MARCH 2021
ISSUE XII.III
March 2021 Development news collage

Greetings!
We have so much to share this month! We can't wait for you to read about our latest property purchase, the new developments coming to Donelson Plaza and AmeriPlex at the Crossroads, our new and current associates, and our recent community service activities. Continue reading for all of this and more.

We are always happy to get feedback on our newsletter and would love to hear from you. You can reach out to a Holladay team member you know, or reply to this email with your comments and questions.

Thank you and enjoy!
Development News
Project Update:
  • Glenwood Station - Holladay Properties has closed on the purchase of 460 Crescent Boulevard in Glen Ellyn, IL for $2.825 million. The purchase paves the way for development to begin on Glenwood Station, a five-story mixed-use residential and commercial project. Holladay first announced plans for Glenwood Station in October 2020. Continue reading...
  • Northern Virginia Bioscience Center - Austin Haynes, SVP-Development (Richmond, VA) was recently interviewed by WTOP News regarding the Northern Virginia Bioscience Center, currently under construction in Manassas, VA. The facility will offer companies Biosafety Level 2 laboratories, which are designed for research into pharmaceutical delivery, cancer causing agents, Lyme disease, and other non-bio hazard studies. Continue reading...
In the News:
  • Donelson Plaza - The centerpiece of Holladay's redevelopment plans for Donelson Plaza in Nashville, TN, the new Donelson Branch Library has been given approval to begin construction, and the library could open in 2023. The news has been received with excitement and enthusiasm from the local area and Holladay's development team. Continue reading...
  • AmeriPlex at the Crossroads - Holladay's 385-acre mixed-use business park in Merrillville, IN has been experiencing a burst of activity recently, and the newest business to announce it's coming there is sure to bring more. Amazon Logistics has revealed the company is building a 141,360 square foot facility on a 35-acre site at AmeriPlex at the Crossroads, which should be operational in the fall of 2021. Continue reading...
  • A new development planned by Holladay in South Bend, IN was featured in a recent article from the South Bend Tribune. The article discuses the warehouse and logistics boom taking place in South Bend. Continue reading...
March operations news collage
Management & Operations News
New Contract:
  • Holladay Properties' Florida team has been engaged to provide brokerage and management services for a new 60,000 square foot medical office development at 2001 Kinglsey Avenue in Orange Park, FL. The new medical office building, scheduled for occupancy in the third quarter of 2022, is a three-story, Class A facility that will be located on the East side of the Orange Park Medical Center campus. Continue reading...
Associate News
New Hires:
  • Holladay Hospitality Group would like to welcome Cindy King as VP of Sales & Marketing in South Bend, IN. Cindy joined the team in February and has 25 years of hotel experience. Cindy will have full oversight of the property level sales and marketing efforts, and will coach, lead, mentor, and support the team to help them achieve their financial goals. Good luck in your new role, Cindy!
  • Holladay's healthcare management team is pleased to welcome Joy Thompson as our new Property Manager for the Kansas/Missouri area. In her role, Joy is responsible for managing a portfolio of third-party office properties. Welcome to the team, Joy!
  • Shamece Bond has joined the Holladay team as an Administrative Assistant. Shamece will be working from our Nashville, TN office and will be responsible for various administrative duties and support of day-to-day activities and management of a portfolio of commercial real estate properties. Welcome, Shamece!
Promotions
  • We are pleased to announce that Wills Gardner (South Bend, IN) has been promoted to Director of Capital Planning. Wills joined Holladay in 2016, while studying for his Master of Business Administration in Finance from the University of Notre Dame. He has previously served as a Development Analyst, and, most recently, Asset Manager. In his new role, he will be responsible for managing Holladay's debt portfolio, establishing new construction and acquisition financing, and managing Holladay's equity investor communications. Congratulations, Wills!
Staff Shout-Outs:
  • Holladay Properties would like to recognize Cara Pagels, Burlington Station Property Manager (Downers Grove, IL) and Kennita Williams, The Promenade at Founders Square Property Manager (Portage, IN) for earning their CAM certifications. The Certified Apartment Manager (CAM) designation from the Indiana Apartment Association demonstrates the knowledge and ability to manage an apartment community and achieve owners' investment goals. Way to go, Cara and Kennita!
  • Allen Arender, SVP-Development (Nashville, TN) has made the Nashville Post's 2021 In Charge - Development list. The In Charge lists feature business, political and civic leaders who are driving change across Middle Tennessee. Allen has previously been included in the In Charge - Real Estate lists in 2018 and 2016. Continue reading...
In Memoriam
  • It is with great sadness that we share the news of the passing of Wilhemina Cole Holladay, widow of our company's founder, Wallace F. Holladay, as well as an owner/investor in Holladay Properties developments. Wilhemina Cole Holladay played an integral role in the growth of the Holladay Corporation over the years, and was well known as the founder of the National Museum of Women in the Arts in Washington, D.C. Continue reading...
Now Hiring:
March 2021 Community news collage
In the Community
  • (Merrillville, IN) - Holladay Properties is a proud sponsor of the new Merrillville Community Center, which opened March 1. Holladay is the Walking Track Sponsor for the elevated walking track at the facility. The Community Center also features basketball courts, volleyball courts, a rock climbing wall and a fitness area, as well as multi-function event space. Continue reading...
  • (Glen Ellyn, IL) - Holladay Properties, along with several Holladay associates including Drew Mitchell, VP-Development (LaGrange, IL); Lori Kappel, Project Designer (LaGrange, IL); Michael O'Connor, VP-Leasing & Development (Portage, IN); and Cara Pagels, Burlington Station Property Manager (Downers Grove, IL), contributed to the Glen Ellyn Food Pantry's Capital Campaign to purchase and renovate a larger facility. The pantry has seen a growth in food insecurity following the COVID-19 pandemic, and the larger space will allow the pantry to better serve the needs of the community. Thanks to support like ours, the Glen Ellyn Food Pantry was able to meet its campaign goal and construction will begin in late Spring on the new facility. Continue reading...
  • (Lawrenceburg, IN) - Michael O'Connor, VP-Leasing & Development (Portage, IN) volunteered for the 2021 Special Olympics Indiana Winter Games in January. He was a race official for downhill slalom ski racing and snowboard racing. The job also involved some pep talks, encouragement and cheerleading for those who needed it. This is an excellent example of living the Holladay mission and values. Continue reading...
Holladay Health Corner
Financial Planning in 2021
Contributed by Matt Urbanski, Financial Advisor/Owner - The Healy Group

Financial planning is not just for the wealthy. Creating a roadmap for your financial future is for everyone. In reality, financial planning is a path to building wealth.

Better financial understanding can be achieved when measurable financial goals are set, the effects of decisions understood, and results reviewed. Giving you a whole new approach to your budget and improving control over your financial lifestyle.

Defining Your Financial Goals

Financial planning is the process of determining your financial goals, such as what do you want to use your money for and when you’ll need to use it, and then laying out a plan of action with specific steps you need to take to achieve those goals.

When I help my clients create a financial plan, I encourage them to begin by writing down their financial goals and ask them why money is important to them. I ask them why these goals are important to them. For example, owning a home is a common goal for many of my younger clients. What does home ownership mean to them? For many, it’s having a space to grow and raise their families.

When it comes to setting goals, you want to make sure your goals are well defined and prioritized accordingly.