Congratulations to Herodian Way LLC
Commercial Property Consultants has advised 2430 Herodian Way LLC The disposition of their 14,884 SF multi tenant office complex and the additional 1.14 acres of land located in Smyrna, Georgia only a half mile away from Truist Park and The Battery.
The existing multi tenant office building in adjacent land with purchase by Total Retail currently based in Highland Park of South Cobb Drive.
Total Retail provides end-to-end account management solutions to manufacturers who sell products into the retail channel.
Total Retail brings together 30 years of retail experience from the perspective of working as a retailer, as a manufacturer, and as a service provider Started in 2008 to help manufacturers navigate and more effectively sell to Home Depot, Total Retail has expanded into other retail outlets and channels, including Lowe’s, Menards, Walmart, Amazon, Wayfair, and more.
Total retail plans to initially occupy part of the existing facility and in the near future will begin construction of their build to suit headquarters on the adjacent property, keeping the existing multi-tenant office building as an investment and possible flex office space for their customers and vendors..
As Herodian Way’s advisor CPC’s role involved numerous aspects of the transaction some of which included:
- Provide a broker opinion of value, (BOV) market valuation of 2430 Herodian Way,
- Develop and implement a comprehensive marketing plan along with collateral material to sell both the existing building an additional land, either in a combine transaction or individually,
- Manage and support the herodian Way partnership during the due diligence and deal process,
- Advise on the structure of deal terms for the property’s disposition.
About Commercial Property Consultants
Commercial Property Consultants is a boutique commercial real estate firm specializing in working with privately owned businesses throughout the Southeast. CPC helps clients evaluate their occupancy needs as well as helping their clients evaluate whether they should own or lease their physical locations.
Daniel Levison has a commercial real estate career spanning more than four decades. Having hands-on experience in running a twenty-agent full service brokerage operation, creating multiple technology startups focused on commercial real estate, and acting as a principal in purchasing and repositioning over $50M of commercial real estate assets, gives Mr. Levison a unique perspective for his clients, investors and partners.
Through his membership and national committee participation with NAR (National Association Realtors), NAIOP (National Association of Industrial & Office & Industrial Park Owners), SIOR (Society of Industrial & Office Realtors) and CCIM (Certified Commercial Investment Managers) Mr. Levison has become a thought leader in the commercial real estate industry
Additionally through a strategic partnership with Oakland Consulting CPC can also provide consulting on complex, small or opportunistic transactions for owners of operating companies looking to exit or grow their business who typically aren’t served by traditional investment banking firms.
Commercial Property Consultants