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

Client Profile:

Private Southern California-based family.

Strategy:

Dispose of a generational asset as a covered land play to someone who could unlock future value in the asset.

Outcome:

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

More Case Studies

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.

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.