- Category: Uncategorised
Seller Representative – Industrial – Aurora, CO
Large Distribution Facility Needs More Space
When this client had outgrown their 80,000 square foot facility and needed more space, they found that disposing of their current property proved more difficult than they expected. With various restrictions on the zoning of the property, as well as unsavory loan conditions, CCIM-designated seller representative, Lowrey Burnett, went into the relinquishment of this property with his eyes wide open. Burnett, was able to find a buyer who paid full price for the property and assumed the existing loan and the client was able to more than double their square footage. You can learn more about this transaction here.
Seller Representative – Office – Denver, CO
Property Disposition Is No Match For CCIM-Designated Broker
An economic down turn forced this property owner to relinquish a downtown Denver office building in order to minimize the impact on their investment portfolio. The economic conditions, as well as a less than ideal leasing capacity and multi-million dollar maintenance requirements made this piece of property difficult to dispose of. Lowrey Burnett, CCIM-designated seller's representative, found a Chicago-based buyer familiar with the complications big city buildings posed and tackled the challenges with a full-price offer and quick transfer of ownership. Learn more about how commercial real estate broker, Lowrey Burnett, helped the client navigate the economy without sacrificing the portfolio return here.
Buyer Representative – Industrial – Pensacola, FL
Portfolio Expansion Proves Profitable
When this buyer was ready to expand their investment portfolio, they engaged CCIM-designated broker, Lowrey Burnett, after a previous positive experience. Burnett scoured the country to find a suitable piece of property that met the buyer's expectations and had a reliable source of income to meet return requirements. Learn how Burnett connected this buyer with a highly sought after industrial property that was leased to the largest replacement tire manufacturer in the United States here.
Buyer Representative – Office – Phoenix, AZ
Breaking Into Foreign Markets With Investment Expert
This Costa Rica-based client wanted to diversify his investment portfolio and was considering commercial property in the United States. Lowrey Burnett, a leading buyer's representative found the perfect match for the client in a fully-leased office building that was occupied by national-credit tenant, GoreTex. After negotiating $200,000 off the purchase price, the client paid $12.2 million for this Phoenix, AZ property. Learn more about how CCIM-designated broker, Lowrey Burnett, helped the client understand the commercial market in the States and make a decision that supported the long-term investment strategy here.
Buyer Representative – 1031 Exchange – Houston - Kansas City – Augusta, GA – Atlanta, GA
Sale Of Family Business Leads To Multi-Million Dollar Savings
When a California-based family sold their business for $14 million, they wanted to defer their capital gains taxes, so they enlisted the help of CCIM-designated 1031 Exchange expert, Lowrey Burnett, to guide them through the 1031 Exchange transaction process. The client selected four properties that offered geographic, product-type, tenancy, lease expiration, and yield diversifications. By adhering to the guidlines set by the IRS, the client saved $5.3 million. Learn how Burnett executed this 1031 Exchange with industry expertise here.
Buyer Representative – Land – Denver, CO
Texas Developer Enters Denver Market
When this Texas-based developer was ready to penetrate the Denver market, they engaged CCIM-designated broker, Lowrey Burnett, to help them scout out the perfect piece of property to build a new mixed-use condo complex on. Learn how Burnett helped this property development company enter the Denver market successfully here.
Buyer Representative – Mixed-Use Condominiums – Castle Rock, CO
3 Parcel Assemblage Redeveloped Into Mixed-Use Condominiums
When a local developer wanted to purchase 3 properties on half of a city block in downtown Castle Rock to develop the parcel into retail, residential, and office condominiums, they enlisted the help of CCIM-designated broker, Justin Rayburn to assist. See how Rayburn took a targeted property acquisition strategy to find the right parcels and help each seller visualize how the project would enhance the downtown Castle Rock area here.
Buyer Representative – 1031 Exchange – CA & CO
1031 Exchange Helps Client Defer 100% of Capital Gains Taxes
After a California-based investor sold a commercial property, they enlisted the help of Justin Rayburn to successfully complete a 1031 exchange so they could defer capital gaines on their commercial building sale. Learn more about how Rayburn identified replacement properties that helped the client diversify their investment portfolio, defer capital gains taxes, and provide a steady stream of retirement income here.
Buyer Representative – 1031 Exchange – MN & CO
A young RN and former schoolteacher decided to leave the big city and stake their claim in Chico, CA. This couple’s dream was to create a best-in-class senior/assisted-living facility to provide a tremendous quality-of-life for those in their final years. Bootstrapping was the only way forward for the Kupermans but they had a vision and were undeterred. Over 2 decades later, the business and real estate holdings had grown from a 6-bed (in 1 small rental home) facility to a large operation spanning 5 commercial assisted-living facilities. Learn more here.
