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

1031-Exchange

Generational Asset in Los Angeles Sold | Proceeds Used to Purchase Three Wendy’s in Three States

Outcome:

Client now owns three single-tenant Wendy’s properties located in three different states, each with 20-year lease terms instead of the 5-year term of their previous property. Additionally, the client was able to increase their cash flow.

Sourced a $35 Million Development Credit Facility for a Rapidly Expanding Car Wash Operator in the Southeastern United States

Outcome:

Client selected a family office to provide funding for the development; sites are currently under construction.

Tenant Advisory

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