Category23_KCBJ_September

Page 1

STEADY TEMPS:

A LA CART:

WattMaster creates the perfect climate for growing.

As Downtown shops for more amenities, its currency will be more residents.

Growth Strategies | 17

Commercial Real Estate In Depth | 11 VOL. 31, NO. 2

SEPTEMBER 21-27, 2012 $3.95

kansascitybusinessjournal.com

| INSIDE |

Mission Gateway shops latest idea

Developer asks for $30M in bonds BY STEVE VOCKRODT | STAFF WRITER

NEW ROUNDS:

JoCo medical buildings sell, and new owner brings 100 jobs. | 3

The developer of the Mission Gateway project wants $30 million in public financing to complement about $140 million in private money for the long-awaited mixed-use development. The Cameron Group LLC has proposed that the city of Mis-

sion help jump-start the project at Shawnee Mission Parkway and Johnson Drive by issuing bonds to be repaid by tax increment financing and a community improvement district. Tax increment financing would redirect increases in sales and economic development taxes from the project, and a community improvement district

units, and other entertainment and restaurant venues. An aquarium and hotel included in previous plans were dropped earlier this year when The Cameron Group’s Tom Valenti said the market had soured for sales tax revenue (STAR) bonds. The bond program is meant to assist attractions that will draw visitors from outside Kansas.

would allow an increase in sales taxes within district boundaries. A public hearing is set for Oct. 17 at Mission City Hall to discuss the project’s financial proposal. Mission Gateway has gone through various iterations since the Mission Mall was torn down to make way for a modern development. The New York-based developer’s latest plan includes a Walmart Supercenter, a Sprouts Farmers Market, 300 apartment

SEE MISSION | 31

Best-laid plans scrambled

McDonnell exit elicits praise, relief

AWG faces boomerang suit in dispute with egg producers BY PAUL KOEPP | STAFF WRITER

HONEYMOONERS:

Perceptive Software gets an offer CEO Scott Coons simply cannot refuse. | 3

NEWSMAKER:

Peter deSilva, president of UMB Bank. | 9

When Associated Wholesale Grocers Inc. jumped into a lawsuit alleging price-fixing against the egg industry, it may have had visions of a windfall over easy. And in December, when the Kansas City, Kan., grocery store co-op got its suit removed from a consolidated federal case to stand alone before presumably more sympathetic jurors and judges on its home turf in Wyandotte County, that payout looked even tastier. AWG claimed that egg producers reduced output to boost prices. But that home cooking might not be all it was cracked up to be now that egg producers — armed with a potent recent Kansas Supreme Court decision, plus an AWG attorney’s legislative testimony — struck back with a counterclaim, alleging that AWG itself is guilty of an anti-competitive scheme with its “pa-

Markets see less value in DST civic involvement BY ALYSON RALETZ | STAFF WRITER

Tom McDonnell’s community involvement and contributions to the area real estate scene have won him praise in Kansas City. These same activities probably played into his rapid departure as CEO of DST Systems Inc., according to an analyst covering the company. McDonnell, the Kansas City dataprocessing company’s longtime CEO, moved out of the position Sept. 12, naming a relative newcomer to DST McDonnell as his successor. Stephen Hooley, whom McDonnell brought on in 2009 as the company’s COO and president, became DST’s new CEO the day of the announcement. The company said at the same time that McDonnell would stay at the company, in the role of non-executive chairman, only through the end of December. “It suggests that there may have been some level of disagreement

SEE AWG | 31

THE LIST:

Charitable trusts and foundations | 8

SEE EXIT | 31

BREAKING NEWS! Check our website at kansascitybusinessjournal.com Subscribe to FREE daily email updates and live RSS feeds for the latest news.

BIZBEAT BUSINESS LEADS CLASSIFIEDS

2 21-26 28

NEWS

3-10

OPINION

29

PEOPLE ON THE MOVE

27

GROWTH STRATEGIES

17-19

THE LIST

IN DEPTH

11-15

WEEK ON THE WEB

8 10


2

| KANSAS CITY BUSINESS JOURNAL

SEPTEMBER 21-27, 2012 kansascitybusinessjournal.com

An inside look at local business from the Kansas City Business Journal’s blog. For more on these items and posts throughout the week — and to join the discussion online — go to our home page: kansascitybusinessjournal.com Brian Kaberline – Editor

David Twiddy – Staff Writer

Civic scene

Health Care

McDonnell’s DST exit holds mixed meanings for KC

Saint Luke’s works on ‘Focus 2015’ plan to cut $100M

Tom McDonnell’s departure as CEO of DST Systems Inc. is a mixed bag for Kansas City. McDonnell and Phil Kirk were charged with finding a way to bring back the Quality Hill and Garment District areas. This team sparked the revival of Downtown by constructing new buildings and filling them. They added important fuel to the fire by making money from TIF plans tied to their projects available to help neighboring owners improve their holdings. The question is whether McDonnell’s successor as CEO will be as willing to have the company continue as a civic-minded developer and property owner.

Saint Luke’s Health System is beginning to flesh out the details of an internal campaign looking to cut costs and increase performance. Dubbed “Focus 2015,” the effort is being led by teams of more than 100 Saint Luke’s hospital and clinic employees reviewing all aspects of the health system with a goal of saving $100 million either through reductions or improved efficiency.

Paul Koepp – Staff Writer James Dornbrook – Staff Writer

Legal Services

A peek behind the curtain of the hot fuel trial

Investing

Bill Thomas: The rest of the story

A trial in the long-running hot fuel litigation ended Sept. 16 with a colorful allusion to “The Wizard of Oz.” Plaintiff’s attorney Bob Horn of Horn Aylward & Bandy LLC said gasoline retailers knowingly sell fuel that exceeds the industry standard of 60 degrees. A batch of suits alleging that the warm, expanded gas shortchanges consumers by billions was consolidated in KCK. “These companies have acted like the wizard of Oz,” Horn told the 10-person jury. “They tell you what they think you should know and hide behind the curtain.” Brad Bodamer, a Shook Hardy & Bacon LLP attorney for the remaining defendants, said the companies simply sell gas by the gallon without regard to temperature. “That’s the way it’s been done since cars were invented,” he said.

In the Sept. 17 print edition, I wrote about Bill Thomas, a pioneer in Kansas City’s investment-banking scene who died in July, leaving vacant the senior managing partner role at TGP Investments LLC. He was so influential that it was easy to find people willing to share stories about him. They painted a picture of Thomas’ key role in the evolution of KC’s financial services market. My print story focused on Thomas’ influential business exploits, but limited space meant I had to leave out great stories that illuminated his personality. Go online to check them out.

| PEOPLE INDEX |

| COMPANIES INDEX | AC Systems Inc.

17

Lead Bank

3

Apartment Search by Cort

14

Lexmark International Inc.

3

Associated Wholesale

Mariner Holdings LLC 1

Menorah Medical Center

Avondale Partners LLC

1

Merrill Lynch

7

Balls Food Stores

1

Missouri Press Association

7

Missouri Supreme Court

6

Bayer HealthCare LLC

Benjamin | 14

Case | 6

Cohn | 15

10

BKD LLP

4

Carnahan Evans Cantwell

Anderson, Gina Bacon, Brian Baker, Keith Benjamin, Nick

6 6 6 14

Birt, George

11, 14

Bryant, Greg

3

Buchanan, Beth

11

Vranicar | 4

LaBerge, Justin Lanning, Mike

11 3, 6

Levitan, Mike

3

Long, Christopher

5

Long, Mark

6

Maneke, Jean

7

Maxwell, Korb

1

Bynum, Greg

3

Mayer, Mike

6

Carson, Valorie

4

McConwell, Laura

1

Case, Kevin

6

McDonnell, Tom

1

Cobb, Bill

10

Morgan, Brian

Cohn, Cliff

15

Morgan, Marsha

4

Poage, Ryan

5

Coons, Scott Cosentino, John

3 11

Prince, Carolyn Rooke, Paul

17

14

Crabtree, Dan

1

deSilva, Peter

1, 9

Rowland, Josh

3

Dietrich, Bill

11

Rowland, Landon

3

Dunn, Peggy

3

Saunders, Michael

1

Murphy-Hoffman Co. National Association

3, 6

15

Schaffer, Tim

3

Fields, Jack

3

Smith, Greg

6

Franano, Nick

4

Sonnenberg, Ray

3

15

Stanec, Vinny

Organizing Committee

10

CB Richard Ellis

National Nurses United

10

3, 6

1

Strandjord, Jeannine

1

Henson, Gary

5

Stueve, Pat

1

17

Suarez, Nick

6

Hron, Janine

4

Swearngin, Sam

5

Huffer, Mark

5

Valenti, Tom

1

Kirk, Phil

1

Vranicar, David

4

Klamm, Mike

6

Wright, Howard Jr.

7

4

Consolidated Development Partners

11

Cosentino Group Inc.

1

Cosentino’s Market

11

Crittenton Children’s Center

4

Crossroads Academy

Redevelopment Corp.

of Kansas City

We never forget it’s your money.

©

Equity Bank

6

Contact Us. Scan barcode with your Smartphone.

Like us on Facebook!

(913) 323-9308 equitybank.com

5

Park University

17 3

Peters & Associates Inc.

3

Polsinelli Shughart PC

1

RED Brokerage LLC

3

German May PC

7

1

RSM McGladrey

10

Ryan Poage & Co.

5

Shook Hardy & Bacon LLP

7

15 3

Sidley Austin LLP

7

Stinson Morrison Hecker LLP

1 1

1

Stueve Siegel Hanson LLP

First Community Bank

3

Teva Pharmaceutical

10 5

Industries Ltd.

10

The Cameron Group LLC The Cordish Co.

1 11, 14

of Commerce

11

The Maneke Law Group LC

7

H&R Block Inc.

10

TranSystems Corp.

5

Truman Medical Centers

4

Harrison Street & Montecito

3

Home Builders Association of Greater Kansas City

U.S. Department 10

of Transportation

5

Housing and Economic Develop-

UMB Bank

9

ment Financial Corp.

15

UMB Financial Corp.

1

4

United Community

Kansas Bioscience Authority Kansas City Area

The Kansas City Business Journal (ISSN 1530-8170) is published weekly, except semiweekly the fourth week of December by the Kansas City Business Journal, 1100 Main St., Suite 210, Kansas City, MO 64105, 816-421-5900. The single-copy price is $3.95, plus tax, except for the Book of Lists issue, which is $65, plus tax. This newspaper is sold at different locations with varying sales tax rates. The subscription rate for one year (52 issues) is $106, two years (104 issues) is $201 and three years (156 issues) is $212 plus tax, for Kansas and Missouri residents. Periodical postage paid at Kansas City, Mo. The Business Journal is an equal opportunity employer. Postmaster: Send address changes to: 1100 Main St., Suite 210, Kansas City, MO 64105.

Capital Management LLC

11

Greater Kansas City Chamber Visit us on the web. Scan barcode with your Smartphone.

17

Palmer Square

Foundation

Geneva Arbitrage Fund

4

OEM Services LLC

Rouse Hendricks

Ewing Marion Kauffman

Garmin Ltd.

7

Perceptive Software LLC 11

Downtown Council of Kansas City

North Kansas City Hospital Novita Therapeutics

Economic Development Corp.

,PSURYH \RXU FDVK ÀRZ 6DYH WLPH DQG PRQH\ 5HGXFH ULVN

6

of Kansas City-St. Joseph Inc. 15

DST Systems Inc.

17

Heckmann, Pete

Hobbs, Michael

At Equity Bank, we never forget it’s your money. We’ll create your own customized account that puts you in control and takes advantage of the services you need. We’ve created a line of services that will:

of Insurance Commissioners National Nurses

Crown Center

A lot of banks say that they value your business, but you wouldn’t know it by the way they treat you.

3

7

of Kansas City

3

Egan, Joe

Halterman, Mike

Is your bank gambling with your money?

5

6

Ceva Biomune

Maneke | 7

1

Montage Investments

Case & Roberts PC Catholic Charities

10

Moark LLC

& Brown PC Cassidy Turley

Long | 5

5

Grocers Inc.

Transportation Authority Kansas City Board of Trade

Services of Johnson County

4

5

United Egg Producers

1

17

University of Missouri-

Kansas City Southern

3

Kansas City

KcKeever’s Enterprises Inc.

1

Vince & Associates

Kutak Rock LLP

7

Clinical Research

11 10

Land Clearance

WattMaster Controls

17

for Redevelopment Authority 15

Yarco Cos.

15

LaSala Commercial Realty Co. 3

Zimmer Real Estate Services LC 6


kansas city business journal |

SEPTEMBER 21-27, 2012

3

kansascitybusinessjournal.com

Truck dealer motors from KC to Leawood Murphy-Hoffman renovates medical office By Steve Vockrodt | Staff Writer

Dunn

Kansas City heavy-duty truck dealer Murphy-Hoffman Co. is moving its headquarters and about 100 employees to an unlikely destination: a Leawood medical office building. On Oct. 1, the company plans to move into the newly renovated 22,090-square-foot Tomahawk

Creek Medical Office Building at 11120 Tomahawk Creek Parkway in Leawood from its current location at 1524 N. Corrington Ave. in Kansas City. Murphy-Hoffman bought the specialized medical building in July and has converted it into one suitable for a corporate setting. Company officials could not be

reached to discuss the move. Murphy-Hoffman is a relatively quiet but big company in Kansas City. It has 2,345 employees in 10 states, including about 395 in various places locally. Its move is the latest in the metro area’s economic development Border War, though it’s not clear whether Murphy-Hoffman has pursued incentives. Leawood Mayor Peggy Dunn said the company did not approach the

city for economic development incentives. Kansas has not announced any benefits. “We’re always thrilled to have a headquarters in our community,” Dunn said. Although the precise sale price was not immediately available, a broker familiar with the deal quoted a $182-per-square-foot rate, which would push the total to slightly more SEE truck | 30

Perceptive benefits from shared vision Lexmark deal advances both companies’ goals By alyson raletz | Staff Writer

Scott Coons, CEO of Perceptive Software LLC, said he was in the Atlanta airport when he first heard from Lexmark International Inc. “We got a call out of the blue, and it went something like, ‘We’re interested in a strategic conversation,’” Coons said. His response: “Well, if that means acquisition, I’m not interested.” He became interested when he realized that the Kentucky company known mainly as a printer manufacturer could help Perceptive realize its dreams of global expansion. Lexmark’s $280 million purchase of Perceptive in 2010 added fuel to already rapid growth. The latest sign of that growth — and expectations that it will continue — came Sept. 18, when Perceptive broke ground on a 240,000-square-foot headquarters in Lenexa. The building, to be completed in 2014, is double the size of Perceptive’s present headquarters in Shawnee. On the day of the groundbreaking, Coons sat at a conference table with Lexmark CEO Paul Rooke, whom he jokingly described as his first boss. Coons, known for running a jeans-friendly company whose offices feature a slide and dodgeball court, was in slacks and a jacket (no tie), just like Rooke. “It’s very rare ... that a company will say we want to buy you to grow you, and then they actually do what they say they’re going to do,” said Coons, now a vice president of Lexmark. “And that’s exactly what happened here. We feel like everything we were told has happened.”

DAVE KAUP | KCBJ

Paul Rooke (left), CEO of Lexmark International Inc., and Scott Coons, CEO of Perceptive Software LLC, share a laugh while discussing Lexmark’s $280 million acquisition. Both sides of the transaction are benefiting from the 2010 purchase.

Perceptive’s revenue shot up from $3.7 million in 2000 to $84 million in 2009, and it had 527 employees when it sold to Lexmark. Since then, its workforce has climbed to more than 1,200, including 700 locally. Revenue hit $100 million last year and should increase again in 2012. Coons said he was on his way to the Netherlands, where Perceptive planned to open an office, when he got that first

call from Lexmark. Although the company already was growing, it would be tough to handle an international expansion with the resources of a still-young company. He originally wanted Lexmark as a client partner but agreed to meet with the company’s executives. Coons said he was impressed with their technical expertise and straightforward approach.

Rooke said Lexmark was attracted to Perceptive’s attention to detail with customers and its depth in some vertical industries, such as health care, that were weak points for Lexmark. “Clearly, we wanted to move to this solutions space, not out of printing, but expanding out of printing into a higher valSEE PERCEPTIVE | 30

Lead Bank hire signals readiness to branch out in KC

Bynum gets kudos for job at First Community Bank by James Dornbrook | staff writer

When Lead Bank hired Greg Bynum as its new president, it was sending a message to the Kansas City metropolitan area: It plans to grow. Bynum, who started at Lead Bank on Sept. 10, is the former president of First

Community Bank, a $609 million-asset bank based in Lee’s Summit with eight branches throughout the metro area. Lead Bank, by comparison, has $84.3 million in assets and one local branch in Lee’s Summit. Josh Rowland, vice chairman of Lead Bank, said the bank brought on Bynum to boost its presence in the Kansas City area and particularly in Eastern Jack- Rowland

son County. Rowland is the son of Lead Bank Chairman Landon Rowland, former chairman and CEO of Kansas City Southern. “There is a real statement that we’re making here, bringing on board a person with the experience and track record of growing a community financial institution,” Josh Rowland said. “We absolutely aim to be a significant player in the business community throughout this market. I don’t think there is anybody in town better positioned to help us do that

from our flagship location in Lee’s Summit than Greg Bynum.” Rowland said Lead Bank plans to announce a new branch location in Kansas City’s Midtown area in the next few weeks. The bank also is negotiating for a location in the Crossroads Arts District and is looking at opportunities in Johnson County. Rowland said Lead Bank hopes to tap into Bynum’s three decades of experiSEE BANK | 30


4 | kansas city business journal SEPTEMBER 21-27, 2012 kansascitybusinessjournal.com

The physicians and staff of HCA Midwest Health System’s hospitals, Midwest Physicians offices, ambulatory surgery centers and support departments

are proud to support the following local organizations and events with charitable contributions totaling more than $1 million in 2012:

r ,BOTBT $JUZ $IBML BOE 8BML r ,BOTBT $JUZ 'SFF )FBMUI $MJOJD r ,BVGGNBO $FOUFS GPS UIF 1FSGPSNJOH "SUT r .BSDI PG %JNFT #JLFST GPS #BCJFT 1SFNBUVSJUZ "XBSFOFTT .POUI r .JEXFTU 7FMP -*7&4530/( "SNZ $ZDMJOH 5FBN r /".* PG (SFBUFS ,BOTBT $JUZ r 1BODSFBUJD $BODFS "DUJPO /FUXPSL r 1BSLJOTPO 'PVOEBUJPO PG UIF )FBSUMBOE r 3 " #MPDI $BODFS 'PVOEBUJPO r 3PTF #SPPLT $FOUFS r 4"'&)0.& r 4UBSMJHIU 5IFBUSF r 4QPGGPSE r 5SVNBO -JCSBSZ *OTUJUVUF r 6OJUFE 8BZ PG (SFBUFS ,BOTBT $JUZ r :.$" PG (SFBUFS ,BOTBT $JUZ r :PVOH 4VSWJWBM $PBMJUJPO

7804 A

r "NFSJDBO $BODFS 4PDJFUZ m .BLJOH 4USJEFT "HBJOTU #SFBTU $BODFS r "NFSJDBO )FBSU "TTPDJBUJPO (P 3FE GPS 8PNFO ,BOTBT $JUZ )FBSU 8BML r #BQUJTU 5SJOJUZ -VUIFSBO 'PVOEBUJPO ,BOTBT $JUZ T .FEJDJOF $BCJOFU r #MBDL )FBMUI $BSF $PBMJUJPO r #PZT (JSMT $MVC PG (SFBUFS ,BOTBT $JUZ r $BODFS "DUJPO r $FOUFS GPS 1SBDUJDBM #JPFUIJDT r $FOUSBM &YDIBOHF r $SJTUP 3FZ ,BOTBT $JUZ r (JMEB T $MVC 5IF 8FMMOFTT $PNNVOJUZ r (SFBUFS ,BOTBT $JUZ *OUFSGBJUI $PVODJM r )BCJUBU GPS )VNBOJUZ r )PQF )BWFO PG $BTT $PVOUZ r )PQF )PVTF r )PVTF PG )PQF r +VOJPS "DIJFWFNFOU PG .JEEMF America

Find a doctor: 816-751-3000 or 913-541-7400 www.hcamidwest.com HOSPITALS: "MMFO $PVOUZ )PTQJUBM t #FMUPO 3FHJPOBM .FEJDBM $FOUFS t $BTT 3FHJPOBM .FEJDBM $FOUFS t $FOUFSQPJOU .FEJDBM $FOUFS t -BGBZFUUF 3FHJPOBM )FBMUI $FOUFS t -FF T 4VNNJU .FEJDBM $FOUFS t .FOPSBI .FEJDBM $FOUFS t 0WFSMBOE 1BSL 3FHJPOBM .FEJDBM $FOUFS t 3FTFBSDI .FEJDBM $FOUFS t 3FTFBSDI 1TZDIJBUSJD $FOUFS MIDWEST PHYSICIANS: .PSF UIBO QIZTJDJBOT JO MPDBUJPOT JO UIF ,BOTBT $JUZ NFUSP BOE TVSSPVOEJOH BSFBT OUTPATIENT SURGERY CENTERS: $FOUFSQPJOU "NCVMBUPSZ 4VSHFSZ $FOUFS t .JE"NFSJDB 4VSHFSZ *OTUJUVUF t 0WFSMBOE 1BSL 4VSHFSZ $FOUFS t 4VSHJDFOUFS PG +PIOTPO $PVOUZ t 4VSHJDFOUFS PG ,BOTBT $JUZ

KBA incubator nears full; leasable space breaks even by david twiddy | staff writer

A forensic audit released in January raised serious questions about the operation of the Kansas Bioscience Authority’s business incubator in Olathe. In particular, BKD LLP auditors noted that the 12,000 square feet set aside to house life science startups was mostly empty and that the space could post annual losses for years. Nine months later, the KBA’s Venture Accelerator, which opened in June 2011, is about 85 percent filled, and the leasable space is breaking even. The biggest gain came in the summer when animal vaccine developer Ceva Biomune signed a lease for nearly 6,000 square feet of office and lab space for 30 workers. The move is temporary as Ceva expands its research and development facility in Lenexa and plans to move back in a year. Altogether, 10 companies employing 48 call the Venture Accelerator home. KBA interim CEO David Vranicar said he understands the auditors’ skepticism. He said they were using outdated business plans that expected $200,000 annual deficits until June 2016. He said the actual performance shows that the KBA has been a good steward and successful in signing up tenants for the $14.1 million facility, which also houses the statefunded authority’s headquarters. “I feel more confident that there is a

need for this kind of space in our bioscience world in Kansas,� he said. “I think the fact that we’ve been able to attract the number of tenants that we have in a relatively short time, in a very down economy, speaks to that.� Nick Franano, CEO of Novita Therapeutics, has been in the incubator from the beginning and already has spun off two smaller companies to take advantage of technology his firm has developed to treat cerebral aneurysms and endstage renal diseases. He said he’s been happy with the building’s management and the many people he can meet with when they visit KBA’s ofFranano fices or attend KBA-sponsored events in the building. “I’m not at all surprised that, over the course of the year, the amount of leased space has increased,� said Franano, whose company has received commitments for $900,000 in KBA grants. “It’s like any business where you open your doors, and it takes a while for people to know you’re there and be in a position to move.� The KBA was created in 2004 to oversee a $581 million pot of tax dollars set aside to help build up the state’s life sciences industry. davidtwiddy@bizjournals.com | 816-777-2204 | Twitter: @dtwiddy71

Use of trauma-informed care spreads among KC providers by david twiddy | staff writer

A new form of treatment for people with lingering childhood abuse or violent experiences is spreading among health care providers in Kansas City. Called trauma-informed care, the treatment involves caregivers — doctors, therapists or police officers — being more aware of how a person’s past neglect influences current behavior or health. Developed in the mid-1990s, traumainformed care has gained momentum in recent years as researchers have shown that tailoring treatment to accommodate past trauma leads to better outcomes for recipients and less violence and workplace stress for caregivers. “It really is about a mind shift,� said Marsha Morgan, COO of behavioral health at Truman Medical Centers, which began training its staff on trauma-informed care about a year and a half ago. “One of the things we’ve promoted as we’ve done training is to help the health care provider understand Morgan that what we see as the patient’s problem is really their solution to life experiences.� For example, obesity and drug abuse are two chronic conditions that can be influenced by trauma. By working on the underlying damage brought on by abuse, providers can have a better chance at

solving the health problem. Also, by talking with a patient about past trauma, nurses can avoid causing discomfort or anxiety — such as placing a mask over the patient’s face or closing the door to an exam room. Morgan is part of a committee pushing the lessons of trauma-informed care into the community, such as schools and law enforcement, and plans a communitywide conference in January. Valorie Carson, community planning director for the United Community Services of Johnson County, leads a similar task force on the Kansas side, primarily focusing on the court system and those working with juvenile offenders and child behavioral experts. Carson said research shows that mental health units using trauma-informed care see steady declines in assaults on staff as well as less use of restraints. “We hope that as more of these organizations implement trauma-informed care and see better outcomes, other organizations will step forward,� she said. Several local organizations working with children already use trauma-informed care and have seen big benefits. Janine Hron, CEO of Crittenton Children’s Center, noted that dealing with trauma earlier in life would avoid costly therapy and job-related problems later. “It’s much more practical and more productive to focus on it now,� she said. davidtwiddy@bizjournals.com | 816-777-2204 | Twitter: @dtwiddy71


KANSAS CITY BUSINESS JOURNAL |

SEPTEMBER 21-27, 2012

5

kansascitybusinessjournal.com

KCATA plans to transfer fleet from diesel to natural gas BY DAVID TWIDDY | STAFF WRITER

The Kansas City Area Transportation Authority is betting a switch from diesel to natural gas to power its buses will deliver big fuel savings and less pollution. The KCATA this summer signed off on a plan to replace all 269 buses during the next 15 years with vehicles powered by compressed natural gas, or CNG. The plan got a boost Sept. 14 when the authority received a $1.4 million U.S. Department of Transportation grant to buy its first four CNG buses, which should hit the streets early next year. Diesel fuel sells for roughly $3.30 a gallon, compared with $1.50 for the equiv-

alent amount of CNG. A TranSystems Corp. study estimated that a switch to CNG would save at least $4.6 million a year by the time the fleet is completely replaced in 2027. CNG also burns cleaner than diesel, generating far fewer greenhouse gases and other emissions. “It’s the right thing to do for the environment, and if we can achieve some efficiency in the process, as well, it’s really a win-win,” General Manager Mark Huffer said. It won’t be cheap. The TranSystems

study indicated that the KCATA will pay an additional $13.5 million for the CNG buses, which cost about $50,000 more. The authority also must spend an estimated $5.2 million to retrofit its center at 18th Street and Forest Avenue to accommodate a new CNG fueling station. Passenger rates shouldn’t be affected, Huffer said, and most of the cost can be covered by regular financing, as well as potential grants targeting air quality and clean fuels. “With that return KCATA PHOTO

on investment, this is going to help lower our operating costs to help prevent or minimize fare increases,” he said. TranSystems estimated the change could pay for itself in 10 to 12 years. The Kansas City government has 320 CNG vehicles, including all 35 shuttle buses at Kansas City International Airport. Fleet Manager Sam Swearngin said the city saved more than $1 million on fuel in the most recent fiscal year and has focused its CNG efforts on heavyduty trucks and equipment. “That’s where the big cost savings are at,” Swearngin said. davidtwiddy@bizjournals.com | 816-777-2204 | Twitter: @dtwiddy71

Palmer Square Capital hedges no bets with latest partnership BY JAMES DORNBROOK | STAFF WRITER

Leawood-based Palmer Square Capital Management LLC formed a new partnership on Sept. 17, agreeing to inject assets into Geneva Arbitrage Fund LP in exchange for a significant minority ownership stake. The partnership is Palmer Square’s fourth in the past 18 months, all part of its offerings in its Emerging Managers Fund. Geneva now joins offerings from Cypress Capital Management, Millstreet Capital Management and LNG Capital; all employ different hedge fund strategies. Palmer Square declined to share the size of the investment it will make, but

past investments in the other offerings ever, the stock doesn’t always reach that started at $30 million. Atlantic Asset price because the deal could fall apart, Management LLC is also a partner in sending the price tumbling to its original the deal and will send assets to Geneva. position. Geneva mitigates this threat by Palmer Square has $575 million in as- taking a short position (betting the price sets under management, growing from will drop) in the acquiring company. “Given the levels of cash on corporate $13 million in 2009, when Montage Investments acquired a 60 percent owner- balance sheets and the need to support growth to push stock valship stake. Montage Investments, owned uations, we think mergers by Leawood-based Mariner Holdings are going to be the avenue LLC, has $11 billion in AUM. that many CEOs choose,” Geneva will create opportunities to inPalmer President Christovest in companies planning mergers and pher Long said. acquisitions. Typically, when a company Gary Henson, president announces a buyout offer for a publicly B:9.75” and chief investment offitraded company, a premium is paid in cer of Montage, said Gerelation to the current stock price. HowT:9.75” Long

neva never has lost money in a calendar year since it was founded in 2004. “They just don’t have the distribution ability and people to hit the street telling the story,” he said. Ryan Poage, president of Kansas Citybased Ryan Poage & Co., said the trick to successful merger arbitrage is to focus on deals that look the most promising to be completed. Typically, the stock price will be discounted more early on and slowly rise to the offer price as the deal gets closer to being completed. “The overall risk is typically less than the market, but so is the return,” he said. jdornbrook@bizjournals.com | 816-777-2215 | Twitter: @Dornz

S:9.75”

In business,

Relationship managers invested in your success In-depth knowledge and experience in your industry Change can be good. But getting the right business bank on board is even better.

