- 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.
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.
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.