Our firm is retained periodically to handle the disposition or acquisition of real estate assets. This work is typically a follow-up to a counseling assignment, once the decision is made that a property sale or purchase is the best option. The thorough knowledge of the property and market obtained in the initial counseling phase offers an extremely strong platform for a successful disposition, or an efficient investment search in the case of an acquisition. Our approach is to market properties on a direct basis to prospective buyers, but we will work with brokers if they exclusively represent a qualified buyer. We begin by preparing a professional marketing presentation and developing a prospect list. Once we have generated buyer interest, we are careful to qualify the buyer’s ability to perform. We will handle all contract negotiations and assist the buyer through the due diligence process in order to achieve a timely closing. To view an illustrative example, please click here.
A sample of our assignments involving the successful acquisition or disposition of real estate assets includes:
London-Feldman Companies owned a partially-developed office park that had experienced some lease-up difficulties following the 2001 economic recession and corresponding slump in the office market. We handled the property’s sale to Grove Street Partners, which took steps to re-position the development.
We were retained by the Partnership Against Domestic Violence (PADV) to help find a new safe house location in Gwinnett County. After an extensive search, property was identified that met PADV’s requirements and a successful purchase was consummated.
Gay Construction wanted to relocate their offices and acquire their own building. We assisted with the property search and negotiated the purchase of a 50,000-square-foot building in Vinings.
We represented Katsu International when they purchased The Prado, a 200,000-square-foot, office/retail development, in December, 1992. As a testament to the client’s satisfaction with our services, we were asked to represent them again when the property was sold 14 years later to The Sembler Company at a significant profit.
Parr-Dinkard Investments, LLC owned one of the largest tracts of undeveloped land in Woodstock, Georgia. Its size, physical attributes, and zoning lent themselves to a mixed-use development, and we successfully consummated a sale of the property to John Wieland Homes and Neighborhoods.
On behalf of RHD Partners, a family limited partnership, we handled the disposition of 17.89 acres in Acworth, Georgia, for a mixed-use development. A 15.68-acre site in Gwinnett County was also sold for development of ranch condominiums.
