Acquisitions & Disposition
Optimizing Transactions
Working closely with clients, Griffin evaluates the potential of individual properties by identifying capital expenditures, leasing risks, pro forma investment returns, and a recommended purchase price. A strategic plan is then developed and executed for each property to maximize the property objectives. While disposition of the property is not the initial/primary goal, many times it is a critical action needed to optimize the investment performance and take advantage of market cycles. Sale and/or exchange analysis is reviewed annually for each property.
Acquisition and Disposition Service Include:
- Property evaluation
- Market analysis
- Strategic planning
- Risk analysis
- Building pro forma
- Cash flow pro forma
- Investor pro forma
- Financing
- Closing
- Sale Presentation
- Disposition Management
The typical property acquisition has been derived from targeted markets that enabled the firm to apply its own blend of aggressive redevelopment, experienced in-house management, and responsive leasing arrangements.
The firm’s acquisition criterion focuses on creating the highest possible return on investment. The criteria has included properties located in major and secondary markets in the Southwest United States with populations of more than 250,000; a minimum of 100,000 square feet; and a preference given to transactions where acquisition cost is a discount to replacement cost.