Royal Oak, Michigan — Vogel Advisors is pleased to announce the successful sale of a portfolio of net leased properties. The firm’s client, a high-net-worth family office, engaged Vogel Advisors to liquidate the portfolio due to historically low capitalization rates for net leased assets.
Bill Vogel, president of Vogel Advisors, privately marketed the nationwide portfolio to a number of large real estate investment trusts and private equity firms. Competition for the portfolio was aggressive, and multiple bids were received. In the end, a publicly-traded real estate investment trust based in New York acquired the entire portfolio, resulting in a significant profit for the client.
About Vogel Advisors
Vogel Advisors is an independent commercial real estate brokerage providing strategic solutions for business owners and corporations. Since 2005, the firm has provided its clients with strategic, conflict-free, high-advocacy representation in sophisticated commercial real estate transactions. Services include tenant representation, lease renewals and modifications, purchase and sale brokerage, sale-leaseback advisory and §1031 exchange advisory.
Additional information is available at www.vogeladvisors.com and on the company’s LinkedIn and X (formerly Twitter) pages.