by Sarah Martin | Sep 14, 2020 | Success Stories
LA Fitness Newark, NJ SUCCESS STORIES Challenge LA Fitness had a strong rent in this location. The sales price would be at the top end of La Fitness assets sold. LA Fitness was under parked and utilized an agreement with the adjacent owner. Strategy Fully expose...
by Sarah Martin | Sep 14, 2020 | Success Stories
Palmer Town Centre Easton, PA SUCCESS STORIES Challenge Owned by a TIC group of 37 investors. Occupancy dropped below 80% and little funds to lease market deals. Varying ownership related challenges creating a non-functioning shopping center. Significant near-term...
by Sarah Martin | Sep 14, 2020 | Success Stories
Burlington Town Center Burlington, VT SUCCESS STORIES Challenge The asset was a challenged mall located in an excellent pedestrian street. Sales were below average and several tenants were struggling. Aggressive book value. Strategy Fully expose the asset to both...
by Sarah Martin | Sep 14, 2020 | Success Stories
Shackleford Crossings Little Rock, AR SUCCESS STORIES Challenge A 286,000-square-foot power center that was only 55% leased. Property was out to market and had a few failed marketing processes. Owned by an institutional investor and a high stakes assignment. Asset...
by Sarah Martin | Sep 13, 2020 | Success Stories
Iron Horse Shopping Center Reno, NV SUCCESS STORIES Challenge Property was in receivership and scheduled for an early January Auction. Seller gave us 3 weeks to sell the asset to avoid the Auction. Could not fully expose the asset to the open market. Property was...
by Sarah Martin | Sep 13, 2020 | Success Stories
Mariano’s Bannockburn, IL SUCCESS STORIES Challenge Mariano’s paid over $2.5M in rent. Relatively flat income stream. Adjacent existing grocery anchored center with strong performance. Seller had high pricing expectations and we were the highest BOV value....
