challenge action result testimonial · testimonial “ matt and doug were a pleasure to work with....

CONTACT For a free Broker Opinion of Value (BOV) on your commercial real estate assets, please contact Matt Wilson or Doug Holtzman.

24500 Chagrin Blvd., Suite 100Beachwood, Ohio 44122216-342-2523WWW.ANCHORCLEVELAND.COM

70 RICHMOND ST. PAINESVILLE, OHIO 44077

SOLD!CHALLENGEThe asset was built in 1986 as a free-standing bank with a drive-thru lane. Although it was on a NNN-Lease, the small size of the parcel (0.339 acres) and the short lease term (2 years) posed major hurdles for investors seeking long-term leases or re-development plays.

ACTIONMatt Wilson and Doug Holtzman implemented an aggressive and proactive marketing approach to their Buyer and Broker database. They focused on the positives of the property (bite-size deal, replacement rent, county-seat, hard-corner location) to drum up investor demand. Their strong broker relationships helped ensure a much broader audience for the investment.

RESULTDue to their relationships with other brokers, they worked with an outside broker on a successful transaction. They obtained multiple offers on the property within the first round of marketing and the deal closed quickly. 1. Sold 97% of List Price 2. Contract to Close in 40 days 3. Multiple Offers Generated 4. Buyer found on first round of marketing

TESTIMONIAL “Matt and Doug were a pleasure to work with. Not only did they suggest a more aggressive Listing Price

that was above my expectations, but they were able to quickly come to the table with multiple offers

within a very close range of the List Price. They were extremely responsive and on top of the entire

transaction process. I would absolutely recommend them to any Buyers or Sellers and welcome the

opportunity to work with them again.”

— Dan, Principal at Consolidated Investments

Matt Wilson216.342.2580mwilson@anchorcleveland.com

Doug Holtzman216.342.2242dholtzman@anchorcleveland.com