1621 Falcon Dr., DeSoto, TX – 9,530 SF Industrial Building on 4.3 Acres.
Peter Schulze invested in this property shortly after it was leased to DIAB, Inc., an international manufacturer. DIAB, Inc. occupied the property for over six years before the company downsized in Texas and vacated this property. The property was put on the market for sale or lease.
This was a difficult property in that it had been built as an office/laboratory with low ceiling height and lots of office finish. There are some things you cannot economically change about a building and one of those is ceiling height. It also had an unusual loading door and did not offer the more typical dock high or grade level loading. We found a user that was a good match for the property and sold it to that user.
• Sold 9,530 SF
“David went way far above anything I imagined a broker might do in the handling of this property. He gave sage and regular advice as to the market and to the strategy required for a property suited for a niche buyer. He attended to practical details to ensure the condition of the asset. He worked hard to identify and cultivate potential buyers whose requirements matched the particulars of the property. He managed negotiations wisely and firmly. In short, he exercised patience, professionalism, and top notch communication throughout what was necessarily a long listing to closing timeline for a specialized user property.”
Peter B. Schulze
“Being an out of market commercial real estate investor I depended heavily on David’s local market knowledge and willingness to invest his time and resources to successfully market my property. His untiring commitment to source a creditable buyer for a special purpose automotive retail property took dedication and resolve. David is passionate about his business, the clients he works with and his character is beyond reproach.”
Crash Rescue Equipment Service, Inc. re-manufactures airport firefighting trucks for municipal and military airports worldwide. Bob & Sharon Relyea were leasing about 18,000 sq. ft. on less than an acre when I met them. They needed more outside storage area and they preferred to own their facilities. Like most companies, their business goes through cycles. The second building they bought was across the street from the first. After acquiring it, they had to scale back. So, we leased the building out and later sold it to that tenant. Recently, I was able to put them in the building they really needed with abundant outside storage and heavy crane service throughout.
• Purchase of a 25,000 sq. ft. industrial building on 3.5 acres
• Purchase of a 20,000 sq. ft. industrial building on 2.2 acres
• Disposition by lease of the 20,000 sq. ft. building
• Sale of the 20,000 sq. ft. building
• Purchase of 110,000 sq. ft. industrial building on 18 acres
• Sale of the 25, 000 sq. ft. building
• Sale of 25 acres of investment land
“David has provided an immense amount of research and sees that all the details are efficiently handled while we are able to focus on our business. We’re like many entrepreneurial companies. Yes, we plan ahead, but we need things right now. That’s a big part of what David has brought to Crash Rescue. He has so many resources and contacts that help to make the process go smoothly. Also, since we’ve completed several transactions together, it’s nice to have one person that knows our history so you don’t have to explain the needs over and over again.”
Bob & Sharon Relyea, CEO & CFO
Crash Rescue Equipment Service, Inc.
Larry & Patricia Byrd received two parcels of land on the outskirts of Pharr and McAllen, Texas, from her parents in 1971. For years the land was farmed. As the cities grew and development increased, they decided that it might be time to sell their land. I took a listing on these properties in 2003. We had a very patient marketing plan. Our plan was to make the properties available and let the market come to us. Our goal was to sell to the developer who would develop the end user sites. This would allow the Byrd’s to achieve the highest possible value without having to make the investment of time and money to develop the sites. We sold the first site in 2004 and the last site early in 2006.
“Pat and I have known David Jackson for nearly twenty years through our joint involvement in Bible Study Fellowship. During the first fifteen years of our friendship we knew him to be a Godly young man and a man of absolute integrity. We, of course, knew his profession was commercial real estate and when we were approached by a potential purchaser for one of two farm land parcels in the Pharr-McAllen area, we immediately contacted David to represent us. He represented us as a coach/mentor/friend during the complicated process of negotiation and sale of our two parcels of farm land in three increments to three different purchasers. We highly recommend David to anyone considering sale, lease or purchase of property.”
Larry and Pat Byrd
DAVID W. JACKSON, CCIM, SIOR, SEC