Leading the way in Shake Shack sales nationally. SNL Matthew J Scow and Bob Moorhead sold a newly-built Shake Shack in Round Rock, Texas to a private California investor seeking to increase its Texas real estate holdings. Secure Net Lease brokers represented a Texas-based developer in the absolute NNN ground lease transaction. Link below for full article... https://lnkd.in/gz2ADQSw
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Real-Estate-Attorney-Turned-Broker Specializing in 1031 Exchanges 23 Years Experience Assisting Clients in 1031 Exchanges to Purchase Single Tenant Net Lease Properties Nationwide Follow #NetLeasePro
The Wolfe 🐺 Pack is still closing deals! I’ve written recently about the drastic decline in closed transactions the first half of this year. My partner (Alan Lipsky) and I spend significant time every day analyzing deals so we can give expert pricing guidance to our clients. As a result, we are able to suggest pricing where a deal can trade and not just sit and go stale. We recently closed these Wendy’s locations in two seperate sales with each receiving strong offer activity. We currently have nine other properties under contract scheduled to close in the coming weeks. If you are looking to buy or sell a net lease property, work with the leader of the pack—the Wolfe Pack! Follow 👉 #NetLeasePro #CRE #commercialrealestate
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Why did the real estate agent celebrate Taco Tuesday? Because they wanted to "taco 'bout" the perfect shell of a home, of course! 🌮🏡 PROPERTY DEALS MADE SIMPLE. #remaxdirect #tuesdayhumor #TacoTuesday #RealEstateMagic #buy #rent #sell #investing
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******THE STREAK CONTINUES!!****** 1.000 Batting Average; +100 Transactions; +20 Years; Nearly $1.50 BN PMAT Maintains a "1.000 Batting Average" for Closing Acquisitions with 650,000 SF Anchored Select Open-Air Retail Center in Suburban Chicago Orland Park Place is a market-dominant, anchored SOAR (Select Open Air Retail) center in a “bullseye” position of the super-regional destination market of Southwest suburban Chicago, Orland Park. This asset was part of a portfolio that we have been tracking for nearly 10 years, and we are delighted to have performed for a key partner when others could not. We have again maintained our perfect track record of closing every acquisition we have put under contract since inception in 2003—a 1.000 batting average over now TWENTY years AND over 100 transactions through an array of property level and market level challenges as well as real estate cycles. The property benefits from a strong and diverse core tenant base including Dick’s Sporting Goods, Nordstrom Rack, Hobby Lobby, Marshalls, Ross, Ashley Furniture, Barnes & Noble and more! Despite the fundamentally strong position and successful tenant roster, this asset had experienced several event-driven vacancies from corporate bankruptcies as well as vacancy in several existing out parcels, and the potential for new out parcels providing upside opportunity all in combination with a strong in place yield. The seller did a tremendous job driving leasing momentum including executing a 100,000 SF lease for the Chicagoland flagship store for Steinhafels Furniture and generating several LOIs. Our value-add business plan is primarily completing the releasing plan to bring the property back to a stabilized occupancy in conjunction with our reinvestment into the property and site. This transaction took a lot of grit and a partnerial approach with the seller. It has been a major focus for our team for months, but we have also completed several other transactions to share in future posts as we continue our strategic growth and our prudent dispositions. We remain extremely active in the capital markets across our geographic footprint--and beyond--and remain open to additional JVs and direct purchases of anchored value-add or strong-yield middle-market SOAR (Select Open-Air Retail) assets typically in the $10-50 million deal size and currently also focusing on the larger middle-market $50-100M+ deal size and in suburban secondary and tertiary markets. Thank you to the one and only Ben Wineman and Patrick Corrigan for Mid-America Real Estate continued trust in the PMAT team to execute on complex transactions for high-value clients. And as always, we are grateful for the continued performance of the growing team at PMAT REAL ESTATE INVESTMENTS including BOB WHELAN Benedikt Bolz Jack L. Piermarini and MATT WHELAN! Without Bob's foundational leadership and the team’s resilience and dedication, none of this would be possible!
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When #retailers file for #bankruptcy, what happens to their #leases? In this blog, our #realestate team outlines the options for #tenants. Read to learn more, and stay tuned for future posts exploring the connection between #realestatelaw and restructuring/bankruptcy in the #retail space. #commercialrealestate #commercialleasing Marcy Hart | Olufunke Leroy | Holly Camisa | Maria Z. Cortes | Michael Peacock | Shannon Maroutian
The Real Estate and Corporate Restructuring Connection, Plus Retail Restructuring Trends | Insights | Holland & Knight
hklaw.com
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What do a hoarder, a drug dealer, a hooker, and a college kid have in common? They were all tenants in the first 4-plex I purchased 2011... I owned that property for 20 months, which at the time felt like 20 years. I learned a lot of lessons in that short time frame, and the biggest lesson was that I didn't want tenants like that again or a property in a location like this again... Shortly after that I purchased my first commercial property. Now, my focus is on finding and acquiring real estate with the BEST long term tenants in the BEST locations... Sometimes we have to learn things the hard way, but they help shape the direction of the path moving forward... With the 4-plex, there were no partners and no one was winning. I look at our tenants as long term partners. We are providing them with a space to do business in a great location, and we want them to WIN... In 2021, after dialing in the formula for finding and acquiring some of the most highly sought after real estate in the market, I decided to start bringing on partners who were looking to generate double digit returns and build wealth with passive income through real estate. I like to surround myself with people who want to WIN. It is a lot of fun to Win, and even better when we can Win with others!
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New featured series launch 😎 Deep dive interviews with the most successful CRE deal makers sharing their strategies and lessons. Check it out⬇️ #WhatsTheDeal #TradedNY
What's the Deal | 103-105 Macdougal St, New York Sean Lefkovits & Davean Holdings' $50M Mixed-Use Value-Add Play Tags: #TradedNY #WhatsTheDeal #NYRealEstate #NYCRealEstate #Multifamily #Retail #MixedUse
What's the Deal | 103-105 Macdougal St, New York: Sean Lefkovits & Davean Holdings' $50M Mixed-Use Value-Add Play
traded.co
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Are you considering the optimal route for securing property for your Ziebart store? It's a pivotal decision that can significantly impact your business's success and financial health. Check out our blog post from this month that navigates the nuances of this choice, helping you make an informed decision tailored to your unique circumstances. #Ziebart #PropertyStrategy #BusinessSuccess https://lnkd.in/g3TddBYB
Making the Right Move: Buying vs. Leasing Property for Your Ziebart Franchise
ziebart.com
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Congrats gents!