held on Tuesday, February 21 from 10:00 am – 3:00 pm at Morton Estates located at 935 East Jefferson Street, Morton, Illinois 61550. During the open house, Miller-Valentine Group will showcase their latest community, Morton Estates. Guests will have the opportunity to tour the former “Restmor Nursing Home” which has been transformed into 61 one and two bedroom apartment homes designed to serve adults 55 and over who desire high-quality affordable rental housing. This pet-friendly, maintenance-free community features amenities you would expect to find in a luxury community at an affordable price: a fully-equipped gourmet kitchen, brand new energy-efficient appliances, exceptional closet space, oversized bathroom, central air conditioning, and a laundry room which includes a full-size washer and dryer. Morton Estates features several other amenities which separate them from their local competition; a fitness center, media room, business center, and a large multi-purpose community room with a kitchen and dining area allowing residents to enjoy the companionship of family and friends. Guests will be able to take (more)

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Associate Spotlight – Welcome Adrienne Ruebusch

Miller-Valentine Group welcomes Adrienne Ruebusch to the Cincinnati team as Vice President of Business Development.  In her new role, Adrienne will be responsible for producing and directing opportunities for the construction team as well as identifying and managing key relationships within the Cincinnati/Northern Kentucky Market.  Adrienne has over 15 years in the construction industry and has worked with major national clients, including The Kroger Company, LensCrafters, Sunglass Hut, and Walgreens.  She has a B.S in Civil Engineering from The University of Cincinnati. About Adrienne: Why did you choose Miller-Valentine Group? Simply put, to get back to my passion – construction. I’ve always known Miller-Valentine Group to have a great reputation and I had heard the culture was amazing, so when the opportunity presented itself for me to work in my hometown, for a great company like Miller-Valentine Group, I had to seize the opportunity. What do you like most about the construction industry? I love to see buildings come together.  There is something fascinating & fulfilling about seeing a well thought out design come to life in execution.  It’s also an industry that is constantly evolving.  Even after 15 years I still learn something new every day. Do you have (more)

Whitehouse Square Townhomes

Experience the Difference at Whitehouse Square Townhomes – Our Doors are Now Open

Miller-Valentine Group is proud to announce that Whitehouse Square Townhomes, their newest affordable townhome community, is now open. Located at 10405 Washington Street, near the intersection of Waterville Street & Whitehouse Square Blvd., Whitehouse Square Townhomes gives residents easy access to a variety of services; health care, shopping, restaurants, entertainment, and city parks. With a fun community and great location, Whitehouse Square Townhomes is filling up quickly. Brian McGeady, Partner & President of Miller-Valentine Affordable Housing Development, says “after being in business for over 50 years, Miller-Valentine Group continues to be honored to bring high-quality affordable housing to those who need it most.  It is our privilege to enhance the quality of living and give our residents peace of mind while living at Whitehouse Square Townhomes.” This pet friendly community of 55 two, three and four bedroom townhomes features contemporary floor plans with modern amenities at an affordable price: an attached garage, a fully-equipped gourmet kitchen with brand new energy-efficient appliances, private patio, exceptional closet space, central air conditioning, and a laundry room that includes a full-size washer and dryer! Creating an active lifestyle for its residents, Whitehouse Square Townhomes also boasts a clubhouse which includes a business center, media (more)

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Water Tower Park Senior Village – Open House

Miller-Valentine Group is excited to offer a look into their newest apartment community, Water Tower Park Senior Village, which was built exclusively for adults 55 and over.  The Open House will be held on Tuesday, February 14, 2017 from 10:00am – 3:00pm at Water Tower Park Senior Village located at 140 Senior Center Way, Gray, GA 31032. During the open house, Miller-Valentine Group will showcase their latest community, Water Tower Park Senior Village. Guests will have the opportunity to tour the pet-friendly community consisting of 72 one and two bedroom apartment homes designed to serve adults 55 and over who desire high-quality affordable rental housing. This maintenance-free community features amenities you would expect to find in a luxury community at an affordable price: a fully-equipped gourmet kitchen with brand new energy-efficient appliances, exceptional closet space, private patio, oversized bathroom, central air conditioning, and a laundry room which includes a full-size washer and dryer. Water Tower Park Senior Village features several other amenities which separate them from their local competition; a fitness center, business center, and a large multi-purpose community room with a kitchen and dining area allowing residents to enjoy the companionship of family and friends. Guests will be able (more)

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New Apartment Home Community in Washington, PA

