A commercial real estate developer that
who we are
We develop superior real estate solutions and lasting value for our clients and the communities they serve.
SimonCRE was formed in 2010 by Joshua Simon with the goal to create a company that redefined the commercial real estate development industry. Since then, we have developed and leased property all across the country, from Florida to Oregon.
We work hard to maintain the highest standards while delivering superior real estate developments for our clients and surrounding communities. We aim to create innovative, flexible, and effective solutions while embodying an entrepreneurial spirit.
SimonCRE is committed to building lasting relationships and leaving a positive impact on the communities we serve. We want commercial development to be about more than just constructing or reconstructing a building; one way or another, it’s about transformations.
We’re continually pushing forward to achieve more and bring more to the clients and communities we serve.
Sun Life Family Health Center
St. Louis, MO
O'Reilly Auto Parts
Little Rock, AR
O'Reilly Auto Parts
San Miguel, CA
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He was introduced to golf before he was two years old; he shot a 48 on nine holes at the age of three; appeared in Golf Digest at the age of five; and he eventually won his first major championship 16 years later.
In his prime, people would say that Tiger Woods was born with a gift to play golf. Yes, he was naturally talented, but he also had a putter in his hands at six months old. And by the time he won his first major professional tournament at 21, he already had nearly 20 years of practice under his belt.
How Athletes Get it Right
It’s not difficult to find headlines today reading “Brick-and-Mortar Stores Are Shuttering at a Record Pace” or “Sears, J.C. Penney, Kmart, Macy's: These retailers are closing stores in 2017”. A number of retailers are closing up shops in the coming year (2,880 retail locations announced so far); feeling the pressure from e-commerce and a changing retail landscape. So why then are there a number of retailers moving in the opposite direction?
Brands like Dollar General, Walmart, Tractor Supply Company, T.J. Maxx, Ross, and Aldi among others, have all announced plans to open stores this year. So, what are these stores doing that separating them from those that seem to be floundering? What allows them to expand while so many more are fretting over the supposed “retail apocalypse”?
Why Some Retailers are Flourishing and Others are Floundering
Section 1031 exchanges have been on the government’s chopping block for years. Yet, legislators need to take a hard look at just how substantial the 1031 exchange is to the entire US economy. There is potential that the proposed tax reform, and subsequent impact on like kind exchanges, could set us on a path towards another recession.
Section 1031 is typically associated with the commercial real estate industry, although it also applies to personal property, such as gold coins, artwork, aircrafts, commercial fishing boats, and a variety of other items. The code allows a property owner to sell a property without having to initially pay the taxes on any proceeds from that sale, as long as those proceeds are being reinvested into a similar property. These are also referred to as a like-kind exchanges, due to the fact that property owners are essentially “exchanging” commercial real estate or personal property for a similar kind of property.
Could Repeal of 1031 Cause Another Recession?
From 2015 into 2016, we saw retail construction permitting trending upward, with commercial development activity starting to hit its stride following the Great Recession. But unfortunately, that trend appears to have reversed over the course of the last year. New construction retail permitting has seen a dip of around 30% from Q1 2016 to Q1 2017. And there are several key factors that have resulted in the current trend.