Commercial Property Improvements Equal Tax Benefits in 2013

Are You Missing an Opportunity to Capture 2013 Tax Benefits?

commercial property improvements by design builder APPRO Development 09-26-2013If commercial property improvements are on your horizon, there is still time to improve your commercial property before the end of the year. Did you know there are tax benefits available if you own and lease out commercial real estate? But, you will need to act fast – you have until December 31, 2013 to take advantage of these tax benefits.

According to Stephen Fishman in a recent blog article in Inman News, “Improve Commercial Property Now to Capture 2013 Tax Benefits”, “Qualified leasehold property improvements made during 2013 can qualify for the following tax benefits:

 

  • 15-year depreciation period (instead of 39 years).
  • Section 179 deduction up to $250,000.
  • 50 percent bonus depreciation.

Any one of these benefits would be great, but all three together enable commercial landlords (and lessees) to deduct a huge percentage of the cost of making improvements in a single year, rather than having to depreciate the entire cost over 39 years.”

APPRO Development, Inc., your midwest design-build, general contractor, has been helping business owners like you to find unique property solutions for more than 25 years. We have a few openings left in our fall schedule – Contact Us today to schedule your commercial property improvement.

Proposed New Industrial Facility in Mankato, MN

APPRO Development, Inc. is fortunate to be working with Imperial Plastics on a project proposing to eventually bring more than 100 new jobs to Mankato, Minnesota.

Watch the latest City of Mankato Council Meeting regarding this newly proposed industrial facility project by APPRO Development, Inc. (Source: Gustafson, Ryan, “Company Looking for Help from City Council to Build”, Posted: Jan 14, 2013 9:19 PM CST, Updated: Jan 14, 2013 9:57 PM CST, KEYC, Mankato, MN)

KEYC – Mankato News, Weather, Sports –

Please click on the image below if you would like more specific information on this project.

Imperial Plastics - Mankato Exterior Elevation

If you would like more information on commercial construction in Minnesota or North Dakota, please contact APPRO Development, Inc. at (952) 469-2171 or contact us online.

Commercial Building Remodeling in South Metro MN

APPRO Development, Inc. is well known in the South Metro / South of the River area of Minnesota, as a reputable commercial general contractor with a focus on land development and constructing commercial buildings. We have found over the years, people are sometimes unaware APPRO also is an excellent resource for remodeling existing buildings. Our design and architecture team partnering with our project management team, apply the same expertise on a project from the ground up as we do on a remodel or renovation project.

For many different reasons, an owner decides to stay in the same building, verses than making a move. APPRO can walk an owner through the process to determine available options and to navigate the sometimes daunting process of city approvals, or financing options. We take the same care to provide expert advice on a remodel or renovation project as we do on a new building project when we competitively bid out the project, and provide a detailed proposal to the building owner.

We have been working with Imperial Plastics in the Airlake Industrial Park in Lakeville, which just happens to be around the corner from our home office. This office remodel project has resulted in a state of the art space with striking finishes, creating an inviting space to both visit and work.

Remodel Project by APPRO Development - Imperial Plastics Project

If you are considering making some changes to your building, I invite you to take a look at some more of our current projects to see what we are currently working on in both Minnesota and North Dakota. You may also want to check out our past projects to spark some ideas. Or, maybe you need a new, but existing space to move your business – please consider our sister company, CERRON Commercial Properties, who specializes in existing property sales and leasing.

Finally, if you are still looking for more ideas, feel free to contact our office – we can be reached at 952-469-2171 or by email at office@APPRODEVELOPMENT.com. We would consider it an honor to help you with your next project.

Happy New Year!

Investment Opportunities

At a time of the year when we would normally be a little slower, we are thrilled to find ourselves very busy as we anticipate an amazing 2013!

Right now, we have two very exciting investment opportunities:

The first is a manufacturing facility in Southern Minnesota.

Southern Minnesota Manufacturing Building - Investment Opportunity

The second is an Apartment Complex in North Dakota.

North Dakota Aprtment Complex Investment Opportunity

If you would like more information on either of these opportunities, please contact Jack Matasosky in our office right away at JackM@Approdevelopment.com or at 952-469-2171.

The New Year is full of promise and all of us at APPRO Development, Inc. and CERRON Commercial Properties, LLC are looking forward to “Creating Property Solutions For You and With You” in the days and months to come!

