Case Study
TAMPA, FL MSA • OVER 55,000 SF • PRICE: $3,162,500
CASE STUDY TAMPA, FL MSA • OVER 55,000 SF • PRICE: $3,162,500 BUYER PROFILE SELLER PROFILE PROPERTY PROFILE Private family owned business. Father was the original developer and second generation was operating the facility to benefit siblings and mother. Large private equity backed national owner Non-climate units built in 1985 THE STORY • Number of bids: 12 • Management company was attempting to buy the property. • Seller had a fiduciary obligation to get highest price and best terms for family trust and decided to engage SkyView to run our process. • SkyView created a performance based fee structure that aligned with the goals of the family. • During the call for offers process, the management company ultimately came in several hundred thousand dollars below the market. • During