Brokerage Services in Columbus Ohio | Alterra Real Estate
Commercial Real Estate and Brokerage Services

Whether your needs include leasing, buying, selling or managing properties, Alterra mobilizes a global network of commercial real estate experts to provide solutions. We specialize in:

Buyer/Tenant Representation

Buyer /Tenant Representation

Finding the right property and negotiating the best lease or purchase terms may seem simple enough, but there’s information out there that could significantly drive down your cost of occupancy. Information you may never have access to—unless you’re working with a commercial real estate expert who knows the market and the incentives landlords and municipalities are willing to offer. Because we’re involved in lease and purchase transactions every day, Alterra maximizes your negotiation power to help you gain the most flexible terms and the lowest cost. Not only can we quickly identify properties that meet your needs, but we know the best rates and incentives available, so you never have to waste time searching for them—or wondering if you really got the best deal. Request Buyer/Tenant Information

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Investment Properties

Investment Properties

If you’re looking to buy or sell an investment property, opportunities abound in the current market. You need to have the right commercial real estate expert to help you take the right actions, not chances. Alterra can help you maximize your return on investment by structuring your deal the right way to minimize risk and take advantage of all four return components of commercial real estate: Cash Flow, Debt Pay Down, Tax Deductions, and Appreciation. By engaging our global broker network to research and locate the ideal property—or aggressively market to the ideal buyer— we work fast to ensure that every opportunity generates a positive return, and we have the results to prove it.

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Corporate Services

Corporate Services

Alterra can review your entire facilities portfolio worldwide and make and implement strategic recommendations that can save money and help your company operate more efficiently? Alterra provides an experienced commercial real estate broker to give your real estate the focused attention necessary handle all of your commercial real estate needs from acquisitions and dispositions to facility management. Alterra provides this single point of contact outsourcing for companies to handle all of their facilities worldwide. Commercial real estate is a function that more and more companies are outsourcing to a single expert such as Alterra. This service provides these companies with better strategic solutions to their real estate needs and without having to pay for this expertise on your payroll. Alterra’s corporate services enable companies to augment their real estate staffing levels by using Alterra’s staff when you have too many projects to handle in house. We are always there when you need us to create and implement effective solutions for all of your real estate needs. Contact Bradford L. Kitchen 614-545-2155 to determine how Alterra can help you streamline your commercial real estate. Alterra’s fully integrated real estate services include:

  • Strategic facility planning
  • Portfolio review for cost saving opportunities
  • Site selection
  • Acquisitions and dispositions of properties and leases
  • Commercial property management and facility management
  • Lease administration to track rents and critical dates
  • Brokers opinion of value
  • Consulting
Receivership

Receivership

With a commercial real estate receivership, bankruptcy, or estate, you need to quickly get control of the property to protect the property’s value. Alterra Real Estate Advisors, through Advanced Asset Solutions, LLC, is a commercial real estate receiver and turnaround specialist for distressed properties. Advanced is an expert commercial real estate receiver which quickly repositions properties to maximize value and minimize costs and liabilities. Advanced serves the needs of attorneys, banks, the bankruptcy court, the common pleas court, estates, financial institutions, special servicers and any property owner with distressed commercial properties or REO assets. We have extensive experience with receiverships, bankruptcies, loan workouts, leasing and dispositions, property management and construction and always generate superior results. As a receiver, Advanced manages the assets of a receivership, bankruptcy estate or an estate to preserve or enhance the assets value and sell them as quickly as possible, while maximizing the value of those assets. In order to accomplish this, you need a receiver that has expertise in finance, commercial real estate, and the court system and can react quickly. The receiver establishes an action plan that is executed by the top experts in real estate, finance and legal specialists in support of the receivership, bankruptcy estate or estate. Contact Bradford L. Kitchen 614-545-2155 or Alisa Argust 614-545-4093 to quickly implement a solution for your property. Our services include:

  • Third party independent fiduciary of the courts
  • Quickly gain control of the asset to prevent property deterioration
  • Development and implementation of a strategy to quickly maximize value of the property
  • Communications and filings with the court, banks, owners, tenants and lien holders
  • Financial management and accounting including renegotiating payables if necessary
  • Property management and direction of daily activities at property
  • Cost reduction, review and bidding out of contractual services
  • Maintaining good tenant relations during transition
  • Leasing and disposition of property
Landlord Representation