Anna’s Bananas Daycare Coming Soon to Northfield!

APPRO Development, Inc. is proud to be partnered with Anna of Anna’s Bananas Daycare to introduce her top-of-the-line childcare facility to the city of Northfield. Located at 516 5th Street West, the building was originally constructed as a Montessori School. Its doors closed in 1997 and the building sat vacant for years until recently when Anna purchased this building as the location for her fourth daycare. The building was modified slightly for the interim use of a few offices prior to Anna’s purchase. As such, the layout proved inefficient for use as a daycare and walls were removed and relocated to provide a more comforting and upgraded atmosphere for its future children and employees. Higher quality interior finishes have been selected to elicit feelings of being in a lodge or a more home-like environment. Lots of wood detailing, decorative lighting, and a heavy timber entrance feature carry this image throughout the building. Construction is ongoing, but is anticipated to be complete for an opening in Spring of 2013.

Visit www.annasbananas.com for more information on her four locations, including facility rates, contact info, applications for hiring and an overview of her childcare philosophy. Browse her photo gallery for a peek into her other three locations, and check back to see photos of the new Northfield project. Construction progress photos can also be found on APPRO’s website.

Stay tuned for interior construction progress photos!

If you are looking to remodel, expand or build a new commercial, retail or industrial facility, APPRO Development would be more than happy to assist you. Contact us to discuss your needs for designing and building the perfect solution for you and your business.

Sound the Alarms – Firehouse Grille Coming Soon!

APPRO Development & CERRON Commercial Properties are very excited to be working on a new project which will bring innovative ownership and fresh ideas to an existing (former restaurant) building in the City of Elko New Market.

Elko New Market is located just four miles south of Lakeville and two miles west of I-35, with a growing population, in one of Minnesota’s fastest growing counties (Scott County, Minnesota).

The Firehouse Grille, located at 7875 Old Towne Road, has been purchased by new ownership and is currently under renovation by APPRO Development, Inc., as the design build, general contractor. The new owners have been pouring over every detail of this building from the ceiling to the bar to the floor and have chosen some unique materials…

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You will have to wait and see how they have used these materials in the design-build process when you stop on out for a bite to eat!

As a result of all of this work, the Firehouse Grille will surely be Scott County’s best new culinary refuge and preferred stomping grounds for area firefighters and community members alike.

So, go ahead – pack up your hoses, silence the sirens, park the trucks, hang up the gear, and slide on down to the new Firehouse Grill in Elko New Market! Opening early 2013!

APPRO & CERRON have been providing property solutions to meet the unique needs of each of their clients for more than 25 years in the South Metro area of Minnesota and across North Dakota and Montana. Give us a call today to discuss your unique needs – it would be our honor to help you find the perfect solution for you and your business. Feel free to contact us at any time.

ON A MISSION

By Pat Simpkins, Project Manager, APPRO Development, Inc. (A Commercial, Design Build Company located in Lakeville, MN)

Mission to live and work by the Golden Rule

This Christmas, my biggest present will be the presence of my middle daughter, back from nearly six months of mission work in Australia’s Outback and in Uganda. She and her older sister are both currently in full time work as interdenominational Christian missionaries, both based off the west coast of Australia. They are leaders in a much larger group of people that trains together for three months, then goes out to different places in the world where they believe the Gospel message is most needed and where there are other physical needs for which they can help. The work pays nothing, living conditions are often lousy and the work often-times physically and/or psychologically challenging. It is the most rewarding work either daughter can think of doing during this time in their lives, however, as their smiles and countenance show.

I believe a sense of mission is needed in everyone’s lives. Many people in the business community have a passion for their customers, in delivering a good or service that is of such high quality and value that it can’t help but impress. Customers come back, not wanting to sacrifice any part of the great experience they just received, often insisting on that person being their contact for all upcoming work they intend to do with the company. A loyalty is built, upon which many years of upcoming work can be derived, and which usually results in a mutually profitable arrangement for both parties for that extended time.

One example I can think of is a friend of mine in the stock trading business who has always tended to pick stocks very well. He has stated on many occasions that what drives him is doing everything he can to maximize his clients’ portfolios over the long run while minimizing the risks in doing so. Since each investor is different, he goes to great lengths to get to know their investing philosophies, to ensure he is the right fit for them, and to know how much risk-taking in buying and selling stocks he should take with their portfolios. While no trader is a winner in every stock transaction, our stocks have done very well under his guidance. His business has boomed, as new clients have realized how successful he has been for others.

