The Vendor was not motivated to sell and wanted to hold the property long term and as a legacy asset.
The Strategy and Action
Through our diverse network and clientele, we presented this as an Off Market Opportunity to our qualified buyer pool.
We acted and were consistent in presenting the Vendor with offers throughout several years until the Vendor was ready to sell.
Solution and Outcome
A qualified and well capitalized developer came to the table with a good offer that made sense for the Vendor to sell.
The outcome was a win-win solution as the Vendor got a premium price for selling their asset and the developer secured a visionary project to work on.
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