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OVERVIEW 1120 38th Avenue NE | Sauk Rapids, MN ± 193,555 SF Industrial/Manufacturing Facility Property is Located 65 Miles North of the Twin Cities Just East of the Mississippi River Seller: The Ferkinhoff Brothers, LLC (St. Cloud, MN) Buyer: Hom Properties (St. Louis, MO) Single-Tenant, Long-Term NNN Leased  Investment Sale Sale Price: $6.9M ($35.65 PSF) For more information regarding this case study, please contact: LAMAR NEWBURN D  (952) 373-4833 Email // Resume   KAI THOMSEN…

OVERVIEW Project Name: 6th & 3rd Location: North Loop / Warehouse District (Minneapolis, MN) $21.1M Acquisition closed April 2020 Historic Adaptive Reuse from Industrial/Warehouse Facilities to Mixed-Use, Multi-Unit Apartment Housing, and Retail Uses Three Contiguous Land Parcels Totaling ± 1.87 Acres of Land For more information regarding this case study, please contact: KAI THOMSEN D  (952) 223-6724 Email // Resume   The Client CEDARst applies a vertically integrated approach to the development of residential assets…

OVERVIEW 160 North 12th Street | Brooklyn, NY 64 Keys, Boutique Hotel ± 25,059 SF Total Seller Representation Sale Price: $22,000,000 ($878 PSF) For more information regarding this case study, please contact: CHRIS VARJAN D  (212) 776-1272 Email // Resume   The Client The client was a national private equity fund, in the final disposition of a portfolio sale of hospitality properties located throughout New York City. The Challenge Far from a traditional limited service…

OVERVIEW Railroad Avenue | Florence Township, NJ 30.82 Acres Fully Approved for Industrial Development at Closing Approved Building Size: 300,700 SF Seller Representation For more information regarding this case study, please contact: BOB YOSHIMURA D  (610) 601-8504 Email // Resume   JOSEPH HILL D  (610) 601-8502 Email // Resume   ERIC MATTSON D  (610) 601-8503 Email // Resume   The Client Foxdale Properties is a privately held commercial real estate company based out of Pasadena,…

OVERVIEW 1440 Amsterdam Avenue | New York, NY ± 12,500 SF Lot Totaling 85,000 SF Buildable SF Seller Representation Structured Sale with Seller Getting Retail Condo/ Community Facility Upon Completion Sale Price: $7,900,000 For more information regarding this case study, please contact: CHRIS VARJAN D  (212) 776-1272 Email // Resume The Client The client was a generational family office based in Queen. The family had traditionally owned multifamily assets and was not a ground up…

OVERVIEW 145 Henry Street and 15-19 Wyckoff Street | Brooklyn, NY 83-Unit Value Add Multifamily Henry Street: 43-Unit Elevator Building Wyckoff Street: 40-Unit Walk-Up Building ~33% Rent Regulated ± 66,500 SF Total Seller Representation Approximate In-Place Cap Rate of 3.2% Sale Price: $36,650,000 ($550/SF) For more information regarding this case study, please contact: CHRIS VARJAN D  (212) 776-1272 Email // Resume The Client The client was a second-generation owner/operator who wanted to retire and get…

OVERVIEW 1622-1632 York Avenue | New York, NY ± 75,000 SF Development Site (Senior Housing) Buyer Representation Sale Price: $46,500,000 For more information regarding this case study, please contact: CHRIS VARJAN D  (212) 776-1272 Email // Resume The Client Engel Burman Group, a local developer and senior housing operator, alongside institutional capital partner, Harrison St Real Estate Capital. The Challenge Due to the specific programming, unit sizes, and zoning constraints; the client had provided us…

OVERVIEW 308 West 82nd Street | New York, NY 49 Unity Multifamily Asset ~30% Rent Regulated ± 25,000 SF Seller Representation Sale Price: $18,650,000 ($746/SF) For more information regarding this case study, please contact: CHRIS VARJAN D  (212) 776-1272 Email // Resume The Client Lee & Associates NYC represented the seller, a high net worth individual with global holdings, who sought liquidity in a turbulent real estate market. The Challenge This assignment was one of…

OVERVIEW 1320 Grand Avenue | San Marcos, CA Industrial Multi-Tenant Park “Value-Add” Repositioning Strategy Off-Market Transaction 52,289 SF 37 Incubator Suites Acquisition Price: $6,885,000 Disposition Price: $9,250,000 17-Month Hold Period For more information regarding this case study, please contact: RUSTY WILLIAMS D  (760) 448-2453 Email // Resume   CHRIS ROTH D  (760) 448-2448 Email // Resume   JAKE RUBENDALL D  (760) 448-1369 Email // Resume   The Client Focus Real Estate, LP, formed in April…