Retail Property Advisors represented The Home Depot in the purchase of 22 acres in Bradenton, FL

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Ken Stephens of Retail Property Advisors (RPA), Tampa, FL represented The Home Depot in the purchase of 22 acres in Bradenton, FL.  The site at the corner of SR 64 and Morgan Johnson Rd. is home to a new store for the retailer.  RPA leveraged current relationships along with market knowledge to locate Home Depot into the area. These efforts were greatly supported by Rich Kingan of Kingan Commercial and Mike Chadwick of The Ferber Company.  Three different properties were combined, each with different owners, to put together the project.  One of the sellers was represented by David Gustafson of Wagner Realty.

In addition to the Home Depot, there is an additional 2.92 ac parcel available for sale along Morgan Johnson Rd., you can reach out to John Clendenon (john@flcp.com) for additional information on the property.  The Ferber Company also has a 1.35 ac parcel available at the corner of SR 64 and Morgan Johnson Road with Mike Chadwick (mchadwick@ferbercompany.com) being the contact person there.

Retail Property Advisors is an affiliate company of Corporate Property Dispositions which is a Commercial Real Estate Company with offices in Atlanta, Tampa and the Greater Los Angeles area.  As experts in real estate dispositions, retail, as well as all aspects of commercial real estate; CPD understands the complexity of the business and can apply the expertise they have gained with over a 200+ years of combined experience, for you.  CPD can be reached at their Corporate office at 678-718-1884 or visit them on the web at cpdispo.com .

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Corporate Property Dispositions along with Charles Wayne Properties represented The Home Depot in the recent sale of a 15.74 AC property in Cocoa, FL

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Ken Stephens of Corporate Property Dispositions, Tampa, FL along with Charles Lichtigman and Ted Lightman of Charles Wayne Properties represented the Seller, Home Depot U.S.A., Inc., in the recent sale of the 15.74 AC property in Cocoa, FL to Sooner Investment Group, Inc.  Sooner Investment Group, of Oklahoma City, is finalizing their plans for the site which includes approximately 85,000 SF of vacant retail space.

Sooner Investment is a full service commercial real estate development firm with offices in Oklahoma City, Oklahoma and Melbourne, Florida. Specializing in retail shopping center development, our clients range from small local businesses to national companies, and we pledge to each of them an uncompromised level of service.

Charles Wayne Properties, Inc. is a diversified commercial real estate firm specializing in the ownership, operation, development, management, and brokerage of assets throughout the Southeastern United States with a focus on Central Florida.

Corporate Property Dispositions is a Commercial Real Estate Company with offices in Atlanta, Tampa and the Greater Los Angeles area.  As experts in real estate dispositions, retail, as well as all aspects of commercial real estate; CPD understands the complexity of the business and can apply the expertise they have gained with over a 100+ years of combined experience, for you.  CPD can be reached at their Corporate office at 678-718-1884 or visit them on the web at cpdispo.com .

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Corporate Property Dispositions along with Steveco Commercial RE represented The Home Depot in the sale of 0.8 acre Outparcel in Plano, TX

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Mike Stevens of Steveco Commercial Real Estate Group and Ken Stephens of Corporate Property Dispositions represented the Seller, Home Depot U.S.A., Inc., in the recent sale of a 0.8 ac Outparcel in Plano, TX, located in front of The Home Depot on North Central Parkway. The Buyer, Conifer Real Estate Company purchased the property to develop as a new location for the regional restaurant chain Chicken Express.

Mike Stevens of Steveco Commercial Real Estate has been active in the Dallas-Ft Worth market for over 32 years – specializing in retail tenant representation, site selection, disposition, brokerage and development for both national and regional retail clients throughout Texas.

Corporate Property Dispositions is a Commercial Real Estate Company with offices in Atlanta, Tampa and the Greater Los Angeles area. As experts in real estate dispositions, retail, as well as all aspects of commercial real estate; CPD understands the complexity of the business and can apply the expertise they have gained with over a 100+ years of combined experience, for you. You can reach us at our Corporate office at 678-718-1884 or check us out on the web at cpdispo.com .

