Closed Transactions

The owner of this Westheimer pad site ground leased it to Chase Bank. As the development project neared completion, the client decided to sell some of the pads. This ground lease was a very desirable asset and demanded top dollar for the investors. Patrick Graham marketed the site, found a buyer, negotiated terms for a quick sale, and closed the transaction in just 18 days. The owner recognized a fast low cap-rate exit that achieved the client’s desired result.