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What is an Owner’s Representative, and Why Does Your Project Need One?

When navigating the complexities of commercial construction and development projects, having the proper support is essential to ensure everything runs smoothly. That’s where an owner’s representative comes in. Acting as the owner’s trusted advocate, an owner’s representative manages everything from budgeting and contract negotiations to project coordination and quality control—allowing business owners to focus on the big picture while leaving the day-to-day management to a dedicated expert.

Let’s dive deeper into the role of owner representatives and why they are essential for planning, designing and building a commercial building or facility project.

Understanding Owner Representatives

An owner’s representative is a crucial asset in commercial construction and development projects, acting as the owner’s advocate and ensuring project goals are met, timelines are maintained, and budgets are managed. They assist in various areas, including accounting, management, financial oversight, construction coordination, and project management. Their role involves walking the owner through the project process, providing guidance, and helping with any needs that arise along the way.

By acting as the bridge between the owner and different divisions of the project, owner reps like Hokanson Companies ensure that all components are aligned and progressing toward the owner’s vision.

The Advantages of Owner Representative Services

Partnering with an owner’s representative brings several benefits to commercial construction and development projects. Let’s examine some key advantages of utilizing owner representative services.

Streamlined Project Management

Owner representatives handle the day-to-day management of your project, ensuring that all moving parts come together seamlessly. They coordinate with contractors, architects, and engineers, completing tasks on time and mitigating delays.

Cost Control and Budget Management

An owner representative keeps your project on track financially. They monitor spending, manage change orders, and ensure that all expenses align with your budget. Their expertise helps prevent costly overruns and ensures the project stays within financial limits.

Risk Mitigation

Construction projects are complex and filled with potential risks. An owner’s representative identifies potential issues early on and develops strategies to mitigate these risks. This proactive approach minimizes disruptions and ensures the project moves forward smoothly.

Quality Assurance

Owner representatives oversee the quality of work being performed, ensuring it meets both industry standards and the owner’s expectations. By focusing on quality control, they help avoid subpar work and provide a successful, high-quality outcome.

Time Management and Schedule Adherence

Meeting deadlines is critical in construction projects. Owner representatives like Hokanson Companies create and monitor the project schedule, ensuring that milestones are met and the project stays on track for timely completion. This avoids delays that could increase costs.

Effective Communication and Coordination

One of the most important roles of an owner’s representative is to facilitate clear communication between all parties involved. They act as the main point of contact, ensuring that the owner’s vision is understood and implemented, while addressing concerns from contractors and other stakeholders.

Advocacy for the Owner’s Interests

An owner representative acts as the owner’s advocate throughout the project, ensuring their interests are protected at every step. Whether it’s negotiating contracts or handling disputes, the owner’s representative works to ensure the project aligns with the owner’s goals.

Make your commercial construction project simple with Hokanson Companies’ professional management services.

Find Out More

Choosing the Right Owner Representative for Your Project

Selecting the right owner representative is a critical decision that can significantly impact the success of your commercial construction or development project. A skilled and reliable owner representative should promote your interests, manage the project efficiently, and ensure that your vision is realized. Below are some necessary factors to consider when choosing an owner representative for your project.

Industry Expertise

Consider their knowledge of the industry and familiarity with the unique challenges, project size, and regulations involved in your specific sector. A representative with industry expertise can anticipate potential issues and provide solutions that align with the best practices in your field.

Strong Communication Skills

An owner representative serves as the central communication hub between all parties involved in the project. It’s important to select someone who is a strong communicator who can relay information clearly and effectively, such as Hokanson Companies, ensuring everyone stays aligned with the project goals.

Reputation and References

Research the reputation of the owner representative you’re considering. Seek out reviews or ask for references from previous clients. Positive feedback from others in the industry can be a strong indicator of the representative’s ability to manage projects successfully.

Negotiation Abilities

An effective owner representative must have strong negotiation skills to secure favorable contracts and pricing from contractors, suppliers, and other service providers. Assess their ability to negotiate terms that benefit your project without compromising quality or budget.

Attention to Detail

Construction and development projects require a keen eye for detail to ensure that no element is overlooked. Choose an owner representative who demonstrates thoroughness in planning, reviewing contracts, and monitoring the quality of work throughout the project.

Transparency and Integrity

Select an owner representative who is transparent in their dealings, providing you with honest updates on project progress, costs, and potential issues. Trustworthiness is crucial, as you need someone who will act in your best interests and provide unbiased advice.

If you’re unavailable or inexperienced and need a project team that can manage your project budget and schedule, Hokanson Companie is here to help.