We ask, listen and solve. © 2012 COMMERCE BANCSHARES, INC.

commercebank.com / 816.234.2658

T:6.75”

Access to local decision makers

B:6.75”

can be good.

You experience change every day. You anticipate it, and you plan for it. But if you want the perspective of a bank that’s been helping business adapt to change for more than 147 years, call Commerce Bank. We offer:

S:6.75”

CHANGE

Staying ahead of it is even better.


6 | kansas city business journal SEPTEMBER 21-27, 2012 kansascitybusinessjournal.com

Law firm Case & Roberts moves to Crown Center space By Steve Vockrodt | Staff Writer

Case & Roberts PC is moving to Crown Center to solve an office space problem, but the solution may not work for long. Good thing the firm has an option. The 11-lawyer law firm, which started 11 years ago with a single lawyer, has outgrown its space on the ninth floor of 2300 Main St. near Union Station. Next month, the firm will move its 25 total employees to the third floor of 2600 Grand Blvd. in Crown Center. Founding partner Kevin Case worries that the 10,400-square-foot space might

not be enough for long. Fortunately, Case & Roberts has an option to lease the rest of the unoccupied third floor — a total of 22,000 square feet. “I’m grateful for the dilemma, but I’m going back to the drawing board,” Case said. The firm primarily handles litigation and employment matters. Many clients are retailers. The firm has had a strong year, most recently with a successful defense of jury award caps Case on statutory claims before the Missouri Supreme Court.

Nick Suarez and Mark Long, brokers with Zimmer Real Estate Services LC, represented Case & Roberts. Suarez said the firm looked primarily in the central core for its new space but considered property elsewhere, including the Country Club Plaza. The proximity to courthouses in Downtown ultimately kept the firm close to its original location. Although Case would not discuss the specifics of his firm’s lease, he said the Crown Center Redevelopment Corp. was eager for a deal. “Landlords seem very motivated, even for firms of our size to be long-term ten-

ants,” he said. It may be a small lease in the grand scheme, but it’s probably a welcome one for the Crown Center submarket. A Cassidy Turley market report indicated that Crown Center had a 20 percent vacancy rate — 23.5 percent for Class A space — in the second quarter of 2012. That compares with 15 percent during the same quarter a year ago. Much of the increase was due to the National Association of Insurance Commissioners leaving 105,000 square feet in favor of Town Pavilion. svockrodt@bizjournals.com | 816-777-2206 | Twitter: @st_vockrodt

Broker Lanning leaves CB, joins Cassidy Turley By Steve Vockrodt | Staff Writer

Every day, the Greater Kansas City Community Foundation helps people give to the causes they love through charitable funds. If you’re wondering whether you have the resources to become a philanthropist, we promise you do. It’s our job to make giving easy and rewarding, and this is the perfect time to start. Because we’re all philanthropists in our own way. Contact us at 816-842-0944 or visit us online at www.gkccf.org.

Veteran CB Richard Ellis broker and asset manager Mike Lanning left the real estate firm to join Cassidy Turley. He gave notice Sept. 17 and showed up at Cassidy Turley’s Crown Center offices the next morning to start his role leading its property management group. He fills a vacancy left by Greg Smith, who resigned June 1 because of illness. “That was a serious gap,” said Mike Mayer, managing principal of Cassidy Turley’s Kansas City office. Cassidy Turley gets a veteran of more than 25 years at CB Richard Ellis and stability in a property management practice that oversees a 9 millionsquare-foot local portfolio. Lanning joined CB Richard Ellis as a property manager but migrated to brokerage when he was assigned to help Sprint Nex- Lanning tel Corp. sell about 500 properties nationally. He later partnered with CB’s Keith Baker in brokerage. One of Lanning’s higher-profile projects was the Summit Technology Campus in Lee’s Summit. The office complex, with more than 1 million square feet, is fully leased. Lanning also becomes a member of Cassidy Turley’s executive committee in Kansas City and will assist Mayer with running the office. “I wasn’t out looking, I was content,” Lanning said. “Once presented with the opportunity ... I really thought it was a perfect fit.” Mike Klamm, managing principal of CB Richard Ellis’ Kansas City office, said a successor hasn’t been identified. “It sounds like a great fit ... and we wish him the best,” Klamm said. CB Richard Ellis had managed to wrangle a few former Cassidy Turley employees in recent years, including Gina Anderson and Brian Bacon. Cassidy Turley had experienced rapid changes in management until Mayer took the reins almost exactly a year ago. “Things have completely settled down, and we’re very excited about the future,” Mayer said. svockrodt@bizjournals.com | 816-777-2206 | Twitter: @st_vockrodt


KANSAS CITY BUSINESS JOURNAL |

SEPTEMBER 21-27, 2012 kansascitybusinessjournal.com

NKC Hospital issue: free spending, secrecy BY PAUL KOEPP | STAFF WRITER

North Kansas City has spent freely and erred on the side of secrecy as it explores selling its highly regarded hospital. The City Council voted in an open meeting June to hire Merrill Lynch as an adviser and voted in July to use Shook Hardy & Bacon LLP to defend North Kansas City Hospital’s lawsuit to block any potential sale. But it took no such public vote last December when the city retained Chicago-based law firm Sidley Austin LLP to look into whether a sale would be legal. According to records reviewed by the Kansas City Business Journal, Sidley Austin, the country’s eighth-largest law firm, sent the city a letter of engagement Dec. 2 and had billed more than $125,000 by the end of June, with five partners charging the city between $700 and $750 an hour. Despite that outlay, the City Council never voted in an open meeting to retain the firm. The four Shook partners handling the litigation bill somewhat less, between $475 and $620 an hour. North Kansas City Attorney Tom Barzee declined to comment on the selection process. Most jarring to many observers when news of the City Council’s deliberations broke in June was that nobody, not even the hospital board, knew they were taking place. The quiet hiring of Sidley Austin accomplished several objectives. It avoided the likelihood that word of a local firm’s involvement would spread, which could ruffle feathers even if the idea of selling the hospital went nowhere. The high-profile firm also gave the city a window into the national market for its prized asset as well as an accomplished partner in future negotiations. The time to maximize the cityowned hospital’s value may be now, with patient volumes declining and the threat of shrinking reimbursements increasing. Some legal experts say North Kansas City had legitimate reasons for keeping the study of its options under wraps. “If you tell people what the issues are, what the strategy is, you’re not wearing any clothing,” said Howard Wright Jr., former longtime Springfield, Mo., city attorney and now of counsel with Carnahan Evans Cantwell & Brown PC. However, Jean Maneke of The Maneke Law Group LC, an attorney for the Missouri Press Association, said there’s no exception to the state’s Sunshine Law that would have permitted the city to hire Sidley Austin last year without a public vote. The only justification would be pending Maneke or threatened litigation or getting advice from existing counsel, she said, “and neither one of those is at issue here.” Sidley Austin’s billing records offer a sketchy timeline of its work for North Kansas City, although much of the information is redacted. One of the first entries, on Dec. 6, indicates a Sidley Austin partner reviewed an “offering circular for bonds.” The lawyers spent several weeks researching legal issues and drafting memos, leading up to a 4.5-hour meet-

ing with city staff on Feb. 29 before a City Council session. In March, they discussed recommendations for the adviser role that eventually went to Merrill Lynch, a longtime Sidley Austin client. On April 27, partner Rob Verigan, who leads the legal team advising North Kansas City, had a phone call with Nick Kalm, president of Reputation Partners LLC, a Chicago-based public relations consultant working with North Kansas City. The lawyers formed a working group in May to prepare a formal presentation for the City Council. After the possibility of selling the hospital became public, the lawyers’

attention turned to reviewing public records requests and press coverage and “calls to discuss publicity and strategy,” according to the records. Because it is publicly owned, the hospital’s legal expenses in the lawsuit pending in Clay County Circuit Court are taxpayer-funded, as well. The hospital’s regular counsel, Kutak Rock LLP, has billed about $390,000 since mid-June, with partner rates between $320 and $350 an hour. Rouse Hendricks German May PC, which is helping with the litigation, has billed alFILE | KCBJ most $60,000. The future of North Kansas City Hospital remains unclear as the city weighs whether to retain or sell the hospital. pkoepp@bizjournals.com | 816-777-2211 | Twitter: @pbkkc

“When I first looked at these courses, I think I would have signed up for every single one of them.” “These courses were so relevant to our business and what we do, I wish I could send more of my people to attend them.”

Patrick McWard Mays, Maune, McWard, Inc.

© 2012, Enterprise Bank

Grow your business by stepping out of your business and into one of our timely, hard-hitting courses. Join more than 9,000 other business leaders who have attended Enterprise University. Learn more and register online at EnterpriseBank.com/eu.

7


8

| THE LIST |

| KANSAS CITY BUSINESS JOURNAL

SEPTEMBER 21-27, 2012

kansascitybusinessjournal.com

TOP AREA CHARITABLE TRUSTS AND FOUNDATIONS (RANKED BY 2011 YEAR-END, FAIR-MARKET VALUE OF ASSETS) RANK 2012 2011

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 1. 2. 3. 4. 5. 6. 7. 8. 9.

10. 12. 11. 13. 14. 15. 20. 17. 18. 16. 19. 21. 22.

TRUST/FOUNDATION

Ewing Marion Kauffman Foundation 4801 Rockhill Road, Kansas City, MO 64110 www.kauffman.org 816-932-1000

Greater Kansas City Community Foundation 1055 Broadway, Suite 130, Kansas City, MO 64105 www.gkccf.org 816-842-0944

Hall Family Foundation

P.O. Box 419580, No. 323, Kansas City, MO 64141 www.hallfamilyfoundation.org 816-274-8516

Health Care Foundation of Greater Kansas City

2700 E. 18th St., Suite 220, Kansas City, MO 64127 www.hcfgkc.org 816-241-7006

Muriel McBrien Kauffman Foundation 4801 Rockhill Road, Kansas City, MO 64110 www.mmkf.org 816-932-1219

William T. Kemper Foundation

922 Walnut St., Suite 200, Kansas City, MO 64106 816-234-2577

REACH Healthcare Foundation 6700 Antioch, Suite 200, Merriam, KS 66210 www.reachhealth.org 913-432-4196

Jewish Community Foundation of Greater Kansas City

5801 W. 115th St., Suite 104, Overland Park, KS 66211 wws.jcfkc.org 913-327-8245

Francis Family Foundation

800 W. 47th St., Suite 717, Kansas City, MO 64112 www.francisfoundation.org 816-531-0077

Sunderland Foundation

11011 Cody St., Overland Park, KS 66210 www.sunderlandfoundation.org 913-319-6195

William T. Kemper Charitable Trust 1010 Grand Blvd., Kansas City, MO 64105 www.umb.com 816-860-7000

The H&R Block Foundation

1 H&R Block Way, Kansas City, MO 64105 www.hrblockfoundation.org 816-854-4361

Sosland Foundation

4800 Main St., Suite 100, Kansas City, MO 64112 www.soslandfoundation.org 816-756-1000

Enid & Crosby Kemper Foundation 1010 Grand Blvd., Kansas City, MO 64105 816-860-7000

Richard J. Stern Foundation for the Arts 922 Walnut, Suite 200, Kansas City, MO 64106 816-234-2577

Catholic Foundation of Northeast Kansas 12615 Parallel Parkway, Kansas City, KS 66109 www.cfnek.org 913-647-0325

Wyandotte Health Foundation

755 Minnesota Ave., P.O. Box 171242, Kansas City, KS 66117 913-371-4032

The Goppert Foundation

10401 Holmes Road, Suite 222, Kansas City, MO 64131 816-942-7595

2011 FAIR MARKET VALUE OF ASSETS

2011 GIFTS, GRANTS: GRANTS & LARGEST CONTRIBUTIONS SMALLEST

$1,700,000,000

$43,000,000

$3,200,000 $1,000

$1,161,708,348

$770,000,000

$448,392,568

$235,900,000

$234,840,074

$117,300,000

$116,463,541

$103,000,000

RECIPIENT OF LARGEST GRANT

ACTIVITIES FUNDED

EXECUTIVE(S)

University of MissouriKansas City, School of Engineering

entrepreneurship & education

Interim President & CEO Benno Schmidt Jr.

$218,145,961

$8,460,305 $4

NA

arts & culture; education; health & medical research; human services; religious organizations; philanthropy & volunteerism; other services

President & CEO Deborah Wilkerson wilkerson@gkccf.org

$37,700,000

$6,666,666 NA

Children’s Mercy Hospitals and Clinics

children, youth & families; the arts; education & community development

President William Hall

$17,990,176

$553,452 $4,000

Mid-America Regional Council Community Services Corp.

healthy lifestyles; mental health; safety net health care

President/CEO Steve Roling sroling@hcfgkc.org Vice President/COO Rhonda Holman Rholman@hcfgkc.org

$47,815,000

$10,711,416

$4,200,000

$17,251,714

$4,800,000

NA NA

NA

visual & performing arts in Greater Kansas City

RE-RANKING THE LIST:

$218,145,961

Chairwoman & CEO Julia Irene Kauffman President & COO David Lady

Muriel McBrien Kauffman 2. Foundation

$47,815,000

Ewing Marion Kauffman Foundation

$43,000,000

4. Hall Family Foundation

the arts, civic improvements, education, health & human services

Interim Executive Director Beth Radtke

$250,610 $500

Qualis Health

technical assistance & training to assist eight safety-net clinics in implementation of national standards for patient-centered medical home practices

NA NA

NA

Jewish & civic causes

$1,800,000 $500

Parker B. Francis Fellowship in Pulmonary Research

pulmonary research; early childhood care & education; arts & culture

President & CEO Brenda Sharpe brenda@reachhealth.org

6.

Jewish Community Foundation of Greater KC

$17,251,714

7.

William T. Kemper Foundation

$10,711,416

Executive Director Lauren Hoopes LaurenH@JewishKC.org

8. Francis Family Foundation

$4,800,000

9. Sunderland Foundation

$4,647,287

Executive Director Jim Koeneman jim@francisfoundation.org

University of MissouriKansas City

capital for construction & renovation

President Kent Sunderland kent.sunderland@ ashgrove.com

$56,167,354

$2,592,102

$2,443,102 $2,000

Kemper Museum of Contemporary Art

arts & culture; education; community services

Managing Director Jan Leonard jan.leonard@umb.com

$2,526,300

$100,000 $100

Nelson Gallery Foundation, UMKC Foundation and PREP-KC at GKCCF

arts & culture; community development; education; health & human services

President David Miles davmiles@hrblock.com

$55,395,000

$3,553,747

NA NA

NA

civic, cultural arts, education, health, Jewish, social welfare

Executive Director Debbie Sosland-Edelman debbie@sosland.com

$47,863,102

$2,092,951

$1,660,513 $100

Kemper Museum of Contemporary Art

visual & performing arts; education; community needs

Managing Director Jan Leonard jan.leonard@umb.com

$2,153,822

$600,000 $500

Lyric Opera of Kansas City

arts organizations & arts programs only; giving limited to five-county metropolitan Kansas City area

Chairman Michael Fields

$118,859.52 $100

St. Gregory School Endowment, Marysville

parishes, Catholic education, cemeteries, religious vocations & human services

Executive Director Lesle Knop lknop@archkck.org

$1,855,000 $5,000

Unified Government Public Health Dept. - Radiology Collaborative for Safety Net Clinics in Wy. Co.

promote & improve the health of Wyandotte County citizens through grants & collaborative efforts

President & CEO William Epperheimer wme@wyhealthfdn.org

$37,763,000

$36,090,000

$1,366,636

$1,740,000

$1,659,000

$132,000 $5,000

Tom Goppert

NA

local medical facilities, civic projects, education

Village Shalom

grant opportunities to promote health & well-being in the Greater Kansas City area, with a priority to serve the Jewish community

Executive Director Ellen Kort ellenkort@jhf-kc.org

Vice President Autumn Markley

$35,809,728

$1,829,537

Arvin Gottlieb Charitable Trust & Foundation

$32,881,851

$2,123,000

$500,000 $2,500

Village Shalom

visual & performing arts; postsecondary education, health care, community services

Managing Director Jan Leonard jan.leonard@umb.com

$30,755,976

$1,315,000

$100,000 $2,000

Jewish Federation of Greater Kansas City

arts outreach education, alternative education, health & social services; giving limited to five-county metropolitan Kansas City area

Program Officer Beth Radtke

$23,646,643

$1,306,630

$886,834 $250

Kemper Museum of Contemporary Art

arts & culture; education; community services

Managing Director Jan Leonard jan.leonard@umb.com

Oppenstein Brothers Foundation

922 Walnut St., Suite 200, Kansas City, MO 64106 816-234-2577

R.C. Kemper Charitable Trust 1010 Grand Blvd., Kansas City, MO 64105 816-860-7000

ORIGINALLY PUBLISHED SEPT. 21, 2012 | COMPILED BY JONNA LORENZ | RESEARCH DIRECTOR | jlorenz@bizjournals.com | 816-777-2213 | Twitter: @KCBizResearch Information about commemorative plaques, reprints or Web permissions can be obtained from the Kansas City Business Journal’s designated partner, Scoop ReprintSource, at 800-767-3263 or www.scoopreprintsource.com. No other company offering similar services is affiliated with the Business Journal.

REACH Healthcare Foundation

$4,200,000

11. Sosland Foundation

$3,553,747

William T. Kemper 12. Charitable Trust

$2,592,102

13. The H&R Block Foundation

$2,526,300

Richard J. Stern Foundation for the Arts

$2,153,822

14.

Arvin Gottlieb Charitable 15. Trust & Foundation

$2,123,000

16.

Enid & Crosby Kemper Foundation

$2,092,951

17.

Jewish Heritage Foundation of Greater Kansas City

$1,829,537

Wyandotte Health 18. Foundation

$1,740,000

19. The Goppert Foundation

$1,659,000

20.

Catholic Foundation of Northeast Kansas

Oppenstein Brothers 21. Foundation R.C. Kemper Charitable Trust

$1,366,636 $1,315,000 $1,306,630

NOTES:

$2,500,000 $1,515

1010 Grand Blvd., Kansas City, MO 64105 816-860-7000

10.

22.

Jewish Heritage Foundation of Greater Kansas City

1 Ward Parkway, Suite 115, Kansas City, MO 64112 www.jhf-kc.org 816-561-0563

$37,700,000 $17,990,176

$250,000 $25,000

$41,513,047

3.

Health Care Foundation of Greater Kansas City

$4,647,287

$45,436,352

1.

5.

$86,677,000

$55,442,545

TRUST/FOUNDATION DISBURSEMENTS Greater Kansas City Community Foundation

Forest Park Forever

$1,000,000 $500

TOP AREA CHARITABLE TRUSTS AND FOUNDATIONS RANKED BY 2011 GIFTS, GRANTS & CONTRIBUTIONS.

Trusts and foundations provided information in response to questionnaires. NA = not applicable, not available or not answered.

FUTURE LISTS: SEPTEMBER 28, Staffing Services OCTOBER 5, Stock Brokerage Firms OCTOBER 12, Law Firms OCTOBER 19, Office Equipment Companies OCTOBER 26, School Districts

f rom


KANSAS CITY BUSINESS JOURNAL |

SEPTEMBER 21-27, 2012

9

kansascitybusinessjournal.com

| NEWSMAKER |

Up close: Peter deSilva

PETER DESILVA

The man spearheading an effort to make Kansas City America’s “most entrepreneurial city” grew up and spent most of his professional life on the East Coast. But Peter deSilva has called Kansas City home since the culmination of a personal and corporate relationship with the Kemper family at UMB Bank, of which he used to be a client, in 2004. That’s when he became COO and president of UMB Financial Corp. He is active with the Greater Kansas City Chamber of Commerce, where he leads an entrepreneurship initiative at the heart of collaboration discussions with partners, including the University of Missouri-Kansas City and the Ewing Marion Kauffman Foundation. He’s also trying to shake up the capital community with get-togethers that have local investors meeting one another for the first time. On entrepreneurs and financial services: Entrepreneurs aren’t naturally businesspeople. We assume that they are. They’re not. They’re idea people. They’re people who can take an idea, turn that idea into a concept and turn that concept into a business. But what we learned is that they need a lot of support in running that business. ... How do you build a budget? How do you build a marketing program? How do you build an operational infrastructure as the company grows? And so, I was always interested in trying to help individuals prepare for their financial futures, and, as I’ve learned more about corporations, generally — and then this entrepreneurship component has really intrigued me. On making Kansas City America’s most entrepreneurial city: There’s an entrepreneurial network in Kansas City, but it’s pretty fragmented, so I’m trying to connect those resources together through UMKC, the Bloch School, the Kauffman Foundation, MRI(Global), KCSourceLink. ... Another one of our objectives is to celebrate those entrepreneurs and create awareness that they’re even here. And we still talk a lot about the very successful and very important entrepreneurs of yesterday in Kansas City, but I always challenge people to give me five names of current entrepreneurs. And more often than not, they can’t. I know we will be successful when we celebrate our entrepreneurs as heroes more than our sports figures. On a perceived shortage of local capital for startups: It’s partially true. We certainly don’t have the kind of funding that Silicon Valley has or Boston has. ... We don’t need to be Silicon Valley or Austin or Boston to be successful. There is ample capital in Kansas City to support emerging and growing businesses, however — two problems. One, the people who have the capital don’t work collaboratively, and we don’t leverage those resources. ... We work in isolation from each other, and we don’t pool our collective financial resources in the community. On connecting investors: We don’t talk to each other. I had these dealmaker dinners a few months back where I brought together 40 people who we know from public information in-

vest in early-stage startups right here in Kansas City. The first thing I asked the group when we got together for dinner was if anyone in the room knows everybody else, you go ahead and introduce them, and I’ll just stand back. No one raised their hand. If anyone in the room knows half of the people in this room, you go ahead and introduce them, and I’ll step back. My point is our funding network is not connected. It’s disaggregated, it’s fragmented, whatever word you want to use. ... There’s no database of opportunities for funders, there’s no collaboration in pooling our resources, and there’s really not a lot of communication. Those are the things we have to solve. On what he would do if he won the lottery: If I had unlimited resources, I would do something in not-for-profit around education. I think education is the most valuable thing we leave for our children and grandchildren. And those that have it succeed at a higher level than those that don’t. I think it’s a shame that our country hasn’t figured out the educational model. So, if I had a lot of money and nothing to do, I’d probably spend a lot of time trying to solve the educational problem right now. If I had a lot of money and I was going to start a business right now, I would start it in the health care space. It’s 18 percent of the U.S. economy. I’ve learned a lot with the business we’ve started here at UMB. I think there’s a tremendous, tremendous opportunity to simplify and streamline. The payments, the settlement, the financial elements around health care are very complicated. Have you ever been sick and gotten a bill from your doctor, and you can’t quite figure out what the insurance

Titles: President and COO, UMB Financial Corp.; president of UMB Bank; chairman, UMB Fund Services Inc. Started: 2004 Job history: 16 years with Fidelity Investments in Boston, including time as senior vice president for Fidelity Brokerage Co., senior VP of Fidelity’s customer services group, plus general manager of a customer contact center in Merrimack, N.H. Education: Bachelor’s in management, University of Massachusetts in North Dartmouth; MBA coursework at the University of Massachusetts in North Dartmouth, and what is now Bryant University in Rhode Island

DAVE KAUP | KCBJ

company’s paying, what you’re supposed to pay and how that’s supposed to work? There are tremendous efficiencies in automation that could be brought to the health care payments business. And I for one, as an entrepreneur, wouldn’t want to ignore 18 percent of the U.S. economy. How do you spend your free time? Do you have some stamp-collecting hobby we don’t know about?

