OBJECTIVE
Sagomore selected Dochter & Alexander to execute a two-pronged approach for this space: exploring both a lease and a sale simultaneously. Our client was impressed with our combination of local expertise and national and international relationships. They appreciated that we were small, but with strong relationships and extensive market reach.
STRATEGY
The space was well-suited for flagship retail, so we explored a variety of domestic and international businesses and various scenarios for the space, including splitting up the building. We were able to create a highly competitive environment with two potential buyers.
RESULTS
Through careful negotiation and management, Dochter & Alexander was able to execute the highest price per square foot deal in DC history, and on an extremely quick timeline. We also helped our client assume interest in a ground lease. Sales were a new area for a growing Dochter & Alexander, but we tackled the challenge with our signature dedication and secured a massive deal.
Other Case Studies
See how we've worked on previous projects and added value for tenants and landlords.
