Surplus Real Estate can save you - and your company - time and money through a more effective approach:
 
• Client-first approach - Unlike typical brokers, our people are salaried so your interests are placed before concerns about compensation.

• Value is maximized, costs are minimized - We profile tenants/buyers that have paid the highest purchase prices or most rent historically for your type of excess property in similar markets with comparable locations.

• Marketing time is reduced - We tailor the marketing process utilizing internet-based tools and local brokers to access local, regional and national markets. We can also incorporate traditional or on-line auction services to accomplish your objectives and time-frames.

• The most qualified team is assembled and motivated - We select the best-in-breed local broker with market experience applicable to your disposition project; then, we ensure that they and tenant/buyer brokers are motivated by sharing commissions in a fair and reasonable manner.
 
 

 
Corporate real estate professionals in charge of surplus or excess real estate are often short on resources and long on obstacles. That's where Surplus Real Estate can help!
 
As a single-source solution for excess property dispositions nationwide, Surplus Real Estate has been able to increase efficiencies within corporate real estate departments while simultaneously maximizing real estate value, minimizing out-of-pocket costs and optimizing time.

We are in the process of completing the national disposition of the entire portfolio for Payless Cashways, a former home improvement retailer. This portfolio consists of 160 properties totaling over $240 million in owned real estate and over $30 million in remaining lease obligations. To date, we have achieved 95% of appraised value in a bankruptcy environment, post September 11th. Our other recent projects include nationwide valuation services of Kmart properties and disposition services for the Denny’s restaurant chain.

If Surplus can be of any assistance to your organization, please give us a call!