Greenbrier Hotel
Assignment: The Greenbrier
Location: White Sulphur Springs, West Virginia
Property Size: 120,000 SF Subterranean Bunker Facility
Advisory assignment involving the former U.S. Congress Cold War Relocation Bunker on the grounds of the Greenbrier Resort & Hotel; currently in use as a secure data center. The assignment involved a highest and best use study, market rental analysis and operational analysis.

Pep Boys
Assignment: National Pep Boys Portfolios
Deal Size: $152 Million
Property Size: 45 Properties
Sale-leaseback advisory and valuation services for a total of 45 corporate-owned Pep Boys properties, within two portfolios across 15 U.S. states.

 

 

Lucerne Village Market Study
Assignment: Affordable Housing Market Study
Location: Dorchester, Massachusetts
Property Size: 45 Units in 19 Buildings
Market study for the Lucerne Gardens affordable rental housing community, prepared for the Massachusetts Department of Housing and Community Development.

Circuit City
Assignment: National Circuit City Restructuring Analysis
Location: 18 Major U.S. Metro Markets
Property Size: 284 Properties
Market rental study and store restructuring advisory involving a total of 284 Circuit City stores.  Final product was used in decision-making for initial round of store closings prior to bankruptcy announcement.

 

General Parts
Assignment: National General Parts Portfolio
Deal Size: $9 Million
Property Size: 8 Properties
Advisory services performed for General Parts, Inc. for eight corporate-owned CarQuest Auto Parts stores located in eight U.S. states.

Assignment: Univ. of Louisville Health Care Outpatient Center
Deal Size: $57 Million
Property Size: 170,000 SF Medical Office Building
Valuation and market analysis for the newly-constructed seven-story, 170,000 square foot medical office building on the University of Louisville medical campus in downtown Louisville.

 

Riverside Health System
Assignment: Riverside Health System Portfolio
Deal Size: $95 Million
Property Size: 4 Properties
Valuation of four properties in Newport News and Hampton, Virginia totaling over 280,000 square feet, including two new medical office buildings, an ambulatory surgery center and a nursing school campus.   

Rite Aid
Assignment: National Rite Aid Store Portfolio
Deal Size: $202 Million
Property Size: 73 Properties
Birch|REA has managed the valuation of Rite Aid properties for its sale-leaseback program since 1997, including property analysis and transaction advisory for the recent sale-leaseback of 73 former Brooks Pharmacy and Eckerd stores.
Assignment: Conoco/Circle K Portfolio
Deal Size: $7 Million
Property Size: 7 Properties
Performed market analysis and valuation for ConocoPhillips for a portfolio of Conoco/Circle K gas station and convenience store properties located in Utah and Colorado.

Assignment: Old National Bank Portfolio
Deal Size: $250 Million
Property Size: 85 Bank-Owned Properties
Real estate advisory services for branch and office properties located across four states.
Assignment: Industrial Park Analysis
Deal Size: $85 Million
Property Size: 140 acres / 622,233 SF
Market study for industrial land surrounding the SeverCorr Steel Mill in Columbus, MS, as part of a proposed project designed to develop the land surrounding the existing mill.

Assignment: Lucent Technology Office Properties
Deal Size: $135 Million
Property Size: 600,000 SF / Three Six-Story Office Buildings
Birch|REA provided advisory services and market support for prospective debt transaction for Lucent’s office park in Highlands Ranch, CO.

 

Assignment: South Broward Memorial Hospital
Deal Size: $48 Million
Property Size: 180,000 SF, 300-Bed Hospital Complex
Valuation and market analysis for five-story full-service hospital on an 11.49 acre campus in Pembroke Pines, FL.

Assignment: Acquisition Advisory Services
Deal Size: $100 Million+
Property Size: Ongoing Multi-Property Collateral Pools
As part of an ongoing relationship with Capital Crossing, Birch|REA provides advisory for loan acquisitions tied to all property types within various markets across the U.S.