The
ever changing world of retail requires real expertise to
navigate the waters successfully whether it is acquiring
or disposing of property. Here is a sample of our recent
success:
- Saved
CVS $1.9 million or 79% of the obligation
- Sold
a former Exxon for 106% of appraised value
- Saved
Albertson's $850,000 through a buyout of their lease
The
professionals at Baker Storey McDonald Properties have assisted
many retailers in the disposition of various types of sites.
These services include selling owned property, subleasing
an existing building, and terminating or buying out leases.
With a broad range of experience in this area, Baker Storey
McDonald Properties can help minimize the client's liability
through their efforts.
With a broad knowledge of the retail landscape and depth
of experience, Baker Storey McDonald Properties is able
to identify suitable replacement tenants, analyze the financial
aspects of the deal, and negotiate an advantageous deal
for the client, even though the properties might be deed
restricted or environmentally impaired.
A
partial list of disposition clients include Circuit City,
Exxon Mobil, Albertson's, CVS, McDonald's, BP, Service Merchandise,
Jumbo Sports, Red Lobster, Red Robin, Kroger, Frank's Nursery,
General Motors, Bank of America, SunTrust, First Republic
Bank, Wachovia, and US Bancorp.
No matter what your excess space situation, Baker Storey
McDonald Properties can help you to realize the economic
potential of your asset.