I have a coin collection, but that doesn’t take a lot of my time. I love to spend time with my family on Cape Cod. We have a house on Cape Cod, and it’s just my respite. It’s my place to go to recover from the challenges of the day. When I am there with my wife, two daughters and two dogs and one turtle, it just revitalizes me. It gives me time to think, to relax, to plot the next part of my life. It’s just a place where we go as a family to recover, recuperate and re-energize. Alyson Raletz

PUT OUR TEAM & CAPITAL TO WORK FOR YOU $12.5 Billion in Assets COMMERCIAL BANKING (913) 261-2265 arvest.com

STRONG EXPERIENCED RELATIONSHIP-DRIVEN

Member FDIC


10 | KANSAS CITY BUSINESS JOURNAL

SEPTEMBER 21-27, 2012

ONLINE–EDITION: BREAKING–LOCAL–BUSINESS–NEWS | STORY–ARCHIVES | VIDEO | KANSAS–CITY–JOBS | CALENDAR | NETWORKING | RSS–FEEDS | E-MAIL–ALERTS | ONLINE–CLASSIFIEDS

Week on the Web Get KCBJ’s FREE DAILY NEWS UPDATES or news by industry sent to you by e-mail. Register at http://www.kansascitybusinessjournal.com/emails

Cobb: H&R Block looking good H&R Block Inc. CEO Bill Cobb said he’s pleased with the company’s position, having set records for tax preparation and Emerald Card use. Cobb cited the following highlights at the company’s Sept. 13 meeting: • H&R Block filed 25.6 million federal returns in fiscal 2012, which ended April 30. That’s up from 24.5 million last year and 23.2 million in 2010. • It controls 16.7 percent of the taxpreparation market, up from 16.4 percent last year and 15.6 percent in 2010. • The number of Emerald Cards issued during the past year hit a record 2.9 million, providing clients with access to $9.5 billion in deposits. • H&R Block’s efforts to shed noncore assets were highlighted by finalizing the RSM McGladrey sale in December. James Dornbrook

Bayer buys Teva animal health Bayer HealthCare LLC is buying the U.S. animal health business of Teva Pharmaceutical Industries Ltd. in a deal valued about $145 million. The deal, announced Sept. 14, includes a 300-employee factory in St. Joseph. Bayer’s North American animal health business is based in Shawnee

and employs about 750, with roughly 500 in the Kansas City area. Regulators must still approve the acquisition, which is expected to close next year. Teva Neuroscience Inc., a separate division of the Israeli company, is based in Kansas City but is building a new headquarters in Overland Park. David Twiddy

Vince lands $10M contract Vince & Associates Clinical Research has received a contract worth almost $10 million to research development of new medications for substance abuse. On Sept. 18, the Overland Park contract research organization announced the five-year, $9.7 million award from the National Institute on Drug Abuse, a part of the National Institutes of Health. David Twiddy

Menorah nurses OK labor deal Registered nurses at Menorah Medical Center have unanimously approved a new labor contract with the hospital. The 325 RNs represented by the National Nurses Organizing Committee and National Nurses United approved the agreement in a vote that took place the week of Sept. 10. The union said the contract elimi-

RPMSTRATEGIC

nates wage caps on most experienced nurses and guarantees raises in each of the deal’s three years. Those increases are expected to help attract more experienced nurses. The contract also gives nurses greater input about patient care and staffing levels. David Twiddy

TRY OUR QR CODES We have launched mobile applications for Android, BlackBerry and iPhone, and the iPad app is coming soon. Just text “KCBJ” to 24587 to view the latest news, news by industry and coming local business events. Existing subscribers now can access premium content on mobile devices.

KC home building plods along Area homebuilders pulled slightly fewer single-family permits in August compared with July, but home-building activity still is better than a year ago. The Home Builders Association of Greater Kansas City reported 260 permits in August, down from 288 in July. That compares with 205 single-family permits issued in August 2011. The results align with overall housing trends in 2012, which indicate that new residential building continues to recover from the doldrums of the recession. Steve Vockrodt

With your Android, BlackBerry or iPhone, text “SCANNER” to 41411 to download and install the Scanlutions scanner software. Use the scanner on the QR code at right to sign up for our free, daily e-mail updates from kansascitybusinessjournal.com

Garmin buys Swedish outfit Olathe-based Garmin Ltd. has acquired Nexus Marine AB, which makes sailing and yachting instruments. Garmin is not releasing financial terms. Nexus, based in Stockholm, will act as a wholly owned subsidiary, taking the name Garmin Stockholm AB. Autumn MorningSky

Great radio doesn’t just entertain.

TM

It motivates.

{

compelling

Our Mission Is To Cultivate

5 to 10 MILLION In New Revenue For Your Company Every Year

Skeptical? Let us show you how. Sales appointments + integrated marketing deliverables = more than just talk.

Visit us at:

www.rpmstrategic.com/solution Win. Keep. Grow.

}

+connected

Visit us online at kcur.org or follow us on facebook and twitter.


IN DEPTH

Next Week | Engineering

Commercial Real Estate

kansas city business journal |

SEPTEMBER 21-27, 2012

11

kansascitybusinessjournal.com

dave kaup | KCBJ

Beth Buchanan lives, works and shops in Downtown, including at Consentino's Market Downtown. She likes living there but often must leave for more shopping options.

Filling the cart

More residents in Downtown will bring more retail, amenities By Steve Vockrodt | Staff Writer

R

etail options were plentiful when Beth Buchanan lived in Southern Johnson County. Choices thinned when Buchanan moved to downtown Kansas City about a year ago to be closer to her workplace. She said she enjoys the vibrant urban core and the variety of amenities in close proximity, but occasionally she has to leave the Downtown Loop to find better prices when shopping. “If you’re going to have a dinner party or you will buy a ton of food, you might seek out a better deal,” Buchanan said.

Justin LaBerge, a transplant from Maine who has lived in Downtown for seven years, said he often heads to the Northland to fetch everyday staples at stores such as Target and Hy-Vee. One of his main issues with downtown retail is the lack of services that will come to him. “There’s not a lot of food delivery down here late at night,” LaBerge said. A revival of Kansas City’s Downtown has brought about $4.5 billion in investment and attracted both residents and retailers. The area appears set for another surge in residential growth, with projects in the works including The Cordish Co.’s proposed high-rise tower and redevelopment of space above the Midland Theatre and a plan to convert the Power & Light

Building into apartments. New residents will bring new demand for retail and other amenities, even as experts say the downtown population needs to grow before many retailers even will consider the area. “The rooftops drive the retail — it’s not the other way around,” said George Birt, a principal with urban housing developer Consolidated Development Partners LLC. “You’ve got a lot of food service, but you don’t have a lot of real retail. You just need more bodies.” The Downtown Council of Kansas City projects that Downtown needs to double its current 17,500 population to support SEE RETAIL | 12

Hello, neighbor: Check out a map of planned residential projects in Downtown | 13 New wave? The Cordish Co.’s proposed residential tower could trigger a new building trend | 14 Digging in: An affordable housing plan for veterans hits the front lines of the approval process | 15


12 | kansas city business journal

| in depth: Commercial real estate |

SEPTEMBER 21-27, 2012

kansascitybusinessjournal.com

RETAIL: Shopping options tops list FROM PAGE 11

DAVE KAUP | KCBJ

Beth Buchanan chats with Steve Haney, store director at Consentino's Market Downtown. The 35,000-square-foot store is a blessing, one official says.

and sustain further retail growth. Downtown Council CEO Bill Dietrich said some retailers won’t give much attention to Kansas City until Downtown’s population increases by at least several thousand. “If we can increase our downtown population by another 10,000, our conversations with those types of retailers becomes a much easier sell to them,” he said. Birt said Kansas City’s Downtown has an advantage over other cities, where residents don’t have to fight much traffic to reach suburbs for amenities they

There are fast SBA loan approvals. And not-so-fast SBA loan approvals. [ See us for the former.]

As an SBA Preferred Lender, INTRUST can secure loan approval decisions in days, not weeks or months. What’s more, as a leading SBA lender, we offer loans of all sizes – to all types of industrial, manufacturing and professional businesses. All so you can accelerate your growth plans and go from SBA to ROI, ASAP. Call Stan Ricketts at 913-385-8238 to fast-track your business. Member FDIC I ©2012 INTRUST Bank

27925_SBA_KCBusJrnl_7_25x10_1.indd 1

can’t find in the core. A 2010 survey by the Downtown Council indicated that shopping options are at the top of residents’ wish lists. About 55 percent of respondents rated shopping options as below average, with green space (50 percent) and public transportation (48 percent) following as leading items that residents found lacking. Specifically, clothing retailers, gift outlets, and home furniture and accessory stores were those Downtowners missed in the core. Between 64 and 82 percent of respondents to the survey said they hadn’t visited any of those categories in Downtown within the prior month. However, advocates insist that Downtown’s retail and service offerings have made significant strides in recent years. The 35,000-square-foot Cosentino’s Market Downtown gave residents a central general grocer that many other downtowns lack. “We were very blessed to have a Cosentino’s,” Dietrich said. “We’ve got that going, and a lot of downtowns don’t. That’s a big amenity.” John Cosentino, vice president of the family-owned company that operates the store, said crowds have increased each year since the store opened. “I think people are more comfortable shopping Downtown,” he said. “You can see the growth of the area. Starting out three years ago, it was not enough.” He wants to see more apartments in Downtown that would complement the daytime traffic that business and government employers bring to the store, though hotels to support larger conventions is higher on his priority list for Downtown. Cosentino’s scratched off one of the leading needs expressed by downtown residents in previous surveys by the Downtown Council. Another leading item that urban-core locals sought — a school within Downtown — came off that list when the tuition-free charter school Crossroads Academy of Kansas City opened on Sept. 4 to serve students from kindergarten through fifth grade. Its initial enrollment was 170 students. Denver, which Kansas City often benchmarks itself against, has three colleges in its downtown area, providing a built-in impetus for new bars, restaurants, service retailers and shops for the students and faculty who remain close to campus. Kansas City is trying to make progress on this front, as well. The Downtown Council and the Greater Kansas City Chamber of Commerce are pushing for the University of Missouri-Kansas City to establish a Downtown Arts Campus in the Crossroads Arts District. With 600 to 700 students and faculty, it would serve as a catalyst for more services Downtown. “It’s a game-changer in my mind,” Dietrich said. For now, Downtown serves JoCo transplant Beth Buchanan well. “It’s livable. It has a lot going on with entertainment and the arts scene,” she said. “There’s a lot of vibrancy Downtown.” Enough that she said she wouldn’t leave Downtown because of anything lacking in the current retail and service environment. svockrodt@bizjournals.com | 816-777-2206 | Twitter: @st_vockrodt

4/6/12 2:35 PM


9| iN depth: CoMMerCial real estate |

SEPTEMBER 21-27, 2012

kanSaS ciTy BuSinESS jouRnal |

13

kansascitybusinessjournal.com

4

29 RIVER MARKET

McGee St.

6

Ninth St.

oak St.

dOWNtOWN kANSAS CitY hOUSiNG

Grand Blvd.

eighth St.

40

35

Main St.

3

Baltimore Ave.

Seventh St.

Wyandotte St.

5

24

Walnut St.

70

Sixth St.

central St.

70

PLANNED PROJECT

ADDRESS

1. Power & light Residential Tower

13th and Walnut streets

2. Midland Theatre

1221 Baltimore ave.

3. lucas Place

7

35 11th St.

2

12th St. Broadway

13th St.

BARNEY ALLIS PLAZA

1

8

BARTLE HALL

670

40 140

Third and Wyandotte streets

125

701 Broadway

176

933 McGee St.

289

7. argyle Building

306 E. 12th St.

90

8. Power & light Building

106 W. 14th St.

200

9. River Market Housing Project

Second and Delaware streets

225

5. folgers Building 6. Pickwick Building

70 40

SOURCE: Downtown Council of kansas City

TOTAL: 1,534

SPRINT CENTER

14th St.

670

70

truman road

CHris CurrY, BraD HarBolD | kCBJ

It’s what you don’t see coming that can hurt your business...

Todd LaSala

Accounting shouldn’t be full of surprises.

How would it feel to have someone in your corner helping you manage today while looking ahead? Someone to ensure an objective perspective, and provide profitability and tax saving ideas. Let us show you how to take the blind spots out of your financials so you can focus on your business.

1201 Walnut St., Suite 2900 Kansas City, MO 64106

St. Louis Jefferson City

Building a partnership.

Our real estate attorneys have a big picture understanding of the development process few firms can match. From commercial to residential, from industrial to retail, our real estate team has helped our clients—developers, cities and

Overland Park

others—resolve challenges standing in the way. Whether your

Wichita

ambition is to develop an office building or even a Kansas City

Omaha

landmark, like Village West, Stinson has the perspective and

Washington, D.C. Phoenix

913.498.2200 I www.tppkc.com/cpa

Partner

816.691.3410 tlasala@stinson.com

Kansas City

249

323 W. Eighth St.

4. River Market West

10th St.

71

UNITS

perseverance to get deals done. Details matter.

Stinson.com The choice of a lawyer is important and should not be based solely on advertisements.


| iN depth: CoMMerCial real estate |

14 | kanSaS ciTy BuSinESS jouRnal

SEPTEMBER 21-27, 2012

kansascitybusinessjournal.com

Cordish plan may trigger wave of new building By BreNNA HAWLey | STaff WRiTER

tHe CorDisH Co.

This is an artist’s rendering of the proposed 23-story, 250-unit residential tower at 13th and Walnut streets

Consider a new day in Kansas City urban living: Waking in a modern apartment, making breakfast in a kitchen complete with granite counter tops and high-end appliances. Floorto-ceiling windows in the new building look out upon a balcony and, beyond that, a view of the Kansas City Power & Light District. It’s a scene that could dawn in 2015. That’s when The Cordish Co. hopes to open a proposed $57 million residential highrise at 13th and Walnut streets. The project comes after a wave of conversions of existing downtown buildings into condos and apartments and, if successful, could usher in a wave of new residential construction. Nick Benjamin, executive director of the Power & Light District for Cordish, said the company still is assembling a team to design the project. Building from scratch will bring advantages. “You can start from scratch and design the floors and design the units and design amenities to maximize efficiency and maximize the experience from the renter’s perspective,” Benjamin said. Downtown housing develop-

er George Birt said that redeveloping existing buildings into residences offers variety and uniqueness, but at the expense of efficiency. “Those buildings, you get what you get with the layout, and you kind of make it work, and it’s not always the most efficient of configurations,” he said. New buildings offer the chance to design floor plans that use less space and are more consistent, said Birt, whose Conover Place project was the first new residential development in the River Market area. But new construction costs more, he said, and it will be the next wave in downtown residential development if developers can get rents high enough to cover costs, even with incentives. One way to do this is to market to higher-income tenants willing to pay for location as well as space. “Cordish’s tower will set a new benchmark for rent Downtown,” Birt said, setting the stage for future in-fill projects. Benjamin said rents for Cordish’s new 23-story building probably will range from $950 to $2,500 a month. That’s in line with other highend units in Downtown, said Carolyn Prince, senior rental counselor with Apartment

Search by Cort. Rents are comparable to the 909 Walnut buildings, a renovation of an older building with higher-end finishes, she said. The new Cordish tower is one of four in the original plans for the Power & Light District. Benjamin said high demand for the first building could bring work on the others, planned along Truman Road. In all, the company could offer 1,000 units in Downtown. The first tower is incorporated into the existing Power & Light District. Its fourth-floor green space will connect to The Jones pool and its bar. The building will be next to Cosentino’s Market Downtown — the area’s only grocery store — and the district’s KC Live! section. “From the very beginning of our engagement in the Power & Light District, we also saw a significant residential component as being a critical component of the final project,” Benjamin said. “What we’ve done is create a 24/7 environment where there are a variety of options to eat, shop, get groceries, go out on weekends. That kind of variety is designed to support a residential lifestyle, as well.” bhawley@bizjournals.com | 816-777-2207 | twitter: @bhawley

THE Builders’ Association is . . . • THE place to find bid opportunities Go to www.buildersepr.com for a free demo • THE place for help managing jobsite risk Call Safety & Health at (816) 595-4158 • THE place to upgrade your construction team’s skills Call Education & Training at (816) 471-0880

www.buildersassociation.com

The Builders’ ASSOCIATION

You have a choice. Choose United.

816-761-5262 • Preventive Maintenance Programs • 24-Hour Emergency Services/Repairs • Sewer and Drain Line Cleaning • Backflow Prevention Testing and Repair • Jetting and Camera Inspection • Equipment Assessments and Replacement • Thermal Imaging and Vibration Analysis

www.unitedheating.com

Building Our Community One Loan at a time CommerCial loans

small Business loans

From financing inventory to covering the cost of an anticipated acquisition, we offer competitive rates and quality service.

Our experienced lenders can assist you with financing new equipment or your next building purchase.

real estate loans

mortgage & Personal loan serviCes

We specialize in flexible financing of commercial real estate transactions including development or acquisition.

Worry-free home buying or refinancing—we also offer competitive rates for auto loans, home improvement and more.

Let our experienced staff help. Contact us today www.valleyviewbank.com | (913) 652-4848 Member FDIC | A member of the BancAbility Network


| iN depth: CoMMerCial real estate |

SEPTEMBER 21-27, 2012

kanSaS ciTy BuSinESS jouRnal |

15

kansascitybusinessjournal.com

Plan for veteran housing, services starts approval process By Steve vockrodt | STaff WRiTER

This is a proposed site plan for permanent and transitional OUTDOOR RECREATION AREA supportive housing for FIRE LANE/ RECREATION AREA ACCESS veterans in Kansas City.

APARTMENT HOUSING

TERRACED COURTYARD

APARTMENT HOUSING

SUPPORT SERVICES ARRIVAL PLAZA

lvd II B

svockrodt@bizjournals.com | 816-777-2206 | twitter: @st_vockrodt

SSUPPORT SERVICES PARKING ((74 SPACES) FUTURE EXPANSION

ver lea

‘the Need is ahead of our ability to produce.’

APARTMENT HOUSING

el C nu ma SE

Long-awaited plans for military veteran housing and services in Kansas City are making their way through the municipal approval process. The Seven Oaks Urban Renewal Plan made it onto the Kansas City Council’s docket the week of Sept. 10, after getting initial approval by the Land Clearance for Redevelopment Authority. The plan includes the St. Michael’s Veterans Center, which would provide housing to low-income military veterans. The $35 million plan would go up on 24 acres of mostly vacant ground at Emanuel Cleaver II Boulevard and Leeds Trafficway, in the vicinity of the Kansas City Veterans Affairs Medical Center. The project is a joint venture between Catholic Charities of Kansas City-St. Joseph Inc. and Yarco Cos. The campus is expected to have 200 residential units when fully built out. But that still will fall short of providing a comprehensive solution for the housing needs of the estimated 1,800 impoverished veterans living in the Kansas City area. “The need is ahead of our ability to produce,” Yarco Chairman Cliff Cohn said. Although lowcost residential units are the primary feature of the development, the St. Michael’s Cencliff Veterans ter expects to add cohn buildings and supchairman, port for veterans Yarco Cos. service providers, such as job training, education, health care and other social services. “The need is permanent housing, the anchor is permanent housing,” Catholic Charities CEO Mike Halterman said. “The services make it a one-stop shop.” The development is slated for the former grounds of the Holy Temple apartments, a 198-unit assisted-living project constructed in the 1960s by the federal government but razed in the 1990s. The property has been held by the Housing and Economic Development Financial Corp., which soon may exit operation by a federal receiver. The Economic Development Corp. of Kansas City accepted competitive bids in 2011 to redevelop the site. Joe Egan, director of the Land Clearance for Redevelopment Authority, said officials are finalizing platting approval for the Seven Oaks project before seeking public assistance. Missouri Low Income Housing Tax Credits are a strong possibility, and the project’s partners expect to request Chapter 99 abatements, which are for municipal housing projects. Cohn said he hopes to begin construction on the project before the end of the year.

eet 37th Str

DROP -OFF/ HANDICAP PARKING STORMWATER BMP

OPEN SPACE

PUTTING YOU FIRST HAS PUT US IN THE TOP 20. We may have been named one of the best banks in America by Forbes, but we haven’t forgotten how we got there – by dedicating ourselves to our customers and their businesses. Whether your business started on a napkin or in a boardroom, the First National Bank commitment extends to every department and every financial solution we offer, no matter what your business goals are. So when you’re ready for one of the best banking experiences in America, stop into one of our convenient branches or visit us online at fnbk.com. 913.266.9090 | Member FDIC First National Bank is a Preferred SBA Lender.

CHECKING | SAVINGS COMMERCIAL REAL ESTATE LOANS | SMALL BUSINESS WEALTH MANAGEMENT | CORPORATE BANKING First National Bank, a division of First National Bank of Omaha.


16 | kanSaS ciTy BuSinESS jouRnal

SEPTEMBER 21-27, 2012 kansascitybusinessjournal.com


GROWTH

Strategies

sePteMber 21-27, 2012

SaLeS aCaDeMY | Harvey Mackay offers tips for what to do when you get an unethical request | 19

kansas city business journal |

17

kansascitybusinessjournal.com

Make yourself a connoisseur of the cognitive

P

eople continue to clamor for the profitable revenue growth (PRG) magic bullet, a nonexistent template that shepherds them through some MBA-type model, producing fantastic financial results. With great zeal, they search far and wide for the holy short cut. Good luck with that. There is, however, a usual suspect that is foundational to PRG success. Unfortunately, this core building block is becoming a lost art. In Peter Senge’s trailblazing book “The Fifth Discipline: The Art and Practice of The Learning Organization,” he argues that BeYoND the only sustainable competitive advanCoMPetitiVe tage is an organizaaDVaNtaGe tion’s ability to learn faster than the comSean petition. Amazon. com offers this sumStormes mary: “Companies can rid themselves of the learning ‘disabilities’ that threaten productivity and success by adopting the strategies of learning organizations, ones in which new and expansive patterns of thinking are nurtured, collective aspiration is set free, and people are continually learning how to create results they truly desire.” Anything good that happens in business usually emanates from the top. Would it then surprise you to know that many business leaders don’t read? Some are even proud of

DAVE KAUP | KCBJ

Michael Hobbs, owner of WattMaster Controls LLC, holds a temperature control unit that the company makes for industrial companies, large hotels and other high-end, nonresidential clients.

Climate control

WattMaster Controls thrives on innovation, service

see STORMES | 18

NetworKiNG oPPortUNitieS Wednesday, Sept. 26, 8 a.m.-4 p.m. the kansas small business Development center at johnson county community college is having a seminar called “starting a business: small business basics in a Day” (crn 90255). cost is $59. call 913-469-2323 to register, or visit www. jccc.edu/ksbdc. Wednesday, Sept. 26, 7 p.m. rockhurst university’s Helzberg school of Management is having barnett Helzberg jr., former ceo of Helzberg Diamonds, speak about his new book, “entrepreneurs + Mentors = success” at Greenlease library, 54th street and troost avenue. admission is free, but an rsVP is requested to helzbergschool@rockhurst.edu. Thursday, Sept. 27, 11 a.m.-1 p.m. enterprise center of johnson county, 8527 bluejacket st., lenexa, is having an advanced workshop on twitter. the cost is $25, including a boxed lunch. register online at www.ecjc.com. contact jayne Vehlewald at 913-438-2282 or jvehlewald@ecjc.com for more information. See a complete calendar on Page 21.

BY JAMES DORNBROOK | staFF Writer

I

nnovation helped WattMaster Controls LLC get started in the earliest days of heating, ventilation and air-conditioning systems, and it remains a driving force for the Parkville company today. WattMaster was founded by HVAC pioneer Frank Dean Jr., who developed cost-effective ways to deliver central air conditioning to existing hotels and office buildings soon after the end of World War II. Through the years, he constantly worked to improve his system. According to the American Society of Heating, Refrigerating and Air Conditioning, Dean was the first to use computers to determine HVAC loads and air quantities. He installed the first computer-designed system in the Kansas City Board of Trade Building in 1966, and it’s still in use today. Dean’s work eventually evolved into electronic controls and remote electronic monitoring, which led him to found WattMaster Controls in 1977 to com-

wattMaSter CoNtroLS LLC

Description: Maker of electronic controls and remote monitoring for HVac systems Owner: Michael Hobbs Revenue: about $12 million Founded: 1977 Employees: 50 Headquarters: 8500 n.W. river Park Drive, suite 108a, Parkville, Mo 64152 Telephone: 816-505-1100 Internet: www.wattmaster.com plement the HVAC equipment line produced by WattMaster’s parent company, Tempmaster Industries Corp. Tempmaster was sold to York Industrial Corp. in 1988. York sold WattMaster to an employee, Michael Hobbs, in 1992. “Our business is split right now between the control of the equipment and the control of the space conditions,” Hobbs said. “Those two things come together in the field. It’s a business model that is a bit different than others in the type of business we’re in. Typically, you either build for the manufacturer, or you

build for the building.” WattMaster HVAC controls give customers a menu-driven system that allows them to configure a wide variety of HVAC components to operate in the most efficient manner possible, said Vinny Stanec, vice president of AC Systems Inc., based in Maryland Heights, Mo. WattMaster offers a midrange product with distinct advantages, he said. It’s simple to use and easy to install. It’s also flexible, so it’s a good choice for systems that face unique challenges. “It’s always easier for us to control the quality of the job when we’re able to use WattMaster,” Stanec said. “They’re also nice from the standpoint that it doesn’t matter how old your equipment is, they’ll still give you support. I often hear stories of other manufacturers, where after five years their stuff is out of date, and you need to rip it out and replace it because the controller can’t talk to it anymore. But I’ve never had that happen with WattMaster. I’ve got systems that are 20 see WATTMASTER | 18


| Growth Strategies | SEPTEMBER 21-27, 2012

18 | kansas city business journal

kansascitybusinessjournal.com

WATTMASTER: Systems, service make it easy for clients FROM PAGE 17

years old that are still working.” Hobbs said he doesn’t obsolete any WattMaster system without a lot of effort to provide a drop-in replacement. It’s why WattMaster systems are a preferred choice for many retrofits. The systems save a lot of money because they don’t require ripping out walls and ceilings to gut the HVAC system, shutting down huge areas of a building. Instead, WattMaster designs and sells control boxes that work with existing electronics that run the dampers, sensors and other devices in each room. All that needs to be done is to pull out the old controls and replace them with new WattMaster controls. Most of WattMaster’s 50 employees are engineers, which gives the company the flexibility to design controls and upgrades for virtually any HVAC system. The company has been beefing up its capabilities, hiring five new engineers since 2005. It added about 15,000 square feet to its facility, giving it 45,000 square feet in the Parkville Commercial Underground near Park University.

