A repeat client, who has spent several years in the commercial investment space, came to CCIM-designated buyer representative, Lowrey Burnett, when the investor was ready to expand his commercial real estate portfolio. He had specific investment return criteria and was prepared to scour the country for the right, positive cash flow commercial property.
This search for an investment property came with unique criteria to ensure the new asset would align with the investor’s overall investment strategy. The buyer wanted a well-located, fully-leased, single-tenant asset that would support definitive investment yield requirements. There were high expectations for this investment property and Burnett was up for the challenge.
He identified several best-in-class investment options in various states and the client selected an ideal property in Florida. Burnett tackled the due diligence, negotiation and closing process head on.
In some cases, clients call upon a seller representative because their business is booming and they need to expand operations. In other cases, clients find themselves in a bind due to the negative changes in the economy and require our expertise to mitigate the downside exposure and investment risk.
The latter was the case for the client, who owned and intended to occupy an office property. The downtown Denver, 8-story, multi-tenant office building was purchased with the intention of occupying 50 percent of the usable space, however as negative economic conditions persisted, this goal proved impossible. The impact on the client's portfolio necessitated the disposition of the 110,000 square-foot property. The client engaged Lowrey Burnett, a Certified Commercial Investment Member (CCIM), to quickly identify a buyer for the property at $4.8 million.
Lowrey Burnett, a CCIM-designated commercial real estate broker, has over 450 closed transactions under his belt. He is proud to represent local, regional, and national clients in a variety of commercial real estate deals and to share those successes with other clients facing similar circumstances.
When the client, a publicly-traded national logistics and packaging company, engaged Burnett, they had outgrown their 80,000 square-foot distribution facility. After reviewing market intelligence and 'most-likely case' projections provided by Burnett, the client carefully considered the most suitable next steps. Ultimately, the client decided to relocate all Colorado operations to a 200,000 square-foot lease space property, only upon disposition of the property they currently owned and occupied.
The Broker Opinion of Value (BOV) was prepared by our industrial property expert and the Aurora, Colorado distribution facility was marketed to potential buyers at $6.4 million.
A Texas-based real estate development company was considering other markets as they continued to grow their brand. In prior years, they had successfully penetrated Austin, San Antonio, Dallas, and, most recently, Seattle, by developing single-family and multi-family properties. They were now exploring Denver as their fifth market.
The client was seeking suitable land for the development of an urban, multi-family condo complex. Having explored a variety of markets, the client knew an experienced broker could be a strong asset to help them find the perfect development parcel late in the development cycle. The client engaged CCIM-designated broker, Lowrey Burnett, to identify sites available for purchase that aligned with the client's location and purchasing model.
A California-based investor sought out CCIM-designated broker, Lowrey Burnett, after selling their family business and the related real estate for $14 million. Because they wanted to defer 100 percent of the capital gains taxes, they were interested in pursuing a 1031 Exchange transaction. The client enlisted Burnett's guidance and expertise to adhere to the IRS restrictions that make such a tax-deferral transaction possible.
Though based in California, the client was interested in pursuing commercial properties nationwide. With a $14 million acquisition budget, Burnett presented the client with a variety of investment options, including investing in a single property or diversifying into several different properties, as well as numerous types of commercial real estate, such as single-tenant industrial, multi-tenant retail, single-tenant flex, multi-tenant office, or single tenant medical office building (MOB). The client consulted with their financial advisor and tax attorney to ensure they made a decision that supported not only their current cash flow needs but also their long-term goals.
At Fountainhead Commercial, we take pride in our expertise and we are always excited to share what we know with clients looking for investment property insight. When a Costa Rica-based client expressed interest in investing in the United States, they engaged Lowrey Burnett, an expert buyer's representative, to share his experience and expertise in the commercial real estate investment marketplace.
The foreign client had a unique investment portfolio already, but sought to enter the American commercial real estate market. After performing a nationwide search for suitable investment options that satisfied the client's specific investment criteria for their first U.S. property, Burnett identified a fully-leased, multi-tenant office asset with national-credit tenant, GoreTex, occupying 75 percent of the property.
720.837.9407
Denver, CO
