King Side Investment Group is proud to announce the successful sale of 1520–1610 Willowbrook Avenue.

This assignment came with unique challenges from day one. The property went into foreclosure in 2020 and was later acquired at auction by our client. After evaluating the asset, we identified that the existing tenant would ultimately be the ideal buyer. Unfortunately, the existing tenant had no interest in purchasing the asset initially.

We brought the property to market, and within the first 30 days we generated 4+ competitive offers. One buyer submitted a fully non-contingent offer but ultimately got cold feet and requested to cancel escrow. We successfully negotiated a partial EMD release and moved forward with other buyers.

Over the next several months, we conducted an additional 10–15 tours, exploring multiple deal structures including seller financing and adaptive reuse concepts. Despite the complexity, we continued to push for the right outcome.

In the end, the existing tenant returned with a strong as-is offer of $1,250,000. We guided the tenant through the SBA financing process, navigated the final hurdles, and ultimately closed the sale—at a price significantly higher than the investor offers we had previously received.

This transaction is a testament to our persistence, creativity, and ability to solve difficult problems.

If you have a property with tenant complications, deferred maintenance, or a challenging backstory—our team would love the opportunity to audition for your business.

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Find out how we can help you sell your commercial real estate property.

Call Kingside Today

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