Saturday, October 1, 2022

The UP Companies Promotes Josh Knaust to Square UP Preconstruction Manager

 

 Josh Knaust 

St. Louis, MO --The UP Companies (UPCO) proudly announces the promotion of Josh Knaust from Estimator to the role of Preconstruction Manager at Square UP Builders.

 In his new position, Knaust works with the Director of Preconstruction to establish goals for the department and to implement best practices within the group to achieve reliable and consistent bidding and pricing outcomes. 


Brian Arnold

Prior to joining Square UP in the fall of 2018, Knaust was the owner of Gateway Drywall, Inc. based in Wentzville, Missouri. Founded in 2012, his company provided plastering, drywall and insulation services and installation.

 

“Josh checks all the boxes in terms of his skillset, drive, passion to win, customer focus, and his team mentality. Josh will continue to play a pivotal role in the future of Square UP Builders,” said UPCO President Brian Arnold.

 

 

Contact: 

Jennifer Beidle
Jennifer Beidle Communications
St. Louis, MO 63129
United States

 

 

Daum Commercial brokers $11 million industrial asset in Long Beach, CA

3221 East 59th Street in Long Beach, CA
 

LONG BEACH, CA – DAUM Commercial Real Estate Services, a leading provider of commercial real estate services including brokerage, tenant representation, consulting, leasing, sales, and property management, has directed the acquisition of a 38,233 square-foot industrial distribution asset at 3221 East 59th Street in Long Beach, California for over $11 million.

 

Michael Collins
The property was purchased from Metra Electronics, a 75-year-old electronics firm and worldwide leader in the manufacturing and distribution of after-market automotive audio, lighting, and safety accessories.

 The transaction, completed by Michael Collins, Vice Chairman and Director of DAUM’s Capital Markets Group, and Dustin Hullinger, Associate in DAUM’s Capital Markets Group, is the latest in a series of real estate deals the company has directed for this high-net-worth private investor. 


 Dustin Hullinger
This demonstrates the firm’s ability to maintain long-standing client relationships and satisfy demand in the industrial sector, according to Collins.

“Our company has a rich history of achieving successful outcomes for our clients, which is why they continually return to us when seeking commercial real estate representation,” says Collins.

“We were pleased to have another opportunity to serve this buyer in their search for an investment with strong potential in an extremely tight industrial market.”


 Brian Held 
With a 1.1% industrial vacancy rate at the end of Q2 2022, the Los Angeles-Long Beach (South Bay) market is experiencing high demand from users in the area for quality distribution assets, making the acquisition of this property especially noteworthy, says Hullinger.

“The competition for well-located industrial space in the South Bay is notoriously fierce,” says Hullinger.


Rob Flores
“Through our deep knowledge of the market and our extensive network of industry connections, we were able to secure a property for our client that meets all their investment requirements and positions them for ongoing positive cash flow well into the future.”


DAUM represented the buyer in the sale/leaseback transaction, while Metra was represented by Brian Held and Rob Flores of CBRE.

 

Contacts: 

Hanna Kokuashvili / Elisabeth Manville  
The Smart Agency, Inc.
(949) 438-6262 
hkokuashvili@thesmartagency.com