Company Market Research Report: Legat Commercial Real Estate

Company Overview

• Name: Legat Commercial Real Estate

• Mission: To specialize in providing unparalleled customer service, responsiveness, and sophisticated brokerage representation to non-institutional owners and tenants throughout the Metro D.C. area.

• Founded By: No information is available

• Key People:

• James Legat - Principal Broker

• Audrey Wallace - Senior Vice President

• June Webb - Senior Vice President

• John Sommer, MRED - Vice President

• Lorraine Bauer - Vice President

• Edgard Lacayo, MBA - Vice President

• Cameron Norris - Vice President

• DeLinda Armstrong, CPM® - Vice President

• Jonathan Chapin, MSRE - Vice President

• Headquarters: 21351 Gentry Drive Suite 230, Sterling, VA 20166

• Number of Employees: No information is available

• Revenue: No information is available

• What is the Company Known For: Providing commercial real estate solutions focused on client responsiveness and comprehensive brokerage services, particularly tailored for entrepreneurs and small to medium-sized businesses.

Products and Services

Core Services

1. Tenant Representation

• Provides comprehensive representation for leasing services, including office, medical, industrial, and retail transactions.

• Offers sophisticated tools and individualized attention to meet leasing requirements.

2. Buyer Representation

• Facilitates the purchase of commercial properties, providing analysis for lease vs. purchase decisions.

• Aids buyers in making informed decisions that align with their business goals.

3. Seller Representation

• Lists and markets commercial properties for sale using a proven strategy to attract occupiers.

• Focuses on maximizing price and demand.

4. Investment Sales

• Assists with both buying and selling in complex transactions.

• Utilizes advanced marketing platforms to enhance investment property listings.

5. Financial Analysis

• Offers lease audit and analysis services, along with comprehensive financial valuation using ARGUS Enterprise Software.

Product Types

• Office/Medical

• Industrial/Flex

• Retail

• Land

Recent Developments

• Acquisitions and Sales:

• August 9, 2023: Gatewood Plaza sold for $12.5 million.

• August 18, 2023: Office building on 3702 Pender Drive purchased for $7 million.

• August 19, 2023: Medical building on 4 Pidgeon Hill Drive sold for $3.75 million.

• September 9, 2023: 11260 Roger Bacon Drive sold for $6.75 million.

• Partnerships and Collaborations:

• March 15, 2024: Partnered with BlueMamba for operational expansion in Sterling, Virginia.

• August 20, 2024: New partnership with Guardian Realty for the exclusive lease of 950 Herndon Parkway.

• Key Appointments:

• May 8, 2024: Cameron Norris appointed as Vice President.

• September 18, 2024: June Webb joined as Vice President.

• November 5, 2024: DeLinda Armstrong, CPM®, joined the team.

• November 12, 2024: Jonathan Chapin, MSRE, recruited as Vice President.

• Occupancy and Growth:

• March 13, 2024: Linden Lake Plaza in Manassas achieved 100% occupancy.

• Educational Advancements:

• May 14, 2024: John Sommer earned a Master of Real Estate Development (MRED) designation.

Notes

The report encapsulates the company's focus, key services provided, and recent events relevant to Legat Commercial Real Estate. Due to the limitations in data, certain aspects like company founding details, specific financial metrics, and the total number of employees remain undisclosed in this reporting. For further updates and details, direct contact with Legat CRE is recommended.