Utilize Reliable Owner Representative Services With Hokanson Companies

At Hokanson Companies, we understand how crucial the role of an owner’s representative is in ensuring construction and development projects run smoothly. Our owner’s representative services are designed to guarantee your project is completed on time, within budget, and to your exact expectations. Let us handle the complexities so you can focus on your vision. Reach out to us today to ensure your project’s success from start to finish.

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Christopher M. Horsley

President and Chief Executive Officer
cmh@hokansoninc.com

“Working hard to make a difference to earn your business.”

Chris Horsley joined Hokanson Companies, Inc. in 1997 while completing his degree in Civil Engineering at Purdue University. Chris began his employment at Hokanson Companies in the construction area and in 2000 added Property Management to his responsibilities. Now as President and Chief Executive Officer, he focuses his efforts on construction, development, and property/facility management. Chris oversees a team of property and construction managers to provide management services to approximately 5M square feet in a 7-state geographical service area. Chris also works closely with multiple financial institutions to meet their bank branch real estate needs which includes a 140-branch system across a 3-state geographical area.

Chris graduated from Purdue University in 1999 with a Bachelor of Science in Civil Engineering. He holds a Professional Indiana State License for an Engineer in Training (EIT) and an Indiana Real Estate Broker and is a Certified Commercial Investment Member (CCIM). Chis is also involved with The Building Owners and Managers Association (BOMA) and is currently serving on the International Executive Committee and is the President for BOMA Indianapolis.

Chris enjoys spending time, working in the business, being outside, riding motorcycles, exercising, playing golf, and being with his family.

Stephen J. Adams

Executive Vice President
sja@hokansoninc.com

Stephen J. Adams joined Hokanson Companies, Inc. in 2000 and now serves as the Executive Vice President for the company.  While leading the leasing and brokerage team over the past 25 + years, Stephen has grown his client list by being accountable, trustworthy and responsive at all times.  He manages his client’s corporate real estate needs from coast to coast through providing site selection, transaction advisory, tenant representation and acquisition/disposition services.

Stephen serves as the outsourced real estate partner to many major corporations and has developed long-term relationships by integrating and learning the business of his clients.  His proactive approach to cost savings has provided an invaluable benefit to his customers.  He continues to have success with both large, multinational companies and regional businesses as he earns his client’s business daily with an eye on strategic planning, both locally and nationally.

As Executive Vice President, he helps manage a team of seasoned professionals who provide expert market research, real estate knowledge, and function as a cohesive team to enhance the decision making of his clients.  Capabilities include strategic planning, market evaluation and transaction management.

Continuing the company’s history as the premier medical real estate provider, Stephen has developed relationships with the major hospital systems in Indiana, such as Indiana University Health, Community Health Network, Ascension St. Vincent, Lutheran Health, Parkview Health, Hancock Regional Health and Johnson Memorial Hospital.  In addition, representation services have been provided to many private physician groups such as OPTUM, Otolaryngology Associates, Dawes Fretzin Dermatology, Indiana Spine Group, Midwest Fertility, Northside Gastroenterology, The Surgery Center of Indianapolis, the Suburban Health Organization and the Indiana Hospital Association.

Stephen also counts several publicly traded REITS and Private Equity groups as clients.  Major investment sales experience includes on-campus MOBs at St. Vincent – Indianapolis, Indiana University – Methodist Downtown, Indiana University Health North and West Campuses, Parkview Health, Lutheran Health and various other campuses.  Also, he has completed several national, single-tenant, industrial sale/leaseback transactions including tenants such as Hershey’s, Firestone and several 3PL providers.

Stephen has devoted his time to various organizations including Noble of Indiana, Penrod Arts Society, Youthlinks Indiana, Hoosier Oncology Group, Allisonville Youth Baseball, St. Pius X School, and Cathedral High School the Governors Awards for Tomorrows Leaders.  He is also a member of the Stanley K. Lacy Executive Leadership Series, Class XXXVII.

Jay B. Gehl

Vice Chairman
jbg@hokansoninc.com

Jay Gehl serves as Vice Chairman of Hokanson Companies, Inc.  With over thirty years of experience, Jay has been directing and managing the company’s expertise in the areas of corporate advisory work, strategic planning, tenant representation, financial analysis of leases, brokerage, and build-to-suit assistance.  He has been instrumental in assisting the efforts of several major corporations establishing or relocating their corporate headquarters and managing vast portfolios of leased and owned properties across the United States.  His attention to detail and his unparalleled customer service have been the foundation of his relationships with the institutional customers served by Hokanson Companies, Inc.

Jay has excelled in investment sales with multiple transactions each year that annually rank him as a top producing broker on a local and national level. In addition, Jay’s efforts have helped corporate clients establish or renew leases in facilities across the United States from Connecticut to California.  He has also served the international needs of his clients in six countries including a facility in Turrialba, Costa Rica with 230,000 square feet and 35 acres.