Hobbs said WattMaster also attracts lots of new business because of its flexible service. Other control systems may require complex custom programming, unique to a particular building. That can lock in a customer to using a particular service provider. But WattMaster systems are much simpler to use, preprogrammed at WattMaster to communicate with existing HVAC sensors and equipment and easy for virtually any provider to install and get operational. That allows a building owner to choose virtually any service provider. Joe Guckian, owner of Guckian Energy Systems, said that as control systems grow ever more complicated, WattMaster sets itself apart with simplicity. “WattMaster can do everything other companies can do, just in a lot simpler way. It makes them very easy to work on,” said Guckian, whose company is based in Pittsford, N.Y. Brian Morgan, owner of Kansas Citybased OEM Services LLC, said the secret to that simplicity is that WattMaster’s platform can work with the systems of many manufacturers. His analogy: Windows doesn’t produce IBM computers; it just makes them easier to use.

STORMES: Learning leads to growth FROM PAGE 17

it, claiming lack of time, higher priorities or disinterest as reasons for cultivating ignorance. And the minority who do read either gravitate toward popular or “fun” works because exposure to anything opposed to their belief system creates discomfort, which, of course, is exactly what’s needed to cause new actions, disrupt industries and win big. As Malcolm Gladwell wrote in “Outliers: The Story of Success,” talent by itself does not deliver triumph. High achievement requires great study and practice, articulated in his “Rule of 10,000 Hours.” Sadly, if senior leadership doesn’t read, you can bet the rest of the company doesn’t, either. In business and especially in sales, transforming into a connoisseur of the cognitive allows you to: Develop. Nothing in life is static. You either make progress or fall behind. “Status quo” correlates directly to “obituary,” so embrace curiosity, and explore new horizons. Dr. W. Edwards Deming

was fond of saying, “Learn something new; anything will do.” The master understood that constant learning caused people to mature and thrive, rendering a competitive edge. Receive. As the mind expands, it processes and reasons at an accelerated rate, and both are crucial skills in today’s supersonic business environment. Unfortunately, the ability and expectation to consider new hypotheses are rare in today’s sales world of “What have you done for me lately?” Also, receivers are teachable, another rare characteristic company leadership should crave in employees. Design. Companies don’t need more old-school industry retreads, cold calling or the playing of ridiculous numbers games. They desperately need an influx of value architects — radical thinkers who envision new possibilities — reimagining, re-engineering and advancing conventional “back to basics” thinking. Innovation is no longer a luxury for the progressive few. It is required for the

“I think one of the things they don’t tout enough is their core software,” Morgan said. “Their software engineer, Po Lee, wrote a core software language that WattMaster still uses today. It’s based on early processor architecture and done within a very tight space of software. It allows them to be extremely flexible and nimble. Now they’ve added people with doctorates who think about how to compress and compile even more data.” Hobbs said customers appreciate that WattMaster doesn’t charge them for developing new equipment — it just sells them something that works. Manufacturers also love that WattMaster systems protect their equipment. “The reason manufacturers like us is because we don’t break their equipment,” Hobbs said. “We work with their engineering department to make sure it functions properly and works with their equipment the way their equipment is supposed to be handled. Then you can only make it do those things. It doesn’t matter how many commands you send, it isn’t going to damage the physical equipment.” jdornbrook@bizjournals.com | 816-777-2215 | Twitter: @Dornz

very survival of most organizations. Challenge. Studies continue showing that customers value new ideas from vendors more than anything else. “Yes” men need not show up. Authors Matthew Dixon and Brent Adamson performed an exhaustive study of thousands of salespeople in multiple industries. Their book, “The Challenger Sale,” argues that classic relationship-building is a losing approach, especially when it comes to selling large, complex B2B solutions. Of their five distinct salesperson profiles, only the “Challenger” consistently delivers high performance. Readers are far more likely to challenge because they’re smarter than their TV-addicted counterparts.

DAVE KAUP | KCBJ

Nena Javor works on circuit boards for WattMaster Controls.

ing to The Law of Attraction — like attracts like. If your dominant thoughts are stuck in 1991 or based on a daily dose of reality TV, what’s the likelihood of attracting the high-growth or high-net-worth people you covet? If you want customers to find you captivating and irresistible, augment your routine with books that defy your convictions. Be careful, though, because increased knowledge may result in a fatter wallet. Perform. Knowledge seekers tend to find ways to win because they believe, through reading, that opportunities for improvement are endless. They embody optimism. Nothing stands in their way of success because they think solutions are just waiting to be discovered. Readers flourish because they never give up. Final note: How can these seven attributes be used when hiring?

Share. Whether or not you believe it, we live in a world where compelling content drives interesting and compelling platform, and resonant platform drives qualified sales opportunity. You can’t write convincing content or become an effective public speaker without hitting the books.

Peek through The Keyhole: To see Sean’s top 10 books on achieving PRG and to receive the nationally recognized Third Door newsletter, please register at www.therevenution.com.

Attract. Standing out from the competitive herd can be achieved by adher-

Sean Stormes | www.therevenution.com Stormes is a speaker, author and president of The Third Door.

.70 .90 %

APY*

Limited Edition Money Market

%

APY*

$5,000 - $99,999.99

$100,000 - $199,999.99

Call 913-905-2100 or 816-407-0300 to open an account today. Overland Park

n

Excelsior Springs

n

Leawood

n

Lee’s Summit

n

Liberty

n

Platte City

n

www.bankofkc.com

*APY= Annual Percentage Yield. $2,500 minimum deposit to open a Money Market Account. Deposits below $5,000 have an APY of .15%. Deposits $200,000 and higher have an APY of .60%. Rates are effective as of the date of publication and are subject to change. National Bank Of Kansas City Money Market accounts have a limit of six pre-authorized withdrawals per month. Fee is $10 per withdrawal after your first six. Unlimited lobby and ATM withdrawals available. Fees may reduce earnings on the account.


sePteMber 21-27, 2012

| Growth StrateGieS |

kansas city business journal |

19

kansascitybusinessjournal.com

| SaLeS aCaDeMY |

Integrity always plays a vital role in personal, company success

A

father who had been laid off from his job had been watching expenses closely for months. But he’d made a promise to his two sons — twins — that he’d take them to a nearby amusement park to celebrate their 10th birthday. When the day came, the father withdrew money from his savings and took his two sons on the bus to the amusement park. The sign there read: “General admission: (ages 10 and up) $10. Children under 10: $5.” If he’d come a day earlier, the father realized, he could have saved $10 – $5 for each of his twin sons. But with a sigh he led the boys up to the ticket window and said, “Three general admission tickets, please.” The woman in the booth looked them over and smiled. “How old are you boys?” she said. “I’m 10 years old today,” one son said. “So am I,” the other said. “We’re twins!” The woman leaned forward. “You know,” she whispered, “you could have asked for two ‘Under 10’ tickets, and I never would have known.” “Yeah,” said the father, “but they would have.” Why do so many executives and employees apparently go along with blatantly unethical and illegal SwiM with conduct? The answer the SharKS may be that people don’t always know what to do when conHarvey fronted with such reMackay quests or demands. But that’s not a good enough answer. Organizations must be completely clear and specific about what’s acceptable and what’s expected. Here are some ideas on how to respond when someone asks you to do something unethical: • Explain your concern. Tell the person how you feel. Use “I” statements that describe your position without attacking the person: “I have some reservations about that plan because ...” • Offer an alternative. Chances are, there’s an honest way to accomplish the same goal or a similar one. Concentrate on that, emphasizing your common interests: “We both want to make more money on this product, and I think we can do it better by cutting some less-important features than by using cheaper materials.” • Go upstairs if necessary. This should be a last resort, but if the other person insists on behaving unethically, you’ll have to protect the company — and yourself — by discussing the matter with a trusted superior. Careful hiring can often help avoid problems from the outset. I have found a very reliable method that we use at MackayMitchell Envelope Co. to supplement our usual background screening process called the Merchants Integrity Test, developed by Merchants Information Solutions. This test will speed up the hiring process and keep you in EEOC compliance without reducing the scope of your review. It is a self-admitting “overt” test that

has been validated and adheres to non-discriminatory standards required by the EEOC. In fact, the EEOC website identifies integrity testing as an acceptable pre-employment screening tool, especially effective in identifying applicants with a propensity to commit employee theft. The Merchants Integrity Test is proved to identify applicants who are engaged in employee theft, have a high level of hostility that can spill over into workplace violence, abuse drugs and alcohol, and engage in other high-risk behavior. Honesty is always the best policy. You must be able to trust the people

you work with. The king visited his dungeon once a year to talk to prisoners. Every year, each inmate insisted that he or she was the picture of innocence: They’d all been framed or treated unfairly at trial or been victims of circumstance or otherwise were completely free of all guilt. Not one had a dishonest bone in their body. One year, the skeptical king asked the newest prisoner, “I suppose you’re as innocent as a lamb, too?” This man shook his head sadly: “No, Your Majesty. I’m a thief. I was caught fair and square. My sentence was just.”

The king blinked in surprise. “Release this man!” he proclaimed, and the thief was promptly set free. The other prisoners began shouting. “How can you free a confessed criminal while we rot in here?” “I’m doing you a favor,” the king said. “I can’t risk leaving that evil scoundrel in here to corrupt all your innocent souls, could I?” Mackay’s Moral: Corporate integrity begins with personal integrity. Harvey Mackay | harvey@mackay.com. Mackay is a best-selling author.


20 | kansas city business journal

B:9.75"

| Growth T:9.75" Strategies | SEPTEMBER 21-27, 2012 kansascitybusinessjournal.com S:8.75"

your supporters' purchases will generate new revenue streams. It's like a fundraiser that you never have to attend. Get started by calling Jennifer Russell at 888.318.1993 or visiting cardpartner.com/fundraising.

T:13.6"

S:12.6"

With CardPartner from UMB,


Business Leads

kansas city business journal |

SEPTEMBER 21-27, 2012

21

kansascitybusinessjournal.com

your

i n d i spe n sAb l e

Calendar Wednesday, Sept. 26, 8 a.m.-4 p.m. The Kansas Small Business Development Center at Johnson County Community College is having a seminar called “Starting a Business: Small Business Basics in a Day” (CRN 90255). Cost is $59. Call 913-469-2323 to register, or visit www.jccc.edu/ksbdc. Wednesday, Sept. 26, 9 a.m.-noon. The Kansas Small Business Development Center at Johnson County Community College is having a seminar called “QuickBooks Intermediate” (CRN 90256). Cost is $79. Call 913-469-2323 to register, or visit www.jccc.edu/ksbdc. Wednesday, Sept. 26, 11:45 a.m.-1 p.m. Central Exchange Downtown, 1020 Central St., is presenting its CEO Series with Terry Bassham, president & CEO of Great Plains Energy and KCP&L. He will shed light on 21st century leadership in the changing world of work at electric utilities. It is free for members and $40 for nonmembers, including lunch. Reservations and prepayment required. Visit www.centralexchange.org for reservations. For more information, call 816-471-7560. Wednesday, Sept. 26, 1 p.m.-3 p.m. The Kansas Small Business Development Center at Johnson County Community College is having a seminar called “QuickBooks Payroll” (CRN 90257). Cost is $59. Call 913-469-2323 to register, or visit www. jccc.edu/ksbdc. Wednesday, Sept. 26, 7 p.m. Rockhurst University’s Helzberg School of Management is having Barnett Helzberg Jr., former CEO of Helzberg Diamonds, speak about his new book, “Entrepreneurs + Mentors = Success” at Greenlease Library, 54th Street ant Troost Avenue. Admission is free, but an RSVP is requested to helzbergschool@ rockhurst.edu. Thursday, Sept. 27, 7 a.m. The Prospectors Club is having its weekly meeting at the Overland Park Marriott, 10800 Metcalf Ave. For more information, contact Bryan Rapp at 913-441-7800, or visit www.prospectorsclub.com. Thursday, Sept. 27, 7:30 a.m.-9:30 a.m. The Kansas Small Business Development Center at Johnson County Community College is having a seminar called “Marketing for the Brick and Mortar Retail Store” (CRN 90258). Cost is $25. Call 913-469-2323 to register, or visit www.jccc.edu/ ksbdc. Thursday, Sept. 27, 8 a.m.-9:30 a.m. Central Exchange Downtown, 1020 Central St., is having a Marketing Roundtable session, providing attendees resources and support to those finding it difficult to earn more money while marketing themselves to bring in new clients. It is free for members and $30 for nonmembers, including a continental breakfast. Reservations and prepayment required. Visit www.centralexchange.org for reservations. For more information, call 816-471-7560. Thursday, Sept. 27, 11 a.m.-1 p.m. Enterprise Center of Johnson County, 8527 Bluejacket St., Lenexa, is having an advanced workshop on Twitter. The cost is $25, including a boxed lunch. Register online at www.ecjc.com. Contact Jayne Vehlewald at 913-438-2282 or jvehlewald@ecjc. com for more information. Thursday, Sept. 27, 11:30 a.m.-1 p.m. North Kansas City Business Council is having its monthly membership luncheon at Finnegan’s Banquet Venue, 503 E. 18th Ave., North Kansas City. The featured speaker will be Bobby Bell, a Kansas City Chiefs Hall of Famer. Cost is $20 for members and $25 for guests who aren’t accompanied by a member. To reserve a spot, email jennifer@nkcbusinesscouncil.com or call 816-472-7700 before Monday, Sept. 24. Thursday, Sept. 27, noon. The Downtown Kiwanis Club is having its weekly lunch meeting at the Golden Ox, 1600 Genessee St., Kansas City. For more information, contact Ed Redhair at 816920-6800. Friday, Sept. 28, 7:15 a.m.-8:30 a.m. Plaza Rotary is having its weekly meeting at the Intercontinental Hotel Rooftop, 401 Ward Parkway, Kansas City. Ken Conklin, global head of business development for BATS Exchange, will present “BATS —The World’s Newest Securities Exchange.” Go to kcplazarotary.org for more information. Friday, Sept. 28, 8 a.m.-9:30 a.m. Central Exchange South, 6201 College Blvd., Overland Park, is having a meeting of its Referral & Resource Breakfast, fostering desired referrals for attendees while exchanging valuable business advice. It is free for members and $30 for nonmembers, including a continental breakfast. Reservations and prepayment required. Visit www.centralexchange. org for reservations. For more information, call 816-471-7560.

source

FOR

READER’S GUIDE

AND  S AL E S

COURT LISTINGS

The Business Leads is a collection of information gathered from Kansas City-area courthouses, government offices and informational Web sites. We gather these public records so you can build your business. No matter what business you are in, you can gain a competitive edge by reading the Business Leads. Find new and expanding businesses and new customers. Find out the area’s commercial and residential hot spots. Find clues about the financial condition of your vendors, customers or competitors. Listings for each category may vary from week to week because of information availability and space constraints. To buy lead information for Kansas City and more than 40 other markets, call 877-593-4157, or see bizjournals.com/leads. The information is available on disk or via e-mail and arrives earlier than the published version. Listings for each category may vary due to information availability and space constraints. * Indicates listings are not available for this week.

Bankruptcies

21

Lawsuits Filed

21

Court judgments

22

Mechanic’s Liens

22

Federal Tax Liens Filed

22

Federal Tax Liens Released

22

State Tax Liens Filed

22

State Tax Liens Released

22

PROSPECTING ENTRIES New Businesses

22

New Corporations

23

REAL ESTATE LISTINGS Sales/Leases

21

Real Estate Transactions – Commercial 24 Building Permits – Commercial

26

Building Permits – Residential

*

ON THE MOVE Featuring: Accounting, banking, financial services,

EVENT LISTINGS Calendar

b u s i n ess

health care, legal, real estate, 21

Friday, Sept. 28, noon-1:15 p.m. Central Exchange South, 6201 College Blvd., Overland Park, is presenting “The Strategic Balance of Work/ Life/Health – Putting It Into Perspective” with Lynn Fountain, former corporate executive and business entrepreneur. She will share her journey and offer tools to evaluate personal and business life priorities. It is free for members and $35 for nonmembers, including a continental breakfast. Reservations and prepayment required. Visit www. centralexchange.org for reservations. For more information, call 816-471-7560. Saturday, Sept. 29, 10 a.m.-11 a.m. UMKC Small Business and Technology Development Center is having the session “Building a Market: Branding Your Business” at Mid-Continent Public Library’s Antioch branch, 6060 N. Chestnut, Gladstone. For more information, visit www.mymcpl.org/events. Saturday, Sept. 29, 2 p.m.-3 p.m. UMKC Small Business and Technology Development Center is having the session “Business and Personal Finance” at Mid-Continent Public Library’s North Independence branch, 317 W. U.S. Highway 24. For more information, visit www.mymcpl.org/events. Monday, Oct. 1, 7 p.m.-8:15 p.m. UMKC Small Business and Technology Development Center is having the session “Lenders and Loans: The Five Cs of Financing Your Business” at Mid-Continent Public Library’s Raytown branch, 6131 Raytown Road. For more information, visit www.mymcpl. org/events. Tuesday, Oct. 2, 7:30 a.m. Blue Valley Rotary is having its weekly meeting at Blue Valley Academy, 7500 W. 149th St., Overland Park. Go to bluevalleyrotary.org for more information. Tuesday, Oct. 2, 9 a.m.-11 a.m. US. Small Business Administration and Kansas City SCORE is having National Encore Entrepreneur Day, which helps entrepreneurs who are 50 and older start and grow their businesses. The event will be at the SBA office, 1000 Walnut St., Suite 500, Kansas City. To register, call 816-426-4902. Weekly. Business Network International groups meet weekly in the Kansas City area for referral networking. Only one person per profession may join a chapter. Go to www.bnikc.com to find locations and times, as well as which chapters have room in which categories.

technology

27

SALES/LEASES

Sales/leases lists who is taking leases and who is making leases. These are gleaned from releases from commercial property managers and real estate firms. KC Strings Inc. renewed its lease of 4,000 square feet at Merriam Industrial Park, 9336 W. 53rd Terrace, Merriam. Matthew Severns of Kessinger/ Hunter & Co. negotiated the renewal. KC Tinting leased 4,320 square feet at Quivira Business Park, 11641 W. 83rd Terrace, Lenexa. Joe Accurso and Matthew Severns of Kessinger/Hunter & Co. negotiated the lease. City Electric Supply Co. leased 5,600 square feet at 19952 W. 162nd St., Olathe. Rob Holland and Pat McGannon of Kessinger/Hunter & Co. negotiated the lease. Ford Storage and Moving Co. renewed its lease of 23,800 square feet at Richland Business Center, 5141 Richland Ave., Kansas City, Kan. Michael Watson of Kessinger/Hunter & Co. negotiated the renewal. B&C Financial LLC renewed its lease of 3,844 square feet at 14221 Metcalf, Overland Park. Miles McCune of Kessinger/Hunter & Co. negotiated the renewal. Print Management renewed its lease of 2,115 square feet at Fairway North, 4330 Shawnee Mission Parkway, Fairway. Debbie Schulte of Kessinger/Hunter & Co. and Ray Sonnenberg of LaSala Sonnenberg negotiated the renewal. Roe & Epstein LLP renewed its lease of 2,620 square feet at 10 Main Center, 920 Main St., Kansas City. Sharon Gartin and Miles McCune of Kessinger/Hunter & Co. negotiated the renewal. Big Lots Inc. leased 32,000 square feet at 601 S.W. U.S. Highway 40, Blue Springs. Sher Blandford of Kessinger/Hunter & Co. and Mike Johnson of RH Johnson negotiated the lease. Flat Iron Capital Partners LLC leased 4,290 square feet at Plaza Theatre, 233 W. 47th St., Kansas City. Kathy Lapp of Kessinger/Hunter & Co. and Dan Durkin of Block Real Estate Services negotiated the lease. Tonya L. Miles leased 1,011 square feet at King III, 11011 King St., Overland Park. Debbie Schulte of Kessinger/Hunter & Co. negotiated the lease. Quest Diagnostics renewed its lease of 1,436 square feet at 4731 S. Cochise, Independence. Jim

leads

Gates of Kessinger/Hunter & Co. negotiated the renewal. Colorectal Surgery Associates PC leased 1,546 square feet at 6060 North Oak Trafficway, Gladstone. Travis Helgeson of Kessinger/Hunter & Co. and Louie Skizas of Rubenstein Real Estate Co. negotiated the lease. CL Nationwide Inc. renewed its lease of 1,430 square feet at 9290 Bond, Overland Park. Matthew Severns of Kessinger/Hunter & Co. negotiated the renewal. Thyssen Krupp Elevator Corp. renewed its lease of 13,112 square feet at 7915 Nieman, Lenexa. Joe Accurso of Kessinger/Hunter & Co. and Gene Elsas of Block Real Estate Services negotiated the renewal. Bond Schoeneck & King LLC leased 5,260 square feet at Lighton Tower, 7500 College Blvd., Overland Park. Jim Gates of Kessinger/Hunter & Co. and Jeff Kemble of NAI Capital Realty negotiated the lease. Apollo Products Inc. renewed its lease of 2,400 square feet at Colonnade Shopping Center, 17601 U.S. Highway 40, Independence. Sher Blandford and Audrey Navarro of Kessinger/Hunter & Co. negotiated the renewal. Sabah Cafe leased 1,495 square feet at Center 63 North, 6144-6146 Raytown Trafficway, Raytown. Sher Blandford and Audrey Navarro of Kessinger/ Hunter & Co. negotiated the lease. AMG Services Inc. expanded into 4,843 square feet at Executive Centre II, 10895 Lowell Ave., Overland Park. Sharon Gartin and Greg Swetnam of Kessinger/Hunter & Co. and Chad LaSala of LaSala-Sonnenberg negotiated the expansion. Country Club Bank bought 62,116 square feet at 1 Ward Parkway, Kansas City. Greg Swetnam, Sharon Gartin and Miles McCune of Kessinger/ Hunter & Co. represented the seller, and Patrick McGannon of Kessinger/Hunter & Co. represented the buyer. Federal Express Corp. renewed its lease of 92,095 square feet at 6098 Front St., Kansas City. Joseph Accurso of Kessinger/Hunter & Co. negotiated the renewal. K.L. Delany Co. LLC leased 1,200 square feet at Colonnade, 17601 E. U.S. Highway 40, Independence. Audrey Navarro and Sher Blandford of Kessinger/Hunter & Co. negotiated the lease. Mid-States Millwork leased 17,802 square feet at 9111 Cody, Overland Park. Matthew Severns and Patrick McGannon of Kessinger/Hunter & Co. and Tom Haverty and Cameron Duff of Colliers International negotiated the lease. Crawford & Co. renewed its lease of 2,923 square feet at Executive Centre I, 10881 Lowell Ave., Overland Park. Sharon Gartin of Kessinger/Hunter & Co. represented the landlord, and Jim Gates of Kessinger/Hunter & Co. represented the tenant. Spirit Marketing LLC leased 2,450 square feet at 315 Westport Road, Kansas City. Jim Gates of Kessinger/Hunter & Co. negotiated the lease. CompResults renewed its lease of 5,251 square feet at Fairway North, 4330 Shawnee Mission Parkway, Fairway. Debbie Schulte of Kessinger/ Hunter & Co. and Matt Eckert of CBRE negotiated the renewal. Arsalon Technologies LLC renewed its lease of 3,236 square feet at Executive Centre I, 10881 Lowell Ave., Overland Park. Sharon Gartin of Kessinger/Hunter & Co. negotiated the renewal.

BANKRUPTCIES

Chapter 7 of the U.S. Bankruptcy Code involves liquidation of assets; Chapter 11 provides protection from creditors while a business reorganizes; Chapter 13 covers small organizations. DISTRICT OF KANSAS KANSAS CITY DIVISION CHAPTER 11 Meadowlark Plaza LLC, 11511 S. Strand Line Road, Olathe 66062; Assets, $0 to $50,000; Debts, $100,001 to $500,000; Major Creditor, not shown; Attorney, Joel Pelofsky; case #12-22484, Sept. 11, 2012.