It seems the most successful people in business are successful because they are driven to customer satisfaction, even customer delight. This takes dedication, thoughtfulness, an ability to put oneself in another’s shoes mentally or emotionally, and good overall communication. Like my missionary daughters, sometimes prayer is also involved. The golden rule of treating others as one would like to be treated also always applies. These values are at the center of APPRO & CERRON’s business philosophy of going the extra mile to serve our clients well.

So, how about it? Are you ready to dedicate yourself in your daily business dealings to do whatever you can to take care of your customer’s needs? Even when there’s no immediate payoff, and sometimes involves some personal sacrifice? Why not consider it as your New Year’s resolution for 2013? It may not pay off immediately for you. But I promise that, over time, you will cultivate your own loyal customer base wherever you go, for as long as you press onward for “the mission.”

At APPRO and CERRON, we have been blessed with long time friends, subcontractors and clients who join us in our passion for creating property solutions by striving every day to understand what drives our clients’ businesses, so we know best how to find property solutions for them and meet their business needs. This dedication has earned APPRO and CERRON repeat and expanded business opportunities with many loyal clients in the process. I want to take this time to wish everyone a Merry Christmas at this special time of year. Don’t miss the chance to spend quality time with family and friends whenever possible, to make the most of it. Please remember, too, to let APPRO Development and CERRON Properties take care of your property needs in 2013. You’ll be glad you did!

For those interested in being a part of my oldest daughter’s upcoming mission work in Asia, feel free to give me a call.

Pat Simpkins

APPRO Development, a commercial design and construction company in Minnesota, is celebrating our 25th Anniversary

APPRO Development has been active in land development, design, and construction services since 1987. For the past 25 years, we have helped businesses with their remodel, renovation, building addition, and new construction projects.

We would like to thank all of our clients, subcontractors, friends and family who have made our success possible.

Looking to remodel, expand or build a new commercial, industrial, warehouse or manufacturing facility? Contact APPRO Development for all your design & build needs

Groundbreaking in Burnsville

Quality Ingredients Corporation Breaks Ground on Job-Creating Expansion

Quality Ingredients Corporation announces that construction is underway to expand their certified spray dry operation for food ingredients, and held a ground-breaking ceremony today at their Burnsville, Minnesota plant. Attendees from the community included Elizabeth Kautz Mayor of Burnsville, Craig Ebeling, Burnsville City Manager, Chris Slania, City Planner, Skip Nienhaus, Economic Development Coordinator and Jenni Faulkner, Community Development Director. Attending from Appro Development, the general contracting firm for the project were Jack Matasosky, CEO, Jim Connelly, EVP/Design Lead, Kathy Morse, VP, and Pat Simpkins, Project Manager.

The expansion will double the company’s spray dry capacity, offer customers new and unique capabilities for specialized ingredient processing, and add 20 skilled manufacturing jobs to the area. Four positions have been filled, including the hiring of two veterans. Recruiting efforts are underway for the remaining positions.

Work began in late 2011 to manage the logistics and scheduling required to expand this complex operation, and to customize the two new tower dryers to meet the company’s exacting specifications. Earlier this year, interior work began to accommodate the added equipment in a manner that protects the integrity of current operations. “To effectively scale up a truly first-class operation is no small undertaking, and we are extremely fortunate to have Bob Freemore lead our team of industry experts and qualified contractors”, said Isabelle Day, CEO of Quality Ingredients Corporation. “This expansion will reflect the industry-leading quality that has come to symbolize the products and service we offer.”

Construction will continue through September, with final completion expected in October. “We will integrate the new dryers into our current operations as swiftly as possible to meet the growing demand for our services”, noted Day.

About Quality Ingredients Corporation

Celebrating its 25th year of service to the food industry, Burnsville, Minnesota-based Quality Ingredients is a 100% Employee Stock Ownership Plan (ESOP) company leveraging expertise in drying technology to create proprietary and custom powdered ingredient systems as well as provide toll drying and blending services for food processing companies across North America and beyond. Please visit www.qic.us for more information.