Brad Waldrop brokerage Commercial Real Estate Experience

St. Louis

14,000 SF

King Realty Advisors consulted with new restaurant owners Adam Frager & TJ Vytlacil in the acquisition of their first Blood & Sand location in the Wash Ave Garment District®.  It was known going into the acquisition transaction the restaurant owners were acquiring over 8,000 SQ FT of excess real estate, above and beyond what was needed for Blood & Sand's first location.   That real estate would need to be disposed of in a manner that would create the maximum amount of real estate equity possible in the remaining Blood & Sand real estate asset.  Before the new restaurant owners' site acquisition was closed, King Realty Advisors lined up a buyer to acquire a large portion of the excess real estate, immediately reducing the new owners' financial risk and simultaneously creating immediate real estate equity in the Blood & Sand real estate asset. King Realty Advisors also helped the new owners position their excess commercial space in the downtown St. Louis real estate for sale/for lease market by providing construction consulting and bidding for utility separations as well as planning advice, including potential commercial or live-work use concepts.