Off Market Sale – Falls of Oconee

Atlas Real Estate Advisors  /   June 14, 2022

Perhaps the most noticeable difference in commercial real estate compared to residential, is that many transactions are never really ‘on the market’- or placed in the MLS or similar online site.  

Many of the deals we put together are a result of staying in touch with our contacts and colleagues, paying attention to market conditions, and knowing how to put the pieces together when the time comes. The recent sale of The Falls of Oconee is a great example.

Our buyer client had recently sold a major investment property and was looking for something to replace it.  The ideal property was a well-established and fully-leased retail center that Atlas was involved with developing and leasing for another owner several years before.  Because of our contacts and experience in the market, we knew that the owners would sell when the time was right, so we made some calls and set up meetings with both parties to gauge the viability of the idea.  Both Buyer and Seller were interested, and the rest as they say, is history. 

The Falls of Oconee sold for $5,800,000 in April 2022 without ever spending a day ‘on the market’.  

If you are interested in learning about off-market opportunities in commercial real estate, call or email us today.