Epic goes Green. Solar Energy Developer Turns to Epic Professionals for Bright Ideas
Epic brokers Michael Nolan and Todd Heine exclusively represent a solar developer seeking multiple large parcels of land in various states to establish solar energy farms throughout the Southwest. The team acts as the main point of contact to the solar developer by working with real estate professionals in specified regions to find the most suitable sites for solar development. Michael and Todd’s guidance enables the client to make an informed decision by assisting them with the negotiation, research and presentation to make the acquisition process as smooth as possible. The team also works to educate land owners on the complicated process solar developers must go through in order to complete their projects. By creating an understanding between the buyer and seller, they are able to add significant value to the negotiations and help their client find the ideal property in a time efficient manner.
Epic Broker Finds Retail Developer for Seller; Property Sale Triples in Value
By closely following the industrial real estate market, Epic broker Marc Gensler learned material testing equipment provider Humboldt Manufacturing was looking to sell its existing industrial property to a retail developer. The deal was made at a price that was three times the value of an industrial sale. Marc then introduced the company to a bankruptcy property sale in Schiller Park, Illinois that was 10,000 square feet larger than the property they were previously in. By utilizing his vast network of relationships and combining experience with a creative edge, Marc was able to realize a gain of nearly $3,000,000 for Humboldt Manufacturing. He continued his hard work with the Village, granting the company a Cook County Class 6B tax incentive which will save the buyer over $500,000 in taxes over the next 12 years.
Despite Uncertain Market Predictions, Epic Broker Completes an "Epic" Lease
The article in Crain’s Chicago Business was discouraging: “Local industrial leasing hits 3-year low.” Leasing activity was down and large buildings were simply not getting leased. A week after the article was published, Epic broker Justin Lerner leased a 453,361 square foot industrial facility located on Rohlwing Road in Addison, Illinois to Domtar Paper Company, LLC. The prime location of the property, with access to rail lines and nearby interstates, was an important requirement for the buyer. By working diligently to find his clients the perfect space to fit their exact requirements, Justin managed to lease a large building against all odds.
Out With the Old, In With the New. Epic Helps Developer Turn an Outdated Industrial Facility into Condos
An old, outdated 175,000 square foot industrial building sat at the intersection of Grand and Armitage in Chicago. Epic brokers Phil Rosenberg and Ed Brandt sold their facility to a developer who renovated the building and divided it into smaller industrial condominium units. The developer then sold the units to users ranging from an electrical supplier and contractor to a Subway restaurant.
Epic's In-House Construction Manager Helps Seller Realize Record Price
Epic brokers Marc Gensler and Joel Friedland were hired by the G.C.C. Drum Company to sell their 138,085 square foot facility in Franklin Park, Illinois, as well as various other locations throughout the country. Epic’s in-house construction manager was brought into the project to conduct a pre-sale inspection, documenting the condition of the property prior to going under contract. This highly-effective technique, exclusive to the Epic Realty Partners team, prevented any possible re-trade and the sale was accomplished at a record price for a vacant property investment sale.
Time Constraints and Specific Requirements No Match for Epic Brokers
The Pierrel Group, an international dental pharmaceutical manufacturer, was looking to transfer their production from Elk Grove Village, Illinois closer to their headquarters in Milan, Italy. Pierrel’s goal was to dispose of their pharmaceutical lab campus in a short period of time. Through their expert knowledge of the O’Hare industrial market, Epic brokers Michael Nolan and Todd Heine were able to find the most aggressive purchaser to close in a time frame suitable for the Pierrel Group. |
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