Blog
April 26th, 2013Capstone’s Birthday
Capstone Real Estate is 9 years old today. We’ve helped countless folks assess a wide array of questions related to commercial real estate over that time, and we welcome an opportunity to help you. Capstone is a full-service team of commercial real estate professionals. Give us a call.
April 25th, 2013
Investment Listing
We just listed a 55,000 square foot retail center located in Muskegon for sale. The property is listed at less than $2 Million (only about $35 per square foot). At the current rental rates and occupancy levels, a cash buyer would earn about 9% per year on his investment.
April 25th, 2013
Environmental Issues
We recently helped a business owner acquire a building in Grand Rapids. As is not unusual with existing industrial buildings, there were some environmental issues to contend with, but the Michigan DEQ gave its blessing on the prospective purchaser’s intended use and a plan to eliminate the risk of exposure to the on-site contaminants, and the closing occurred on Monday.
December 20th, 2012
Great Year
As we approach the end of the year we are pleased to report that Capstone has done twice the sales and leasing volume this year as compared to 2011. The market is obviously rebounding, and we are well-positioned in the market, having established ourselves as the go-to commercial real estate team on the Lakeshore. If you have any questions about commercial real estate – buying, selling, leasing, financing, even developing – call us and speak with one of our commercial real estate professionals.
September 7th, 2012
We helped a Lawyer!
We recently closed the sale of a building owned by a woman whose daughter is an experienced and well-respected attorney. Today I received an e-mail from the daughter (lawyer), thanking me for our efforts, and including a very encouraging endorsement. Her message included the following, and I quote: “I honestly didn’t even realize what a relief it was to have help until we started negotiating with [the buyer]. I really can’t express how much I appreciated you being there to help put the deal together and work through the various issues. I shared that with my mother and it is the absolute truth.”
If we can help an experienced attorney with a real estate transaction, isn’t there a good chance we can also help you or someone you know? The Capstone team is comprised of professionals whose primary goal is to help you make wise decisions with regard to commercial real estate. Call our office and learn how we can help you.
