Quantum Broker Updates


QuantumCRE Sponsors CCIM Course Concepts Review

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The QuantumCRE Northside office is sponsoring the Commercial Real Estate Course Concepts Review for the Certified Commercial Investment Member (CCIM) Georgia Chapter. This course will help prepare CCIM members for the comprehensive exam. QCRE Associate, Richard Smith, Jr., will be teaching the User Decisions (leasing) module during the course. The course is for four weeks and students meet weekly on Tuesdays from 8:30-10:30am. Listed below are details on the course modules, dates, instructors, and location. 

Module                                                  Date                                      Instructor

Module 1 – Financial Analysis                         September 19th                             Syrah Paul

Module 2 – Investor Decisions                        September 26th                             Liza Littrell

Module 3 – User Decisions (leasing)              October 3rd                                    Richard Smith, Jr.

Module 4 – Market Analysis                            October 10th                                  Patty McGill

Location
Quantum Commercial Real Estate
Northside Tower, Suite 200
6065 Roswell Road
Atlanta, GA 30328
Office:  770-462-2002
Richard Smith, Jr.  Cell: 404-789-8788

Course meetings will be held in the Northside Tower Conference Room, 5th Floor, Suite 535
(exit elevator, turn left down end of hallway, conference room is on the left)

This course review is excellent preparation for the CCIM Final Exam. 

 

 


Scott Markham joins QuantumCRE North-Perimeter Atlanta Brokerage Office

Scott Markham QCRE Research Associate

Quantum Commercial Real Estate welcomes Scott Markham to the Quantum Team. Scott joins Richard Smith, Jr. in the QuantumCRE North Perimeter-Atlanta brokerage office. Scott has a strong background in sales and customer service and he is currently pursuing his real estate license. In his role as Research Associate, Scott will provide research support and assist with communications and building client relationships. Scott is a native of Atlanta and a recent graduate from the University of Mississippi where he received his Bachelor of Business Administration degree in Marketing. When not working to find ideal properties for clients, he enjoys supporting his Ole Miss Rebels, Manchester United FC, and expanding his interest in automobiles. 

For more information, contact Scott at 770-462-2002 or by email.


Physician cashes out of medical office building

Piedmont Commons Office Park

Advanced Dermatology Case Study

QuantumCRE Listing for Sale - Medical Office Building at 2551 Roswell Road, East Cobb

 

Physician cashes out of medical office building

Client:

How often does a physician make money on real estate that also serves as the location of a successful practice? Advanced Dermatology has multiple locations in Metro Atlanta but wanted to concentrate on patient care on the westside of Atlanta. Dr. Agha, owner of Advanced Dermatology and a 3,528 square foot, free-standing medical office building in Piedmont Commons was looking for options. This East Cobb office was outside Dr. Agha’s core geographic area and he needed an exit strategy.

Situation:

Understanding the general commercial real estate market conditions, demographics and specific property values was critical in evaluating the options for Dr. Agha and making the decision to sell. Dr. Agha engaged QuantumCRE for assistance in listing the property for sale. Piedmont Commons is strategically located in a corridor of “Suburban Periphery” with a high demand for medical specialties but few options for a physician to own their building. Recent property sales comparables indicated a potential value that could more than double Dr. Agha’s investment dollars.

The existing medical use also added potential value to prospective medical users looking to save money on startup costs including the build-out and furniture, fixtures, and equipment. QuantumCRE focused on reaching out to their existing database of medical clients and canvassing successful practices in North Atlanta that potentially could take advantage of the existing build-out.

Results:

The property sold to a dental group within six months of QuantumCRE starting the listing assignment. “We had multiple showings during the first month. After several competitive offers, the property closed. We took the cash and reinvested in our other locations," says Dr. Agha. We negotiated a sales price that was close to our initial estimate of value in a timeline that exposed the property to multiple users. Dr. Agha adds that “Richard did a great job and we look forward to finding more opportunities to work with QuantumCRE.”

Action:

Are you looking for commercial real estate solutions? QuantumCRE can provide full market research studies including available spaces, lease rates, operating expenses, sales comparables and tenant rosters on medical office buildings in Atlanta and across the Southeast. Call/Text/Email to gain immediate access to our team of professionals.

Richard Smith, Jr., David A. Strickland, and Paul Schwinne — we work with healthcare professionals evaluating real estate solutions.


QCRE Sponsors CCIM Commercial Real Estate Prep Course

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QCRE is sponsoring a Commercial Real Estate Prep Course for the Certified Commercial Investment Member (CCIM) Georgia Chapter. This course will help prepare members for the CCIM comprehensive exam. The prep course will be held on the dates below at the QCRE Northside Office. QCRE Associate, Richard Smith, Jr., will be teaching the Buy vs. Lease module during the course. 

Dates and Time:
Tuesday, September 20th, 8:30am-10:30am
Tuesday, October 4th, 8:30am-10:30am
Tuesday, October 11th, 8:30am-10:30am
Tuesday, October 18th, 8:30am-10:30am

Location:
Quantum Commercial Real Estate
Northside Tower, Suite 200
6065 Roswell Road
Atlanta, GA 30328
770-462-2002 (Office)

Cost:  Free for Georgia CCIM members

Registration is required to attend and is open to CCIM chapter members only. September 16th is the last day for registration. The course is a study group format consisting of four modules matching the four core courses. Each module is to be completed before class (reading and homework) including the first session on September 20th.

Register Now for the Prep Course 

Join the Georgia CCIM Chapter

The next CCIM exam in Atlanta, Georgia will be held on October 26th. This is a great opportunity to attend a study group in preparation for the exam.