Jay’s resume includes multiple build-to-suits of logistics and manufacturing facilities.  In addition, investment sales such as the 550,000 square foot U.S. Postal Facility in downtown Indianapolis and a 450,000 square foot medical portfolio make Jay a top producer in the local market while managing a team of highly experienced real estate professionals.  The success of Jay’s business is benchmarked by the multiple transactions and ongoing relationships with customers that have remained satisfied by the level of service and the quality of the transactions resulting from his guidance.

Today Jay continues to excel at providing excellent advice and service to several customers that lead their individual industries in quality, growth, and innovation.

Stephen P. Hokanson

Chairman of the Board and Chief Executive Officer, CRE, CPM, RPA
sph@hokansoninc.com

“We put our clients’ interests first… always.”

Steve Hokanson serves as Chairman of the Board and Chief Executive Officer of Hokanson Companies, Inc. He began with HCI in 1971, and has been its President and CEO since 1983. When Steve joined the organization, Hokanson Companies was primarily focused on property management. Under Steve’s leadership, Hokanson Companies has grown to include four active divisions and five separate disciplines.

HCI currently manages over 6 Million square feet under its property management division, and has over $100 million in project management and development. Its sales and leasing division closes over $100 million in sales and leases annually, while they continue to be very active in construction management for its various clients and out-of-ground buildings.

In addition to his role at HCI, Steve has also fulfilled numerous civic and professional leadership roles locally, statewide, and nationally, including the International President of BOMA International 1991-1993. Steve’s other accomplishments include being selected for the Stanley K. Lacy Executive Leadership Series, the Eagle Scout Silver Beaver Award, the National Distinguished Eagle Scout Award, named in Outstanding Young Men in America, and the Sagamore of the Wabash award, which is the highest award given in the State of Indiana by our Governor.

Steve Hokanson graduated from Indiana University in 1969 with a Bachelor of Science in Management and Administration. Steve is a licensed Real Estate Broker in the State of Indiana, and his designations include Counselor of Real Estate (CRE), Certified Property Manager (CPM), and Real Property Administrator (RPA).

Boyd R. Zoccola

Chief Development Officer
brz@hokansoninc.com

“Your ideas become reality through our combined efforts.”

Boyd R. Zoccola serves as Chief Development Officer of Hokanson Companies Inc. With over 25 years of experience, he focuses his expertise on development of office and medical space, and corporate consulting. Boyd has been actively involved in the development of nearly $600 million worth of real estate, including client partners like IU Health, Springleaf Financial, Vectren Corporation, and Old National Bank.

Boyd’s industry involvement with The Building Owners and Managers Association (BOMA) is extensive beginning in 1994. He served as Chair and Chief Elected Officer of BOMA International, and has also served on the Executive, Finance, Medical, and Healthcare Facilities Committees. He also served and chaired numerous task forces along with being a panelist and/or speaker. Boyd’s BOMA Indianapolis experience includes positions as President, Vice President, Treasurer, Secretary, and multiple committee chairs. In addition, Boyd served as a Board Member of the Real Estate Round Table from 2011-2012.

Boyd graduated from Indiana University with a BA in Biology and is a graduate of the Stanley K. Lacy Leadership Series. Boyd has served the community through his involvement with Horizon House, Girls Inc., and the IYHA. He is a member of Second Presbyterian Church, Sigma Chi Alumni Association, Meridian Hills Country Club, and is an Indiana Real Estate Principal Broker.

Tony R. Townsley

Chief Financial Officer, CPA
trt@hokansoninc.com

“A great company has great people who are passionate about what they do! I am proud to be a part of the Hokanson Team, where we demonstrate that passion every day in helping our customers solve their Real Estate challenges.”

Tony Townsley serves as Chief Financial Officer of Hokanson Companies, Inc. Tony began with HCI in 2001, bringing with him 25 years of accounting and operations management experience including four years with Arthur Anderson. This vast knowledge has contributed to his success overseeing the corporate financial reporting, cash management, budget coordination, and year-end audit and tax responsibilities at Hokanson.

Tony graduated from Indiana University in 1985 with a Bachelor of Science degree in Accounting. He is a Certified Public Accountant, and was appointed by the Governor to serve on the Governor’s Council of Impaired and Dangerous Driving. Tony also served on the Wine and Spirit Wholesalers’ Board of Directors. Currently, he’s involved with the Merciful Help Center, and is an active member of Our Lady of Mt. Carmel Catholic Church.

Tony enjoys spending time outdoors with his family, camping, fishing, biking, and reading. Those same family values led him in publishing a children’s book titled “Three Cups”, which teaches children how to save, spend, and be charitable with their money. There are more than 50,000 copies of the book in distribution.