| Keen Consultants(SM) |
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For examples of selected investment property sales, click on the client names below. Additional client summaries are available upon request.
Family Golf Centers DIP
- Round 1 – Marketed 34 golf and family entertainment facilities in 13 states; negotiated complex bulk sale; sold portfolio as a package for $15.7 million.
- Round 2 – Marketed 77 golf and family entertainment facilities in 20 states and Canada for auction; sold entire portfolio within three weeks, for $110 million; matched full target value.
Fleming DIP
- Sold Chouteau Crossing Shopping Center, Kansas City, MO.;
110,000-sq. ft. center shadow-anchored by Target, for $10.5 million.
- Sold investment properties in:
- Little Rock, AR. (7,200 sq. ft. retail property rented to Family Entertainment Superstores)
- Wendell, NC. (13,300 sq. ft. local supermarket)
- Salem, VA. ($1.8 million for a 194,310 sq. ft. distribution center rented to Home Shopping Network)
Grand Court Lifestyles Liquidation Trust
- Sold 15 multifamily complexes located in six states for $61.2 million.
- Sold unsold sponsor shares to 48 co-op units in Brooklyn for $3.5 million.
Long Island Shopping Centers
Sold, on behalf of a receiver, two strip centers totaling 48,085 sq. ft., for $5.6 million.
The Penn Traffic Company DIP
Sold 161,456 sq. ft. office building in Johnstown, PA., for $7.7 million.
Port West
Sold 1,122,318 sq. ft., 1,280 unit, apartment complex in Columbus, OH, for $13.6 million.
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