Photo of Jay Noddle “it’s very interesting when you are both a client and a vendor for another organization,” says Noddle.

OMAHA—Nebraska’s largest city is widely recognized as the hometown of Berkshire Hathaway, but serving as the seat of Warren Buffet’s sprawling investment empire is hardly the only thing Omaha’s got going. In recent years, the city’s downtown has undergone extensive development, in terms of both redevelopment and greenfield projects. “There’s a lot that has contributed to this,” says Jay Noddle, CEO of Noddle Cos. “The growth that we’re seeing now is equally as remarkable.”

The growth of Noddle Cos. parallels that of the Omaha region. Founded in the early 1970s as a small regional shopping center developer, the company has undertaken more than 150 office, retail and mixed-use commercial developments in 17 states, currently including a 200-acre MXD in the Denver suburb of Thornton, CO. However, Noddle tells, “Over the past few years, our focus as far as new development is concerned has been fairly close to home, principally because the Omaha region has been very active. There have been quite a few opportunities right on our doorstep.”

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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