Miller-Valentine Group is proud to announce the development of their newest apartment home community, Burkett Place, located at 29 Burkett Lane in Washington, Pennsylvania. Burkett Place is now accepting applications, and plans to open its doors in July 2017.  This beautiful, brand new community of two and three bedroom apartment homes will serve families who desire high-quality, affordable rental housing. In this pet friendly community, future residents will enjoy spacious floor plans with amenities they would expect to find in an upscale home, at an affordable price: a fully-equipped gourmet kitchen with brand new energy-efficient appliances, exceptional closet space, central air conditioning, and a laundry room which includes full-size washer/dryer connections and extra storage. Burkett Place will offer several other amenities which separate them from their local competition; a community clubhouse that boasts a business center, media room, clothes care center and fitness center; as well as outdoor amenities including a playground where residents can enjoy the companionship of friends and family. Unlike other apartment communities, Burkett Place has a personal attention, exceptional move-in, and maintenance response commitment that are made to every resident.  The professional onsite management team and 24-hour emergency maintenance service are just a few ways that (more)

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Dayton Office Market Continued to Improve

The Dayton area office market continued to show signs of further recovery in 2016 based on results from Miller-Valentine Group’s 4th Quarter Office Survey. The vacancy rate for the overall Dayton area office market decreased to 24.46%, with notable positive absorption in most markets. The overall market saw a positive absorption of 37,066 sqft.  The most notable improvement in absorption was found in the suburban markets, which had a combined absorption of 168,447 sqft. in 2016. The South market showed the greatest activity, with over 91,000 sqft. absorbed. The North/West market, for the third consecutive year, represented the area’s strongest office market with a current vacancy rate of 17.59%, almost back to its pre-recession rate.  A majority of the newly vacant space was observed in the CBD market, primarily within the PNC Center which had departures of tenants including PNC Bank (who relocated to the Water Street development). The CBD market showed a negative absorption of (131,381) sqft. and remains the area’s softest market due to the high vacancy in its Class B/C sector.  The overall CBD vacancy is 34.46%. Notable office transactions for the Miller-Valentine Group Realty Services office team include: Leases Wells Fargo, Kettering Tower, 5,071 sqft. Faruki (more)

Cincinnati Market Update

Top Headlines Impacting Commercial Real Estate in Cincinnati from 1/11 – 1/20/17

Below is a brief summary of the leading commercial real estate news articles for the Cincinnati region from January 11 – January 20, 2016. Sign up here to have these informative summaries sent directly to your inbox on a biweekly basis. January 11, 2017 Walnut Hills property up for sale Urban Fast Forward, a consulting real estate firm, is marketing several properties totaling more than 1.7 acres at the intersection of Gilbert and Lincoln avenues. The site is being marketed as a development opportunity and is listed at $1.65M. January 13, 2017 UC is planning a $17M renovation of the Vontz Center for Molecular Studies The building, completed in 1999, is located at 3125 Eden Ave. and was designed by acclaimed architect Frank Gehry. While the estimated total cost of the project is $17M, the construction cost is estimated to be $12M. January 12, 2017 The Wellington at North Bend Crossings sells for $29M The 122-unit assisted living facility was sold to Capital Senior Living Corp. The 134,000-square-foot building is located at 5156 North Bend Crossing. DMI moves Cincinnati office The growing technology firm is moving its Greater Cincinnati office from 4660 Duke Drive to the Governors Hill development in Symmes Township. The (more)

Dayton Market Update

Top Headlines Impacting Commercial Real Estate in Dayton from 1/9 – 1/17/17

Below is a brief summary of the leading commercial real estate news articles for the Dayton region from January 9 – January 17, 2017. Sign up here to have these informative summaries sent directly to your inbox on a biweekly basis. January 9, 2017 Submarine House opened newest location in Washington Township The franchise-owned bar and grill is planning to open its largest location yet in Normandy Square Shopping Center The 4,000-square-foot restaurant will seat 150 inside. Aaron Savino with Miller-Valentine Group Realty Services represented the landlord. Downtown Dayton building demolished for big development The former office building at 122-124 N. Jefferson St. is being demolished to pave the way for the future home of the seven-story CareSource Center City building. Construction for the seven-story, 250,000-square-foot tower is expected to begin this year and open in 2019. January 10, 2017 Historic Germantown restaurant for sale Florentine Restaurant at 21 W. Market St. is up for sale for $489,900. The restaurant currently has an active liquor license, multiple dining areas, an updated kitchen and private event areas. January 13, 2017 New casual restaurant coming to Cornerstone of Centerville CoreLife Eatery, a new-to-the-market fast casual restaurant, signed a lease for a  3,600-square-foot freestanding restaurant building. CoreLife plans to open their new location (more)

