The American Red Cross recently enlisted the help of Wheeler Commercial to dispose of two commercial properties in Beaumont, Texas. One of the properties was vacant land while the second consisted of a 10,000 SF building on Eastex Freeway. The Eastex building was their local headquarters.
The Wheeler Commercial team of Erica Goss and Lee Wheeler worked closely with the national Red Cross real estate team over a period of several months. In the end, Wheeler Commercial was able to get the land under contract first and close the deal. Soon after the land deal closed, they were able to secure a qualified buyer for the building and negotiate a favorable sale.
Disaster struck when Hurricane Harvey caused catastrophic flooding in the area and Red Cross was thrust into action. Wheeler Commercial communicated with the purchaser to extend occupancy rights for Red Cross in order for them to provide the necessary services to the local community. The purchaser was more than willing to accommodate the seller as they understood the needs of the community and wanted to help. “It was truly a pleasure to work with both the Red Cross and the buyer. All parties worked together for the betterment of the community,” said Mrs. Goss. “In the end, both parties got what they wanted and SETX saw no interruption in the amazing services Red Cross provides during these difficult situations.”
The building transaction just recently closed and the new owner, G&G Enterprises Construction Corp, plans many renovations on the property to make it their new headquarters in Southeast Texas.
Goss and Wheeler have now moved into relocation mode with the local team at Red Cross and are helping them locate, evaluate, and negotiate a new lease for their new HQ location in Southeast Texas.
Wheeler Commercial provided Red Cross a complete solution to their problem of disposing assets and locating a new office for their team. The full-service nature of their abilities allowed Red Cross to continue to serve the area during a major catastrophe and not worry with the details of all the transactions taking place.