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23,100 SF
Type: Flex - Class B
Height: 1 Story
Despite its potential, 4750 Technology Ave. had been listed for an
entire year without finding a suitable buyer. A critical factor
contributing to the property's prolonged listing was the presence
of an existing military tenant with a short-term lease. These
circumstances made it difficult for potential buyers to finance.
The niche nature of the military sector introduced complexities that required a specialized approach and careful navigation.
Faced with challenges in acquiring a commercial property with an existing government tenant, Darren stepped up to address frustrations and make the investment process smoother. His innovative and client-centric approach played a crucial role in overcoming the complexities of this unique real estate deal. Darren's dedication and expertise were pivotal in fostering a productive partnership and securing a successful transaction. His adaptability and tailored acquisition process created a supportive environment, leading to a successful and seamless deal for both parties involved.
Randy Miser
36,061 SF
Type: Office - Class B
Height: 3 Stories
Amidst the challenges of navigating the commercial real estate
market during the peak of the 2021 pandemic, Mark Crouse found himself in a complex situation while attempting to sell 5000 Letterkenny Road. The intricacy of the scenario was further
compounded by an environmental concern tied to the property.
Dating back to Mark's acquisition of the site in 2008, an old oil tank on the premises emerged as a critical factor. This environmental issue not only posed a threat to securing financing but also cast a shadow over the entire deal.
Darren played a pivotal role in crafting a tailored solution for the removal of the old oil tank, orchestrating its replacement with an eco-friendly propane heating system. This innovative approach proved to be a mutually beneficial outcome for both Mark and Darren. Not only did it salvage the deal by addressing the environmental hurdle, but it also introduced a more economically viable heating option for any future property owner. This collaborative effort not only secured the immediate transaction but left a lasting positive impact on the property's sustainability and cost-effectiveness.
Mark Crouse
121,000 SF
Type: Industrial Park - Class C
7 Buildings
Like most industrial property owners Darren purchases from, Pat didn't have any major problems. He was financially secure and it wasn't overly difficult managing the property from Florida. He was just at a time in his life where he wanted to simplify things, as well as make sure the property was in good hands to take care of his long-term tenants. Pat also had a very low basis in the property, so was potentially facing a very large tax bill.
Pat and Darren stayed in regular contact for over two years, building both trust and an understanding of how we could best work together. Pat owned a lot of real estate that was in sophisticated partnerships, so it took some time to come up with the best solution to meet all of his needs. Through their collaboration they decided that a seller financed sale allowed Pat to both receive the highest price, minimize his taxes, and continue to earn interest on almost the entire sale amount. It was a true win-win that could only be accomplished through trust and respect. Well, that and some very good attorneys.
Pat Walborn
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