LAWSUITS FILED

The following are civil suits filed in the county clerk’s office against businesses and business owners for amounts greater than $10,000. Information is listed by case and case number. JOHNSON COUNTY Emery Sapp & Sons Inc. v. Midland Hotel Group LLC, case #12 CV 06926, Aug. 30, 2012.


| Business Leads |

22 | kansas city business journal

SEPTEMBER 21-27, 2012

kansascitybusinessjournal.com

Carole Kheder v. Thomas French Builder Inc./ Kansas City Master Companies Inc., case #12 CV 06962, Aug. 31, 2012. YP Advertising LP fka AT&T Advertising LP v. Bieber Engineering Technologies LLC/Air Quality Assessment Inc., case #12 CV 06975, Sept. 5, 2012. Ashley Clevenger v. Gregory Darrell/Davis Walt LLC dba Gold Gym, case #12 CV 06983, Sept. 4, 2012. Utopian Realties Inc. dba XPX Group v. JSK Computers LLC/Daylight Transport LLC/ Freightquote.com Inc., case #12 CV 06998, Sept. 4, 2012. Packaging Products Corp. LLC v. Averitt Express Inc., case #12 CV 06999, Sept. 4, 2012. Kathy Corcoran v. ACG Roofing & Restoration LLC, case #12 LA 08007, Aug. 31, 2012. Bank of Blue Valley v. Benjamin Cory Childress/Timberline Development Inc., case #12 LA 08052, Sept. 4, 2012. Shawn V. Taylor v. Country Hill Motors/Josh Buterin/America Ontime Funding, case #12 LA 08053, Sept. 5, 2012. YP Advertising LP fka AT&T Advertising LP v. Brick Doctor Inc., case #12 LA 08076, Sept. 5, 2012. Insulite Glass Co. Inc. v. C&S Business Investments Ltd., case #12 LA 08078, Sept. 5, 2012. Insulite Glass Co. Inc. v. Bradys Columbia Glass and Paint.com, case #12 LA 08079, Sept. 5, 2012. Kansas City Electric Supply Co. v. George Tucker dba Tucker Electric/Tucker Enterprises Inc., case #12 LA 08081, Sept. 5, 2012. WYANDOTTE COUNTY Leo-Anthony N. Ojini v. KVC Behavioral Healthcare Inc., case #2012 CV 001300, Aug. 31, 2012. Marlene Raney v. Kansas Entertainment LLC, premises liability, case #2012 CV 001314, Sept. 4, 2012. Ash Grove Cement Co. v. Kansas City Board of Public Utilities et al., case #2012 CV 001316, Sept. 4, 2012. Kathryn D. Davis v. Kansas City Renaissance Festival Corp., case #2012 CV 001319, Sept. 5, 2012. ABF Freight System Inc. v. Jacobe Furniture LLC, case #2012 LM 006683, Aug. 24, 2012. Cordry Appraisal Services Inc. v. Tri Part Acquisitions LLC et al., case #2012 LM 006803, Aug. 30, 2012. Jimmy Settle v. Works & Lentz Inc. et al., case #2012 LM 006902, Sept. 5, 2012. JACKSON COUNTY Richard Sutherland next friend/Connie Sutherland/Katelyn Sutherland/Megan Sutherland v. Carol Ann Ryser MD/Health Centers of America-Kansas City LLC, personal injury, case #1216 CV 22635 CC, Aug. 30, 2012. Mark Otterstein v. BNSF Railway Co., personal injury, case #1216 CV 22645 CC, Aug. 30, 2012. Robert T. Slaughter v. Bank of America NA/ Federal Home Loan Mortgage Corp., case #1216 CV 22648 CC, Aug. 30, 2012. Kathy Bowie v. Davol Inc./CR Bard Inc., wrongful death, case #1216 CV 22678 CC, Aug. 30, 2012. Ronald E. Roland v. Grandview United Methodist Church/Mary Elizabeth McDonald, personal injury, case #1216 CV 22689 CC, Aug. 30, 2012. KCP&L Greater Missouri Operations Co. v. Superior Cable & Data LLC, contract, case #1216 CV 22691 CC, Aug. 30, 2012. Jacquelyn L. Hilderbrand/David Hilderbrand v. St. Marys Medical Center/Diana L. Witty RN/ Jodie Wagner NA, personal injury, case #1216 CV 22703 CC, Aug. 31, 2012. Journey M. Slusher/Matthew Slusher v. Landers McLarty Lee’s Summit MO LLC, case #1216 CV 22783 CC, Aug. 30, 2012. Cole/DDR MT Independence LLC v. NPJ II LLC, breach of contract, case #1216 CV 22784 CC, Aug. 30, 2012. Stephen Phipps v. Kansas City University of Medicine and Biosciences/Danny Weaver, personal injury, case #1216 CV 22826 CC, Aug. 31, 2012. Autum L. Schnell v. Akcire Group Inc./Kevin L. Dotson, personal injury, case #1216 CV 22855 CC, Aug. 31, 2012. Martin D. Herriman v. La Quinta Inn of Kansas City North/Q Management LC et al., personal injury, case #1216 CV 22888 CC, Aug. 31, 2012. Fernando Corletto v. Los Angeles Community College District et al., case #1216 CV 23005 CC, Sept. 5, 2012. Janice Styles v. Midwest Division RMC LLC dba Research Medical Center/Midwest

Division Inc. dba HCA Midwest Health System, personal injury, case #1216 CV 23027 CC, Sept. 5, 2012. Collier Perry/Peggy Perry v. Ritchie Bros. Auctioneers America Inc./Benjamin Arbeiter/ Nick Nicholson/Wells Fargo Equipment Finance Inc., tort, case #1216 CV 23214 CC, Sept. 5, 2012. Beacon Sales Acquisition Inc. dba Shelter Distribution Inc. v. Advanced Construction Solutions LLC/Robert Ballard, suit on account, case #1216 CV 23369 AC, Aug. 30, 2012. GE Capital Retail Bank fka GE Money Bank v. R and M Office Product Corp., suit on account, case #1216 CV 23377 AC, Sept. 4, 2012. Theodore McKnight v. James S. Fields/Jacques L. Fields/Corey Orlandso Fields/Fields Bros. Motorsports & Auto Sales, case #1216 CV 23629 AC, Aug. 31, 2012. CLAY COUNTY Cynthia Foster v. RSL Funding LLC, contract, case #12CY CV 10156 CC, Aug. 31, 2012. Sheryl L. Perkins v. North Kansas City Hospital et al., personal injury, case #12CY CV 10187 CC, Aug. 31, 2012. Juanita J. Johnon v. Dustin A. Crawford/ Cobler Shop Inc., personal injury, case #12CY CV 10276 CC, Sept. 5, 2012. State Farm Fire & Casualty Co. v. Sam Truong dba Sonuel/Thuy Thi Truong, suit on account, case #12CY CV 10401 CC, Aug. 30, 2012. Commerce Bank v. Dawson Investment Enterprises LLC/Christopher Dawson, breach of contract, case #12CY CV 10520 AC, Aug. 31, 2012. PLATTE COUNTY Beacon Sales Acquisition Inc. v. Dru Anne Stoermann/3D Roofing and Restoration LLC, suit on account, case #12AE CV 02989 AC, Sept. 4, 2012. Material Transport Co. v. H.B. Construction Inc./Jason L. Hill, suit on account, case #12AE CV 02990 AC, Sept. 4, 2012. Micro-Macro International Inc. v. Mid America Instruments Inc./Paul R. Bjelica, breach of contract, case #12AE CV 03015 AC, Sept. 5, 2012.

COURT JUDGMENTS

The following are judgments issued by the county court’s office involving businesses and business owners. Information is listed by case and case number. JOHNSON COUNTY Kansas City Star v. Community Life Media Inc., $8,877, plaintiff, case #10 LA 14352, Aug. 31, 2012. Imperial PPS Corp. dba Premium Financing Specialists v. Abraham Trucking Inc., $6,547, plaintiff, case #12 LA 06317, Aug. 31, 2012. New World Communications of Kansas City Inc. dba WDAF-TV v. HMS Advertising Inc., $7,612, plaintiff, case #12 LA 06851, Aug. 31, 2012. Fountainglass Inc. v. Pinecrest Development LLC, $6,847, plaintiff, case #12 LA 06867, Aug. 31, 2012. Southcreek X Associates LLP v. Moore Financial Management LLC, $323,317, plaintiff, case #12 LA 07489, Aug. 30, 2012.

MECHANIC’S LIENS

The following includes liens filed in the county recorder’s office for unpaid services or goods for amounts greater than $10,000. JOHNSON COUNTY Claimant: Grabill Plumbing Inc., Contractor: WT DuBois Construction Inc., $60,140, Owner: LaPaloma Plaza LLC, on property at 6751 W. 119th St., Overland Park 66209, case #12 ML 00306, Sept. 4, 2012.

FEDERAL TAX LIENS FILED

The following includes federal tax liens of $5,000 or more filed against local businesses with the county recorder. Information is listed in this order: name of business, address, amount, type of lien, date. JOHNSON COUNTY McGuire’s Smokehouse LLC, 16693 W. 151st St., Olathe 66062, $9,458, (941), Book/Page 201209 001323, Sept. 5, 2012. HRE Dining LLC, 5208 W. 158th Place, Overland Park 66224, $23,631, (941), Book/Page 201209 001321, Sept. 5, 2012.

WYANDOTTE COUNTY Sophisticated Stone LLC, 3200 McCormick Road, Kansas City, KS 66115, $16,160, (6721), Book/Page 2012 R 12359, Sept. 4, 2012. JACKSON COUNTY Excel Motors Inc., 3211 E. 12th St., Kansas City 64127, $22,697, (941), document #2012 E 0094817, Sept. 4, 2012. Pronto Cash Inc., 16657 E. 23rd St., Suite B, PMB 162, Independence 64055, $17,318, (940/944), document #2012 E 0095054, Sept. 4, 2012.

FEDERAL TAX LIENS RELEASED

The following includes released liens of $5,000 or more filed against local businesses with the county recorder. Information is listed in this order: lien payer, address, amount, date. JOHNSON COUNTY Bacchanalia LLC, 12450 Newton St., Overland Park 66213, $5,044, (941/1065), Book/Page 201209 001329, Sept. 5, 2012. Mamhaf Inc., 11300 Tomahawk Creek Parkway, No. 12, Leawood 66211, $11,046, (941), Book/Page 201209 000301, Sept. 4, 2012. JACKSON COUNTY James W. Tipping & Associates, 21 W. Gregory Blvd., Kansas City 64114, $164,075, (941), document #2012 E 0094826, Sept. 4, 2012. Green Acre Property Management Inc., 3728 Holmes St., Kansas City 64109, $9,594, (940/941), document #2012 E 0094832, Sept. 4, 2012.

STATE TAX LIENS FILED

The following includes tax liens of $5,000 or more filed against area businesses with the county recorder. Information is listed in this order: name of business, address, amount, type of lien, date. JACKSON COUNTY Carniceria El Torito Inc., 4901 St. John Ave., Kansas City 64123, $22,278, (sales/use), document #2012 E 0094912, Sept. 4, 2012. Pixel Magic Imaging Inc., P.O. Box 767, San Marcos, TX 78667, $5,264, (sales/use), document #2012 E 0094921, Sept. 4, 2012. Pleasant Hill Manufacturing Co., 6720 W. 121st St., Leawood 62609, $461,730, (sales/use), document #2012 E 0094922, Sept. 4, 2012. Wing Flying Club, 517 S.E. William, Lee’s Summit 64063, $7,021, (sales/use), document #2012 E 0094923, Sept. 4, 2012. PLATTE COUNTY Kulwant Investments Inc., 1951 N.W. Ambassador Drive, Kansas City 64153, $26,871, (sales/use), document #S 023415, Sept. 5, 2012. L&L Communication Services Inc., 306 West St., Parkville 64152, $17,596, (sales/use), document #S 023416, Sept. 5, 2012. Nile Trucking Inc., 901 N. Monroe, Kansas City 64120, $11,242, (sales/use), document #S 023418, Sept. 5, 2012.

STATE TAX LIENS RELEASED

The following includes released tax liens of $5,000 or more filed against local businesses. Information is listed in this order: lien payer, address, amount, date. JACKSON COUNTY Thingsville Inc., (address not shown), $21,641, (sales/use), document #2012 E 0093922, Aug. 31, 2012. Thingsville Inc., (address not shown), $22,005, (sales/use), document #2012 E 0094131, Aug. 31, 2012. Thingsville Inc., (address not shown), $21,650, (sales/use), document #2012 E 0094132, Aug. 31, 2012. Devicor Medical Products Inc., 10505 Corporate Drive, Pleasant Prairie, WI 53158, $5,809, (sales/ use), document #2012 E 0095034, Sept. 4, 2012. Ganesh Hospitality LLC, 2305 W. 131st St., Leawood 66209, $7,125, (sales/use), document #2012 E 0095039, Sept. 4, 2012. Hospital Management Corp., P.O. Box 24406, Shawnee Mission 66283, $8,609, (sales/use), document #2012 E 0095040, Sept. 4, 2012. Sharper Image Corp., P.O. Box 3508, Walnut Creek, CA 94598, $6,170, (sales/use), document #2012 E 0095047, Sept. 4, 2012.

Burrito Joes LLC, 4644 Genessee St., Kansas City 64112, $6,956, (sales/use), document #2012 E 0095069, Sept. 5, 2012. John W. Metoyer LLC, 7128 Tracy, Kansas City 64131, $11,642, (sales/use), document #2012 E 0095070, Sept. 5, 2012. PLATTE COUNTY All For Kidz Inc., 20700 44th Ave. W., Suite 220, Lynnwood, WA 98036, $22,544, (sales/use), document #S 023421, Sept. 5, 2012. CDJS Investments LLC, 8025 Clearwater Drive, Kansas City 64152, $7,170, (sales/use), document #S 023422, Sept. 5, 2012.

NEW BUSINESSES

New Businesses/Licenses lists new and renewed occupational licenses in the area. The entries are obtained from local municipalities. For more information, contact the cities listed. WYANDOTTE COUNTY 39 Rainbow Hotel LLC, 3932 Rainbow Blvd., Kansas City, KS 66103, accomodation-food services. Five Stars Cleaning Services, 905 Pacific Ave., Kansas City, KS 66101, admin. support-waste mgmt. Glenns Repair, 1008 E. 26th St., Kansas City 64108, construction. Modern Colors LLC, 3269 Roanoke Road, Kansas City 64111, construction. Level Builders LLC, 6122 S. National, Parkville 64152, construction. Brazan Construction, 4733 Ottawa St., Kansas City, KS 66106, construction. Pause The Spa, 10401 France Family Drive, Kansas City, KS 66111, other services not public. AA Multiservices, 1505 H Central Ave., Kansas City, KS 66102, prof.-scientific-tech. services. OPAA Holding of Kansas Inc. (Piper School), 100 Chesterfield Business Parkway, Chesterfield 63005, retail trade. Cave Canem LLC, 3225 N. 87th St., Kansas City 66109, retail trade. Crazy 8 Store, No. 6296, 1843 Village West Parkway, Suite C-119, Kansas City, KS 66111, retail trade. KANSAS CITY C&S Detailing & Repair, 2804 Prospect Ave., Kansas City 64128, automobile polish wash and oil. Perfect Touch Auto Detail, 5646 Prospect Ave., Kansas City 64130, automobile polish wash and oil. The Clean Up Shop, 8305 Hickman Mills Drive, Kansas City 64132, automobile polish wash and oil. Alysha’s Healthy Hair Care, 2315 E. 12th St., Kansas City 64127, beauty parlor. Renes Muffler Shop, 4401 Prospect Ave., Kansas City 64130, beauty parlor. Art of Beauty Salon, 5908-A Prospect Ave., Kansas City 64130, beauty parlor. Art of Beauty, 5908-A Prospect Ave., Kansas City 64130, beauty parlor. Anointed Hands, 8020 Hickman Mills Drive, Kansas City 64132, beauty parlor. Infinity Svc., 2316 E. 55th St., Kansas City 64130, building maintenance or house cleaning. Teona Pearl Inc., 5240 Elmwood Ave., Kansas City 64130, building maintenance or house cleaning. Two Girlz 2 Hands and A Bucket, 7114 Walrond Ave., Kansas City 64132, building maintenance or house cleaning. Bic Pressure Cleaning Specialist, 7910 E. 117th Terrace, Kansas City 64134, building maintenance or house cleaning. Spectrum Building Services LLC, 9109 E. 90th Terrace, Kansas City 64138, building maintenance or house cleaning. 816 Ent. Multi Media Studios, 8116 Prospect Ave., Kansas City 64132, business services. K.C. License & Title Services, 7601 E. 67th St., Kansas City 64133, business services. Get Fitted Alterations & Dry Cleaning, 12009 E. 43rd St., Kansas City 64133, clothes cleaner. TLC Remodeling Services LLC, 2817 E. 10th St., Kansas City 64127, construction. Marco Construction & Consulting, 5116 E. 35th St., Kansas City 64128, construction. ADH Carpentry LLC, 3940 Norton Ave., Kansas City 64130, construction. Tracy Hill Studion LLC, 2511 Martha Truman Road, Kansas City 64131, construction. We Pave It Asphalt and Concrete, 7549 Olive St., Kansas City 64132, construction. The Ginger Tree, 4287 E. 62nd St., Kansas City 64130, data processing service. Contemporary Services Corp., 1 Arrowhead Drive, Kansas City 64129, guard service. Wesley Lawn Service, 5443 Myrtle Ave., Kansas City 64130, lawn service. The Joy of Landscaping LLC, 8216 Ruskin Way, Kansas City 64134, lawn service.


| BUSIneSS leadS |

SEPTEMBER 21-27, 2012

kansascitybusinessjournal.com

Big B’s, 3800 E. Gregory Blvd., Kansas City 64132, liquor store retail. Alternative Care Providers LLC, 6301 Rockhill Road, Kansas City 64131, misc. personal services. Sundane Store, 4618 Independence Ave., Kansas City 64124, misc. retail stores. Noelias Fashions, 6310 E. Ninth St., Kansas City 64125, misc. retail stores. American Dishchord LLC, 2016 Cleveland Ave., Kansas City 64127, misc. retail stores. Treasures Exfoliating Line, 7327 Park Ave., Kansas City 64132, misc. retail stores. Ace Auto LLC, 7300 E. U.S. Highway 40, Kansas City 64129, motor vehicles service. Haile’s Auto Service, 7201 Prospect Ave., Kansas City 64132, motor vehicles service. Bradleys Auto Brokerage LLC, 8812 Blue Ridge Blvd., Kansas City 64138, motor vehicles wholesale. C.B.S. Auto Locator & Sales, 9425 Blue Ridge Blvd., Kansas City 64138, motor vehicles wholesale. Vester Lawn Service, 11616 Sycamore Drive, Kansas City 64134, ornamental schrub and tree services. OT Real Estate Investment, 3030 E. 60th St., Kansas City 64130, real estate. Family First, 7815 Prospect Ave., Kansas City 64132, renting or leasing. Salon 360, 8020 Hickman Mills Drive, Kansas City 64132, renting or leasing. Landscapers Choice LLC, 13911 Blue Parkway, Kansas City 64139, repair services. The New G&E Cafe, 4213 E. Ninth St., Kansas City 64124, service not otherwise listed. Van Brunt BP, 3027 Van Brunt Blvd., Kansas City 64128, service station. Prospect BP, 6245 Prospect Ave., Kansas City 64130, service station. On Time Auto & Tire, 8580 E. U.S. Highway 40, Kansas City 64129, tow truck. Bros Tow, 5838 Lister Ave., Kansas City 64130, tow truck.

neW COrPOraTIOnS

new corporations lists new businesses in the area. The entries are obtained from local municipalities. For more information, contact the cities listed. KANSAS Dynamic Athletics Health & Performance Institute LLC, 9111 Flint St., Overland Park. Martial Arts of Kansas LLC, 665 S. Elm St., Gardner 66030. R&L Telecom LLC, P.O. Box 55, Gardner 66030. 4M Management Inc., 907 S. Clearwater Drive, Olathe 66061. Twistedstart LLC, 21445 W. 121st St., Olathe 66061. Karis Holdings LLC, 701 N. Sunset, Olathe 66061. Breaking Barriers LLC, 11390 S. Belmont St., Olathe 66061. 3D’s Properties Emporia LLC, 1420 E. Butterfield Place, Olathe 66062. 3TC LLC, 18876 S. Hagan Lane, Olathe 66062. American Logistic Solutions LLC, 2001 E. Prairie Circle, Suite A, Olathe 66062. Kayjay Solutions LLC, 2011 E. Crossroads Lane, Suite 309, Olathe 66062. Watkins Enterprises Inc., 18921 W. 160th Terrace, Olathe 66062. Wolf Investments LLC, 1833 E. 151st St., Olathe 66062. Chaps Equestrian Services LLC, HCR 17140 S. U.S. Highway 169, Olathe 66062. Yliana’s Cleaning Service LLC, 12926 S. Brookfield St., Apt. D, Olathe 66062. Cloud 7 Inc., 15410 W. 119th St., Olathe 66062. Copper Creek Capital LLC, 13976 W. 146th Terrace, Olathe 66062. SLM Properties LLC, 20512 W. 200th, Spring Hill 66083. Alysa Rushton Holistic Health Coach LLC, 20195 Beverly St., Stilwell 66085. Dead Tree KC LLC, 17000 Kenneth Road, Stilwell 66085. 12th Street KC Investors LLC, 701 Minnesota, Kansas City, KS 66101. KAW Collective LLC, 405 N. Sixth St., Kansas City, KS 66101. Scooters Trucking LLC, 6306 Riverview, Kansas City, KS 66102. 1905 Westport LLC, 1905 W. 43rd Ave., Kansas City, KS 66103. Sublime Consulting LLC, 2850 N. 119th St., Kansas City, KS 66109. Wally’s Body Shop LLC, 11545 Kaw Drive, Kansas City, KS 66111. Ryan T. Vandeberghe LLC, 11314 W. 74th St., Shawnee 66203. An Ink Mover LLC, 7316 Flint, Shawnee 66203. B&E Holdings LLC, P.O. Box 3913, Shawnee 66203. Pludio Media LLC, P.O. Box 3913, Shawnee 66203.

Jastys Auto LLC, 8205 Santa Fe Drive, Overland Park 66204. Vaunkress Designs Inc., 9021 W. 75th St., Overland Park 66204. Dental Marketing Professionals LLC, 7206 Reeds Road, Overland Park 66204. Event Discovery LLC, 5201 Johnson Drive, Suite 241, Mission 66205. KAW Designs LLC, 5129 W. 55th St., Roeland Park 66205. MMCH Ventures LLC, 5316 W. 50th Terrace, Roeland Park 66205. Parkway Investors A II LLC, 2001 Shawnee Mission Parkway, Mission 66205. Parkway Investors W II LLC, 2001 Shawnee Mission Parkway, Mission 66205. The Light Tree Creative LLC, 9526 Meadow Lane, Leawood 66206. KC Legends 03 Club, 9736 High Drive, Leawood 66206. Bird House of Design LLC, 8432 Cedar St., Prairie Village 66207. Fav Trip Leavenworth LLC, 3520 W. 75th St., Suite 205, Prairie Village 66208. Star Flooring Services LLC, 4440 W. 63rd St., Prairie Village 66208. Liberty Flooring LLC, 4440 W. 63rd St., Prairie Village 66208. Hall Consulting LLC, 12327 Ash St., Overland Park 66209. 9018 E. 73rd St. LLC, 5255 W. 129th Terrace, Leawood 66209. Kansas Free State Norml Inc., 5619 W. 101st St., Overland Park 66209. DO Corp., 6801 W. 121st St., Suite 106, Overland Park 66209. KT Fitness LLC, 11000 King, Overland Park 66210. Dynamic Performances & Tours LLC, 7500 College Blvd., Fifth Floor, Overland Park 66210. G.R.O.W. Entertainment LLC, 11200 Brookwood Ave., Leawood 66211. Upark Condo LLC, 6900 College Blvd., Suite 700, Overland Park 66211. Budig Properties LLC, 6900 College Blvd., Suite 700, Overland Park 66211. CJ Seiler Corp., 3400 College Blvd., Suite 200, Leawood 66211. Stillwater Ranch LLC, 10111 W. 87th St., Overland Park 66212. Albatross Communications LLC, 9025 Grandview, Overland Park 66212. M&B Services LLC, 9852 W. 86th St., Overland Park 66212. Temple Sinai Inc., 8310 W. 120th Terrace, Overland Park 66213. VanQuish Athletics LLC, 8110 W. 132nd Place, No. 1102, Overland Park 66213. Bitritune Engineering LLC, 12727 Grant, Overland Park 66213. Creative Spin Furnishings LLC, 12702 W. 122nd Terrace, Overland Park 66213. Nartan Academy of Dance LLC, 8306 W. 127th Place, Overland Park 66213. DL & Associates Inc., 12128 W. Goddard Ave., Overland Park 66213. Entrepreneurs’ Organization of Kansas City Inc., 8343 Melrose Drive, Lenexa 66214. $ave-A-Lot Solutions LLC, 13405 W. 102nd St., Lenexa 66215. SRUSA LC, 10675 Widmer, No. 7, Lenexa 66215. G2G Distribution Inc., 12104 W. 88th St., Lenexa 66215. Craig Phillips Vision Services LLC, 11179 Summit St., No. 1700, Lenexa 66215. MNL Investments Inc., 12014 W. 88th St., Lenexa 66215. Monrovia Properties LLC, 12215 Johnson Drive, Shawnee 66216. Mothsoft LLC, 7120 Park St., Shawnee 66216. Marco Industries LLC, 5616 Theden St., Shawnee 66218. Danny Noonan LLC, 12700 W. 156th St., Overland Park 66221. Lomas Enterprise LLC, 7730 W. 148th St., Overland Park 66223. Nepal Children Foundation of Kansas, 6504 W. 151st Place, Overland Park 66223. DTF LLC, 15427 Woodward St., Overland Park 66223. Tapatio Cliffs LLC, 3908 W. 140th Drive, Leawood 66224. JA Brew LLC, 4008 W. 150th St., Leawood 66224. CG Dental Products LLC, 15718 Ash Drive, Overland Park 66224. HBS 9 Inc., 5605 Roundtree, Shawnee 66226. P&R Innovations LLC, 23905 W. 57th St., Shawnee 66226. Flooring KC LLC, 8540 Monticello Road, Lenexa 66227. JACKSON COUNTY Mander Professional Services LLC, 1600 N.E. Coronado Drive, Suite 337, Blue Springs 64014.

kanSaS ciTy BuSinESS jouRnal |

23


| Business Leads |

24 | kansas city business journal

SEPTEMBER 21-27, 2012

kansascitybusinessjournal.com

Dittomark Properties LLC, 1040 N.W. South Outer Road, Blue Springs 64015. Center Stage Lounge LLC, 1804 N.W. Ashton Ave., Blue Springs 64015. Show Me Elite Sales LLC, 2123 N.W. Hedgewood Drive, Grain Valley 64029. A-1 Properties KC LLC, 13231 S. U.S. Highway 71, Jackson 64030. Red Sky Management LLC, 1423 W. Maple, Independence 64050. SC Funding LLC, 1423 W. Maple, Independence 64050. Simply Recording Studio LLC, 440 S. Leslie St., Independence 64050. IBS Connect LLC, 12122 Mar Bec Trail, Independence 64052. Levota Real Estate Appraisal Group LLC, 2300 Blue Ridge Terrace, Independence 64052. Kiteletter LLC, 1001 E. Gudgell, Independence 64055. Cavanaugh Enterprises LLC, 19801 Holke Road, Independence 64057. J&C Renovations LLC, 1906 S.E. Fifth St., Lee’s Summit 64063. A Plain Truth LLC, 211 S.E. Grand Ave., Suite A, Lee’s Summit 64063. Lee’s Summit Family Eyecare LLC, 519 S.W. Third St., Suite A, Lee’s Summit 64063. Easier Living Products & Services LLC, 207 N.W. Hillcrest Lane, Lee’s Summit 64063. Wheeler Property LLC, 817-B N.E. Columbus, Lee’s Summit 64063. 709 Property LLC, 4243 N.E. Lakewood Way, Suite 101, Lee’s Summit 64064. Dungeon Scene LLC, 506 N. Bynum, Lone Jack 64070. Kind Shepherd LLC, 609 N.W. Edgewood Drive, Lee’s Summit 64081. Dennon Enterprises LLC, 1415 N.E. Douglas, Lee’s Summit 64086. Law Office of Christopher Jones LC, 2317 N.E. Lake Breeze Lane, Lee’s Summit 64086. Quality Software Services LLC, 416 N.E. Viewpark Drive, Lee’s Summit 64086. Jacksonbrooke LLC, 200 N.E. Missouri Road, Suite 298, Lee’s Summit 64086. Summit Security Services LLC, 200 N.E. Missouri Road, Suite 298, Lee’s Summit 64086. The Nanninga Group LLC, 302 N.E. Oaktree Court, Lee’s Summit 64086. 30 Beach Street LLC, 1044 Main St., Suite 900, Kansas City 64105. Cosby Hotel Managing Member LLC, 920 Main St. 10 Main Center, Suite 270, Kansas City 64105. Cosby Hotel Tenant LLC, 920 Main St. 10 Main Center, Suite 270, Kansas City 64105. Goldfinger Distribution Services LLC, 1010 Walnut, Suite 500, Kansas City 64106. C&M Realty Holdings LLC, 1100 Walnut St., Suite 2900, Kansas City 64106. Camm Investments LLC, 1100 Walnut St., Suite 2900, Kansas City 64106. TKR Investments LLC, 1100 Walnut St., Suite 2900, Kansas City 64106. American Management Inc., 1626 Broadway, Kansas City 64108. BP CB18 LLC, 1908 Main St., Kansas City 64108. Elsberry Dragon Fund LC, 2345 Grand Blvd., Suite 2400, Kansas City 64108. Ace Mechanical Heating & Cooling LLC, 4345 Gillham Road, Kansas City 64110. Party Ventures LLC, 4420 Madison Ave., Suite 200, Kansas City 64111. Hanes Enterprises LLC, 4524 Broadway, Apt. 1-S, Kansas City 64111. Your Piece of Heaven On Earth LLC, 4545 Wornall, No. 708, Kansas City 64111. Felicity Portrait Studio LLC, 300 W. Armour Blvd., No. 606, Kansas City 64111. Clearway Environmental Services LLC, 3770 Broadway, Kansas City 64111. Skin Esteem Inc., 4010 Washington, Suite 101, Kansas City 64111. BKS Holdings LLC, 4600 Madison Ave., Suite 1100, Kansas City 64112. Vinebrick LLC, 700 W. 47th St., Suite 1000, Kansas City 64112. Rausch Coleman Whitetail LLC, 411 Nichols Road, Suite 225, Kansas City 64112. Wornall Road LLC, 661 Romany Road, Kansas City 64113. Steves Homework LLC, 100 E. 109th St., Kansas City 64114. Audagy LLC, 7112 Grand Ave., Kansas City 64114. PR Production LLC, 7134 Pennsylvania Ave., Kansas City 64114. Combined Effort - Prudent JV LLC, 8080 Ward Parkway, Suite 405, Kansas City 64114. Paradise Vapors LLC, 837 W. 71st Terrace, Kansas City 64114. Safety Chief LLC, 11211 Oak St., Kansas City 64114. Seven Pool LLC, 9201 Ward Parkway, Suite 200, Kansas City 64114.

