News


Stay up-to-date with the latest news from Hokanson Companies!


Annual BOMA Indiana & Member Awards

Congratulations to Heather Cagle and Chris on their recent awards at the Annual BOMA Indiana & Member Awards meeting!
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The Importance of a Comprehensive Budget in Commercial Real Estate

Real estate budgeting and forecasting are essential for companies that wish to allocate their finances while securing the ideal property.
Side view of a modern white commercial office space

Finding the Right Subleased Commercial Space: Tips and Resources

Want to learn how you can find subleased office space? Read the following article to discover how working with a real estate professional can help.
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The Pros and Cons of Subleasing Commercial Space: What You Need to Know

There are both advantages and disadvantages to subleasing commercial space. Read on to discover more and find the best property for your business.
How Property Management Outsourcing Services Boost Properties commercial building

How Outsourcing Property Management Can Boost Rental Property ROI

Learn how property management outsourcing services bolster properties and discover the role they play in property enhancement.

The Benefits of Outsourcing Property Management

This blog explores the benefits of outsourcing property management, giving you an in-depth understanding of what property management is and how it works.

Maximizing ROI in Medical Real Estate: Essential Strategies

Learn essential strategies for maximizing your return on investment in the medical real estate industry.

Commercial Snow Services

Discover how our efficient commercial snow removal services can ensure safe business operations during the winter months.

The Role of Commercial Property Managers in Real Estate

A commercial property manager relieves the pressure of running a real estate asset, such as handling repairs, collecting rent, and negotiating leases.

Progress on the Horizon

(January 2018)  Construction of the new VA South Hillsborough Community Based Outpatient Clinic in Florida is beginning to take shape.  The 65,000 square foot concrete slab has been poured and steel is in the process of being erected.

 

Celebrating a Milestone

(January 2018)  It is with great pride that Hokanson Companies, Inc. (HCI) enters its 80th year since it was founded.  Maynard Hokanson started the company at the request of the Hume brothers who owned the Hume Mansur building, a 12-story medical building in downtown Indianapolis located at 23 East Ohio Street.  Stephen Hokanson joined the company in 1971.  At that time, HCI managed approximately 700,000 square feet of space and occupied space in the Hume Mansur Building.  Lots has happened since then, HCI currently manages approximately 7 million square feet of space in 7 states.  HCI also has a very vibrant Leasing and Brokerage group, a Development group and a Construction group, in addition to its Property Management group.  All four disciplines cross each other allowing HCI to give their clients the best Commercial Real Estate services available.

Promotion

(August 2017)    Hokanson Companies, Inc. is pleased to announce that Stephen Bolton has been promoted from Construction Manager to Director of Construction Services.  Stephen joined Hokanson Companies in 2012 and handles all aspects of the construction phases from design to completion.  He excels in bringing Owners, Architects and Contractors together to work as a team to insure successful projects.

New Development

(June 2017)  Hokanson Companies, Inc. is pleased to announce a new development for a 25,000 square foot freestanding Ambulatory Outpatient Facility located in Innovation Park in Greenwood, Indiana to be occupied by St. Vincent Health, Inc. and owned by a physician investment group.   Hokanson will develop, construct and upon completion will provide asset management services.  The project consists of a new, ground up building located on the vacant lot on the OrthoIndy Campus.  The building will be a single-story steel framed structure with stone, brick, composite metal cladding and metal siding on the exterior.

Construction Completed

 

 

 

 

 

(May 2017)  Construction completed on a new 8,600 square foot professional medical office building for American Health Network primary care located at 10421 East County Road 100 North in Avon, Indiana.  This new medical facility has 15 exam rooms, 3 procedure rooms, laboratory and staff support spaces.  Hokanson Companies, Inc. provided full development and leasing services, obtained interim financing, provided construction services and is now providing property management services for this building.

 

Ground Breaking

 

 

 

 

 

 

 

 

 

 

 

(May 2017)  Ground breaking ceremonies were held on May 22, 2017, for the VA South Hillsborough Community Based Outpatient Clinic.  The 20.7 acre tract of land will be transformed with 482 parking spaces and a one-story, 65,000-square foot clinic that will provide primary care services to more than 10,000 veterans living in the South Tampa area.  More than 4,500 of them reside in Sun City Center.  The facility will provide primary and specialty care, preventative care, mental and behavioral health treatment and telemedicine services.  It will offer audiology, MRIs, X-rays, CAT scans, ultrasound, physical therapy and labs, plus on-site prescription service.

USDA Project

(October 2016)  Hokanson Companies, Inc. is developing a 28,000 square foot building for the United States Department of Agriculture located in Sarasota, Florida. Hokanson Companies will co-develop and co-own this building.

The building is part of the Sterile Insect Release Program the USDA used to control the Mediterranean fruit fly and other insects in southern Florida.

Primary Care Medical Building

(September 2016)  Hokanson Companies, Inc. is excited to announce it is developing and constructing a primary care Medical Building on West 10th Street in Avon, Indiana for American Health Network.  The building, which has the capability of being expanded, will accommodate the growth needs of this very successful practice.  This project is to be scheduled for completion in the second quarter of 2017.

VA Outpatient Clinic Project

(September 2016) The Department of Veterans Affairs recently awarded Hokanson Companies, Inc. a new VA Outpatient Clinic project. This project is located in Riverview, Florida which is a suburb on the south of Tampa, Florida.  Architectural services are being provided by NIKA Solutions and Doster Construction Company is the general contractor.

The new single story, 65,000+ square foot, outpatient center will be located on a 20 acre site in one of the fastest growing communities in Tampa. The building has a central corridor with shared waiting areas and with dedicated spaces for audiology, laboratory, mental health, PACT (which is a primary/specialty care suite), pharmacy, prosthetics and a full imaging suite including MRI, CT and general radiology.  This project will pursue a LEED Silver certification for Healthcare upon completion.

Hokanson Companies is providing development services for the new building and will manage it upon occupancy. It is an exciting opportunity for Hokanson to continue our work for the VA and provide a new facility to our veterans.

LDI, Ltd. Total Makeover

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(June 2015)

Hokanson Companies, Inc. recently completed the renovation of the 8 – 9th floors of the Lacy Building located at 54 monument Circle, Indianapolis Indiana.

The existing space was totally gutted to the original  building structure and built back in a way that reflects the company’s new image.

Hokanson Companies not only managed the construction, but helped in the selection of the architect, negotiated architectural contract, helped with specialty vendor selections and management, managed owner vendors, coordinated the move-in/out and set-up of temporary space during construction, and maintained the entire project budget.

The LDI project mobilized in the fall of 2014 and was completed in May of 2015.

View Completed Project HERE.