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THE
SCHENK
COMPANY,
INC. |
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Newsletter July 2007 |
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Dear Friends and
Valued Clients, |
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I am sending you
some of the most important information on our market in the 21
years I have been improving company’s bottom lines thru real
estate. |
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Record high
vacancies in Central Ohio in the office, retail and some
industrial areas have led to unbelievable incentives from
landlords.
If your company
or your clients or friends haven’t put together a strategic
plan yet for their facilities please permit us to assist them
with one at no cost to them. We will review their leased or
owned facilities and let them know how their lease stacks up
to other tenants in their building and submarket and assist
with early lease renewals or relocations to lease, buy or
build. The incentives this year we have achieved are record
setting.
Two years free rent
on a ten lease term, one year’s free and $500k cash for
another large client. |
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If they own a
property refinancing with a longer term can lower payments. If
they need cash doing a sales leaseback or selling to an
investor can bring needed capital.
Record investment
sales are fueled by out of town buyers so investors especially
need to have their short and long term goals in mind. |
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Thank you for your
long term relationship with us.
If you would like
to receive this monthly please let us know. |
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Finally we are
hosting a party for charity called CURE which I am on the
board of to help kids with Cancer. Its May 10 the in the Short
North at 853 Gallery. (Happens to be my birthday as well.)
Please call 722-3216 for tickets which are $40/person and
looking for corporate sponsors. |
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So please let me
know if you’d like to help a good cause and celebrate another
year of helping people improve their bottom lines their real
estate facilities! |
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Thanks for your
support! |
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Sincerely, |
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Greg Schenk SIOR |
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Commercial Real
Estate Advisory Services |
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1350 W. Fifth
Avenue Suite 224 ● Columbus, Ohio 43212
● 614-487-1972 ●
Fax: 614-635-3442 |
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www.irepthetenant.com |