Keys to Successful Portfolio Sales: Capital Pacific wraps up Sale of 39 Wendy's & Jiffy Lube Properties
 Capital Pacific’s San Francisco office has just closed two significant portfolios consisting of 39 properties.The first, a portfolio of 13 Wendy’s restaurants, featured investments in the expanding Houston, TX market. Over 12 months, Capital Pacific sourced qualified buyers and overcame obstacles to successfully close the individual transactions. The final sales price of the portfolio was $20,136,000: within 95% of the list price! The second portfolio consisted of 26 Jiffy Lubes in 9 markets across the US. Capital Pacific overcame issues associated with individual stores, such as environmental impact on the sites, small market locations and short term leases. Capital Pacific has learned how to uncover and address all potential buyer concerns for each property before going to market and how to source the right buyer for the “A” the “B” and most importantly, the “C” level properties. Two portfolios are currently listed by Capital Pacific: Steve & Barry's properties in IN, OH, and TX, and Damon's restaurants in OH and PA. |