28
Jul2011
Multi-Market Deal Maker Steven Tick
Real estate deal making is nearly as good as baseball for measuring performance statistically. Take
Steven Tick, SIOR & Senior Vice President of
Podolsky Northstar CORFAC International (Chicago, IL), for example. Using advanced mathematical concepts learned in primary school, Steve has a current CORFAC ranking of ’33.’He has engaged
13 different CORFAC firms to complete and pursue multi-market transactions. He has closed
10 inbound referrals – among them are a couple from
King Industrial Realty/CORFAC International in Jacksonville and Atlanta, a couple from
Voit Real Estate Services/CORFAC International in Southern California and a couple from
Piedmont Properties/CORFAC International in Charlotte, NC. Tick has sent
7 outbound referrals that concluded in transactions with CORFAC brokers, and his currently working on deals with assorted CORFAC firms, including
Lou Suski and
John Chirhart at
Gaughan Companies/CORFACInternational in Minneapolis,
Scott Madsen at
Capacity Commercial/CORFAC International in Portland, OR and with
Ray Lyons at
Thomas L. Johnson Realty/CORFAC International in Toronto (13+10+7+3=33).The most recent outbound deal involved
W. Michael Lewis, CCIM, SIOR and President of
The Lewis Group/CORFAC International based in Raleigh, NC, who completed the sale of a 26-acre industrial property in Dunn, NC for nearly $1 million.The property, which is near I-95 and convenient for trucking access, includes two buildings – an office building approximately 15,000 square feet and a truck servicing building approximately 12,000 square feet. The seller was
G&D Integrated based in Morton, IL and the buyer was
HHG Properties, based in Albany, GA. HHG Properties is believed to be one of the largest peanut haulers in the U.S. and operates in 48 states. Tick has represented G&D Integrated in more than 20 acquisition and disposition transactions in multiple U.S. states.Here are Tick’s five-steps to multi-market success: “Go to meetings, meet brokers, make friends, buy drinks, and make money. It's damn simple.”