We specialize in Seven areas of Commercial Real Estate to better serve our clients
We specialize in Seven areas of Commercial Real Estate to better serve our clients.The specific areas of services are:
Tenant Representation We have a great deal of experience in representing Tenants in screening, viewing and selecting a facility to move into. Working with you, the Tenant, to become familiar with the lease agreement and its sorted procedures, educating you about contractual language, making the lease agreement fit your specific needs. Advise you as to what the market conditions are, what you can and can not do with various properties. Assist and advise you in making one of the most important decisions facing you, and your company.
Owner Representation With our experience we will assist you in preparing your property for lease or sale. We will together work through a plan to market your property. With proven techniques we will move your property onto the market. We are familiar with market rates; procedures in screening prospective tenants or buyers, and assisting you with the small details from start to finish. With marketing brochures, newspaper ads, Internet tools and networking with local and regional real estate companies we will give your property the exposure it needs to assure success.
Leasing We have been leasing properties for owners since 1999. We are familiar with the needs of big tenants and little tenants. Also familiar with the issues of buildouts, amortization's, free rent, tenant concessions, options to renew, annual increases to name a few. We have used several different types of leases in the marketplace Gross, NNN, leases from 2 pages to 75, from text book forms to custom. In meeting with you, we will set the objectives and expectations together. Once a listing agreement is signed, we would commence immediately and adhere to the marketing strategy. Once offers are received, we will assist you to evaluate and advise to bringing the deal together.
Investments In Seeking an Investment, we will assist in defining your objective, the type of property you would be most comfortable with, the type of risk, the location, etc . . . Then we would conduct a search for the Investment based upon our objective criteria. We would than inspect the various properties available and make an offer on the first choice when appropriate. Most importantly, the Investment needs to meet your expectations. A property you would be proud of to own.
Land Selling or Purchasing Help and assist you either select a parcel to purchase or evaluate your property for its highest value. Will investigate market factors, such as: zoning, size, frontage, contamination issues and access. We will evaluate items such as: site limitations, comparable sales and concerns within the immediate area.
In selling your parcel, we will market the property at its highest price possible. We will review all offers, will evaluate their strengths and weaknesses of each. If it is necessary, we will prepare a response accordingly, assuring your position is strong throughout the transaction to its successful close.
In purchasing a parcel, we will go through the choices available within the geographical area, evaluate all factors in making our selection, then make an offer . . . negotiating to a successful close.
Property Management We have been managing properties since 1999. We are a small company, able to provide you with our utmost attention. We have specialized in Retail, Commercial and Industrial Properties. We are in contact with local and regional contractors and service people. We get involved with the property and learn about the tenants. Property Management is not just the act of collecting rents and listening to tenants complaining. Your property is a means of generating income for you; it needs to be taken care of. It is a springboard to other opportunities. It is very similar to a garden, its needs care attention and maturing for it to flourish and grow. We would be happy to provide a brochure outlining our services and providing testimonials. We would be pleased to meet with you to go over your concerns, in order to develop a proposal. In managing your property, we do offer a discount on leasing commissions.
Consulting Sometimes you may not need a real estate broker to negotiate on your behalf. Many times clients, friends and associates of mine are unsure of which way to proceed, which property to choice, which lease form to use, what price to offer, how to prepare the property for lease or sale, should I this or should I that. We must have all experienced similar situations at one time or another. By being in the real estate business and managing properties since 1999, we have come across a number of people making tough choices. We can offer you the benefit of our experience to help guide you in making these tough decisions. We are available as consultants to listen to your concerns and assist in providing a solution to your dilemma.
Mike Vachani - "The Land Guy"
DRE Lic # 01279002
" I believe in giving each Client the one on one attention they deserve and therefore will make it my personal mission to satisfy their needs"
The demand for land will continue to be strong in the next few years especially compared to other forms of real estate. In fact, the major media is reporting a strong, positive message in recent articles about land:
www.LandFlip.com – the premier land website, recently conducted a poll asking “When are you likely to purchase land?” 73% responded said they plan to purchase land in the next 12 months!
USA Today – According to a poll commissioned for the National Association of Realtors, 60% of Baby Boomers want to retire to a small town. The article concludes that Boomers have “an almost insatiable desire for real estate….they see real estate as a way to build and protect a nest egg.”
Why vacant land? “For a lot of people, it’s a dream to have a second home, but they really can’t afford it, so, they buy a lot.” Many Boomers are buying land with hopes and dreams to one day move on the property.
New York Times – “The real estate market may have cooled, but investor demand may soon be heating up for at least one type of property: land. Skip to next paragraph“ The time is ripe to start looking; I haven’t seen this market in 20 years,” said Jaime Raskulinecz, a real estate investor from NJ, who wants to buy land in the hard-hit market of Cape Coral, FL. She found lots for sale on or near the water at about a third to half below their peak prices of two years ago. On a larger scale, Ray Alcorn, an investor in VA, is picking up parcels of land after two years on the sidelines. He has bought more than 100 acres throughout VA this year, much of it at reduced prices.
www.Bloomberg.com – “…farmland is having its biggest revival in almost 30 years as demand for corn and soybeans from Asia and the ethanol industry drive commodity prices to record highs. From Iowa to South Dakota to Wyoming, gains in rural land prices have ranged from 78 percent to more than 200 percent.”
New York Times – “Farm values probably will rise at an annual rate of 6 percent to 10 percent in the next five years,” said Murray Wise, of Westchester Group Inc. manager of $550 million of global farm tracts. In comparison, the median U.S. home is forecast to gain 1.2 percent through 2010, the Mortgage Bankers Association in Washington said. ``It's just crazy out there right now,'' said Mac Boyd, 65, a real estate broker in Arcola, IL, who has sold farms for more than three decades. “The land market has never been stronger.”
www.DailyWealth.com – "Timberland has actually beaten the stock market since 1960 (as far back as d ata goes). Stocks did extremely well in that time... up nearly 12% a year. But the total return on timberland was even better, at nearly 14%. Another nice thing is timber is completely uncorrelated to the stock market. It makes sense... the trees have never heard of the Nasdaq bubble... and they don’t know what a War on Terror is."
www.LandFlip.com – Emily Wilson, a realtor in Shelbyville, TN (south of Nashville) was asked to comment on land sales in her area. She stated “acreage is selling better than homes in our area. We sell a lot of horse farms and high dollar properties…but if I were depending on starter home sales for a living, I’d be crying hard times. Instead, our company sales are up $1 million over this same time last year.”
"Buy Land. They’ve stopped making anymore" – Mark Twain