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Historic Adaptive Reuse: Industrial Facilities Turned Mixed-Use, Multifamily Housing, and Retail

OVERVIEW Project Name: 6th & 3rd Location: North Loop / Warehouse District (Minneapolis, MN) $21.1M Acquisition closed April 2020 Historic Adaptive Reuse from Industrial/Warehouse Facilities to Mixed-Use, Multi-Unit Apartment Housing, and Retail Uses Three Contiguous Land Parcels Totaling ± 1.87 Acres of Land For more information regarding this case study, please contact: LAMAR NEWBURN D  (952) 373-4833 Email // Resume   KAI THOMSEN D  (952) 223-6724 Email // Resume   The Client CEDARst applies a…

12-Store Retail Portfolio Sale-Leaseback: Ollie’s Bargain Outlets

OVERVIEW Central and Eastern U.S. 484,194 SF (12 Store Portfolio) 100% Occupancy Built: Various Sale Price: $42,669,000 ($88/SF) 6.85% In-Place Cap Rate For more information regarding this case study, please contact: REBECCA WELLS D  (317) 726-7305 Email // Resume The Client Our client, Ollie’s Bargain Outlets, is a privately-held, fast-growing, extreme value retailer. Taking advantage of the bankruptcy of Toys“R”Us, Ollie’s purchased 12 owned stores at bankruptcy auction, converted them to Ollie’s and then engaged…

Medical Practice Relocation Yields an Income-Producing Asset in Cincinnati, Ohio

OVERVIEW 11001-11039 Montgomery Road | Cincinnati, OH 21,965 SF (Two-Story) Built: 1987 Renovated: 2010 Sale Price: $1,236,700 Buyer Representation For more information regarding this case study, please contact: DAN MCDONALD D  (513) 588-1113 Email // Resume The Client Montgomery Family Medicine had outgrown their existing space and wanted to evaluate nearby sites for an expansion of their 40-year-old medical practice. At that time, the physicians expressed an interest in owning – rather than leasing -…