-

Shannon Bona and Julius Swolsky of Graystone Capital Advisors Accomplishes Monumental Closing CAP Rate on Arby's Restaurant

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Graystone Capital Advisors, a leading investment sales brokerage, is pleased to announce the closing of an Arby's in Conroe, TX. Shannon Bona, First Vice President, and Julius Swolsky, Managing Director, managed to achieve a record breaking, and historical closing CAP Rate of 4.02%. The pair of agents represented the Seller, who was a repeat client and a private investor from the West Coast region.

Bona and Swolsky successfully closed on the Conroe, TX Arby's with 11 years remaining on its lease. The transaction moved swiftly, going from contract to closing in 24 days. Facilitated as an all-cash deal, the property traded at $100,000 above its listing price.

About Graystone Capital Advisors

Graystone Capital Advisors is a full-service brokerage company based in Orange County, CA. Their team of experts specializes in property valuation, transaction management, and debt & structured finance services. With decades of combined experience in the industry, the members of Graystone Capital Advisors have assembled a genuinely innovative team focused on efficiency, transparency, and accountability.

www.graystoneca.com

Contacts

Brenton Baskin, info@graystoneca.com

Graystone Capital Advisors


Release Versions

Contacts

Brenton Baskin, info@graystoneca.com

More News From Graystone Capital Advisors

Graystone Capital Advisors Appoints Bob Osbrink as Executive Vice President

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Graystone Capital Advisors, a leading commercial real estate brokerage, has appointed Bob Osbrink as Executive Vice President. In his new role, Osbrink will spearhead strategic growth initiatives and lead talent recruitment and development across the firm’s national commercial real estate platform. A veteran of the commercial real estate industry, Osbrink played a pivotal role in the development of landmark South Orange County projects during the 1980s, i...

Faropoint Acquires Atlanta-Area Distribution Center for $8.46M

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Graystone Capital Advisors, a leading investment sales brokerage, has announced the sale of a 73,000-square-foot distribution center in Norcross, Georgia, located within the northeast Atlanta market. The property sold for $8,463,636, equating to $115.94 per square foot. Kurt Hediger, senior vice president of Graystone represented the buyer, Faropoint, a U.S.-based real estate investment firm that focuses on last mile industrial real estate. The 73,000-squ...

Graystone Executes Deal for Brand New Tractor Supply Co for $8,016,260

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Graystone Capital Advisors, a leading investment sales brokerage, is pleased to announce the closing of a newly constructed Tractor Supply Co located in LakeCity, FL. This property sold for $8,016,260 at 98% of list price. Multiple offers were procured. Julius Swolsky, Managing Director, and Shannon Bona, First Vice President, represented the seller, a prominent national developer and repeat client, and the buyer, a private investor in the Midwest region....
Back to Newsroom