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

Client Profile:

Private west coast family.

Strategy:

Client wanted to sell one asset and diversify into three different assets located outside California.

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. 

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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.

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

Outcome:

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