THE DEAL

›› Worked with the developer through all aspects of the project from land acquisition to investment sale

›› Negotiated purchase of raw land

›› Assisted developer with identifying the appropriate engineers and architects

›› Consulted with engineers and architects to recommend site plan and building characteristics that are desirable in the market place to achieve high rental rates

›› Executed leasing marketing plan

›› Identified out of town investor to sell “off market”

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THE HURDLES

›› Took an undeveloped site into a fully leased portfolio

›› Speculative development, understanding the leasing market to build a product that is highly desirable

›› Negotiated and closed an investment sale in 2020 during the COVID-19 pandemic

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RESULTS

›› Pre-leased the entire three building portfolio before construction was complete

›› Sold the three building (22,000 SF) portfolio for $3,050,000 “off market” to achieve the highest industrial price per square foot sale in Goochland County

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Call Ben at 804-793-0046 for more information