Many companies face under-performing or unwanted fee-owned and leasehold commercial, industrial and retail property. Effectively minimizing the cost of these troubled locations is crucial, since one unprofitable location can easily offset the contributions of a handful of viable properties.
Gordon Brothers Group's real estate division, DJM Realty, delivers the specialized expertise and innovative programs to appraise, purchase and sell the least-desired leasehold or fee-owned properties in our client's real estate portfolio.
Leveraging leading-edge marketing techniques, the professionals at DJM Realty create a sense of urgency about a disposition project while educating the prospective buyer. Every year, DJM Realty evaluates over 2,500 locations, disposes of, or restructures over 50 million square feet of space and mitigates $1 billion of leasehold obligations.
DJM Realty performs comprehensive due diligence and real estate appraisals on both fee and leasehold values and conducts comprehensive store closing reserve analysis for its retail clients. Our lease mitigation practice leverages the negotiating skills of our seasoned, real estate professionals and extensive relationships with landlords across North America to secure over $1 billion of annual rent reductions and lease modifications on our client's behalf.
Our disposition practice includes property acquisitions, sales, leasing and subleasing on all types of property, including:
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Throughout our history, we have successfully disposed of and/or restructured 100% of our clients' underperforming properties while, in many cases, helping them avoid Chapter 11 filings. Further, because of our unparalleled experience and established national network of over 550 brokers, we can offer our clients "Performance Guarantees" or capital to allow for an orderly sale.
