News

Red Cross Enlists the Help of Wheeler Commercial

Red Cross Enlists the Help of Wheeler Commercial

 

American Red Cross

 

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.

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Mason Construction awarded construction contract for ethylene storage at Spindletop salt dome #beaumonthttps://t.co/uIi08FewHm
US 69 finally looks to widen near Hardin, Tyler Counties https://t.co/WNzy2b9ZGD
New Tax Laws Likely to Increase HNW Investment in Real Estate https://t.co/loyJsFhURt
How to Choose the Right Crane for Your Project https://t.co/OlXIhS60rK
7 Daily Habits of Great Leaders and How to Add Them To Your Daily Routine https://t.co/vKyPbKzyXJ
The estimated economic impact of all the meetings the Beaumont Convention and Visitors Bureau helped book in 2017 i… https://t.co/GhwEhFdcqc
How to Be a Super Productive Small Business Owner Allie Johnson https://t.co/gbK5Y3KnT8
How to Find the Perfect Real Estate for Your Business? https://t.co/qgSecXNkCb
Another super cool picture of downtown Beaumont with a neat filter.
Construction has started on the Reserve at Pinewood Village in Port Arthur. The 190-unit apartment community sits o… https://t.co/yIalwyiLt1
Another property under contract!
David Taran On Making A Profit In Commercial Real Estate https://t.co/141UVSSSLF
Top 6 Reasons to Invest in Commercial Real Estate https://t.co/U4LwNQW6Fn
Applied Economics: Look at the obvious and not-so-obvious economic factors to achieve better outcomes. https://t.co/Q47EmXKfHd
SE Texas receives $1M grant to prep for potential attacks on industry.
How can a company turn an average culture into a great one? https://t.co/n8d8MFq6ib
A Brief History of Texas Innovators: From Dr. Pepper, 3-D Printing all the way to Liquid Paper https://t.co/s4xvidCvKf