The team at CMP Real Estate Group understands the value of our clients’ investment portfolios, so we take an individual and aggressive approach to each of our client’s real estate objectives. We work closely with you to ensure that an appropriate strategy is developed and implemented for your project. CMP advises on each deal, from initial contact to the closing of the transaction. Our market knowledge and experience in structuring successful real estate transactions over the years allows us to provide enormous value to our clients.
Our policy requires that a minimum of two agents on our team are assigned to each listing project. The team is responsible for creating and implementing a strategic leasing/sales plan to maximize the value of the asset. Our process:
» Immediately instruct our marketing team to create all marketing materials and initiate our strategic plan for the project.
» Utilize our database of local and national tenants/buyers to generate direct cold calls and emails to gauge interest in the listing project.
» Contact tenants/buyers within the immediate trade area for potential relocation and/or expansion.
» Use our local and national broker relationships to present the site to potential tenants/buyers whom the broker represents.
» Pre-qualify prospects, facilitate sign calls and showings, follow up with prospects to gauge interest, and negotiate transactions in our client’s best interest.
» Communicate with our clients along the way by discussing strategies along with providing verbal and written updates.
CMP Real Estate Group has successfully assisted our clients with the leasing of new development projects and re-tenanting of renovated retail shopping centers. Our expertise and innovative ideas allow us to create solutions to meet the challenges of each project. In addition to utilizing our standard leasing approach, below are additional methods we implement to provide a successful result:
» Provide client with suggestions to create a viable site plan layout, as well as building design and lease plans that will not only ensure the success of the project today but create longevity for the development.
» Create a target tenant list and merchandising plan specific to each project. Securing a tenant is important, but placing each tenant in its proper location within the project can be vital to its success.
» Staying up to date on changing market conditions that could affect the project, including planned projects, competing vacancies, and/or requirement of a tenant interested in the marketplace, etc.
Over the years, our team has represented national, regional and local tenants in all facets of commercial real estate, including market expansion, relocations, lease renewals and existing site evaluations. Our team understands that each tenant has specific requirements that are vital to their success.
CMP Real Estate Group utilizes our market expertise, teamwork, landlord relationships and creativity to provide you with a competitive advantage. From the initial market analysis to site selections and the final negotiation of the agreement, our group has the experience and persistence to complete the transaction in your best interest.
Our methods and strategies:
» Take the time to understand each client’s “use” and real estate requirements for preparation of a detailed market analysis report catered to your specifications.
» Create a market expansion analysis to include competition studies, demographic reports, traffic counts, market trends and rates.
» Produce a site report of potential sites that include asking rates, site plans, pictures, aerials, competition studies, etc.
» Coordinate and conduct site tours to survey the different characteristics that each site and trade area may present.
» Prepare and negotiate LOIs with the goal of lowering real estate costs and achieve the best possible terms and conditions.
The investment real estate marketplace is dynamic, as there are many variables that affect an asset’s value. Aided by our robust leasing presence, the CMP team draws upon its own expertise to immediately identify any shifts within the marketplace. We provide real-time data, while allowing the client to make an informed decision.
Our team provides a detailed financial analysis, including cash flow projection, based on market-driven assumptions of expected rent, operating expenses, lease up schedules, leasing costs and existing cash flows. The final analysis and guidance will provide you, the investor, with a comprehensive picture of what’s to be expected.
CMP has consummated sales on numerous investment sales over the years, including sales of single tenant net leased properties, retail shopping centers, office/industrial buildings, and re-development/underperforming assets.
The listing agents, along with our support team, will create a sales package, email flyer, and other collateral to help market the project. Upon completion of the marketing materials, the listing project will be promoted on our website and CoStar.com. Additionally, our marketing team will develop:
» Demographic Reports
» Competition Studies
» Site Plans/Surveys
Through our affiliates we have the ability to provide our clients with property management, tenant construction and title work services. Please contact the CMP Real Estate Group offices to discuss these services through our affiliates.
CMP Real Estate Group also assists you with:
» Consulting Services
» Acquisition/Disposition of vacant land, freestanding, multi-tenant properties, portfolios and/or surplus space
» Land assemblages for development
» Lease Renewals, Terminations & Restructuring
» Property Management
» Construction Management