We’ve covered retail and development, but one area of expertise we have yet to talk about in detail is acquisitions. Learn more about our approach and how it differentiates Mohr Capital from other commercial real estate firms as well as special insights into the acquisition of MetCenter – our largest acquisition to date.
In the past, sometimes the only way to land a deal would be through luck or personal relationships, especially with local brokers or contacts. Times have changed, and commercial real estate isn’t a regional game anymore. The process of acquiring a property has become increasingly competitive due to advancements in technology, communications tools and readily available resources in recent years, and the Mohr Capital team knows how to stay a step ahead of the competition. Speed, efficiency and trust are three key aspects of any successful acquisition. Our single source of capital and family office structure allows us to be transparent and move as soon as a deal is sourced.
A Texas-Sized Acquisition with Skill to Match
Moving quickly while utilizing expertise and single sourced capital have proven successful for our firm, and these tactics land us impressive acquisitions such as MetCenter – a Class A 404,800-square-foot office and industrial portfolio in the southeastern section of Austin, Texas, acquired from Zydeco Development. Closing a deal this size was a big win for Mohr Capital and we’re excited to have such a diverse tenant roster at the MetCenter property.
With above-market parking ratios, easy access to highways and the property’s proximity to Austin-Bergstrom International Airport, the location is ideal for its esteemed tenants including Amazon.com, Inc., Uber Advanced Technologies Group and others in the technology, healthcare and government space. Seeing as Austin is ranked first in 2020 commercial real estate prospects, and the property falling under the office and industrial sectors, the deal came at the right time and was right in our wheelhouse. We were able to add significant value due to the property’s current market rate and our knowledge of Austin’s commercial real estate market trends.
Meet Rodrigo Godoi: Our Acquisition and Deal Structuring Expert
Rodrigo Godoi oversees the entire lifecycle of an investment and takes a hands-on approach from the concept phase of a project through its completion. In his role as managing director of investments, Rodrigo has actively built Mohr Capital’s investment portfolio by managing nationwide acquisitions and dispositions of office and industrial assets. While some days consist of prospecting and others are spent underwriting and analyzing, each day holds a new challenge. He takes pride in his ability to find deals that hold high market returns.
Rodrigo and the rest of the Mohr Capital team are looking forward to cultivating new, mutually beneficial and collaborative partnerships nationwide, as we constantly seek new acquisitions. If you are interested in learning more about Mohr Capital’s acquisition services, please contact Rodrigo at Rodrigo@MohrCap.com.