Approximately three years ago, Pat Regan was engaged by the Catholic Archdiocese of Omaha to evaluate the organization’s real estate portfolio and future needs. At the time, the Archdiocese was operating administratively from two different locations and its facilities were much larger than needed. Pat helped the team determine that it would be more efficient operationally and financially to relocate. In late summer 2019, after a thorough search for a building that would meet all of the Archdiocese’s needs, Pat represented the organization in the purchase of the 29,503 square foot Lindsay Manufacturing headquarters at 111th and Blondo Street. This building provided updated and efficient space with easy access due to its central location. The Archdiocese was then in a position to sell its Chancery property at 60th and Dodge Street to St. Margaret Mary’s Church, which is located adjacent to the Chancery property. The Archdiocese also put its eight-acre Sheehan Center campus at 60th & N.W. Radial on the market.
As a longtime member of St. Margaret Mary’s Church, R.J. Neary served as a volunteer on a parish committee tapped with evaluating the purchase of the Chancery to expand parish services. The result was a successful purchase by St. Margaret Mary’s Church and a leaseback of the Archbishop’s residence to allow for continuity at the site.
Catholic Charities of Omaha also called the Sheehan Center home at the time, and the organization was also interested in relocating its headquarters to more suitable facilities. Ryan Kuehl, Ryan Zabrowski and R.J. Neary represented Catholic Charities in its search. After considering numerous opportunities, they found a suitable solution in a 36,000 square foot office building at 93rd and Bedford Street. Because this building was larger than Catholic Charities needed for just its headquarters, the move allowed the organization to consolidate its office with several other services including a shelter and food pantry. Much like the Archdiocese move to 111th & Blondo, Catholic Charities’ 92nd & Maple location provides easy access to both east and west Omaha residents.
Investors Realty is pleased to serve both the Archdiocese and Catholic Charities in their searches to find more efficient and cost-effective real estate solutions. These organizations do so much for the Omaha community, much of which goes largely unrecognized.
This article appeared in our company newsletter in June of 2020. Please click here to download the entire newsletter.