MRE Gardner Development LLC, 9201 Ward Parkway, Suite 304, Kansas City 64114. Iglesia Monte De Sion, 408 Kensington Ave., Kansas City 64124. Leaders of Tomorrow, 3239 E. 28th St., Kansas City 64128. Reign E. Days Solutions LLC, 2145 E. 15th Terrace, Kansas City 64129. Johnson & Johnson Commercial Cleaning Service LLC, 4013 Kensington Ave., Kansas City 64130. Cascade Media Group LLC, 4218 E. 52nd St., Kansas City 64130. Walter N. Porter LLC, 4301 Cleveland Ave., Kansas City 64130. Good Looks Interiors LLC, 514 E. 106th St., Kansas City 64131. Dodson Turnaround Inc., 4417 Blue Ridge Blvd., Kansas City 64133. U & Umar LLC, 10000 Richmond Drive, Kansas City 64134. G&E Holdings Sales & Supplies LLC, 7905 E. 107th, Kansas City 64134. Premium Property Management LLC, 10419 Walrond Ave., Kansas City 64137. Slap City Audio Visual LLC, 8708 Manchester Ave., Kansas City 64138. Alford Image Group LLC, 13311 E. 93rd St., Kansas City 64138. CLAY COUNTY Readeway Construction LLC, 810 W. Seventh Ave., Kearney 64060. Stocksick Enterprises LLC, 10615 N.E. 143rd Terrace, Liberty 64068. Daarul Hudaa Community Center, 2411 N.E. 43rd St., Apt. 2, Kansas City 64116. Knot So Squares LLC, 27 N.W. 39th St., Kansas City 64116. McDogan & Associates LLC, 5905 N.E. 42nd St., Kansas City 64117. Fit Girl LLC, 7812 N. Garfield Ave., Kansas City 64118. Bid Pennies For Gold LLC, 6914 N. Cypress, Kansas City 64119. Look Younger LLC, 9205 N. Tracy, Kansas City 64155. NeriumLook Younger LLC, 9205 N. Tracy, Kansas City 64155. KC House Inspections LLC, 10400 N. Spruce, Kansas City 64156. Moats LLC, 13123 N. Prospect, Kansas City 64166. PLATTE COUNTY Innovative Solutions & Vision Consulting LLC, 16095 N.W. 126th Terrace, Platte City 64079. Mann Mandir Inc., 322 N.W. Woodland Road, Riverside 64150. Blank Slate Travel LLC, 4103 N.W. 78th St., Kansas City 64151. Eric McWhinnie LLC, 6507 N.W. Mil Mar Drive, Kansas City 64151. BC Village Cleaners LLC, 5201 N.W. Crooked Road, Parkville 64152. Sinergy Consulting Services LLC, 6833 N.W. Monticello Court, Parkville 64152. Get Organized! LLC, 8514 N.W. 62nd Terrace, Parkville 64152. Don Barrett Productions LLC, 10150 N. Ambassador Drive, Suite 100, Kansas City 64153.

REAL ESTATE TRANSACTIONS COMMERCIAL

The following includes transactions filed with the county recorder. Information is listed in the following order: seller’s name, buyer’s name and address, property address or description and price. JOHNSON COUNTY CH Development LLC to KC Builders & Design Inc., P.O. Box 3598, Olathe 66062, Lot 6 Chapel Hill, Book/Page 201208 012426. Christopher Dean LLC to Quick Properties LLC, P.O. Box 112, Olathe 66051, Lot 1 except the E. 222.53 feet and except the W. 344 feet thereof Kate Industrial Park, Book/Page 201208 012587. James Engle Custom Homes LLC to Koehler Building Co., 12912 State Line Road, Leawood 66209, Lot 204 Mills Farm, Book/Page 201208 012621. Shawnee Village Associates LP to Brotherhood Bank & Trust fka Brotherhood Bank & Trust Co., Lot 4 Lenexa City Center East Village and Lots 6-8/Tracts F&G Lenexa City Center East Village, Book/Page 201208 012687. Bluestem LLC to Rodrock Homes of Johnson County LLC, 9550 Dice Lane, Lenexa 66215, Lot 105 Bluestem, Book/Page 201208 012928. Canyon Creek Real Property Holdings LLC to C&M Builders Inc., P.O. Box 1033, Raymore

64083, Lot 40 Canyon Creek by the Park, Book/ Page 201208 013082. Canyon Creek Real Property Holdings LLC to C&M Builders Inc., P.O. Box 1033, Raymore 64083, Lot 41 Canyon Creek by the Lake, Book/ Page 201208 013084. Canyon Creek Real Property Holdings LLC to C&M Builders Inc., P.O. Box 1033, Raymore 64083, Lot 27 Canyon Creek by the Lake, Book/ Page 201208 013089. P. Wiley Curran to GCG Properties LLC, all of Lot 20 Walnut View, Book/Page 201208 013269. CP Investments LLC to FNBK Corporate Holdings LLC, 4650 College Blvd., Third Floor, Overland Park 66211, Lots 4D/5D/Tracts AA/BB/CC/ DD Greens of Chapel Creek Townhomes, Book/ Page 201208 013314. Hissong-Dowling Properties I LLC to Polaris Group LLC, 13814 W. 76th Circle, Shawnee 66216, Unit 5 Fenton Plaza, Book/Page 201208 013351. Michael J. Boyd to AZ Realty Trust I LLC, 13356 Metcalf Ave., Overland Park 66213, Lot 1 Old Metcalf Center, Book/Page 201208 013369. Thomas W. Boyd to AZ Realty Trust I LLC, 13356 Metcalf Ave., Overland Park 66213, Lot 1 Old Metcalf Center, Book/Page 201208 013371. Brian N. and Deborah A. Meyer to Stone Financing LLC, 16260 N. 71st St., Scottsdale, AZ 85254, Lot 52 The Reserve at Heritage, Book/Page 201208 013429. PAM Lenexa LLC to Covenant Homes LLC, P.O. Box 24122, Overland Park 66223, Lot 22 Glenabbey of Leawood, Book/Page 201208 013458. Fannie Mae aka Federal National Mortgage Association to Peak Properties LLC, 6937 Woodson, Overland Park 66204, Lot 3 Woodson Court, Book/Page 201208 013478. Fannie Mae aka Federal National Mortgage Association to Clairborne Properties LLC, 15470 Foster St., Overland Park 66223, Lot 22 Huntington Heights, Book/Page 201208 013505. Bluestem LLC to LDH Construction Inc., 15500 Parkhill, Overland Park 66221, Lot 8 Bluestem, Book/Page 201208 013551. Quadra Development LLC to Midwest Standard Homes LLC, Lot 26 The Meadow, Book/ Page 201208 013582. Stricker Legacy LLC to Property Masters LLC, 9918 W. 56th Terrace, Merriam 66203, the S. 90 feet of Lot 5 Mawn Estates, Book/Page 201209 000001. Saddlewood Apartments Phase I LLC to Red Olathe Holdings LLC, 4675 Macarthur Court, Suite 1550, Newport Beach, CA 92660, Tract 1/all of Lot 1 Saddlewood Apartments, Book/Page 201209 000034. Bluestem LLC to James Engle Custom Homes LLC, P.O. Box 3300, Olathe 66063, Lot 90 Bluestem, Book/Page 201209 000090. Leabrooke Ventures LLC to James Engle Custom Homes LLC, P.O. Box 3300, Olathe 66063, Lot 218 Leabrooke, Book/Page 201209 000093. 159 Partners LLC to Rodrock Homes of Johnson County LLC, Lot 140 Wyngaate, Book/ Page 201209 000107. Todd Hill Homes LLC to Estes Custom Homes LLC, 2509 W. 118th St., Leawood 66209, Lot 40 Meadows of Mills Farm, Book/Page 201209 000138. Nicholas Arthur Soukup/Elizabeth A. Soukup to Benis LLC, Lot 25/Block 5 Windgates, Book/ Page 201209 000538. Steven R. Manzi to Bruner & Associates LLC, Lot 55 The Tallgrove at the Wilderness West, Book/ Page 201209 000628. Federal Home Loan Mortgage Corp. to BRS Investments LLC, 12621 N.E. 115th Terrace, Kearney 64060, Lot 3 except the S. 5 feet and the S. 15 feet of Lot 4/Block 6 Craigmont, Book/Page 201209 000645. Chad and Rebecca Duckers to Elite Equity LLC, 11440 Tomahawk Creek Parkway, Leawood 66211, Lot 8/Block 26 Roe Manor Heights, Book/ Page 201209 000655. Kansas Land Development LLC to ACDC Investments LLC, the S.E. quarter of the N.E. quarter of Sec. 17/Township 13/Range 24, Book/ Page 201209 000684. Johnny G. and Patricia J. Burnett to Norris Equipment Co. LLC dba Wiseman Lawn Equipment, Lot 44 except the E. 105 feet White Acres, Book/Page 201209 000688. Madaline Gail Chandler to Kevin Higdon Construction, Lot 5 Walmer Heights, Book/Page 201209 000744. Wilshire by the Lake LLC to James Engle Custom Homes LLC, P.O. Box 3300, Olathe 66063, Lot 3 The Vineyard, Book/Page 201209 000836. Wilshire by the Lake LLC to James Engle Custom Homes LLC, P.O. Box 3300, Olathe 66063, Lot 1 The Vineyard, Book/Page 201209 000840. Bluestem LLC to James Engle Custom Homes LLC, P.O. Box 3300, Olathe 66063, Lot 98 Bluestem, Book/Page 201209 000843.

Wilshire by the Lake LLC to James Engle Custom Homes LLC, P.O. Box 3300, Olathe 66063, Lot 52 The Vineyard, Book/Page 201209 000847. Wilshire by the Lake LLC to James Engle Custom Homes LLC, P.O. Box 3300, Olathe 66063, Lot 54 The Vineyard, Book/Page 201209 000850. Wilshire by the Lake LLC to James Engle Custom Homes LLC, P.O. Box 3300, Olathe 66063, Lot 53 The Vineyard, Book/Page 201209 000854. Wilshire by the Lake LLC to James Engle Custom Homes LLC, P.O. Box 3300, Olathe 66063, Lot 43 The Vineyard, Book/Page 201209 000879. Wendy L. Strohm to 6029 Catalina LLC, Lot 194 Mission Highlands, Book/Page 201209 001019. Sharon L. Jacques to Jeniece’s Real Estate II LLC, Lot 7/Block 2 Bel-Air Heights, Book/Page 201209 001037. CP Investments I LLC to The Greens of Chapel Creek Homes Association Inc., 4650 College Blvd., Third Floor, Overland Park 66211, Tracts A-J/L-X Greens of Chapel Creek, Book/Page 201209 001049. John M. and Elizabeth P. Glowik joint tenants with rights of survivorship to KHG Properties LLC, 16036 W. 123rd St., Olathe 66062, Lot 133 Rolling Meadows, Book/Page 201209 001075. MMIC Leawood MOB LLC to Karin College LLC, 9990 College Blvd., Suite 100, Overland Park 66210, Lot 1 Scottsdale Asset Management, Book/ Page 201209 001271. WYANDOTTE COUNTY Melvin G. and Charlene L. Bunce aka Charlene Bunce to Charmel LLC, 66 S. 18th St./1043 Hasbrook/49 S. 17th St., Kansas City 66101, Lot 5/ Block 20 Grace Hill/Lot 6/Block 12 Pacific Place/the N. 40 feet of Lot 3/Block 9 Reynolds Grandview Park, Book/Page 2012 R 12135. JHN LLC to 6636 Properties LLC, a tract of land described as being all of Lot 36 and a part of Lots 37-39 Valley Center, Book/Page 2012 R 12157. Linda K. and Gilbert L. Moore to Amy Three S LLC, 11637 W. 109th St., Overland Park 66210, the E. 25.8 feet of the N. 80 feet of Lot 7/Block 2 Trickey, Book/Page 2012 R 12160. Frist Federal Bank FSB to Lavina LLC, 3705 State Line, Kansas City 64111, Lot 40 Bombeck Place, Book/Page 2012 R 12181. Fannie Mae aka Federal National Mortgage Association to NPM Inc., the W. 1/2 of Lot 9 and all of Lots 10/11/Block 11 Adams and Kings, Book/ Page 2012 R 12214. Bank of America NA to Wittmer Management LLC, the W. 10 feet of Lot 9 and the E. 30 feet of Lot 10/Block 5 Arickaree, Book/Page 2012 R 12258. Howard Polishchuk Holdings LLC to Bolton Management Inc., 6421 Roswell Ave., Kansas City 66104, the E. 15 feet of Lot 10 and the W. 28 feet of Lot 11/Block 7 Western Highlands, Book/Page 2012 R 12259. Jake F. and Leanne T. Richardson to Green Acres Properties LLC, Lots 2/3 M.E. Alleman, Book/Page 2012 R 12299. Bank Liberty to McBee Properties LC, 520 Missouri Highway 7, Independence 64056, a tract of land in the N.E. quarter of Sec. 9/Township 11/ Range 24, Book/Page 2012 R 12352. Fannie Mae aka Federal National Mortgage Association to Daddy’s Girl Properties II LLC, 11632 Waterway Court, Orlando, FL 60467, Lot 14 Brenner Heights Acres except the N. 50 feet of the E. 125 feet and the N. 52 feet of the W. 145.50 feet thereof, Book/Page 2012 R 12354. Sydney Spencer LLC to Quick Field Preservation LLC, 14913 Mission Road, Overland Park 66224, Lot 57 Osage Hills, Book/Page 2012 R 12356. Jack Edward Bechelomayr to Graceland Properties LLC, Lot 11 Antioch Gardens, Book/ Page 2012 R 12417. Valley Oaks Financial Corp. to GNU Resources LLC, Parcel 1/Lot 64/Block 5 Connelly/Parcel 2/the S. 36 feet of Lots 1/2/Block 1 Mather Place/Parcel 3/the N. 37.5 feet of Lot 16/Block 1 Riverview Heights/Parcel 4/Lot 45 M.C. O’Dell, Book/Page 2012 R 12430. Beverly Gibbs Breckenridge Versfelt to HODG 1 LLC, 13356 Metcalf Ave., Overland Park 66213, part of Sec. 1/Township 11/Range 24, Book/Page 2012 R 12444. JACKSON COUNTY Interstate Underground Warehouse and Industrial Park to First Land Investment LLC, 8201 E. 23rd St., Kansas City 64129, all that part of the S.W. quarter of Sec. 7/Township 49/Range 32, Book/Page 2012 E 0092157. JP Morgan Chase Bank NA to Federal National Mortgage Association, P.O. Box 650043, Dallas 75265, Lot 74 Crossgates, Book/Page 2012 E 0092191. JP Morgan Chase Bank NA to Federal Home Loan Mortgage Corp., 5000 Plano Parkway,


SEPTEMBER 21-27, 2012

| BUSIneSS leadS |

kanSaS ciTy BuSinESS jouRnal |

25

kansascitybusinessjournal.com

Carrollton, TX 75010, Lot 4/Block 3 Bayles, Book/ Page 2012 E 0092362. BP Products North America Inc. to Sugar Creek Community Development Corp., 11425 Burton St., Sugar Creek 64054, all of Lots 136/137 Jackson Lithia Place, Book/Page 2012 E 0092383. James M. Malouff III to Summit Associates LLC, 1204 Romany Road, Lee’s Summit 64086, Units 1-12 inclusive/14-21 inclusive/Building 2/Units 22-41 inclusive/Building 1/Units 42-61 inclusive/Building 3 Units 62-81 inclusive/Building 4/Units 82-101 inclusive Building 5/Summit Point Condominium, Book/ Page 2012 E 0092480. CitiMortgage Inc. to Federal National Mortgage Association, P.O. Box 650043, Dallas 75265, the N. 70 feet of Lot 43 and the S. 27 feet of Lot 44 Pendleton Acres, Book/Page 2012 E 0092498. Mui Ted Chin to Cabinrock Investments LLC, 1500 S. Central Expressway, Suite 620, McKinney, TX 75070, Tracts I/II/all that part of Lot 3 Long Croysdale and Vaughn’s, Book/Page 2012 E 0092502. M&T Bank to Federal Home Loan Mortgage Corp., 5000 Plano Parkway, Carrollton, TX 75010, Lot 47 Kingston Place, Book/Page 2012 E 0092510. JP Morgan Chase Bank NA to Federal National Mortgage Association, P.O. Box 650043, Dallas 75265, Lot 59 Highpoint, Book/Page 2012 E 0092511. Mortgage One Corp. to Kelmeg LLC, P.O. Box 88144, Carol Stream, IL 60188, Unit 8P/Lot 1 the Metropolitan Condominium together with an undivided interest in the common elements of said unit, Book/Page 2012 E 0092522. Luckywoman Inc. to Taj Mahal Investments LLC, 5126 Walnut, Kansas City, Lot 12 and the W. 3 feet of Lot 13 South Benton, Book/Page 2012 E 0092549. Mike and Mary Bradley to Roadtrip LLC, (no address given), Overland Park 66207, the E. 35 feet of Lot 135 measured along front and rear lines of said Lot 35 and the W. 35 feet of Lot 134 measured along front and rear lines of said Lot 134 Nance’s Sunset Gardens, Book/Page 2012 E 0092633. Kent Bilsborrow to Sierra Sunrise LLC, 1720 Eldon Ridge Court, Chesterfield 63017, Lot 22 Ray’s Hill, Book/Page 2012 E 0092634. Nanette T. Bukovac to Dave Richards Home Building Inc., P.O. Box 1325, Blue Springs 64013, the S. 1/2 of Lot 59 Fairmount Highlands, Book/ Page 2012 E 0092654. Craig Allen Rolier aka Craig Allen Rolier to Stone Street Investment Inc., 1025 N.E. Snowberry St., Lee’s Summit 64064, Lot 19 except that part in Boulevard D.O. Smart, Book/Page 2012 E 0092670. Wells Fargo Financial Missouri Inc. to SH&J Properties LLC, 14516 S. Alden St., Olathe 66062, Lot 39 Hillcrest Heights, Book/Page 2012 E 0092720. Daniel and Tiffany Nyberg to Roadtrip LLC, (no address given), Overland Park 66207, Lot 26 Jackon Lithia Place, Book/Page 2012 E 0092733. Robert E. Klemovec to N&A Investments LLC, 1614-1620 W. 39th St., Kansas City 64111, all that part of the N.W. 1/4 of Sec. 19/Township 49/Range 33, Book/Page 2012 E 0092918. Federal National Mortgage Association to D Jays Plumbing & Construction, 11511 Applewood Drive, Kansas City 64134, Lots 7/8 Central, Book/Page 2012 E 0092932. Neighborhoods United to KC Home Deals LLC, 421 N. Central Ave., Upland, CA 91786, Lot 342 Benton View, Book/Page 2012 E 0093043. Truman Road Corridor Association to Taj Mahal Investments LLC, 5126 Walnut, Kansas City 64112, Lot 6 and the S. 11 feet of Lot 7 Carroll Ridge, Book/Page 2012 E 0093100. Richard and Kanika Craddock to American Real Estate Investments LLC, 7425 Washington, Kansas City 64114, Lot 22/Block 5 Benton Ridge, Book/Page 2012 E 0093130. JP Morgan Chase Bank NA to Johnny Wayne Enterprises LLC, 516 Varner St., Odessa 64076, Lot 4 Ray Manor, Book/Page 2012 E 0093171. KC Properties 1 LLC to JDBC Enterprises LLC, 795 S. 1080 E., Orem, UT 84097, Lot 274 Fairlane, Book/Page 2012 E 0093357. GMAC Mortgage LLC to Federal Home Loan Mortgage Corp., 5000 Plano Parkway, Carrollton, TX 75010, the E. 25 feet of Lot 153 and the W. 50 feet of Lot 154 East Hollywood, Book/Page 2012 E 0093381. Independence Regional Senior Care LLC to Jackson Creek Partners LLC, 534 S. Kansas Ave., Suite 900, Topeka 66603, all of Tract A and a portion of Lot 2B Villages of Jackson Creek, Book/Page 2012 E 0093386. Overland Property Group LLC to Jackson Creek Partners LLC, 534 S. Kansas Ave., Suite 900, Topeka 66603, an easement for sidewalk purposes and other improvements over upon and across the S.E. corner of Lot 2B Villages of Jackson Creek, Book/Page 2012 E 0093387.

Spettro USA Inc. to Learus Missouri Holdings LLC, 56-180 Blue Willow Drive Woodbridge, Ontario, Canada L4L 9C9, Lot 215 Kirkside, Book/ Page 2012 E 0093399. Michael H. and Darcy R. Phillips to Soigne Properties LLC, 15941 W. 65th St., No. 361, Shawnee 66217, Lot 132 Wiedenmann Park, Book/ Page 2012 E 0093421. Federal Home Loan Mortgage Corp. to ARF 3 LP, 3401 S. Arlington, Independence 64052, all of Lot 32 Wundurvue, No. 1, Book/Page 2012 E 0093597. Federal Home Loan Mortgage Corp. to Nevaeh Homes LLC, 1841 S. 98th St., Kansas City, KS 66111, Lot 4 Davis Rock Creek, Book/Page 2012 E 0093602. Ivory Traylor to IT Property Management LLC, P.O. Box 287655, Kansas City 64128, the E. 30 feet of Lot A and the E. 30 feet of the S. 40 feet of Lot B, Book/Page 2012 E 0093611. Hickman Buiness Park IV LLC to Cerner Properties Inc., 2800 Rockcreek Parkway, North

Kansas City 64117, Lot 1 Hickman Buiness Center, Book/Page 2012 E 0093627. Melvin L. Dunsworth Jr. to Dolce Properties LLC, 3225 McLeod, No. 100, Las Vegas 89121, Tract I/Lot 8 Daisyfarm/Tract II/Lot 18 Clarkhaven, Book/ Page 2012 E 0093647. Patricia L. Smith n/k/a Patricia L. Walker/ Robert E. Walker to CityScape Properties LLC, 33500 Lexington Ave., De Soto 66018, Lot 3/Block 8 Commissioner’s Plat of Napoleon Boone Estates, Book/Page 2012 E 0093664. Asta Financial I LLC to Dolce Properties LLC, 3225 McLeod, No. 100, Las Vegas 89121, Lot 15 Hickman Estates, Book/Page 2012 E 0093673. Bank of the West to Examiner LLC, 4134 N.E. Hampstead Drive, Lee’s Summit 64064, Lot 8L Chapel Ridge Business Park, Book/Page 2012 E 0093719. Federal Home Loan Mortgage Corp. to Jag Enterprise LLC, 1112 S. Outer Belt Road, Oak Grove 64075, Lot 71 Roanoke Manor, Book/Page 2012 E 0093768.

GMAC Mortgage LLC to Federal National Mortgage Association, P.O. Box 650043, Dallas 75265, Lot 28 The Ash Grove, Book/Page 2012 E 0093790. Mazuma Credit Union to Briarpath Fund LP, 325 Miron Drive, Suite 110, Southlake, TX 78092, Tract I/Lot 265 Avalon View/Tract II/Lot 12 Laurel Slopes/Tract III/Lot 72 Belvidere Heights/Tract IV/ Lot 7 Baker Heights/Tract V/Lot 117 Kellerstrass Heights, Book/Page 2012 E 0093836. ACH Development LLC to Wyss Home Building LLC, 4320 N.E. Park Lane Circle, Lee’s Summit 64064, Lot 71 Park Ridge, Book/Page 2012 E 0093839. James L. and June E. Fries to ROI Realty Inc., 109 W. 65th Terrace, Kansas City 64113, the W. 10 feet of Lot 7 and the E. 50 feet of Lot 8/Block 3 Armour Hills, Book/Page 2012 E 0093882. Gale Communities Inc. to Winterset 7 LLC, 400 S.W. Longview Blvd., Suite 210, Lee’s Summit 64081, all that part of the W. half of the W. half of the S.E. quarter of Sec. 3/Township 47 N./Range 32 W., Book/Page 2012 E 0093901.

Join us as we celebrate the

Best Places to Work in Kansas City at an awards luncheon on

Friday, Oct. 12. Registration begins at 11 a.m. at the Sheraton Overland Park. For more information, or to make your reservation online, go to http://bizj.us/b45f1 or www.kansascitybusinessjournal.com/event by Oct. 5. Contact Christine Davis with questions (cdavis@bizjournals.com or 816-777-2218).

Congratulations to our 2012 Best Places to Work! LARGE COMPANY:

MEDIUM COMPANY:

SMALL COMPANY:

Argosy Casino Hotel and Spa

Athletic & Rehabilitation Center

Brush Creek Partners

Burns & McDonnell

BATS Global Markets Inc.

Davidson Architecture & Engineering

Children’s Mercy Hospitals and Clinics

Digital Evolution Group

Internet Builder Consulting

FedEx TechConnect

Jones Lang LaSalle Brokerage Inc.

Harrah’s North Kansas City Henderson Engineers Inc.

Mariner Holdings Inc.

LionShare Marketing Inc.

Intouch Solutions

McCownGordon Construction LLC

PlattForm Advertising

Netsmart Technologies Inc.

Parris Communications Inc.

Saint Luke’s Health System

Pro Athlete Inc.

