Success Stories

You can trace CoreDispo's leadership success back to the 1980's, when Gerard Staudt was broker and the Director of Leasing for 2,000 leases covering 20 million square feet in Manhattan.

This site contains the achievements of CoreDispo employees prior to CoreDispo.

REPOSITIONING & SALE

Ontario, Canada – Industrial:
Johnson Controls Automotive Group

  • 381,000 SF
  • Sold in 6 months
  • $18M – savings

REPOSITIONING & SALE

Ontario, Canada –
Warehouse/Distribution:
International Comfort Products

  • 310,500 SF
  • Obsolete buildings. Major practical use issues.
  • Sold within 11 months
  • $35M – savings

REPOSITIONING & SALE

Manufacturing, Office & Land:
Carrier Corporation

  • 816,000 SF
  • Small market – huge facility
  • Closed in 9 months
  • $40M – savings

REPOSITIONING, SALE

Manufacturing – Land:
Johnson Controls Battery Group

  • 180,000 SF
  • Significant title and environmental issues
  • Disposition team solved all issues solved and asset sold in 45 days
  • Maximized pricing at $15M which was 15% above target price

REPOSITIONING & SALE

Manufacturing:
Motorola

  • 443,000 SF facility on 40 acres
  • Nogales, Mexico
  • 1 month sooner than target timing
  • $400,000 above target price
  • $11M sale

REPOSITIONING & SALE

Global Manufacturing and Office:
Johnson Controls

  • A September to remember…
  • 7 sales in 21 days completed
  • 4 countries and 3 states in 3 different currencies and languages
  • $26M in cash to our client

REPOSITIONING & SALE

Manufacturing & Office:
Agilent

  • 800,000 SF; 4 buildings; 300 acres – vacant & outdated space
  • Represented 10 years of total space absorption in market area
  • Delivered Savings over $7M

LEASE, BUYOUT / TERMINATION, SALE , SALE LEASEBACK

Office and Data Facilities:
Computer Science Corporation

  • $250M portfolio savings delivered including this transaction
  • Example 1: Disposed of 27 assets in 7 months
  • CFO testimonial Ad in CFO Magazine documenting $250 M savings

REPOSITIONING & SALE

Land & Recreational Buildings:
Agilent Technologies

  • 1400 acres – Rocky Mountains
  • Conservation challenges to preserve native animals, flora and fauna, and environmentally sensitive wetlands
  • Recorded a conservation easement to preserve recreational use in perpetuity

SALE

Office & Manufacturing: Motorola

  • 84,000 SF facility in a distressed submarket
  • Identified a purchaser in 5 months
  • Closed transaction 3 months ahead of target
  • 20% higher sale price than client target.
  • Client awarded disposition team a 50% bonus fee

SALE & LEASE

Asia-
Singapore, Korea, India
53 Cities – Office and Manufacturing:
Motorola

  • 8.8M SF – 53 cities
  • 75 transactions
  • Singapore – 537,000 SF – building sale
  • Korea – 270,000 SF – office lease renewal
  • India – 96,000 SF – building sale

SALE

Office:
Hamilton Sundstrand

  • 138,000 SF
  • Remote location and distressed market
  • Sold in 10 months 9% higher price than target
  • $15 M Savings to client

REPOSITIONING, LEASE, SALE

Manhattan Office:
Citicorp

  • 60 Hudson Street, N.Y., N.Y.
  • Telecommunications, Data and
    Office Building
  • Formerly known as the
    Western Union Building
  • 800,000 SF

SALE

Data Center:
Computer Sciences Corp.
(Herndon, VA)

  • 89,000 SF
  • Sold for above book value in distressed market
  • 23% higher than client’s target price
  • $7.5 M sale price

SALE

Office:
South Carolina DMV

  • Dispose of 300,00 SF
  • Distressed Tertiary Market
  • $18.5 Million Sale in 9 Months
  • $21 Million OPEX Savings