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SELL OFFICE BUILDINGS WITH TARGETED ADVERTISING CAMPAIGNS
Data-Driven Marketing Finds the Most Likely End User for Your Property
HOUSING
Over 40 years of experience selling commercial office buildings, we have developed a sophisticated system to identify the most likely end users for your property and drive real action, going from list to close in just 90 days.
Our omnichannel marketing approach reaches buyers wherever they are on the internet and reels them in with the illusion of a deal. We then force them to competitively bid against each other, driving the final sales price up and ultimately maximizing the value of your commercial asset.
Ready to AMP® the sale of your commercial office building? Talk to us about our Accelerated Marketing Program today!
MARKET AND SELL YOUR PROPERTIES
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PAST OFFICE EVENTS
Adelphia - Buildings and Development Land - PA, CT, AL, KY, WV, NY and CA
After the discovery of a few more residential and commercial buildings as well as land parcels in addition to those properties previously auction marketed by FRE, Adelphia contracted FRE to launch another online auction marketing campaign. Like its predecessor, this auction also garnered plenty of interest from international buyers and local buyers alike. The properties were sold individually after aggressive bidding that lasted 14 days.
- Property listed for years before FRE
- 7 days of day-to-day bidding
- 15 hours of hour-to-hour bidding
- Generated additional 56% in revenue
Office Building | Painesville, Ohio
This property, like many other similar properties in the immediate area, had been on the market for years when FRE was selected to auction market it. The client gave us two primary goals: market and close the sale in a 60-day timeframe and maximize the property’s value. After extensive worldwide exposure, multiple bidders were identified and bids were placed. The seller elected to open up Last Call bidding due to the similar nature of the bids. Last Call continued for 7 days of day-to-day bidding and then transitioned into 15 hours of hour-to-hour bidding, allowing for a maximum return to the seller. Last Call generated an additional 56% in revenue that would have been left in the market if any other auction format had been used.
Fully Leased NNN Commercial Building in Rio Rancho, New Mexico
This auction was for a fully leased NNN commercial building in Rio Rancho, NM. The low minimum bid and aggressive time frame drew many potential buyers to the FRE auction website. Ultimately over 2,000 individuals visited the website in order to review property specific documents and due diligence materials. FRE’s proprietary bidding format, allowed investors to view the bidding effect in relation to the Cap Rate after each bid is placed.
Adelphia - Buildings and Development Land - PA, CT, AL, KY, WV, NY and CA
After the discovery of a few more residential and commercial buildings as well as land parcels in addition to those properties previously auction marketed by FRE, Adelphia contracted FRE to launch another online auction marketing campaign. Like its predecessor, this auction also garnered plenty of interest from international buyers and local buyers alike. The properties were sold individually after aggressive bidding that lasted 14 days.
- Property listed for years before FRE
- 7 days of day-to-day bidding
- 15 hours of hour-to-hour bidding
- Generated additional 56% in revenue
Office Building | Painesville, Ohio
This property, like many other similar properties in the immediate area, had been on the market for years when FRE was selected to auction market it. The client gave us two primary goals: market and close the sale in a 60-day timeframe and maximize the property’s value. After extensive worldwide exposure, multiple bidders were identified and bids were placed. The seller elected to open up Last Call bidding due to the similar nature of the bids. Last Call continued for 7 days of day-to-day bidding and then transitioned into 15 hours of hour-to-hour bidding, allowing for a maximum return to the seller. Last Call generated an additional 56% in revenue that would have been left in the market if any other auction format had been used.
Fully Leased NNN Commercial Building in Rio Rancho, New Mexico
This auction was for a fully leased NNN commercial building in Rio Rancho, NM. The low minimum bid and aggressive time frame drew many potential buyers to the FRE auction website. Ultimately over 2,000 individuals visited the website in order to review property specific documents and due diligence materials. FRE’s proprietary bidding format, allowed investors to view the bidding effect in relation to the Cap Rate after each bid is placed.
HOUSING
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