Ryan LLC

Teva Pharmaceuticals Inc.

Saepio Technologies Inc.

Validity Screening Solutions

VML Inc.

U.S. Engineering Co.

Woople LLC

Mersoft Corp.

SPONSORED By:

CONTRIBUTING SPONSORS:

AWA R D S & A D S P E C I A LT I E S I N C .

Sponsorship opportunities are still available. For information or to advertise in the supplement, contact your sales representative or Stacie Prosser at 816-777-2225.


| Business Leads |

26 | kansas city business journal

SEPTEMBER 21-27, 2012

kansascitybusinessjournal.com

First Community Bank to Winterset 7 LLC, 140 Walnut St., Kansas City 64106, all that part of the W. half of the S.E. quarter and that part of the W. half of the N.E. quarter of Sec. 3/Township 47 N. Range 32 W., Book/Page 2012 E 0093907. Real Returns LLC to American Real Estate Investments LLC, 18011 E. U.S. Highway 24, No. 2-A, Independence 64056, the E. half of Lot 218 Marlborough Heights, Book/Page 2012 E 0094043. Smart Money Secured Income Fund LLC to American Real Estate Investments LLC, 7425 E. Washington St., Kansas City 64114, Lot 73 Sunset Lodge, Book/Page 2012 E 0094062. Real Returns LLC to American Real Estate Investments LLC, 7425 E. Washington St., Kansas City 64114, metes and bounds, Book/Page 2012 E 0094063. Green Mountain Finance Fund II LLC to Prime Group LLC, 151 S. 18th St., Suite E, Kansas City, KS 66102, Lot 201 Highpoint, Book/Page 2012 E 0094098. Stratford Health Care Properties LLC to Hidden Lake Realty LLC, 31100 Solon Road, Solon, OH 44139, Parcel 1/part of the N.E. 1/4 of the N.E. 1/4 of Sec. 33/Township 49/Range 32 together with all of Lot 1 Stratford Health Care Properties and part of Lots 6-8 Woodbrook Place, Book/Page 2012 E 0094102. Eric D. Waier to Huff Enterprises LLC, 36103 E. Gardner Road, Oak Grove 64075, Tract C/all that part of the E. 1145 feet of the S. 1145 feet of the N.W. quarter of Sec. 33/Township 50 N./Range 29 W., Book/Page 2012 E 0094151. Real Returns LLC to American Real Estate Investments LLC, 7425 E. Washington St., Kansas City 64114, all that part of Lot 53 Beaufort, Book/ Page 2012 E 0094161. Siena Development Group LLC to SAB Construction LLC, P.O. Box 942, Lee’s Summit 64063, Lot 206A Siena at Longview, Book/Page 2012 E 0094192. Sales Oil Ltd. to Prairie State Energy LLC, P.O. Box 331, Lee’s Summit 64063, Lot 1 Larkin Acres, Book/Page 2012 E 0094208. Federal National Mortgage Association aka Fannie Mae to Stewardship Investments LLC, 7218 Troost Ave., Kansas City 64131, Lot 8 Milwood, Book/Page 2012 E 0094271. Delbert G. Elsasser/Mary Joe Elsasser aka Mary Jo Elsasser to KC Metro Homes LLC, 524 Walnut St., No. 210, Kansas City 64106, Lot 758 Ruskin Hills, Book/Page 2012 E 0094327. Shirley L. Griffitts to KC Capital, 1805 Burr Oaks Drive, Liberty 64068, Lot 12/Block 2 Englewood Court, Book/Page 2012 E 0094331. Shirley L. Griffitts to KC Capital, 1805 Burr Oaks Drive, Liberty 64068, Lot 13/Block 2 Englewood Court, Book/Page 2012 E 0094336. The PrivateBank to Dwellium LLC, 659 ArthurLeblanc Boucherville, Quebec, Canada J4B 8N8, all of Lot 36 and the S. 15 feet of Lot 37 Altamoor, Book/Page 2012 E 0094353. American Real Estate Investments LLC to Mysstique PP LLC, P.O. Box 1256, Geelong VIC 3220, Lot 2 Hickman Hills, No. 2, Book/Page 2012 E 0094466. American Real Estate Investments LLC to Abanic US Properties LLC, 5405 Wayne Ave., Kansas City 64110, Lot 43 Kathleen Ridge, Book/ Page 2012 E 0094487. Three Days LLC to Alicia Yuen Holdings 1 LLC, 5034 Forest Ave., Kansas City 64110, Lot 93 Southeast Garden Homes, Book/Page 2012 E 0094503. Tapped Inc. to TM Properties & Management Inc., 11327 Orchard Road, Kansas City 64134, Lot 10 Monegaw Place, Book/Page 2012 E 0094535. B&A Development LLC to TM Properties & Management Inc./Terrachel Mitchell, 11327 Orchard Road, Kansas City 64134, the N. 32 feet of the S. 126 feet of the E. 20 feet of Lot 8/Block 6 and the N. 32 feet of the S. 126 feet of Lots 9/10/ Block 6 Gage, Book/Page 2012 E 0094536. Federal National Mortgage Association aka Fannie Mae to Dennison Mahin LLC, 7054 Northern Ave., Raytown 64133, all that part of the N.W. quarter of the S.W. quarter of Sec. 3/ Township 48/Range 32 lying W. of the right of way of Woodson Road, Book/Page 2012 E 0094583. Patrick Ottensmeyer to Kirkwood Realty Co. LLC, 333 W. 11th St., Suite 101, Kansas City 64105, Unit 304 Kirkwood Circle Condominium, Book/ Page 2012 E 0094646. Wells Fargo Bank NA to Federal National Mortgage Association, 13455 Noel Road, Dallas 78240, Lot 143 Stonecreek, Book/Page 2012 E 0094655. Federal Home Loan Mortgage Corp. to Professional Quality LLC, 2586 Grape St., Denver 80207, the W. 41 feet of the E. 46.93 feet of Lot 12 except that part thereof in 67th St. Blenheim, Book/Page 2012 E 0094658. Fannie Mae aka Federal National Mortgage Association to ARF 3 LP, P.O. Box 1127, Redondo

Beach, CA 90278, Lot 21 except the N. 5 feet thereof Trustwood Hills, Book/Page 2012 E 0094664. B.M.W. Communities Inc. to Richard Mather Builders Inc., 13911 Norby Road, Grandview 64030, Lot 12 Highland Meadows, Book/Page 2012 E 0094678. CB Other Holdings II Inc. to Magic Woods Inc., 2300 N. Rogers Road, Olathe 66062, Tract I/Lot 4 Simonin, Book/Page 2012 E 0094696. Federal Home Loan Mortgage Corp. to American Real Estate Investments LLC, 7425 E. Washington St., Kansas City 64114, the N. 13 1/3 feet of Lot 41 and the S. 20 feet of Lot 42 Kemper Heights, Book/Page 2012 E 0094841. CitiMortgage Inc. to American Real Estate Investments LLC, 7425 E. Washington St., Kansas City 64114, Lot 14/Block 7 Vineyard Garden, Book/ Page 2012 E 0094853. Accelerated Wealth LLC to Kingdom Investments Unlimited Inc., 13301 Glendale Drive, Hagerstown, MD 21743, Tract 1/the S. 1 1/3 feet of Lot 7 and the N. 21 2/3 feet of Lot 8 Schell’s Orchard Hill/Tract 2/the S. 11 2/3 feet of Lot 8 and the N. 11 1/3 feet of Lot 9 Schell’s Orchard Hill, Book/Page 2012 E 0094860. Duplexes at Chapman Farms LLC to Rental Resources LLC, 4801 Main St., No. 1000, Kansas City 64112, Lot 16 The Gardens at Chapman Farms, Book/Page 2012 E 0094878. Kenneth E. Whittemore to Myers Properties LLC, 79 N. 33rd St., Kansas City 66102, Lot 16 and the N. 1/2 of vacated alley S. of and adjoining said Lot E Chellis, Book/Page 2012 E 0094890. Roma Mia LLC to Cupini’s Inc., 1809 Westport Road, Kansas City 64134, the N. 26.26 feet of Lot 41 Vogle Heights, No. 2, Book/Page 2012 E 0094934. CBK Properties LLC to American Real Estate Investments LLC, 18011 E. U.S. Highway 24, No. 2-A, Independence 64056, Lot 27/Block 7 East Linwood, Book/Page 2012 E 0095021. Geraldine R. Tetlow to TTDreamhouse LLC, 301 Russell Drive, Apt. 79, Jonesboro, AR 72401, Lot 5 Karr’s Big Chief except that part deeded for road, Book/Page 2012 E 0095061. Spettro USA Inc. to KOL Holding LLC,, No. 25-52112 Range Road 222 Sherwood Park, Alberta, Canada T8C 1H6, all of Lot 141 Country Club, Book/Page 2012 E 0095137. Federal National Mortgage Association aka Fannie Mae to D&C Enterprises LLC, 5413 Neosho Ave., Fairway 66205, Lot 9 Sadie Witschner, Book/Page 2012 E 0095150. PHH Mortgage Corp. to Federal National Mortgage Association, 14221 Dallas Parkway, Dallas 75254, Lot 24 except the S. 2 feet and the S. 4 feet of Lot 23 Parkway Manor, Book/Page 2012 E 0095183. Katherine J. Canfield fka Katherine J. Baker/ Charles E. Canfield et al. to BP Products North America Inc., 1000 N. Sterling, Sugar Creek 64053, Lots 174/175 Jackson Lithia Place, Book/Page 2012 E 0095214. Stanley L. Taylor/Aisha N. Taylor to Common Sense Investing Inc., 10400 E. Bannister Road, Kansas City 64134, Lot 30 Highview Estates, Book/ Page 2012 E 0095246. American Real Estate Investments LLC to IPS Enterprises LLC, 1/2 Cove Ave., Manly NSW 2095, Australia, all of the E. 1/2 of Lot 9 Swope Park Summit, Book/Page 2012 E 0095252. John M. and Elizabeth P. Glowik to KHG Properties LLC, 708 S.E. Southbrooke Court, Blue Springs 64014, Lot 17 Southbrooke, Book/Page 2012 E 0095307. North Oaks Partners Inc. to Associated Group LC, 560 S. 300 E., Salt Lake City 84111, part of Lot 1 Pendleton’s Blue Ridge Place, Book/Page 2012 E 0095343. Peter J. and Natasha Jordan to American Real Estate Investments LLC, 7425 E. Washington St., Kansas City 64114, Lot 295 Blenheim, Book/Page 2012 E 0095365. Neighborhoods United to KC Home Deals LLC, 421 N. Central Ave., Upland, CA 91786, Lot 384 Benton View, Book/Page 2012 E 0095407. Federal Home Loan Mortgage Corp. to Motex 4 LLC, 17564 Seneca Springs, College Station, TX 77845, Lot 70 all of Lots 62-84 and A. Bowling Green, Book/Page 2012 E 0095410. Robert W. and Lynn M. George to Kingsley Management International LLC, 16220 Foster St., Overland Park 66085, all that part of Lot 2 Ridenour, Book/Page 2012 E 0095412. Federal National Mortgage Association to R and W Realty LLC, 3801 S. Grand Ave., Independence 64055, Lot 66 Raytown Manor, Book/Page 2012 E 0095434. National Bank of Kansas City to World of VW Inc., 16 E. 79th St., Kansas City 64114, Lot 112 Corbin Place, Book/Page 2012 E 0095489. CLAY COUNTY

Jerry W. Stevens/Linda Stevens to Nordiak Inc., 1319 Camille St., Liberty 64068, all of Lot 2 and all of Tract B Henson Farm, Book/Page 6911/152. McBride & Son Homes Land Development Inc. to MSH Syndicated Holding LLC, 1000 S. York Road, Third Floor, Elmhurst, IL 60126, Lots 28-30/36-44 inclusive Brighton Crossing, Book/Page 6911/159. McBride & Son Homes Kansas City LLC to MSH Syndicated Holdings LLC, 1000 S. York Road, Third Floor, Elmhurst, IL 60126, Parcel 1/Unit 3A/Building 33/Units 1A/1B/1C/Building 35 Brighton Crossing Condominium/Parcel 2/part of Lot 2 Brightons Crossing, Book/Page 6911/160. Donald W. Gray/Nancy A. Gray to Monroe Properties LLC, 15513 N. Bales Road, Smithville 64089, Tract 1/Parcel A/all that part of the S. half of the N.E. quarter of the N.W. quarter of Sec. 26/ Township 51/Range 33, Book/Page 6911/18. CitiMortgage Inc. to Federal National Mortgage Association, P.O. Box 650043, Dallas 75265, Lot 30/Block 15 New Mark, Book/Page 6911/3. MCK Partnership to Integrity Homebuilders, 8015 Windsor Drive, Kansas City 64176, Lots 69/70/79/87/88 Montclair, Book/Page 6912/101. Deborah Trillin to Current Properties Investments LLC, 1831 S.W. Market St., Lee’s Summit 64082, Lot 8/Block 27 Meadowbrook North, Book/Page 6912/83. Larabrooke Homes Inc. to Presko Custom Homes LLC, P.O. Box 11115, Kansas City 64119, all of Lots 26/27/Block 15 except that part condemned for highway purposes, Book/Page 6913/19. Suncrest Investment Properties LLC to 203 Holdings LLC, 200 E. 14th Ave., North Kansas City 64116, all that part of the S.E. one-quarter of the N.E. one-quarter of Sec. 23/Township 50/Range 33, Book/Page 6913/56. Fannie Mae aka Federal National Mortgage Association to Moto Properties LLC, P.O. Box 14245, Parkville 64152, Lot 16 Richfield, Book/Page 6913/90. Trophy Homes Inc. to Hearthside Homes of Kansas City Inc., 6601 Royal St., Building A, Pleasant Valley 64068, all of Lot 58 Trails of Brentwood, Book/Page 6914/1. Barry Ridge Homes LLC to Northview Meadows Homes LLC, 8901 N. Brighton Ave., Kansas City 64156, Lot 18 Northview Meadows, Book/Page 6914/101. Trophy Homes Inc. to Hearthside Homes of Kansas City Inc., 6601 Royal St., Building A, Pleasant Valley 64068, Lot 59 Brentwood Hills, Book/Page 6914/3. McNary-Higdon Development Co. to First Choice Custom Homes LLC, P.O. Box 22473, Kansas City 64113, all of Lot 15 Oakwood Estates, Book/Page 6914/44. Northland Expansion LLC to Heartland Regional Medical Center, 5325 Faraon St., St. Joseph 64506, part of Lot 3 Tower Plaza, Book/ Page 6915/113. George Michael Bedinger/Anna Margaret Bedinger to Canuteson Town Square Properties LLC, 20 E. Franklin, Liberty 64068, part of Lot 123 Original Town of Liberty, Book/Page 6915/23. Steven K. and Amber Waisner/Matthew D. Waisner to 1330 N.E. Vivion Rd. LLC, 13900 N.W. Timber Ridge St., Kansas City 64152, a tract of land in the S.E. 1/4 of the S.W. 1/4 of Sec. 36/ Township 51/Range 33, Book/Page 6915/6. McNearney Pittenger & Associates LLC to CommunityAmerica Credit Union, 11501 Blue Ridge, Second Floor, Kansas City 64134, Lot 62 Deerfield, Book/Page 6916/102. DCL Tract III LLC to Robertson Construction LLC, P.O. Box 876, Liberty 64069, Lot 133 Hunters Glen North, Book/Page 6916/111. Wells Fargo Bank NA to Federal Home Loan Mortgage Corp., 3476 Stateview Blvd., MAC, No. X7801-013/FC, Fort Mill, SC 29715, commencing at a point 12 feet N. of the S.W. corner of Lot 16 Linden Heights, Book/Page 6916/94. Trophy Homes Inc. to Hearthside Homes of Kansas City Inc., Lot 67 Brentwood Manor, Book/ Page 6917/102. Sharynne T. Thoma to KC Capital, 1805 Burr Oaks Drive, Liberty 64068, Lot 13/Block 1 Crestview, Book/Page 6917/135. KCB Bank to JC Homes LLC, 164 S. Main St., No. 421, Parkville 64152, all of N. 85 feet of S. 113 feet of Tract 23 measured along E. side Meadowbrook except there from W. 87.27 feet of said Tract 23 measured along S. line thereof Village of Claycomo, Book/Page 6917/140. BPI Midwest to Amber Lakes Homes, Lot 471 Amber Lakes, Book/Page 6917/37. Brookfield Residential LLC/Missouri to Distinctive Homes by J&K Properties Inc., 1801 N.W. Platte Road, Suite 226, Riverside 64150, Lot 36 The Preserve, Book/Page 6918/113.

DCL Tract III LLC to Robertson Construction LLC, P.O. Box 876, Liberty 64069, Lot 119 Hunters Glen North, Book/Page 6918/127. First State Bank of Kansas City KS to Friedley Properties LLC, P.O. Box 901264, Kansas City 64190, Lots 1-22/25-40/Tract A The Woods of Maple Hills, Book/Page 6918/168. Jeffery and Rebecca Jenkins to Call Investments LLC, 4216 N. Hickory Lane, Kansas City 64116, Lot 19/Block 1 Antioch Acres, Book/ Page 6918/175. Maggie E. Gardner to Two Mikes Investment Properties LLC, 9811 N.E. 96th Terrace, Kansas City 64157, all of the E. 148.72 feet of Lot 27 except the E. 74.36 feet thereof Kaill Pleasant Valley Acres, Book/Page 6919/114. Scott Nguyen to SMN Investments LP, 2309 N.E. 35th Court, Kansas City 64116, Lot 104 Kinsley Forest Estates, Book/Page 6920/13. Commerce Bank fka Commerce Bank NA to BB Capital, all of Lot 1/Block 2 Park Tower, Book/ Page 6920/158. PHH Mortgage Corp. to Federal National Mortgage Association, 14221 Dallas Parkway, Dallas 75254, all of Lot 63 Oak Tree, Book/Page 6920/203. DCL Tract II LLC to Robertson Construction LLC, P.O. Box 876, Liberty 64069, Lot 281 Brooke Haven, Book/Page 6920/8. Fannie Mae aka Federal National Mortgage Association to BB Capital, 6618 Nebo Hills Road, Liberty 64068, all of Lot 12/Block 10 Stratford Park, Book/Page 6920/88. Darren L. and Peggy S. Shaffer to KAD Investments Inc., P.O. Box 1580, Platte City 64079, Lot 10 Rollins’ Landing, Book/Page 6921/21. DCL Tract I LLC to Robertson Construction LLC, P.O. Box 876, Liberty 64069, Lot 447 Brooke Ridge, Book/Page 6921/23. PLATTE COUNTY JDB Investments Inc. to Jay Jackson Builders Inc., 6110 N.W. Hickory, Parkville 64152, Lot 17 Montebella, Book/Page 1196/267. William E. Leftridge/Tracy L. Leftridge to Geisert Holdings LLC, 6712 N.W. 102nd, Kansas City 64154, Lot 64 Hawksbury, Book/Page 1196/522. Hunt Midwest Residential LLC to PC Homes LLC, 2501 N.E. 102nd Terrace, Kansas City 64155, Lot D/Building 12A/12B/12C/12D Fox Creek Townhomes, Book/Page 1196/608. Hunt Midwest Residential LLC to PC Homes LLC, 2501 N.E. 102nd Terrace, Kansas City 64155, Lot D/Building 11A/11B/11C/11D Fox Creek Townhomes, Book/Page 1196/610. WB LLC to Dan Rowe Properties LLC, 3016 N.W. 62nd Terrace, Kansas City 64151, Lot 12 Drakes Crossing, Book/Page 1196/657. National Residential Development Co. to Casa Bella Construction, 9137 N. Flora, Kansas City 64155, Lot 18 A National, Book/Page 1196/660. Peterson Development Co. Inc. to Casa Bella Construction, 9137 N. Flora, Kansas City 64155, Lot 13 Embassy Park, Book/Page 1196/681. Zachary Holmes/Melissa Holmes to Dan Rowe Properties LLC, 3016 N.W. 62nd Terrace, Kansas City 64151, Lot 12/Block 2 Park Hills, Book/Page 1196/700. Marguerite Edwards/O. Wylie Riddle/Beverly Eunice Riddle to BR Northpoint LLC, 6300 N. Revere Drive, Suite 225, Kansas City 64151, Lot 3 Riverside, Book/Page 1196/790. Northland Expansion LLC to Heartland Regional Medical Center, 5325 Faraon St., St. Joseph 64506, Lot 11 Parkville Commons, Book/ Page 1196/816. Jean L. Decheff to Quest Leasing LLC, Lot 21/ Block 16 Platte Ridge, Book/Page 1196/979. Regions Bank to Federal National Mortgage Association, 14221 Dallas Parkway, Dallas 75254, Lot 99 Tiffany Greens, Book/Page 1196/981.

BUILDING PERMITS COMMERCIAL JOHNSON COUNTY OVERLAND PARK City of Overland Park, commercial construction at 12401 Hemlock St., (outdoor patio), $120,000, 1,600 square feet. JACKSON COUNTY Gardner Construction Co. Inc., commercial alteration at 25 N. Amsterdam Circle, Terminal A, $470,000. Genesis Construction Mgt. LLC, commercial alteration at 603 W. 47th St., Skelly Building, $65,000.


| PEOPLE ON THE MOVE |

SEPTEMBER 21-27, 2012

KANSAS CITY BUSINESS JOURNAL |

27

kansascitybusinessjournal.com

Business to Business Expo

The Kansas City Business Journal invites you to share news of new employees or promotions. If you would like to submit a photo with your item, electronic photos must be in color, no less than 300 ppi and JPGS or TIFS. Because of space and layout considerations, photos are not guaranteed to run. Submit your People On The Move online at www.bizjournals.com/kansascity/potm/form.

ACCOUNTING

McGuire Kyle McGuire has been promoted to manager tax services at Marks Nelson Vohland Campbell Radetic. Previously, McGuire was supervisor.

center manager at Bank of Blue Valley. Previously, Dean was banking center manager. Brandon Meyers has been promoted to vice president/commercial construction loans at Bank of Blue Valley. Previously, Meyers was assistant vice president/commercial construction loans.

FINANCIAL SERVICES Michael Donnici has joined Central Trust & Investment Co. (affiliated with Metcalf Bank) as vice president and relationship manager.

Allen Chad Allen has been promoted to manager assurance and business advisory services at Marks Nelson Vohland Campbell Radetic. Previously, Allen was supervisor. Allen joined the firm in 2007 as an audit supervisor.

BANKING

McAfoos Michelle McAfoos has been promoted to regional director, private banking, central states region at M&I Wealth Management, a part of BMO Financial Group. Previously, McAfoos was private bank manager, Kansas City. McAfoos will be responsible for oversight of the operations, business development and client relationships of her three private bank teams as they manage the financial activities for clients with investable assets in excess of $1 million. She has more than 20 years of industry experience and has been with M&I for the past 10 years. Liz Dean has been promoted to assistant vice president/banking

Katherine Howell has been appointed senior vice president and chief nurse executive for Saint Luke’s Health System. Previously, Howell was CEO of Saint Luke’s South Hospital. Howell is responsible for the structure and continued advancement of nursing. Howell joined Saint Luke’s in 2001 and became CEO of Saint Luke’s South in 2009.

September 26, 2012 • 1-5 pm

Reardon Convention Center • 500 Minnesota Ave. • Kansas City, KS 66101

Jones

Abdeljalil

Dr. Crystal Jones has joined University Physician Associates as doctor in community and family medicine. She completed a family medicine residency and a geriatric medicine fellowship at the University of MissouriKansas City School of Medicine.

Dr. Asem Abdeljalil has joined University Physician Associates as doctor in the department of medicine. Abdeljalil was a pulmonary critical care consultant with Carolina Health Care in Florence, S.C.

Jatanalin Dr. Pim Jatanalin has joined University Physician Associates as doctor in the department of medicine. She completed her internal medicine residency at Bassett Healthcare at Columbia University.

LEGAL James Luce has joined Brumbaugh & Quandahl PC as associate attorney. Previously, Luce was associate attorney at Carter Law Offices. Luce will represent creditors in Kansas and Missouri courts.

REAL ESTATE

Kluender

Inboriboon Dr. P. Charlie Inboriboon has joined University Physician Associates as doctor in emergency medicine. He most recently was an emergency medicine physician and assistant professor at University of California-San Diego.

Evelyn Kluender has joined Block Real Estate Services as accounting administrator. Previously, Kluender was accounting freight clerk at Gavilon, formally DeBruce.

Daniels Phillip Daniels has joined Block Real Estate Services as accounting administrator.

TECHNOLOGY

Sagraves Dr. Scott Sagraves has joined University Physician Associates as doctor in FACS/department of surgery. Most recently, he was associate professor at the Brody School of Medicine at East Carolina University in Greenville, N.C.

Booth space still available

GEttinG nEw BusinEss!

HEALTH CARE Jani Johnson has been named as president and CEO of Saint Luke’s South Hospital. Johnson joined Saint Luke’s Health System as a staff nurse in 1985. In 2002, she beacme vice president of the cardiovascular service line for the health system and Mid America Heart Institute.

2012

Christian Dr. Michael Christian has joined University Physician Associates as doctor in emergency medicine. Christian completed his emergency medicine residency at the University of Chicago.

Jeff Bishop has been promoted to director of software development at AOScloud LLC. Previously, Bishop was data management team lead. Bishop leads a talented staff of .Net and SQL developers. Bishop has been with the company eight years.

Presenting Sponsors

Media Sponsors


| CLASSIFIEDS |

28 | KANSAS CITY BUSINESS JOURNAL

SEPTEMBER 21-27, 2012

AUCTIONS

More Mayo Real Estate Auctions 4241 Montgall Ave. KCMO This 3 bedroom bungalow is ready for an easy rehab and will sell to the highest bidder regardless of price. This home would make for a great rental property with cash flow potential.

3122 Agnes Ave. KCMO This 4-Plex is ready for an easy rehab and will sell to the highest bidder regardless of price. This property would make for a great rental property with cash flow potential.

Bidding Ends September 27th

AuctionByMayo.com BID ONLINE NOW!

KS: 913-390-9393 or MO: 816-361-2600

For more information visit our website, or call 816-781-1134.

