Case Study: Industrial Warehouse Sale
An individual who formerly operated his business from the building and leased the remaining space to multiple tenants in various configurations over the years.
Dispose of an empty 120,000 SF distribution building including 15,000 SF of office space located in the Northwest Houston industrial submarket. While the facility was structurally sound and the office space was in good condition, the twenty year old building, with its original roof, was configured for a single tenant only.
- Market comparables & building valuations
- Comprehensive marketing strategy to reach potential investors and users
- Cold calls to neighboring tenants and owners
- Guided all property tours with potential buyers
- Negotiations and closing
Despite repeated buyer concerns over the age of the roof and the single tenant layout, our team proactively generated significant interest in the building and closed the sale within ten (10) months after listing it on the market.