The Client Need
The client was a bold investor eager for an ambitious commercial investment opportunity. They had a high-risk appetite and were open to acquiring a large, underutilized commercial property with the potential for significant returns, whether securing new tenants or repositioning the property for a profitable sale.
Our Solution
We dove into intensive market research and identified a substantial industrial and office property near the Grand Rapids Airport—a prime location. Despite its desirable location, the property had lingered on the market due to unidentified challenges, rendering it a potentially lucrative opportunity for the right investor.
Representing our client, we successfully negotiated a favorable purchase price, accounting for the risk and potential rewards. Recognizing the property's latent potential, we identified opportunities to stabilize the investment asset, making it more appealing to the broader market. This included strategic repackaging and targeted marketing efforts to attract interest from a suitable user or buyer.
The Collaborative Win
Within 18 months, our diligent efforts bore fruit: we identified a viable user and buyer for the property. We skillfully negotiated the sale, resulting in an extraordinary return for our client—a whopping 145% return on investment in just a year and a half. This remarkable outcome exemplifies the power of astute market analysis, strategic investment, and effective marketing in achieving outstanding returns in the commercial real estate sector.