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.

More Case Studies

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. 

1031 Exchange from Multi-Family to Multi-Tenant Retail

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.