Mid Atlantic Real Estate Journal — November 23 - December 6, 2012 — 3A
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M ID A TLANTIC R EAL E STATE J OURNAL Ted Pfeifer Realty reps Auto Zone HighAssociates Ltd. reps E.W. Holdings in industrial sale
DEBT | EQUITY INVESTMENT SALES Capital Markets
S y s t e m s , I n c . h a s purchased t h e p r o p - erty at 207 Hempt Rd. in Mechan- icsburgfrom E.W. Hold- ings, Inc. M
provide companies with the ability to access the equity in their fixed assets to gener- ate liquidity while preserv- ing control of their facilities. “Many companies seek meth- ods to monetize their long-term investments without losing control of their real estate. Sale-leasebacks are a solution that allows the company to continue to run their business without interruption,” said Harris. “I am proud to join the dynamic team at Meridian and I look forward to leveraging my extensive triple-net lease and sale-leaseback expertise to enhance Meridian’s longstand- ing tradition of excellence and drive market share,” he added. ■ Liberty Auto Exchange has leased a 13,200 s/f ware- house in Newberry Town- ship from property owners Henry and Alice Treffin- ger , for an online auto sales business. Cass handled the transaction for both the landlord and the tenant. ■ seller, Hussein Shoukry. Ted Pfeifer of Ted Pfeifer Realty represented Auto Zone Development Corp.
E C H A N I C S - BURG,PA —Flight
new role withMeridian, Harris will be originating debt and equity transactions nationally, focusing on triple-net leased property owners and inves- tors. He joins Meridian from Marcus & Millichap where he was ranked as a “Top Five Broker” nationally from 2007 through 2011 and a “Top Loan Originator” for three consecu- tive years from 2008 to 2010. Harris’ team will benefit from current market trends where low interest rates have helped drive capitalization rates down and property values up. This dynamic has created a strong opportunity for compa- nies to sell and lease back their real estate. Triple-net lease and sale-leaseback products The property at 3050 Car- lisle Rd. in Dover has been sold to Auto Zone Develop- ment Corp. for a new store location. Cass of High As- sociates represented the Denise Cass of High As- sociates Ltd. represented the sellers, E.W. Holdings, Inc. , in the transaction. DanAlderman of NAI CIR represented Flight Systems, Inc.
Innovative solutions and deep expertise for all of your commercial real estate financing needs.
Denise Cass
northmarq.com
NEW JERSEY | PHILADELPHIA BALTIMORE | UPSTATE NEW YORK
Meridian Capital Group recruits Geoffrey Harris
33 offices coast-to-coast
NEW YORK, NY — Me- ridian Capital Group, LLC announced the addition of
G e o f f r e y Harris as a managing di- rector at the company. H a r r i s spec i a l i zes in financing commercial assets with
They wrote the policy.
We make sure they write the check.
Geoffrey Harris
a focus on triple-net lease and sale-leaseback transactions and will be responsible for overseeing Meridian’s recently formed Arizona office. Harris has 14 years of mortgage bank- ing experience and has closed more than 1,900 transactions totaling over $2.9 billion. In his
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