1031 Exchange from Vacant Industrial to Cash-Flowing Single-Tenant Retail

Client Profile:

Seattle-based owner sold vacant industrial property and acquired cash-producing well located retail property.

Strategy:

Coordinate the sale of a vacant industrial property in Bellevue, Washington, and facilitate a 1031 exchange into a cash-flowing asset.

Outcome:

  • Following sale of the under-performing industrial property.
  • Identified newly constructed, 100% leased replacement property.
  • Markets procured long-term, fixed-rate financing.

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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.

MATCHMAKING A DEVELOPER & FUZZY’S

Outcome:

  • TESTIMONIAL: Century Partners has been instrumental to my company’s growth. They introduced several developers who could assist in structuring a strategic new store rollout plan. They have helped me grow at a faster velocity than going at it alone and have allowed me to stay out of the time-intensive real estate component and focus on running a stellar operations company.