Falcon Landing Center

Project Background

Hunington Properties, Inc. procured the exclusive listing to sell Falcon Landing Center from a prolific Houston based developer.  Hunington was brought in to evaluate the property and market to non-institution buyers.

Solution

We prepared a high-quality marketing flyer to highlight the investment.

• Direct marketing through e-mail blasts
• Calling our investor and broker database
• Indirect marketing through our website and other national websites

Outcome

The property sale transaction was completed in 45 days to a Canadian based 1031 investor as the up-leg replacement of an apartment complex sale. The investor wanted to buy this property because it was much less management intensive having only 7 tenants all of whom were on long NNN leases with all the expenses being passed through to the tenants.