A portfolio of 92 properties, including 88 Super Shops automotive parts stores with service facilities (totaling approximately 600,000 square feet), three warehouse/distribution facilities, and an 88,000 square foot corporate headquarters office building in Reno, Nevada. The properties were located in 27 states.
Project Description
Douglas Wilson Companies (DWC) was engaged as exclusive listing agent and consultant to market and sell all properties in the portfolio.
Scope of Work
DWC designed and implemented a nationwide disposition plan that included asset valuation and pricing, local, regional and national marketing campaigns, contract negotiations, contract preparation, bankruptcy court approval, escrow oversight and closing.
Project Resolution
The disposition plan resulted in recovering more than $60 million in capital through the closing of approximately 50 separate escrows.
Project Name
Super Shops Portfolio
Client
Douglas P. Wilson
Location
Headquarters: Reno, NV