Landlord Representation

When you’ve got space to lease, Alterra puts your property in motion to bring in more tenants. In this ever-changing real estate market, you need someone who knows the terrain and offers a proven program that gets results. That’s the motivation behind everything we do to generate activity, increase your occupancy and keep your property moving forward. Our aggressive marketing program is customized for your property, from printed materials and a comprehensive Internet strategy, to good old-fashioned cold calls. Alterra also supports you with consistent status reports so you can see that your marketing activity is going full speed ahead.

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Commercial Property Management

Commercial Property Management

At Alterra, we’re hands-on property managers. We believe doing a good job comes down to three key service factors:

  • Saving you money and keeping your tenants’ expenses low by responding quickly and aggressively to cost minimization opportunities.
  • Building strong relationships with tenants and owners by constantly communicating.
  • Simplifying your life with straightforward monthly reports, that are clear, concise and easy to understand.

When your tenants call, we’re on it—and we will roll up our sleeves and get our hands dirty to understand the problems and find the most cost-effective ways to fix them. Many tenants have told us they plan to stay right where they are because they’re happy with our property management services. But we don’t see that as our success, it’s all yours.

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Distressed Property Turnaround

Distressed Property Turnaround

Alterra has extensive experience with turning around distressed properties. We determine the owners objectives for the property and create a strategy to achieve those objectives. Our experience includes purchasing properties with high vacancy, restructuring financing and brining in investors to recapitalize a property, reducing operating expenses and creating a lease up and disposition strategy and implementing these solutions as quickly as possible. Contact us today to find out how we can help you quickly turn around your distressed property, Bradford L. Kitchen 614-545-2155. Our services include:

  • Development and implementation of a strategy to quickly maximize value of the property
  • Loan review and lender negotiations
  • Property management and cost reduction
  • Financial management and accounting
  • Leasing and sale of property

Distressed Property Turnaround Successes:

  • Northeast Business Campus Columbus, Ohio
    • Northeast Business Campus is a 200,000 SF office and office warehouse campus in northeast Columbus, Ohio near Easton. The property was in receivership, 35% vacant, in default on it’s loan and in disrepair. Alterra repaired the property, reduced expenses, leased it up and obtained multiple cash offers in excess of $7 million for the property.
  • 555 Metro Place Dublin, Ohio
    • 555 Metro Place in Dublin, Ohio is a 100,000 SF office building which was 50% vacant, in default on it’s loan and was deeded over to the bank. Alterra assembled an investment group to purchase the property, quickly leased it up to 90% occupancy, obtained a low interest nonrecourse assumable loan on the property and doubled the value of the property.
  • 565 Metro Place Dublin, Ohio
    • 565 Metro Place in Dublin, Ohio is a 118,000 SF office building which was 17% vacant. Alterra assembled an investment group to purchase the property for $13.5 million, quickly leased it up to 98% occupancy, obtained a low interest nonrecourse assumable loan on the property and sold the property for $16 million.
Consulting

Consulting

Alterra Real Estate Advisors has vast experience in all types of commercial real estate and regularly performs consulting projects for companies to help them navigate the commercial real estate market and leverage the most value from their real estate. We can consult on any type of commercial real estate project. Contact Bradford L. Kitchen 614-545-2155 to discuss your needs. Below is a list of some of the typical consulting projects:

  • Strategic facility planning
  • Portfolio review for cost saving opportunities
  • Site selection or site review
  • Demographic analysis
  • Acquisitions and dispositions of properties and leases
  • Brokers opinion of value
  • Commercial property management cost review
  • Lease administration to track rents and critical dates
Other Services Offered
  • Office Space Leasing and Sales
  • Medical Space / Healthcare leasing and sales
  • Industrial Space leasing and sales
  • Retail space leasing and sales
  • Investment acquisitions and sales
  • Broker Opinion of Value and analysis
  • Property analysis
  • Land assemblage
  • Portfolio Analysis
  • Lease Administration
  • Asset Management
  • Build To Suit Representation