Recognizing that commercial real estate transactions involving seven- and eight-figure sums tend to include a number of entirely unique challenges, Jared Londry has offered his expert insight and expertise regarding the manner in which a broker should approach these issues through the release of a new publication on the subject. Londry, whose recent experience includes a vast array of commercial transactions ranging from $7.5 million up to $39.5 million, also discussed how buyers, sellers and brokers assign value to the various features associated with the building in question. |
“While I firmly believe each commercial real estate transaction is unique and therefore requires an individualized approach based on a multitude of factors, I also feel that there are certain principles that are consistently relevant when it comes to seven- and eight-figure transactions,” said Londry. “In the article, I discussed these principles with as much detail as possible, but I also took great care to address the kinds of unique features that often add to or detract from the perceived value of a commercial property.”
Londry, cites recent sales in the rapidly growing Charlotte, North Carolina, commercial real estate market, including the sale of the Accenture Credit Services building for $7.5 million and the sale of the Arlington -- best known as the “pink building” -- on South Boulevard for $7.4 million. Londry was also recently involved in the sale of three office buildings in Fort Hill, South Carolina, that yielded a total of $39.5 million, which is also discussed in Londry’s article detailing the strategies he typically favors for multi-million dollar commercial real estate sales.
About Jared Londry
An associate vice president who specializes in capital markets, Jared Londry has quickly become one of the top producers in the Carolinas. Londry holds an undergraduate degree from North Carolina State University and earned an MBA from the University of Georgia’s Terry College of Business.
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