Record Setting Sale in downtown San Anselmo

Challenge:

The seller was concerned they would not get what they put into the building. Raising interest rates and a general disfavor with retail and office product could impact the value and sale price. Sellers sought a commercial real estate specialist who would guide them through preparing the building for sale, aiming for the best price and terms in a changing market.

Action:

During the property's ownership, Ces collaborated with owner-managers to decide on value-added improvements and aligned lease agreements with market rates and terms. This proactive approach made the property marketable in a short timeframe. Ces implemented a Full Market Exposure Program (FMEP), utilizing various sales channels such as social media, direct mail, industry subscriptions, cold calling, and networking.

Results:

Through FMEP, Ces located a buyer that valued the attributes of 550 San Anselmo Avenue and wanted a turnkey property investment in an established location. With a high down payment, the buyer was not concerned about interest rates and was thrilled to have a quality rent roll. Again, through an established marketing program and expert property preparation Ces had the property sales sold within 90 days of going to market.

Testimonial:

“When we purchased 554 San Anselmo we weren’t sure if or when we would want to trade out of it. We stayed in touch with Ces, followed his newsletters and periodically spoke about how best to manage and add-value to the property, so when one day we decided to sell, the property would be ready. As a result, Ces found a great buyer and the sale was quick and smooth. We recommend Ces to anyone that is looking for an honest and straightforward experience when preparing their investment real estate for sale."