Case Study

ST. LOUIS, MO MSA • OVER 440,000 SF

ST. LOUIS, MO MSA • OVER 440,000 SF

CASE STUDY ST. LOUIS, MO MSA • OVER 440,000 SF BUYER PROFILE SELLER PROFILE PROPERTY PROFILE Private family owned and operated REIT 6 property portfolio built between 1975 and 2016. First generation, single story, drive up facilities. THE STORY • Number of bids: 9 • Over the last 20 years the owner built and assembled the portfolio. • Most of the family’s net worth was tied up in the portfolio. • The owner had been receiving direct offers over the last several years. • After interviewing multiple firms, the family felt that SkyView’s 252-point process was best suited to achieve their exit strategy goals. • The group with the highest direct offer participated in the bidding process and raised their offer by $3 million, which was still $1.5 million less than where the market was. THE

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