Property:
Objective:
Strategy:
Disposition:
13 sites, totaling a combined 560,000 SF of building and 90 acres of land.
The majority of the properties were situated in residential areas, limiting potential
alternative uses and prospective buyers. As these properties were vacated, our objective
was to sell these sites as quickly as possible.
The majority of the properties were situated in residential areas, limiting potential
uses and prospective buyers. Thus, our team implemented a tailored marketing campaign
focused on specified user groups.
The entire portfolio of sites was sold “as-is” in the desired time frame, with many
of the sites sold above appraised value.