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2011 Forty Under 40: Jeremy Stephenson

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About me...
Jeremy Stephenson
Executive vice president
REI Real Estate Services LLC
34
Web sites:
Social media:
On my hip:
iPhone
Most-used apps:
Pandora
Nike Fitness
Wikipanion
Wall Street Journal
ESPN Score Center
Bible
Relevant Magazine
Wine Spectator
Financial Calculator
Favorite stuff:
Books, including "Outliers," "To Kill A Mockingbird," "Crazy Love," "The Power of One;" TV shows, including "The Office," "ESPN Sports Center;" Meridian Kessler
 

On Feb. 4, Jeremy Stephenson saw 4-1/2 years of work conclude successfully. That was when the JW Marriott complex—1,005 guest rooms in 34 stories and 104,000 square feet of meeting, banquet and exhibit space—opened downtown.

In his role with Indianapolis-based REI Real Estate Services, Stephenson had a hand in the project throughout—putting the proposal together, negotiating with the city, dealing with design decisions and handling legal documents and issues.

“I enjoyed seeing this happen, from casting a vision to helping strategize and figuring out a way to make it a reality and managing the issues that came along,” he said. “Some of the things I enjoy most about that process are the people I get to work with who are doing their respective jobs with their respective organizations and figuring out how to make the best possible project with the best possible outcome.”

To put it another way: “It’s fun to be able to create a lasting impression on the skyline. I’ve been fortunate to be around people who value professional achievement and want to do a good job but also value getting involved in community-related activities that better the fabric of our community.”

Stephenson and his wife, Rochelle, have two young children. They’ve spent the past six years renovating a house in the Meridian Kessler neighborhood and they’re active in Common Ground Christian Church. In addition, Stephenson is on the board of Outreach Inc., which helps Indianapolis homeless and runaway youth find a safer and more stable life.

“I read a quote a few years ago that said you can tell a lot about its city by how it treats its kids,” he said. “To me, seeing kids in situations like that is disheartening. To better the city, you want to make sure you’re taking care of the youngest.”•

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  1. With Pence running the ship good luck with a new government building on the site. He does everything on the cheap except unnecessary roads line a new beltway( like we need that). Things like state of the art office buildings and light rail will never be seen as an asset to these types. They don't get that these are the things that help a city prosper.

  2. Does the $100,000,000,000 include salaries for members of Congress?

  3. "But that doesn't change how the piece plays to most of the people who will see it." If it stands out so little during the day as you seem to suggest maybe most of the people who actually see it will be those present when it is dark enough to experience its full effects.

  4. That's the mentality of most retail marketers. In this case Leo was asked to build the brand. HHG then had a bad sales quarter and rather than stay the course, now want to go back to the schlock that Zimmerman provides (at a considerable cut in price.) And while HHG salesmen are, by far, the pushiest salesmen I have ever experienced, I believe they are NOT paid on commission. But that doesn't mean they aren't trained to be aggressive.

  5. The reason HHG's sales team hits you from the moment you walk through the door is the same reason car salesmen do the same thing: Commission. HHG's folks are paid by commission they and need to hit sales targets or get cut, while BB does not. The sales figures are aggressive, so turnover rate is high. Electronics are the largest commission earners along with non-needed warranties, service plans etc, known in the industry as 'cheese'. The wholesale base price is listed on the cryptic price tag in the string of numbers near the bar code. Know how to decipher it and you get things at cost, with little to no commission to the sales persons. Whether or not this is fair, is more of a moral question than a financial one.

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