{"id":8310,"date":"2020-12-02T19:27:25","date_gmt":"2020-12-03T03:27:25","guid":{"rendered":"https:\/\/bmcre.freewebsite.org.in\/wp1\/case-studies\/owner-user-acquisition\/2492-walnut-ave-suite-120-tustin-ca-dup\/"},"modified":"2020-12-03T17:23:58","modified_gmt":"2020-12-04T01:23:58","slug":"15529-ramona-ave-victorville-ca","status":"publish","type":"page","link":"https:\/\/bmcre.freewebsite.org.in\/wp1\/case-studies\/investment-sales\/15529-ramona-ave-victorville-ca\/","title":{"rendered":"15529 Ramona Ave, Victorville, CA"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"8310\" class=\"elementor elementor-8310\" data-elementor-settings=\"[]\">\n\t\t\t\t\t\t<div class=\"elementor-inner\">\n\t\t\t\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-166e52b elementor-section-stretched elementor-section-content-middle elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no\" data-id=\"166e52b\" data-element_type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-extended\">\n\t\t\t\t\t\t\t<div class=\"elementor-row\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7ab5ce8 margin-left-65\" data-id=\"7ab5ce8\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-column-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-225086f elementor-widget elementor-widget-heading\" data-id=\"225086f\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-xl\">Single Tenant Net Lease Investment Property<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8977cdc elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"8977cdc\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-31f0954 apus-heading-about elementor-widget elementor-widget-heading\" data-id=\"31f0954\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-large\"><font color=\"#dcc397\">Challenge<\/font><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f28800f elementor-widget elementor-widget-text-editor\" data-id=\"f28800f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Our client, a real estate developer that specializes in BTS for County and State Government Agencies, acquired the subject property via foreclosure proceedings. Their plan was to redevelop the retail automotive site into office space able accommodate a government agency with an office requirement of approx. 40, 000 square feet. Shortly after acquiring the property the City re-zoned the area in a manner the precluded the development of any additional office product. After 4 plus years and three failed attempts by 3 other brokerages we were tasked with \u00a0finding a buyer for the performing asset.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-55a49ee elementor-widget elementor-widget-heading\" data-id=\"55a49ee\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-large\"><font color=\"#dcc397\">Solutions<\/font><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-54fa503 elementor-widget elementor-widget-text-editor\" data-id=\"54fa503\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>The goal of the seller was to achieve premium pricing at the then prevailing CAP Rate. Through the Utilization of our digital marketing platform, email and phone campaigns we were able to procure much interest and sourced multiple offers.<\/p><p>In addition, this transaction allowed our client to significantly strengthen their financial position and provided additional capital to be used for other Build to Suit opportunities netting higher returns.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-31ce2af elementor-widget elementor-widget-heading\" data-id=\"31ce2af\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-large\"><font color=\"#dcc397\">Results<\/font><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6f77a49 elementor-widget elementor-widget-text-editor\" data-id=\"6f77a49\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-text-editor elementor-clearfix\">\n\t\t\t\t<p>Offers: 4<\/p><p>Targeted Sale Price: $1,000,000.00<\/p><p>Final Sale Price: $990,000.00<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Single Tenant Net Lease Investment Property Challenge Our client, a real estate developer that specializes in BTS for County and State Government Agencies, acquired the subject property via foreclosure proceedings. Their plan was to redevelop the retail automotive site into office space able accommodate a government agency with an office requirement of approx. 40, 000 square feet. Shortly after acquiring the property the City re-zoned the area in a manner the precluded the development of any additional office product. After 4 plus years and three failed attempts by 3 other brokerages we were tasked with \u00a0finding a buyer for the performing asset. Solutions The goal of the seller was to achieve premium pricing at the then prevailing CAP Rate. Through the Utilization of our digital marketing platform, email and phone campaigns we were able to procure much interest and sourced multiple offers. In addition, this transaction allowed our client to significantly strengthen their financial position and provided additional capital to be used for other Build to Suit opportunities netting higher returns. Results Offers: 4 Targeted Sale Price: $1,000,000.00 Final Sale Price: $990,000.00<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":8188,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-8310","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/bmcre.freewebsite.org.in\/wp1\/wp-json\/wp\/v2\/pages\/8310","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bmcre.freewebsite.org.in\/wp1\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/bmcre.freewebsite.org.in\/wp1\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/bmcre.freewebsite.org.in\/wp1\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bmcre.freewebsite.org.in\/wp1\/wp-json\/wp\/v2\/comments?post=8310"}],"version-history":[{"count":12,"href":"https:\/\/bmcre.freewebsite.org.in\/wp1\/wp-json\/wp\/v2\/pages\/8310\/revisions"}],"predecessor-version":[{"id":8369,"href":"https:\/\/bmcre.freewebsite.org.in\/wp1\/wp-json\/wp\/v2\/pages\/8310\/revisions\/8369"}],"up":[{"embeddable":true,"href":"https:\/\/bmcre.freewebsite.org.in\/wp1\/wp-json\/wp\/v2\/pages\/8188"}],"wp:attachment":[{"href":"https:\/\/bmcre.freewebsite.org.in\/wp1\/wp-json\/wp\/v2\/media?parent=8310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}