JRW Realty Announces Over $86 Million in Closed Transactions in Q3
Published: Oct. 27, 2020
PASADENA, Calif. - JRW Realty, a commercial real estate brokerage firm that has overseen more than $1.8 billion in transactions, is pleased to announce that it closed over $86 million in purchasing transactions in Q3 2020 on behalf of its clients. Under the leadership of President and Broker Melinda Marston, JRW Realty has performed over $471 million in closed transactions so far in 2020.
“We are extremely proud to have been able to source such a high volume of properties for our clients this last quarter, especially given that we have maintained rigorous and uncompromising acquisition criteria,” said Marston. “This achievement is a testament to the tenacity of our team, our streamlined transaction processes, and our ability to close transactions in 20 to 30 days on both off-market and on-market properties. Even despite the ongoing economic uncertainty, JRW Realty has continued to make transactions happen.”
JRW Realty’s acquisitions in Q3 were driven by the needs of a number of large, all-cash buyers actively seeking properties with net leases and tenants operating grocery stores, healthcare or pharmacy businesses, auto parts stores, and dollar stores, including properties leased to Kroger, CVS, AutoZone, and Dollar General, among other investment-grade companies. The company is currently on pace to execute the acquisition of net-leased properties on behalf of its clients in excess of $700 million dollars per year.
JRW Realty also offers customized listing and advisory services for commercial real estate investors. The company navigates its clients through the entire listing, 1031 exchange, and reinvestment process with the goal of helping them achieve diversified net-leased cash flow starting in the 6% annualized range. Since 2004, the firm has successfully assisted with hundreds of tax-deferred 1031 exchanges for over 1,000 clients.
About JRW Realty
JRW Realty is a commercial real estate brokerage firm with over $1.8 billion in closed transactions for over 475 properties. JRW Realty’s team places a special focus on due diligence, reviewing over 100 properties each week and only choosing to source for clients the best 3-4% according to their rigorous acquisition criteria. For more information, visit www.jrwrealty.com.
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