Hendricks Commercial Properties

Hendricks Commercial Properties

About Hendricks Commercial Properties

Simplify's Rating
Why Hendricks Commercial Properties is rated
B
Rated A on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Real Estate

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Moline, Illinois

Founded

1974

Overview

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Simplify's Take

What believers are saying

  • The demand for boutique hotels is increasing, benefiting Hendricks' Bottleworks boutique hotel.
  • Growth in food halls offers opportunities for vibrant community hubs like Warehouse Food Hall.
  • Sustainability trends align with Hendricks' green building practices, enhancing property appeal.

What critics are saying

  • Rising interest rates could increase financing costs, impacting project profitability.
  • Remote work trends reduce demand for commercial office spaces, affecting occupancy rates.
  • Construction labor shortages may delay projects and increase costs for Hendricks.

What makes Hendricks Commercial Properties unique

  • Hendricks excels in mixed-use developments, integrating residential, commercial, and entertainment spaces.
  • Their restoration of historic buildings attracts niche markets seeking unique environments.
  • Hendricks' focus on sustainability enhances the appeal of their real estate projects.

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Benefits

Flexible Work Hours

Paid Time Off

401(k) Company Match

Employee Discounts

Pet Insurance

Company News

Idaho Press
Feb 26th, 2024
Coming up in this week's Boise Weekly

The hotel is a joint venture between Hendricks Commercial Properties and the Geronimo Hospitality Group, the latter which was also instrumental in building The Warehouse Food Hall.

WRTV
Dec 20th, 2023
Circle Centre Mall sold to Wisconsin-based Hendricks Commercial Properties

Circle Centre Mall sold to Wisconsin-based Hendricks Commercial Properties.

Indiana Landmarks
Jul 7th, 2023
NEWS

Hendricks Commercial Properties won Indiana Landmarks’ 2023 Cook Cup for Outstanding Restoration for recapturing the Art Deco splendor of Indianapolis’s former Coca-Cola Bottling Plant and garages as Bottleworks, a boutique hotel (above) and food and entertainment hub.

Bizjournals
Mar 2nd, 2023
Delafield advances plans to add houses near St. John's Northwestern Military Academy

Hendricks Commercial Properties purchased 112 acres from St. John's Northwestern Military Academy around two years ago.

Inside Indiana Business
Nov 14th, 2021
Hendricks Development Group LLC hires Gavin Thomas as vice president of development

Hendricks Commercial Properties, the Beloit-based developer of the historic Bottleworks District on Mass Ave, has named Gavin Thomas vice president of development.

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