HOWARD CANFIELD BUILDING
The Howard Canfield Building was met with intrigue due to its historical significance and debut into the marketplace for the first time in 30 years. Due to the unique characteristics of retail along state street, our team sought a specific buyer profile. The client was also very specific in selling to a company that valued […]
R & M Veady Portfolio
[vc_row][vc_column][vc_column_text][/vc_column_text][/vc_column][/vc_row][vc_row el_class=”case-iconss”][vc_column][vc_custom_heading text=”RELATED SERVICES” font_container=”tag:h3|font_size:40px|text_align:center” el_class=”chanak”][vc_row_inner][vc_column_inner width=”1/3″][vc_icon icon_fontawesome=”fa fa-search-plus” align=”center” css_animation=”fadeInUp”][vc_custom_heading text=”THE DEAL FINDERGAME PLAN” font_container=”tag:h2|text_align:center”][vc_column_text] Our three step marketing methodology combines our unmatched experience and innovation to create an incomparable formula for success. [/vc_column_text][vc_btn title=”LEARN MORE ABOUT OUR DEAL FINDER GAME PLAN” style=”flat” align=”center” link=”url:http%3A%2F%2Fsamkit.99webdesigns.net%2Fshoppingcenteradvisers%2Fthe-deal-finder-game-plan%2F|||”][/vc_column_inner][vc_column_inner width=”1/3″][vc_icon icon_fontawesome=”fa fa-compass” align=”center” css_animation=”fadeInUp”][vc_custom_heading text=”EXCHANGENAVIGATOR” font_container=”tag:h2|text_align:center”][vc_column_text] Unique and […]
Gateway at Burbank
[vc_row][vc_column][vc_column_text] CHALLENGE Gateway of Burbank proved to be a dominant grocery and drug store anchored shopping at the center of a dense infill location. The center had a wealth of credit tenants and all the ingredients for a trophy asset. Despite the center’s strengths, our team had to overcome logistical challenges that would concern many […]
Walgreens Honolulu
[vc_row][vc_column][vc_column_text] LANDMARK TRANSACTION Our team represented the buyer in the fee simple purchase of Honolulu’s Flagship Walgreens store. The purchase price was $42,250,000 which translates to a 4.73% cap rate and $1,141.89 per square foot for the 2015 built single tenant store. This is the second largest arm’s length transaction for a single tenant Walgreens […]
NORTH PARK PLAZA
Bay Area Grocery Shadow-Anchored Shopping Center anchored by The Home Depot, dd’s Discounts, and Island Pacific Market and shadow-anchored by Winco Foods (NAP), which owned its own store at this location. Sold at $21,375,000 95% of list price with assumable financing of $13,300,000 at 5.49% interest, maturing August 2023. The challenge with this asset was […]
LYCOMING MALL
97% leased 806,788 square foot enclosed mall in West Central Pennsylvania, anchored by Macy’s, Sears, JC Penney and The Bon Ton. The Seller was motivated to reallocate its portfolio. The property was positioned in a very factual manner, consistent with expectations for the intended audience. The target audience was mall owners throughout the US which […]
25 Years of Doing One Thing and One Thing Only
May 15th, 2019 marked my 25th anniversary in commercial real estate. I remember that day in 1994 vividly, and my heartfelt enthusiasm remains a fond memory as I walked into the West Los Angeles office of Sperry Van Ness ready to sell investment real estate. I graduated from USC the week before with a Bachelor’s […]
To Price or Not to Price?
One of the biggest challenges for brokers and sellers of commercial properties is deciding whether to price or not to price a deal. There are various factors to consider; How big or small is the property? Is it a core, trophy asset? What is the property’s marketing strategy? What kind of timeline is the seller […]
