The property spans 13.2 acres, consisting of a 155,459 sq. ft. retail anchored plaza. The tenants are a mix of publicly traded corporations, government, and national brands with a weighted average lease term (WALT) of 14.1 years, realizing a going-in capitalization rate of 8.8%. R2 projects forced appreciation in the property’s value of approximately 36%… Read more »
The seller, as an owner of NNN leased property, was able to liquidate this asset at a strong sale price for a vacant property at approximately $125/SF. “We were excited to leverage our marketing platform to sell this asset after it went dark due to a tenant bankruptcy,” said B+E broker Tim Hain. “This is… Read more »
With the new year comes new changes and challenges. Especially when you are in a business, you need to be aware of the market trends because there will be a change in every quarter of the year. It applies to all sectors. Likewise, the real estate market is not an exception to this change. The… Read more »
The rapidly-growing startup is now focusing on increasing staffing to meet the work-load. CEO Isaac Barrow plans to promote Abigail Shaw, who is currently coordinating maintenance, to general manager. This move will allow Barrow to continue his hands-on approach to networking and connecting with clients and tenants. At the current rate of growth, the company… Read more »
As a professional cash home buyer, Grid Home Buyers provides instant cash offers for your house, no matter in which situations you are. Foreclosure, owning a burdensome property, probate, bankruptcy, or anything else. Grid Home Buyers are committed to helping you. As a family-owned business, Grid Home Buyers understands how hard it is for a… Read more »