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Make a Resolution for Construction Site Safety in 2017

It’s the time of year when people make resolutions for self-improvement. Why not extend the practice to your business as well?  If you have commercial construction projects on your 2017 agenda, the best resolution you can make is to choose a contractor with a commitment to workplace safety to ensure your projects stay on track and reduce your risk. Construction Site Safety Tips based on Top OSHA Citations for 2016 Every fall, the Occupational Safety and Health Administration (OSHA) releases a list of the top on-the-job hazards based on violations throughout the year. According to OSHA data, construction represents one of the higher hazard industries that it monitors, noting, “Construction workers engage in many activities that may expose them to serious hazards, such as falling from rooftops, unguarded machinery, being struck by heavy construction equipment, electrocutions, silica dust, and asbestos.” Here are some tips for mitigating the top construction workplace hazards based on citations issued in 2016. Fall Protection—The lack of fall protection tops the list, with hazards related to scaffolding and ladders also in the Top 10. In fact, OSHA reports that close to 40 percent of all construction industry deaths are due to preventable falls. To ensure safety, (more)

Affordable Living at Reserve at Quebec

Reserve at Quebec – Fort Worth Apartment Community

Miller-Valentine Group is proud to announce the development of their newest apartment home community, Reserve at Quebec, located at 6655 Calgary Lane in Fort Worth, Texas. Reserve at Quebec is now accepting applications, and plans to open its doors in July 2017.  This beautiful, brand new community of one, two and three bedroom apartment homes will serve families who desire high-quality, affordable rental housing. In this pet friendly community, future residents will enjoy spacious floor plans with amenities you would expect to find in an upscale home, at an affordable price: a fully-equipped gourmet kitchen with brand new energy-efficient appliances, exceptional closet space, central air conditioning, and a laundry room which includes full-size washer/dryer connections and extra storage. Reserve at Quebec will offer several other amenities which separate them from their local competition; a community clubhouse that boasts a business center, media room, and fitness center; as well as outdoor amenities including a swimming pool, picnic area and dog park where residents can enjoy the companionship of friends and family. Unlike other apartment communities, Reserve at Quebec has a personal attention, exceptional move-in, and maintenance response commitment that are made to every resident.  The professional onsite management team and 24-hour (more)

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Plug Into Incentives

Are you interested in growing or relocating to the Greater Cincinnati area? Money and savings from the state, local and federal incentives may be available. Miller-Valentine partners with REDI Cincinnati and provides answers to the important questions you need to ask. REDI works with more than 160 partners to provide a unified response to the business growth needs of companies and serves as a link to financial and regulatory resources for new and emerging businesses. They also provide connections to the best experts in the area that can help take startups to the next level, as well as grow existing companies. Below is just a sampling of some frequently asked questions to which REDI can provide advice and guidance: When should a business owner start thinking about economic incentives?As soon as possible. Why? Because when a business owner signs a lease or publicly commits to a location, incentives are no longer available. Beyond incentives, REDI is equipped to help a company make a location decision swiftly and simply. REDI can make introductions to the right people in local or regional government and can provide information on state loan or grant opportunities. Part of REDI’s services includes site searches for clients and (more)

Dayton Retail Market Report

2016 Dayton Retail Market Remained Stable

According to our 2016 Retail Market Survey, the Dayton Area and Dayton Regional markets remained relatively stable during 2016, showing some positive signs of growth. Most submarkets showed an increase in occupancy. This decrease vacancy in the Dayton Regional Market to 15.11% during 2016 was mainly due to strengthening in the Springfield and the East and South Dayton submarkets.  Within the Dayton Regional Market, a positive absorption of 67,116 square feet of space occurred during the 2016 survey period. Of the outlying regional submarkets, Springfield, Xenia and Lebanon-Middletown were the most active in 2016, with positive absorption and increasing occupancy levels. The vacancy rate for the Dayton Area Market (which includes the Dayton North, South, East, West, and CBD markets)  fell to 13.26% during 2016, down from 13.92% in 2015.  The Dayton Area Market experienced an overall net positive absorption of 92,535 square feet.  The East Dayton market showed positive trends with over 120,000 square feet of positive space absorption in 2016. However, the Dayton North Market showed some signs of softening with vacancy rates increasing to 21.78%. The Dayton Central Business District and surrounding neighborhoods (especially those near the University of Dayton) continue to attract many commercial and entertainment (more)

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