09 Dec 2022

Case Study: Result Real Estate Incorporated has assisted its clients in acquiring properties in outstate Minnesota and outside of Minnesota.

0 Comment

Results Real Estate Incorporated is located in Minneapolis and while most of its transactions tend to be near the Minneapolis Metro Area, RREI does assist clients in property transactions in locations far outside of the Minneapolis area.

Here are a couple of examples:

Fergus Falls, Minnesota

Fergus Falls, Minnesota is a small town of around 14,000 people located about 180 miles northwest of Minneapolis. RREI found a property that was an ideal fit for the investment goals of its client.  The goal was to find a local stable, non-risk, affordable investment with minimal property management constraints on his time.

The building was 5,134 SF on .53 acres. The building, which was built in 2013, had one tenant, ”Maurices“, a women’s fashion clothing store.  Maurice’s has over 2,800 sites nationwide.   The building features plenty of parking and great visibility.

The transaction was finalized in January 2022.

The negotiation process went smoothly with all issues being quickly resolved.  The client was delighted with the results.

Atlanta, Georgia Area

Atlanta, Georgia is significantly further away from Minneapolis than Fergus Falls, but when it comes to finding the best commercial property to meet it’s client’s needs, distance or state boundary lines are not an obstacle for RREI.

The Buyer is a long-time client of RREI. RREI found this building for its client and represented them for the purchase.  RREI has also found and negotiated 2 other property acquisitions over the past few years for this client.

The building size is approx. 25,500 SF; the lot size is 1.95 acres. The building, which was built in 2001, currently has one tenant (Office Depot), and the primary use is retail.  The building features 1 loading dock and 2 parking areas.

The property is the Office Depot Building in Conyers, Georgia.  The transaction was finalized on March 31st, 2022.

RREI has a multiple-phase system that ensures that every detail, every potential problem, and every need is addressed and planned for.  This system, combined with RREI’s tenacious approach to client representation, help ensure that this transaction met the client’s needs.

When dealing with RREI, one can be assured that Geography will not be a limiting criterion for your commercial real estate solution.