Whiteside Properties advises Businesses for owner occupant acquisitions in addition to advising private investors and private equity firms seeking investments in the Carolina’s. Our deep market knowledge and relationships provide value throughout the acquisition process from off market opportunities to advising clients throughout the due diligence period clearing hurdles of construction, environmental, and financing issues that may arise.
Whiteside Properties uses a proactive approach to marketing real estate for sale. We actively seek Buyers in specific industries, Core Funds, Value Add Investors, or Developers that our analysis proves would be the most likely prospects to successfully acquire the listing. While we market properties on multiple listing websites and receive sign calls; we most enjoy finding prospects directly which increases competition for a listing.
When representing a Landlord/Developer we evaluate the highest and best use for a property even if there seems to be an obvious answer. Next we review location, market rates, occupancy levels, current competing spaces and industry trends. Then we form a marketing plan tailored to the listing that will pinpoint highest and best use industries. We implement the marketing plan and report leasing activity to the client via reports and standing update calls. Once we gain traction with prospects we negotiate proposals with Tenants and proceed to lease negotiations.
When representing Tenants, Whiteside Properties prioritizes a firm understanding of the Tenant’s Business, Investing Goals, or Development requirements. Once we understand the Tenant’s business requirements we survey the market for listed and unlisted properties. Once, there is a suitable list of property we schedule a tour to evaluate the spaces in person. Creating a short list of 2-5 options leads to requesting proposals from Landlords and negotiating those proposals. We use our market knowledge to ensure proper rent abatement, HVAC maintenance, and Tenant Improvement Allowance terms are favorable to our client. After a Letter of Intent has been agreed upon we move toward lease negotiations.