TKG presented property details to a small number of highly qualified investors with the capacity to buy this type of property. We identified one of the longest standing, New England based, industrial investors. Together we help design a leaseback system that achieved the sellers/tenants’ goals and provided an acceptable return to the buyer.

The Klein Group analyzed the property based on its potential income which could be achieved in two years. Using an internal rate of return model, we were able to compare the property favorably to other stabilized buildings in the area. With this model, we marketed the building and within six weeks sourced multiple offers. During the marketing process, interest rates climbed over 200 basis points, subduing market pricing. We quickly met with ownership and adjusted the pricing to allow for an effective sale.