Notable
Transactions
Recent
Closings
ISM Building,
Evansville, IN
80,000 SF Industrial
On market approximately 5 years with another
firm.
We received multiple offers and sold within $10,000 of projected price
within 1 year.
Client:
SOPRAMCO
REO Fairmont, Lexington,
KY
42,561 SF - 48 Units
On market approximately one year with competing
brokerage firm. Property had significant deferred maintenance
and high vacancy. Listed with our firm
and was under contract in 14 days. We
received multiple offers and sold for more than the projected sale price.
Client:
Wells Fargo/Crown Northcrop
REO Medical, Evansville, IN
SF: 6,274 – 1.12 Acres
Client: Midwest,
Inc.
Client listed property with 3
other firms prior to listing it with us and had been on the market for 2
years. We adjusted the price down
$10,000, implemented our marketing, and received a full price offer within 30 days
from a group of doctors. Closed in 45 days with numerous building condition issues at 99.6%
of asking price and buyer paid for all inspection reports, surveys and most of
the closing costs.
Highland Hills Apt, Evansville, IN
132 Unit Class C Asset
N. Green River & Morgan, Evansville, IN
Stanton Optical
Client: Showplace
Cinemas
Build-to-Suit
with multiple offers on site.
Tri-Star Building, Irving,
TX
67,535 SF - 3.63 Acres
Major Tenants: Budd Van Lines, Inc.
Client: Lincoln National Life Insurance Company
Multiple Offers
Lakeway Building, Lewisville,
TX
125,253 SF - 7.46 Acres
Major Tenants: J.A. Majors & Nishimoto Trading Company
Client: Lincoln National Life Insurance Company
Multiple Offers
Whitewater Trade Center, Connersville, IN
141,770 SF - 22.6 Acres
Major Tenants: Wal-Mart, LoBill, Fashion Bug
Client: Developers Diversified
Williamsburg on the Lake ,
Evansville, IN
200
Units
Our firm represented the buyer.
Client: Brookside Properties
Pine
Meadow Apartments, Newburgh, IN
78
Units
6 full price or better offers in 10 days.
Sold over asking price.
Client: Pine Meadow Apartments, LLC
Morganfield
Townhouses, Madisonville, KY
30 Units
CA
seller bought the project 9 month prior while listed with a local broker. They
made the decission that this investment wasn't for them and listed it with us.
Within one week we were under contract with a west coast buyer and sold it for
36% more money than the seller paid for the project. Buyer was represented by
another west coast brokerage firm.
Client:Morganfield Townhouse Properties, LLC
Lake Nora/Fox
Club Apartments, Indianapolis, IN
429,500 SF -924 Units
Bond financed with non-profit
Client: Church of God
Tenneco - NNN
Industrial, Evansville, IN
28,800 SF - B+ Credit Tenant
We
were able to produce a buyer that closed in 6 days at 98% of asking price.
Client: Challenge Properties
REO Pleasant
Green Apt, Evansville,
IN
78,300 SF
- 88 Units
On market approximately one year with competing
brokerage firm. Property had significant
deferred maintenance and high vacancy.
Listed with our firm and was under contract in 14 days, which closed 60
days later. Received multiple offers and
sold at projected sales price.
Client: Wells Fargo/Crown
Northcrop
Retail Land , Evansville, IN
6 Acres - N. Green River Rd. & Morgan Ave.
After 5 years on the market, Sperry Van
Ness/Martin Commercial Group was retained to market the property. After
multiple offers, we successfully closed this transaction for more per square
foot than the asking price and the seller retained approximately 1.60 acres.
Client: Business Building,
LLC
Assisted Living, New Castle, IN
59 Bed Class A Facility
Sold to national operator.
Client: Henry County
Memorial Hospital