EFFICIENT - COST EFFECTIVE - PERFORMANCE DRIVEN
Meridian Pacific has a proven record of success providing property disposition and commercial real estate advisory services to its clients on a nationwide basis.
The disposition of surplus properties is our specialty, our core business. Meridian Pacific is structured to serve all major markets. But what sets us apart, is our success dealing with properties in small, secondary markets, where local knowledge is gained through Meridian Pacific’s long-standing association with select, locally based real estate specialists.
Our clients have one point of contact, a principal of Meridian Pacific, who is responsible for managing the entire process – whether it involves five or fifty properties. There are no management layers or “partnering” companies to deal with. Answers come quickly, creative solutions are found and transactions close swiftly.
Whether on behalf of national corporations, franchisees or private individuals, Meridian Pacific delivers an efficient, cost-effective way to dispose of commercial land, restaurant, retail or office properties. By retaining Meridian Pacific, our clients save two valuable commodities, time and money.
SCOPE OF SERVICES
Meridian Pacific provides a cost effective alternative to handling your real estate requirements. The engagement of Meridian Pacific allows you to outsource the in-house tasks of a traditional real estate department at great savings.
With the acquisition of Chicago Title Insurance Company by Fidelity National Title, Meridian Pacific became an integral part of the specialty team developed to identify redundancies of services in several DMAs. With the realignment of our real estate assets, synergies among the brands were maximized.
With the goal of completing a corporate restructure and the closing of a $1.0 billion whole business securitization in 2013, I worked with Craig and his team to navigate the transfer of some our our company leases to new operating entities within our two brands, Hardee’s and Carl’s Jr. The insight to our business that Meridian Pacific has gained over 13 years of service and their understanding of corporate real estate made them a strategic partner in accomplishing this task.
Sold 351 CLOSED Restaurants generating $121 million
Terminated 230 leases at a NPV savings of $56.0 million
Property Portfolio Renegotiation
Renegotiated a lease portfolio of 37 restaurants at savings of $1.65 million to the client
Sold 38 properties with title defects at a cost of $11.6 million