Lease
HOOTERS
Hooters - Tacoma, WA
- Consulted the operator on maximizing property value through lease structuring
- Structured the lease to maximize property value and not over-burden the operator
- Increased value by 15%
- Procured a buyer through our 1031&DONE exchange program
- Successfully closed at 96% of list price
5 Rite Aid Portfolio
5 Rite Aid Portfolio - WA
- Increased portfolio value by 22.2% and owner’s equity by 29.1%
- Renegotiated the leases with Rite Aid on behalf of the owner
- Through industry relationships and market research, we identified and strengthened our client’s negotiation position
- Increased term by 10 years