Our team specializes in site selection and commercial land in the southeast, with our efficient standard work procedures and dedicated support staff, we are able to generate off-market opportunities in any market. Additionally, we will send you updates on any sites that hit the market in your target areas. Once give your criteria and goals, we will begin a master assignment and create multiple opportunities for your group to chase and execute.
In our world, we brokers wear two primary hats: That of an Advisor and that of a Marketer. Our team takes great pride in seeking to be the best in class in both. When seeking to market properties well, it is a matter of gathering and summarizing all of the relevant property information in as concise a format as possible and then putting it in front of as many potentially interested parties as possible. Our primary steps for accomplishing this are as follows:
Through our years of experience in commercial land, we have built a thorough a great relationship with a large number of developers and tenants. We have also collected a large database of contacts and information that we utilize to who would be the best fit for a site and how to get it in front of them quickly.
The Challenge:
Medical Associates Plus (MAP) reached out requesting the analysis of an upcoming acquisition.
In the process of this discussion, MAP inquired regarding lease w/ purchase option that the group was negotiating, and asked for an opinion on the terms. Our team offered to perform a Broker's Price Opinion (BPO) on the building and a review of the lease terms.
The tenant was purchasing this building along with the practice, and as there were multiple partners in the practice, which made for delicate negotiations.
The original terms asked for MAP to be responsible for taxes and insurance, which is not common and placed liability and uncertainty on our client. Also, after the free rent period elapsed, the rate escalated quickly to a rate that we perceived to be high.
The purchase option seemed unusual, with the price escalating every year, and the starting price seeming very high.
Our Approach:
Performed a Broker’s price opinion, including a survey of available properties including private offices and hospital complex properties. Our recommendation was to counter the offer with a lease rate based on our numbers, and a purchase option based on the market comparables.
Communicated with the landlord’s broker, and explained our rationale and numbers.
Results:
Saved the tenant over $200,000 between the lease rate and purchase option.
Negotiated better terms and less liability.
Our fee was paid for by the landlord, so MAP didn’t have to pay anything.
Client Testimonials:
“Jonathan Aceves and the team at Meybohm has exceeded our expectations. On our last acquisition they helped negotiate better terms than we thought possible, and we routinely rely on them for valuation advice on medical office buildings. Great work! Would highly recommend them!”
Wesley Wood, CFO | Medical Associates Plus Medical Center
We use advanced mapping and demographics tools to study the markets and help identify the best locations
We focus on off-market opportunities, and have a proven track record of finding killer sites
We can assist with negotiation, due diligence, transaction management, and entitlement
We help identify markets that meet your client's requirements, and handle the market analysis, phone calls and emails required to find sites, and let you focus on deal-making.
We can evaluate residuals, and help you put together multi-tenant deals--we handle REO and Surplus property work for other national developers and retailers.
You need a team with access to detailed analysis, ensuring you're not leaving money on the table.
Click on the button below to schedule a time to talk with one of our advisors. We'll ask some questions about your goals, and we'll collect information about your site selection needs.
We'll present you with a proposal to move forward. This will have detailed information about our process along with case studies and success stories from similar assignments.
We'll talk together and decide if our team is a fit for the assignment. We may not be the right team to work with your company, and we try to be careful to work with companies whose values match our own.
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