Phil Peck
Vice President
Block & Company, Inc.
Kansas City, Missouri
Outsiders might think Phil Peck’s timing wasn’t great. He entered the commercial real estate business in 2009 during the Great Recession. Commercial transactions had become rare, and closing deals was no easy task.
But Peck? He saw opportunity. He worked hard during these challenging times. If he could survive the tough times? He knew he could thrive during stronger markets.
And that’s what happened. Peck persevered. He dedicated himself to his clients. He worked long hours and studied his market. And when the economy improved and commercial transaction volume began rising, Peck was poised to take advantage of the CRE rebound.
“The biggest challenge I had was coming into the business in 2009 during the recession trying to build client relationships when there weren’t a lot of transactions taking place,” Peck said. “Being able to learn and be persistent through those years has made this an enjoyable journey so far.”
Since those early days, Peck, now a vice president with Kansas City’s Block & Company, Inc., has been involved in millions of dollars in commercial transactions, including leasing, investments and developments.
In 2013, CoStar named him a Power Broker for the retail leasing volume he amassed in the Kansas City market. Peck has also taken the time to earn his CCIM designation, a designation given only to those who have proven themselves to be experts in commercial real estate brokerage, leasing, asset management, valuation and investment analysis.
One of the reasons for Peck’s success has been his ability to carve out a niche as a specialist in the sale and leasing of retail and restaurant properties. This isn’t surprising: Before joining Block & Company, Peck served seven years as an owner and operator of a top national franchise restaurant concept.
Peck says that there are two aspects of commercial real estate that he enjoys above all others: the people and the thrill of closing a deal.
“You get the opportunity to meet and transact with people from all backgrounds and sectors for the one common goal of real estate,” Peck said. “No deal is ever the same. It’s what makes this business exciting. There is always a new hurdle to overcome.”
Peck has relied on his industry knowledge, dedication to his clients and ability to close deals for his success. But there’s another trait that has allowed him to reach the heights of the industry: his empathy.
“I have always looked at a deal and given advice based on what I would do if it was me,” Peck said. “Sometimes you make the deal and sometimes you walk away, but it’s how you build trusting relationships in this business that is the most important.”
Peck is a graduate of Arizona State University’s W.P. Carey School of Business. where he earned a bachelor’s degree in business marketing with an emphasis in finance. He is a member of The Golden Key International Honor Society, National Association of Realtors, Kansas City Regional Association of Realtors and Retail Brokers Network.
When not working, Peck enjoys spending time with his family, along with staying active, playing golf, relaxing at the lake and volunteering for multiple charities.
