Competed with a direct offer on this and generated $3M+ in additional proceeds for the seller.
Feels good to see the power of a competitive marketing process.
Just Listed - NNN Building Materials & Lumber Center
Tenant has been the dominant player in its county for 30+ years and now sits inside a national platform with 60+ locations across 18 states.
For more information, please contact: [email protected]
A ~700 home development is proposed in Moorpark, CA. This is what the path to approval looks like:
Environmental study alone: ~2 years
Earliest ballot date: 2030
Homes ready to sell: 2032–2033 at the earliest
Another reason why California has a housing shortage.
@ClintFiore Similarly, a big reason sale-leasebacks don't pencil for real estate attached to M&A. The business usually can't support a market rent to justify the value
Competed with a direct offer on this and generated $3M+ in additional proceeds for the seller.
Feels good to see the power of a competitive marketing process.