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Your email address will not be published.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 *

We are so humbled by the outpouring of blessing God has sent our way. He has just carried us through a very tough y… https://t.co/G8LT9Ioxsx
Check it out. We made the Texas Realtor magazine. https://t.co/a5LWn06jn3
Price Reduced and only 3 lots left! These are hot and going fast! Highway frontage! https://t.co/iL5LEflmST https://t.co/sGFrVZ0Gg7
SOLD! We closed this deal for the Seller. https://t.co/o7EgJV93l5
New Listing! Office For Sale just off of 11th Street in Beaumont - 6,077 SF of office and garage space. Value Add.… https://t.co/0oBTmQpdLt
LEASED!!! We recently represented the tenant, Goss Building, in securing a new lease at 4240 Milam in Beaumont. https://t.co/qb8c371hNG
LEASED! We recently completed a lease renewal with New Path Counseling Services in Lumberton at Town Centre (156 S.… https://t.co/1DMV2HyFcj
Texas 1st Qtr 2021 Commercial Real Estate Market Report https://t.co/CTFbe8ZCjp https://t.co/MGluOWc8un
Some new things coming to SETX! https://t.co/3bYw1rt6A0
As of 1-1-2021 the median tenure for CRE only REALTORS was 12 years, while those who claim residential and commerci… https://t.co/4SZRIQeexS
As of 1-1-2021 there are 1.46M REALTORS nationwide. 137,880 work in commercial real estate (CRE). Only 34,430 work… https://t.co/QMaV7l9pnI
New Listing - 0.14 Ac Lot with 3 Road Frontages and Visibility from IH-10 https://t.co/nIeYCPeMsr https://t.co/M4DjaMcZts
Sold!!! Nice little duplex office building in Groves was closed last week. https://t.co/6aOI3OXutW
How Redeveloping Your Shopping Center Can Increase Your NOI https://t.co/HRos8PUg87
Sold the signalized corner of Highway 69 and 421 in Lumberton! Any guesses on what's coming soon? https://t.co/HjM10pq7uH
SOLD!!! https://t.co/bdqgoAvlbM
The things included in this plan would devastate the economy, real estate and cut so many jobs. Very scary!!! https://t.co/SOxCgEbz4u
Investors' plant proposal requires rezoning in Beaumont https://t.co/BWYQQZOP15
Tourism in Beaumont is on the rise!!! https://t.co/IZ31k9u4FB
Check out this new Ford commercial and tell us what you recognize? https://t.co/L9eJGZqyPL