NewBridge Handles $120M in Retail Dispositions

ATLANTA-Nine-month-old NewBridge Retail Advisors is on a fast track with $120 million in 2002 retail dispositions and another $50 million of assets expected to close this quarter for clients.

“The investor market is not as transparent as it once was,” says NewBridge principal Gary T. Saykaly. “Finding the most aggressive buyer often entails working with CPAs, lawyers, financial planners and 1031 Exchange intermediaries in each of the markets of the asset’s region.”

NewBridge’s strategy has been to “control the capital raising, which allowed us to maintain momentum and minimize potential issues and price deductions,” the consultant says.