Tenant Representative – Office - Westminster, CO
Office Relocation Boosts Sales And Corporate Culture
When this client started making moves toward transforming their corporate culture, including hiring a new management team and considering relocation of their Denver operations, they knew they'd need the help of an experienced commercial real estate broker. They engaged CCIM-designated tenant representative, Lowrey Burnett, to identify a property that met their needs, such as highway access, convenient location near restaurants, LEED certification for energy efficiency, and unbeatable views of the Rocky Mountains. Burnett delivered and then some. Learn more about how Burnett helped this tenant relocate their Denver operations and transform their company culture in the process here.
Tenant Representative – Industrial – Aurora, CO
Tenant Representative Helps Business Expand In Tight Market
When this client's operations had outgrown their current, 80,000 square-foot facility, they enlisted the help of an expert tenant representative. CCIM-designated commercial real estate broker, Lowrey Burnett, help this company identify a property that more than doubled their square-footage and allowed the client to relocate without hindering production. Learn more about how Burnett acted as the tenant representative, while also supporting the client as the seller representative, to successfully relocate operations to a facility that accommodated the growing business here.
Tenant Representative – Retail – Wheat Ridge, CO
New Facility Helps Business Maximize Growth
When this client engaged CCIM-designated broker, Lowrey Burnett, they were rapidly outgrowing their current facility. It was important that they find a space with more square footage, as well as more parking, for their patrons. With two years left in their lease, the client wanted to explore both leasing and buying options to make the best decision for the business in the long term. With specific location requirements and a modest budget, Burnett managed to find a facility that exceeded all expectations at a below-market rental rate. Learn more about how having effective tenant representation at the right time can play a key role in growing your business to achieve your future goals here.
Tenant Representative – Office – Global
Global Lease Cost Reduction Strategy Saves Client $5M Per Year
When a global client with 150+ office locations reached out to CCIM-designated tenant representative, Justin Rayburn, they needed to significantly reduce overhead costs and refresh their office finishes. To do that, Lowrey needed to evaluate their current portfolio and identify opportunities that would allow them to consolidate offices, relocate, or renegotiate existing leases. See what Justin accomplished over the next 12-month period here.
Tenant Representative – Office – Denver, CO
Law Firm Relocation & Office Expansion Leads to 11% Savings on Rent
Relocation is an exceptionally stressful time for business owners. There are many unknowns and risk is high if you don’t know what you’re doing. A local Denver law firm reached out to us after outgrowing their initial space within just 12 months of their lease term. They wanted to quadruple the size of their office. To do so, they need to tour the marketplace in order to create the leverage they needed to expand in their current space, successfully terminate their existing lease, and relocate to a more suitable space. Read how Justin Rayburn created the leverage they needed to generate rent savings here.
Tenant Representative – Office – Denver, CO
Early Relocation & New Build Save Client 23% on Initially Quoted Rental Rate
A national insurance company with a branch in Denver wanted to improve its image in the marketplace and relocate to Northwest Denver so they could offer their employees better amenities and increase overall happiness and company engagement. Read how tenant representatives, Lowrey Burnett and Justin Rayburn, developed a relocation and lease termination strategy that resulted in 23% rent savings here.
Tenant Representative – Office & Industrial – Denver, CO
Quick 45-Day Relocation Proves No Challenge for Tenant Representative
A Denver medical client wanted to relocate their distribution center and marketing team so they had the space and capacity to launch a new business line. To do so, they enlisted the help of tenant representative, Justin Rayburn, to find flex office options for immediate occupancy. Learn more about how Rayburn finalized their relocation in just 45 days so they could successfully launch their new business line here.
Tenant Representative – Office
Lease Renewal & Restructure Saves Client $175K in Economic Value
When an administrative office that operates within the healthcare industry was stuck in a long-term lease obligation with a rental rate that was 15% above current market rents, they enlisted the help of tenant representative, Justin Rayburn. Rayburn went head-to-head with the landlord and started negiotiating early. Learn more about how Rayburn performed a property evaluation, in-depth market analysis, and financial analysis that led to a much lower rental rate and some much-needed interior renovations here.
Landlord Representative – Office – Dallas, TX
Make More From Your Investments
How well you can execute the marketing and leasing efforts for your investment properties will make or break your profit margin. Enlisting the help of an experienced and strategic landlord representative can ensure that your investments reap maximum profit by executing highly-effective marketing and leasing strategies to the ideal audience of credit-worthy tenants. This Dallas-based client knew that, so they engaged CCIM-designated broker, Lowrey Burnett, to help them manage their portfolio of mid- and high-rise office buildings. Burnett kept the properties leased to 85-95 percent capacity for the full eight years he represented the client. Learn more about how he did it in our post on the success of this endeavor as a landlord representative.