Acquisition & Lease Up

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A strong cash client wanted to acquire an investment property with cash flow. StrickerCRE was able to leverage the client’s cash position and sought properties that had weaker deal facts (Expiring Lease, On market for a long time, Re-Zone needed, etc.) Derrick was able to provide client with true costs of this strategy (TI’s/commissions/vacancy). With Derrick’s help the client was able to acquisition and lease up the property with swift action; $300K lower than listing price, Executed 6-year leases that met NPV criteria and strategy.

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