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Corporate Property Dispositions along with Steveco Commercial Real Estate Group represented Home Depot in the sale of 2,950 SF former Wendy’s in North Richland Hills, TX

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FOR IMMEDIATE RELEASE

North Richland Hills Tx - Aerial3.jpgKen Stephens of Corporate Property Dispositions, Tampa, FL and Mike Stevens of Steveco Commercial Real Estate Group represented the Seller, Home Depot U.S.A, Inc. in the recent sale of the 2,950 SF former Wendy’s on .764 acres in North Richland Hills, TX.  The Buyer, Dr. Balu Chandra was represented by Debra Perryman of Silver Oak Commercial Realty.  Dr.  Chandra will be renovating the space to accommodate his medical office.

Mike Stevens also worked with Corporate Property Dispositions in the sale of the former Expo Design Center which was previously sold to the City of North Richland Hills.  Mike Stevens of Steveco Commercial Real Estate has been active in the Dallas-Ft Worth market for over 32 years. Specializing in retail tenant representation, site selection, disposition, brokerage and development for both national and regional retail clients throughout Texas.  This sale represents the completion of Home Depot’s divestment of their holdings at this location.

Corporate Property Dispositions is a Commercial Real Estate Company with offices in Atlanta, Tampa and the Greater Los Angeles area.  As experts in real estate dispositions, retail, as well as all aspects of commercial real estate; CPD understands the complexity of the business and can apply the expertise they have gained with over a 100+ years of combined experience, for you.  You can reach us at our Corporate office at 678-718-1884 or check us out on the web at cpdispo.com .

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Get to know our Team: Ken Stephens

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Ken-Stephens-web-readyKen Stephens is the Managing Principal for Corporate Property Dispositions.  He has been working in the Commercial Real Estate Industry for 34 years.  We will get a chance to learn more about him through these 10 questions.

How did you get into Commercial Real Estate?

I learned Coldwell Banker (now CBRE) was opening an office in Tampa. After interviewing and testing, I joined as a retail property specialist.

Do you focus on one aspect/industry of Commercial Real Estate?

Retail property and retail tenant representation.

Can you tell us a bit more about your experience prior to joining CPD?

In 2011, I established the affiliate company to CPD, Retail Property Advisors, prior to that I was a partner at Capstone Group which was a Tampa based real estate company specializing in retail anchor tenant representation and the acquisition and development of retail.  Previous to joining Capstone Group, I spent ten years in the real estate department at The Home Depot, most recently serving as the corporate officer overseeing all store development activities in the Western, Northwest, Southwest and Canadian Divisions.  Prior to that position I was the Western Division Director of Real Estate and Florida Real Estate Manager, during this time I was able to be involved in the development of more than 475 Home Depot stores and the disposition of approximately 100 surplus properties.  Before joining Home Depot, I spent 12 years with CBRE as a retail sales and leasing specialist.

Have you worked with any companies that we would recognize through the years?

Home Depot, Kohl’s, BJ’s Wholesale Club, Safeway, and PGA Tour Superstores, just to name a few.

Can you recall any specific experiences in this industry that helped to shape you into the broker you are today?

Assisting Safeway with their expansion into Florida in 1983 was a terrific opportunity to represent a national anchor tenant and to learn multiple Florida markets.

Who was the most influential person or persons to you in your career in Commercial Real Estate?

Actually, there are three.  Nelson Brown (Atlanta) was a great mentor when I joined CBRE.

Jim Fassio (now with Ross Dress for Less) was the Safeway real estate manager for their Florida expansion back in 1983. He taught me how to assess potential sites and how to negotiate real estate economics and documents.

Bryan Fields was my mentor and senior leader at Home Depot. Among many things, he greatly helped me learn and understand real estate strategy from a retailer’s perspective.

Do you have any quotes or motto’s that you live by?

Nothing worthwhile happens by accident.

Can you offer any words of wisdom to those just getting into the Commercial Real Estate field?

Find an industry mentor and follow their direction – they know what they’re doing.

Any additional keys to success you would like to share?

People prefer to do business with others that they know, like, and trust.

Just for fun, what gets you through the day? Coffee, tea, water or something else?

Coffee.

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