Block & Company Quarterly Report - 1st Quarter 2019
April 8, 2019
Block & Company Quarterly Report - 1st Quarter 2019Letter from President David M. BlockIn this quarter's newsletter, I'd like to take the opportunity to thank all of our investors and tenant-rep clients for their continued business and confidence in Block & Company. The first quarter of 2019 has been one of the best real estate production periods we've seen in the company's 73 year history and we believe the second quarter will only continue to trend upwards.
The investment activity we've seen thus far in 2019 has been nothing short of stellar. The acquisition of two new shopping centers from our investor base in the month of January alone speaks to the excitement level and growth potential of our current economy.
Several new leasing assignments that have been added to our portfolio reflect our enthusiasm for the future as it relates to our restaurant, retail, and hotel portfolios.
Block & Company currently has multiple developments in the works and our construction management department is as active as it's ever been. Our projections for a highly active first quarter have been validated and we continue to look forward to an even more active second quarter. Again, I'd like to thank our brokerage group, property managers, and staff members for helping the firm achieve all of its accomplishments to date and we look forward to a very exciting and prosperous year.Full Newsletter