1031 Exchange from Multi-Family to Multi-Tenant Retail

Client Profile:

California-based investor who had sold a Los Angeles apartment building and sought less management intensive ownership.

Strategy:

Assemble a high-quality, low-risk, geographically diverse portfolio of triple net properties with laddered lease expiration dates.

Outcome:

  • Century Partners sourced three (3) trophy-quality properties including (a) ATI + Blaze Pizza in Fishers, IN, (b) Cafe Rio & T-Mobile in Castle Rock, CO, and (c) Potbelly, ATI, & Noodles Co in St. Charle’s, IL. The properties were all sourced on an off-market basis through Century Partners’ national relationships.

More Case Studies

Sale-Leaseback of 7-Property Portfolio

Outcome:

  • Client received multiple offers and selected the group offering the best terms. This sale allowed the tenant to free up capital they then used to build more stores.

Trophy Asset Sold, Six Properties Acquired via 1031 Exchange | Achieved 40% Boost in Cash Flow

Outcome:

  • Client sold an underperforming asset, diversifying into six single-tenant properties with 20-year lease terms, increasing their cash flow by 40%.