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All Forum Posts by: Will B.

Will B. has started 2 posts and replied 23 times.

Post: Conversion: Class A Office to Mixed Use

Will B.Posted
  • Southeast
  • Posts 23
  • Votes 4
Originally posted by @Greg Dickerson:
Originally posted by @Will B.:
Originally posted by @Greg Dickerson:
Originally posted by @Will B.:

Curious if anyone has converted a Class A office asset to a 'live, work, play' concept in a second tier city? Feedback greatly appreciated especially GC advice.

Yes this is a great strategy but you need the right building in the right location. They all don’t work out the same. Same goes for any adaptive reuse. 

 Thanks Greg. Have you participated in such a project?  

Yea several

Hi Greg, 

Thanks for the response. If you prefer, I can research your name and examine past posts to obtain the information I was seeking. I guess I should be more explicit, I apologize for being brief. 

I am interested in seeking suggestions, advice and counsel from those who have performed conversions from Class A office buildings, specifically within second tier, 18 hour city located in core/cbd. Is HVAC or building mechanicals an issue, have you encountered high rise residential issues, roof top ADA or similar? Was lease up longer or shorter? What are some major issues with contractors or subs? 

Thanks in advance. 

Post: Conversion: Class A Office to Mixed Use

Will B.Posted
  • Southeast
  • Posts 23
  • Votes 4

Do you care to elaborate, specifically about your success in your conversions from Class A to mixed use? If you did that would be great, I am seeking advice on those who have do so. 

Post: Conversion: Class A Office to Mixed Use

Will B.Posted
  • Southeast
  • Posts 23
  • Votes 4

that's good

Post: Conversion: Class A Office to Mixed Use

Will B.Posted
  • Southeast
  • Posts 23
  • Votes 4
Originally posted by @Greg Dickerson:
Originally posted by @Will B.:

Curious if anyone has converted a Class A office asset to a 'live, work, play' concept in a second tier city? Feedback greatly appreciated especially GC advice.

Yes this is a great strategy but you need the right building in the right location. They all don’t work out the same. Same goes for any adaptive reuse. 

 Thanks Greg. Have you participated in such a project? 

Post: Conversion: Class A Office to Mixed Use

Will B.Posted
  • Southeast
  • Posts 23
  • Votes 4

Curious if anyone has converted a Class A office asset to a 'live, work, play' concept in a second tier city? Feedback greatly appreciated especially GC advice.

Post: Can a lawyer be a real estate broker- California

Will B.Posted
  • Southeast
  • Posts 23
  • Votes 4

@Brandon Carlson

Prob not on the second question.

Post: Can a lawyer be a real estate broker- California

Will B.Posted
  • Southeast
  • Posts 23
  • Votes 4

@Nathan G.

Maybe. Depends on the state. They can’t provide dual professional counsel simultaneously, so your broker cannot provide legal advice in the same transaction. It’s a conflict and you can find examples in state’s ethics opinions.

Post: Does anyone have industrial properties?

Will B.Posted
  • Southeast
  • Posts 23
  • Votes 4

I define "flex space" loosely as a mini industrial park for small time users. Solid blue collar trades that are too big to operate from their garage but not large or stable enough for a stand alone building purchase or lease. HVAC, plumbers, lawncare companies, etc. 

In appearance it's somewhat similar to a self storage facility with rollup doors, 1,000sf +/- suites, 10 to 15 foot interiors, maybe even heavy electrical.  I see these concepts within proximity of major interstates. 

Yes, I'd like to hear from anybody too.

not sure the real estate agent has a required duty to write and submit offers when representing a buyer. Maybe Georgia real estate statue requires but I've never heard of it.  

Originally posted by @Evan Polaski:

Personally I have not had this experience.  As your agent, she has a fiduciary duty to write up and submit your offer.  And the seller's agent has a fiduciary duty to present it to the seller.  

Have you signed anything with this agent?  The cleanest way would be to remind her that she has as duty to submit all offers on your behalf.  And use her for anything related to this house.  Then find a new agent going forward.

If you fire her, whether you have signed any agency agreements with her or not, and have another agent submit an offer that is accepted for this property, your current agent may have some type of claim to the commission, since she first showed you the house.  


Originally posted by @Evan Polaski:

Personally I have not had this experience.  As your agent, she has a fiduciary duty to write up and submit your offer.  And the seller's agent has a fiduciary duty to present it to the seller.  

Have you signed anything with this agent?  The cleanest way would be to remind her that she has as duty to submit all offers on your behalf.  And use her for anything related to this house.  Then find a new agent going forward.

If you fire her, whether you have signed any agency agreements with her or not, and have another agent submit an offer that is accepted for this property, your current agent may have some type of claim to the commission, since she first showed you the house.