Mission Hills Home

NOTICE OF PUBLIC AUCTION SALE On September 27, 2012, at 10:00 a.m. Central Time, at the Mill Brewing Company, located at 114 Guttenberg Street, Hermann, MO 65041, the following property of Tin Mill Brewing Company, LLC, a Missouri limited liability company (together with its successors and assigns, the “Debtor”), whether now owned or hereafter acquired, whether now existing or hereafter arising, and wherever located (the “Collateral”), will be sold at public auction on behalf of a foreclosing creditor pursuant to Article 9 of the Uniform Commercial Code: all Equipment, Furniture and Fixtures, together with: (a) all accessions, attachments, accessories, tools, parts, supplies, replacements of and additions to any of the property described as Collateral, whether added now or later; (b) all products and produce of any of the property described as Collateral; (c) all accounts, general intangibles, instruments, rents, monies, payments, and all other rights, arising out of a sale, lease, consignment or other disposition of any of the property described here as Collateral; (d) all proceeds (including insurance proceeds) from the sale, destruction, loss, or other disposition of any of the property described here as Collateral, and sums due from a third party who has damaged or destroyed the Collateral or from that party’s insurer, whether due to judgment, settlement or other process; and (e) all records and data relating to any of the property described here as Collateral, whether in the form of a writing, photograph, microfilm, microfiche, or electronic media, together with all of Debtor’s right, title, and interest in and to all computer software required to utilize, create, maintain, and process any such records or data on electronic media. The terms of the sale shall be all cash, with 10% of the cash purchase price being due immediately following the sale, and the balance thereof to be paid in cash by 2:00 p.m. Central Time, September 27, 2012, at the location above identified. The foreclosing creditor may bid its debt. The property will be offered separately first and then in bulk. The property will be sold in bulk, unless the aggregate for the highest and best bids submitted for the property separately is greater than the highest and best bulk bid. The sale shall be “AS IS, WHERE IS”, and made without any representation or warranty of any kind whatsoever. ANY IMPLIED WARRANTIES ARE EXPRESSLY DISCLAIMED. With respect to any Collateral which is affixed to a building, prior to removing any such Collateral, the successful bidder for the property must make arrangements satisfactory to the building owner to address physical injury that may result to the building from removal of such Collateral. Questions regarding this auction should be directed to Cheryl Kelly, Esq. (direct ph: 314-552-6167; direct fax: 314-552-7167) at Thompson Coburn LLP (main ph: 314-552-6000; main fax: 314-552-7000).

Upcoming Mayo Auctions Tool Auction

Table Saws, Planers, Band Saws, Pressure Washer, Air Compressors, Miter Saws, Chain Saws, Ladders, Assorted Hand Tools, Wet Saw & So Much More.

Ericsson in Overland Park, KS seeks a Technical Support Engineer to act as a subject matter expert and highest point of technical problem escalation within the iOSS - OSS Planning, Architecture & Business Tools team for customer experience metrics. Requires Masters or foreign equivalent in Engineering, Computer Engineering, Computer Science, or related field plus 2 years experience in designing and developing software applications for wireless telecommunications utilizing .Net, Linux, Unix, XML, Voice XML, C/ C++/C#, Java, PHP, Perl, and SQL. To apply, email resume to

Eus.Jobsearch.T@ericsson.com and MUST reference Job ID# 12-KS-TSE-1346.

DEVELOPMENT LAND

AUCTION 38

Selling at AC + online auction /38 ac w/2,300+ ft of Highway 7 frontage

( )

Combined Estate Auction

Zoned A-1su

om on.cm. i t @ c w u 4p. No n d A Bid tyLa t. 6 @ oun Oc onC nds

1959 Ford F700 Fire Truck, All Terrain Mower, N.B. Jewett & Co. Pump Reed Organ, Kitchen Appliances, Restaurant Equipment, Quality Furniture, Backyard Gazebo & Much More. Don’t miss the opportunity to own these items at YOUR price.

AuctionByMayo.com BID ONLINE NOW!

KS: 913-390-9393 or MO: 816-361-2600

CAREER OPPORTUNITIES

Technical Support Engineer

JACKSON COUNTY

PO#101812GEB-KCBJ(Sept 21 & 28).indd 1

Park University Director, Graduate Admissions and Internationalization:

(Kansas City, MO) Direct admissions requirements for graduate degree and certificate programs. Master’s in Education, 2 yrs. experience in graduate student admissions. For complete details and to apply, please go to www.park.edu

E ks Jac dding Bi

For Auction Info

a few inches

9/19/12 11:56 AM

can sell a lot of

SQUARE FEET

Call Stacie Prosser for more information,

816.777.2225

816-399-9627 Incredible Investment Opportunity

Opening Bid

Only 16% of List Price

Get your FREE

Daily Update

e-mail news alerts Receive top Kansas City business news stories

www.kansascitybusinessjournal.com/dailyupdate What’s a Daily Update e-mail? The Daily Update e-mail delivers the top stories from your local business journal straight to your inbox. The email is sent Monday - Friday at 3 pm.


Opinion

SEPTEMBER 21-27, 2012

kansas city business journal |

29

kansascitybusinessjournal.com

Business Journal K A N S A S

C I T Y

Established 1982

1100 Main St., Suite 210 Kansas City, MO 64105 816-421-5900 Fax: 816-472-4010 e-mail: kansascity@bizjournals.com

Publisher: Joyce Hayhow jhayhow@bizjournals.com editorial Editor Brian Kaberline bkaberline@bizjournals.com Managing Editor Russell Gray rgray@bizjournals.com

Multimedia Designer Brad Harbold bharbold@bizjournals.com

advertising Director of Advertising Sales Stacie Prosser sprosser@bizjournals.com

Associate Editor of Online Content Suzanna Stagemeyer sstagemeyer@bizjournals.com Senior Account Executives Design Editor Therese McGill Chris Curry tmcgill@bizjournals.com ccurry@bizjournals.com

| editorial |

McDonnell, DST deserve thanks

W

ith longtime CEO Tom McDonnell set to retire, colleagues at DST Systems Inc. aren’t the only ones who should take a moment to thank him for his years of service. McDonnell and DST have been active, vital partners in the renaissance of downtown Kansas City. During McDonnell’s leadership, the company populated the west end of the Downtown Loop with new — filled — office stock and shared incentives to bring its neighbors’ older buildings back up to speed. The company provided the real estate muscle to assemble land for H&R Block Inc.’s new headquarters building and the Kansas City Power & Light District. It stepped in as a developer to bring thousands of Internal Revenue Service workers to Downtown and stood ready to do the same to attract a new federal office building. Friends in the business community say McDonnell also has invested much time and energy to help businesses get a foothold in the area through mentoring and hooking up companies with potential customers. McDonnell followed the old Kansas City Southern model of civic involvement. He was ready to speak up — and put up the company’s muscle — when there was important work to be done but silent when it came to accepting personal credit. Kansas City is fortunate to have many business leaders who are generous with their time and whose companies sponsor worthy causes. But it’s hard to find corporate leaders quite like McDonnell in an age when executives spread their careers across several companies and cities. Although it appears very likely that DST will reduce its level of direct involvement and investment in local causes, few think McDonnell will retire from the civic arena. Regardless, it is a fitting time to be thankful for the efforts of DST under McDonnell and to hope that their examples inspire others to build on their work.

Staff Writers

Schramm’s unflattering remarks on KC miss some key points

I

f Carl Schramm’s ears were burning this past week, it’s no surprise. The former head of the Kauffman Foundation referred to Kansas City as America’s “least dynamic town — it won’t grow and it won’t shrink.” Schramm’s comments came in an article, “The Town-Gown Connection,” posted on the George W. Bush Institute website and widely circulated around the KC business community. Schramm says the most reliable indicator of a city’s health is whether employment is expanding or contracting. He’s correct in that KC’s job growth has been flat recently, but his broad-brush dismissal of our community overlooks a number of factors. He points out that GUEST the nation’s fastCOLUMN est-growing cities — Seattle, San DiJim ego and Columbus, Heeter Ohio — all have a strong university. Kansas Citians certainly agree on that point — there’s been a concerted and successful effort to make UMKC Kansas City’s great university since the Greater Kansas City Community Foundation’s “Time to Get It Right” report. That report listed two areas of strength, and ripe for investment, at the university — performing and visual arts and the entrepreneurship program at the Bloch School. Thanks in large part to the leadership of Chancellor Leo Morton and Missouri Board of Curators member Warren Erdman, great things

are happening. Schramm stresses that universities need to become “schools for creative entrepreneurs.” Well, the Bloch School of Management at UMKC is now recognized as one of the best entrepreneurial teaching and research schools in the nation (see The Princeton Review). And Henry Bloch’s recent $32 million gift to the university will fund a new state-of-the-art facility, the Henry W. Bloch Executive Hall for Entrepreneurship and Innovation. As for strengthening the university’s performing and visual arts, studies on the feasibility, cost and possible locations for a new downtown arts campus are complete. Efforts now are focused on fundraising — civic and philanthropic support will be important for this initiative, one of the Greater Kansas City Chamber of Commerce’s Big 5 goals for “Big KC.” Schramm says job creation makes a healthy city, and we certainly agree. Job creation is a key element of all the chamber’s Big 5 initiatives, whether it’s bringing new jobs to our urban center, supporting entrepreneurship or bolstering life sciences, the KC Animal Health Corridor and the arts. Schramm overlooked those efforts, as well as things like the addition of Google Fiber, NCI designation for the University of Kansas Cancer Center, the critical mass of clinical research facilities, etc. Mr. Schramm may not be looking back at his former city of employment, but we’re certainly looking forward. And anticipating good things. Jim Heeter | Heeter is president and CEO of the Greater Kansas City Chamber of Commerce.

Susie Prosser soprosser@bizjournals.com

James Dornbrook jdornbrook@bizjournals.com Account Executives FINANCIAL SERVICES, André Davis MANUFACTURING, aldavis@bizjournals.com BANKING Brenna Hawley bhawley@bizjournals.com REPORTER/COPY EDITOR Paul Koepp pkoepp@bizjournals.com LEGAL, UTILITIES, ADVERTISING/MARKETING Alyson Raletz araletz@bizjournals.com TECHNOLOGY, TELECOM

Scott Lightner slightner@bizjournals.com

subscriber services Audience Development Director Kent Barthol kbarthol@bizjournals.com

Circulation Account Executive David Twiddy davidtwiddy@bizjournals.com Matt Scott mattscott@bizjournals.com HEALTH CARE, TRANSPORTATION Steve Vockrodt svockrodt@bizjournals.com REAL ESTATE, DEVELOPMENT

administration Business Manager Kathy Barajas kbarajas@bizjournals.com

Autumn MorningSky amorningsky@bizjournals.com Bookkeeper/ WEB PRODUCER Credit Manager Juli Norman Jonna Lorenz jnorman@bizjournals.com jlorenz@bizjournals.com DIRECTOR OF RESEARCH Event Coordinator Christine Lockyer Davis creative services clockyer@bizjournals.com Director of Creative Services Jim Hinds jhinds@bizjournals.com

Administrative Assistant Geri Hennessy-Lantz ghennessy-lantz@bizjournals.com

Kansas City Business Journal is a publication of American City Business Journals Inc., 120 W. Morehead St., Suite 400, Charlotte, NC 28202 Whitney Shaw, President and CEO Ray Shaw, Chairman (1989 to 2009) Copyright 2012. All rights reserved. Business Journal Publications Inc., dba Kansas City Business Journal. Reproduction or use without permission of editorial or graphic content in any manner is prohibited. Kansas City Business Journal is a Copyright Clearance Center registered publication.


| FROM THE FRONT |

30 | KANSAS CITY BUSINESS JOURNAL

SEPTEMBER 21-27, 2012

kansascitybusinessjournal.com

LEAD BANK Assets: $84.3 million Net loans and leases: $57.6 million Problem loans: $802,000 Problem loan ratio: 1.39 percent Equity capital: $7.3 million Local branches: 1

FIRST COMMUNITY BANK Assets: $609 million Net loans and leases: $430 million Problem loans: $11.7 million Problem loan ratio: 2.73 percent Equity capital: $53.7 million Local branches: 8 SOURCE: Federal Deposit Insurance Corp., as of June 30.

jdornbrook@bizjournals.com | 816-777-2215 | Twitter: @Dornz

ue-added space,” Rooke said. The combination appears to have paid off for both sides. Lexmark helped Perceptive with the heavy lifting of global expansion. Since the purchase, Lexmark acquired Australia-based ISYS Search Software for $32 million, Boston-based Nolij Corp. for $32 million, Virginia-based Brainware Inc. for $148 million and Dutch software company Pallas Athena for $50.2 million. In turn, Perceptive has broadened Lexmark’s portfolio. “Pre-Perceptive, we were very much a hardware-centric company,” Rooke said. “Now, we have a much bigger toolbox, and we can create a lot more interesting and deeper solutions with our customers than we’ve ever had before.” That’s big because Lexmark’s core business hasn’t fared well. Lexmark’s second-quarter earnings were down more than 61 percent to $39.2 million, or 55 cents a share. Last month, the company said it would eliminate roughly 1,700 positions worldwide, including 1,100 manufacturing positions. The layoffs, which didn’t affect Percep-

tive, stemmed from the company’s exit from the inkjet hardware business. Rooke said the “tough decisions” were necessary to help Lexmark focus on the growth of its laser printing business, which has been masked by the decline of the legacy inkjet business. Technology analyst Brian Alexander, of Raymond James & Associates Inc. in St. Petersburg, Fla., said Lexmark’s purchase of Perceptive is furthering its goal of capturing revenue from customers looking to manage their document flow electronically. “To me, it seems like it’s a hedge against a paperless office,” Alexander said. “They’re primarily a printer company, and it’s a way for them to capture incremental profits should businesses decide to print less. They probably don’t pitch it that way.” So far, he said the Perceptive acquisition has generated some cross-selling opportunities. “But most of Wall Street is focused more on how much will (Lexmark’s) core business shrink as opposed to how much will Perceptive grow,” he said. araletz@bizjournals.com | 816-777-2234 | @AlysonRaletz

PERCEPTIVE SOFTWARE’S NEW HQ

435 Village Green at City Center City Center North Village

City Center Northeast Village

W. 87th St. Parkway

Cottonwood Golf Club Canyon North of Kansas

City Center Lenexa

City Center East Village

Renner Blvd.

FROM PAGE 3

BRAD HARBOLD, CHRIS CURRY | KCBJ

TRUCK: Buyer interest changes deals from leases to sales JOCO MEDICAL BUILDINGS SELL

435

111th St.

d Roa sion Mis

ence building First Community Bank into the 13th-largest bank headquartered in the Kansas City area, based on assets. “It’s hard to describe in words what a great job he did for First Community Bank,” said Jack Fields, chairman and CEO of First Community Bank. “Greg and I started 33 years ago, and the bank grew from $2 million in assets to $630 million. It was all internal growth. We didn’t go out and acquire other institutions.” Fields said Bynum designed a home equity loan program for First Community Bank that reached a volume of $29 million a month. First Community Bank is in the process of merging with Wichitabased Equity Bank, a deal scheduled to close on Oct. 1. Fields said he’ll miss working with Bynum, but Bynum thinks he has a better long-term opportunity at Lead Bank. Rowland said Bynum takes over the president’s job from Greg Bryant, who remains CEO of Lead Bank. Rowland said Bynum is being groomed to evenBynum tually succeed Bryant. “I think the opportunity to be associated with the Rowland family is so positive,” Bynum said. “The impact they’ve had on the entire Kansas City metropolitan area and their commitment to the small businesses and the startup of small businesses is exciting to me.” Bynum said he especially liked programs such as Lead Ventures, a business accelerator that awards free consulting, accounting, marketing and other assistance to qualifying small businesses. The program is unique among area banks, helping Lead Bank forge a nice niche in offering financial services to small businesses. “I’ve known Greg Bryant for a short period of time, but he has a great reputation, and with all of the things Lead Bank has planned in the future, there is going to be plenty for both of us to do,” Bynum said. “I think we complement each other, and I look forward to working with him, as well as Josh, in this new phase of my career.”

PERCEPTIVE: Deal gives Lexmark ‘much bigger toolbox’

College Blvd. Tomahawk Cree k Pa rkw ay

FROM PAGE 3

PERCEPTIVE SOFTWARE LLC

Perceptive Software LLC’s new 240,000-square-foot headquarters will be in Lenexa City Center.

Roe Ave.

BANK: Next stop for Bynum is CEO

JIM HINDS, CHRIS CURRY | KCBJ

FROM PAGE 3

than $4 million. Mike Lanning, a Cassidy Turley senior vice president who was a broker with CB Richard Ellis when the sale closed, said the price was among the higher persquare-foot rates for an owner-occupier in the Kansas City area. He represented the building’s seller, Harrison Street & Montecito, a medical real estate investment joint venture between Harrison Street Real Estate Capital LLC and Montecito Medical Acquisition Co. Mike Levitan and Tim Schaffer of RED Brokerage LLC represented Murphy-Hoffman. Lanning also represented Harrison Street & Montecito in another nearby medical office building sale. Peters & Associates Inc., an architecture firm in Overland Park, bought the 18,043-square-foot medical office building at 4801 College Blvd. It fetched $165 a square foot, or nearly $3 million. Peters & Associates, which was un-

represented, plans to offer the building for lease. Lanning said most medical office buildings typically sell for $90 to $120 a square foot. “It’s a combination of the quality of the buildings and the location of the buildings,” Lanning said. “With the Tomahawk Creek building, it was a specialized use where the buyer of the building is redeveloping the use from a medical office building to a corporate office.” Both buildings originally went on the market for lease. But Lanning said buyer interest was high enough to persuade Harrison Street & Montecito to sell the assets. Ray Sonnenberg, a broker for LaSala-Sonnenberg Commercial Realty Co. whose listings sometimes include medical office buildings, said medical office has remained a strong sector in commercial real estate. “Medical office is still not the darling multifamily is, but it’s preferred,” he said. svockrodt@bizjournals.com | 816-777-2206 | Twitter: @st_vockrodt


SEPTEMBER 21-27, 2012

| FROM THE FRONT |

KANSAS CITY BUSINESS JOURNAL |

31

kansascitybusinessjournal.com

AWG: Lawyer’s testimony calls practice per se illegal FROM PAGE 1

tronage system.” Moark LLC, a California-based egg producer, argues in its Aug. 27 countersuit that AWG fixes prices horizontally between members, meaning egg producers don’t get fair market value. Essentially, Moark argues that if AWG wins damages through the Kansas Restraint of Trade Act, Moark should recover from AWG in return using the same theory. “We do not believe their counterclaim has any merit,” said AWG’s attorney, Pat Stueve of Stueve Siegel Hanson LLP. He added that it should have been filed along with Moark’s answer in June. United Egg Producers also is a defendant Stueve in AWG’s case and represents 95 percent of the eggs produced in the country. It filed a motion to dismiss rather than a counterclaim because it did not sell eggs directly to AWG members, said Joe Rebein of Shook Hardy & Bacon LLP, the industry group’s lawyer. The May court decision, O’Brien v. Leegin, instructs Kansas courts to broadly read the state’s antitrust law to forbid almost all forms of price-fixing. Moark’s countersuit cites Stueve’s testimony to a legislative committee, days after the Leegin antitrust ruling, that horizontal price-fixing between direct competitors — such as co-op members — is per se illegal. Dan Crabtree of Stinson Morrison Hecker LLP represents Moark. Some observers see Leegin as a radical sea change, opening the courtroom doors to claims that all kinds of routine business arrangements, such as non-

FROM PAGE 1

Local AWG members involved in the suit are Balls Food Stores, the Cosentino Group Inc. and McKeever’s Enterprises Inc. Trial is set for February 2014. AWG had revenue of $7.77 billion in 2011, making it the area’s second-biggest private company. The profits from leveraging its buying power with suppliers are passed along at the end of each year to its 575 members, which collectively have 2,600 stores in 24 states. The egg case isn’t AWG’s only foray into antitrust fights as a plaintiff. Its suit against Cadbury and other chocolate makers was transferred into a batch of similar cases in federal court in August.

Mission faces a similarly lukewarm market for municipal special obligation bonds, so The Cameron Group is requesting that part of the TIF and CID bonds be issued as general obligation bonds. General obligation bonds mean the issuer — in this case, Mission — guarantees repayment should the development not generate enough revenue to meet bond obligations. Korb Maxwell, a Polsinelli Shughart PC lawyer representing The Cameron Group, said his client has included developer guarantees and the prospect of special assessments to protect the city from having to service the project’s debt. “We think, between the Maxwell developer and the city, that a properly underwritten deal can make sense,” Maxwell said. Mission Mayor Laura McConwell said the city’s independent financial adviser is reviewing the financial proposal and should issue recommendations in early October. When asked whether Mission previously had issued general obligation bonds on behalf of a commercial development, McConwell said, “We haven’t had a $165 million development before.” Mission has paid about $12 million to fix stormwater drainage issues at the Mission Gateway site. Maxwell said The Cameron Group expects to complete TIF, CID and rezoning approvals by mid-October, which could lead to a January start date for construction.

pkoepp@bizjournals.com | 816-777-2211 | Twitter: @pbkkc

svockrodt@bizjournals.com | 816-777-2206 | Twitter: @st_vockrodt

FILE | KCBJ

Associated Wholesale Grocers Inc. may face legal exposure after a Kansas Supreme Court ruling on interpreting state antitrust statutes.

competes and territorial agreements, are illegal. Others, including Stueve, say it simply reinforced long-standing Kansas law. “There hasn’t been a flood of lawsuits since Leegin has come down,” he said. Stueve said a counterclaim against AWG was not a concern when the company filed the original suit in 2010 or after the Leegin decision. Michael Saunders, managing partner of Spencer Fane Britt & Browne LLP, said Leegin clearly restricts resale price maintenance, the practice of setting prices vertically up and down a supply chain. “The unanswered question is: What else does it apply to?” he said. Saunders

EXIT: Impact ‘equal to J.C. Nichols’ FROM PAGE 1

between Tom and the board, and they decided to go a different way,” analyst Pete Heckmann of Avondale Partners LLC in Prairie Village said of the timing of McDonnell’s departure. McDonnell and Hooley declined to comment, a company spokesman said. McDonnell is lauded in the Kansas City area for DST’s involvement in real estate and urban redevelopment efforts that align with the community’s goals. “I think his impact, between Downtown and the Plaza, is probably equal to the impact of J.C. Nichols,” Hooley said Phil Kirk, a former chairman of DST Realty. Kirk credited McDonnell’s leadership for redevelopment efforts at Union Station, Kansas City Public Library’s Central Branch, a new headquarters for Kansas City Southern and many others. “It wasn’t that he was just interested in being a nice guy; it was a business understanding that if you were going to be in urban renewal areas ... the areas around you need a chance at improving,” he said. “If you look at the value of the real estate, we thought we were doing a great job for shareholders. You can’t create real estate in an urban area without having concern

MISSION: Bonds face lukewarm market

for what’s around you.” But DST has come under public pressure to reduce its noncore assets. Last year, New York activist investor Russell Glass pushed DST to sell. The attention highlighted the company’s voluminous noncore assets and prompted DST to hire an investment banker to evaluate the structure of the business. DST’s board said that the company would not put itself up for sale but that it would review all noncore assets for potential monetization. During recent earnings calls, executives have said this process has begun. Heckmann said DST probably would accelerate its efforts to monetize more than $1.5 billion in noncore assets — consisting of publicly traded securities, private equity investments and real estate positions — after McDonnell’s exit. He pointed to turnover on DST’s board in the past year, resulting in the exodus of four longtime Kansas City-based directors and the entrance of three new independent directors. “I think they’ve instilled a greater level of discipline in terms of the relative value of these noncore assets,” Heckmann said. “It’s our suspicion that he was very reluctant to monetize any portions of that portfolio. My assumption is that not unlike some other investors, he probably felt the valuations weren’t yet right. In other cases, they had significant unreal-

FILE | KCBJ

DST Systems Inc.’s headquarters is at 333 W. 11th St.

ized capital gains, and he was fairly concerned about tax efficiency.” Although neither McDonnell nor Hooley have done media interviews since DST’s executive changes were announced, Heckmann and other analysts have had some phone time with the new CEO. “We are very excited about his level of engagement,” Heckmann said. “(Hool-

ey) is much more interested in running a focused provider of data processing services than he is necessarily running a conglomerate of software data processing businesses, plus a significant real estate portfolio and a significant portfolio of securities. It may not be a fire sale, but certainly what I would love to hear him say is that they are putting a plan in place to divest most of the liquid noncore assets over a period of the next six to nine months.” McDonnell won’t disappear from sight, however. He is chairman of the Ewing Marion Kauffman Foundation’s board of trustees. The board is looking for a new CEO to succeed Carl Schramm, who left the foundation in January. Jeannine Strandjord, a member of the Kauffman board and former DST board member, said the CEO search has started. She would not say how active McDonnell has been in the process or whether he is interested in the job for himself. “Tom will never just sit around doing nothing,” Strandjord said. Peter deSilva, president and COO of UMB Financial Corp. and a friend of McDonnell, said he expected him to remain active locally, especially with entrepreneurs. “I don’t think he’s going to go anywhere,” he said. “I have no doubt that Tom’s going to continue to be a force for good in Kansas City.” araletz@bizjournals.com | 816-777-2234 | Twitter: @AlysonRaletz


32 | KANSAS CITY BUSINESS JOURNAL

SEPTEMBER 21-27, 2012 kansascitybusinessjournal.com

GET EVERYONE ON THE SAME PAGE AT THE SAME TIME.

With Microsoft Office 365 on America’s Fastest 4G Network, you can keep your business moving as fast as you do.

DROID RAZR MAXX by MOTOROLA Built to go the distance with battery life to spare

DROID XYBOARD 10.1 by MOTOROLA

19999

$

A 4G LTE powerhouse of productivity and play

No rebate required. New 2-yr. activation required.

CLOUD-BASED ACCESS TO YOUR IMPORTANT DATA WITH MICROSOFT® OFFICE 365 • Sync email, calendar and contacts across all devices • Get the correct document version at your fingertips

GET YOUR FIRST

• IM, audio and video conference on-the-go • View and make light edits to documents within popular, supported browsers

MONTH FREE

• Mobile device backup and remote lock and wipe capabilities

$6/mo applies thereafter unless customer cancels. Valid: 8/6/12 — 10/31/12.

Visit any Verizon Wireless store today to talk about our Small Business solutions.

1.800.VZW.4BIZ(4249) verizonwireless.com/microsoftoffice365

Activation/upgrade fee/line: Up to $35. IMPORTANT CONSUMER INFORMATION: Subject to Major Acct. Agmt., calling plan and credit approval. $6/mo/user license. Available only for business accounts with 5 to 49 lines. Subject to Microsoft end user license agmt. Max 50 end user licenses per account. First month free offer issued as bill credit. Up to $175 ($350 for advanced devices) early termination fee/line & add’l charges apply to device capabilities. Offers & coverage, varying by svc, not available everywhere; see vzw.com. Limited-time offer. Restocking fee may apply. While supplies last. DROID is a trademark of Lucasfilm Ltd. and its related companies. Used under license. LTE is a trademark of ETSI. 4G LTE is available in more than 300 markets in the U.S. © 2012 Verizon Wireless. F3470

BMWS-F3470-Kansas City Business Journal-9.75x13.5-4C-NP-9.14


Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.