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Another Grisanti Group CCIM

By Grisanti,

Raphael Collazo became Grisanti Group’s newest CCIM (Certified Commercial Investment Member) designee in April of 2023. What is a CCIM you might ask and why have three Grisanti Group agents, including Paul and Nick Grisanti, invested the time to earn the designation? The CCIM Institutes website says it best.

“A CCIM is a Certified Commercial Investment Member. For more than 50 years, the CCIM Designation remains the gold standard for commercial real estate professionals, including appraisers, asset managers, brokers, developers, investors, lenders, and other allied professionals. CCIMs complete a rigorous program of advanced coursework and training in financial and market analysis, and demonstrate extensive experience in the commercial real estate industry.”

Grisanti Group always puts its clients first. The skills and knowledge obtained while taking CCIM coursework along with the resources provided by the CCIM Institute allow us to help our clients maximize their ROI and minimize their risk. A CCIM designation isn’t everything, but it’s another tool in our toolbox, and a demonstration Grisanti Group’s commitment to our clients.

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New Grisanti Group CCIM

By Grisanti,

Grisanti Group is pleased to announce that broker associate Nick Grisanti has earned his CCIM Designation.

To earn the CCIM designation, a candidate must complete several core CCIM courses focused on real estate investment analysis, real estate user decision analysis, market analysis, negotiations, and ethics. A candidate must also submit a portfolio of qualifying experience to demonstrate not only classroom knowledge but real world transaction experience. The designation process culminates with a comprehensive exam which the CCIM institute hosts twice yearly at its conferences.

Nick passed the CCIM comprehensive exam and received his CCIM pin on April 9th at the CCIM Midyear Governance Conference in Charlotte. He joins Principal Broker Paul Grisanti as the second member of the Grisanti Group team with the designation.

CategoriesCommercial Real Estate News

Grisanti Group Reps Seller in Large Land Sale

By Grisanti,

That headline might sound familiar. While Grisanti Group handles commercial real estate transactions of all kinds, large land sales continue to be a specialty. Owners routinely turn to Grisanti Group when they need a trusted expert to sell their land holdings. Our latest closed transaction was 70+ acres of industrial land in the western Louisville market on Camp Ground Road. The family that had owned this large property for many years engaged Paul Grisanti and Nick Grisanti to represent them on the sale.

The buyer of the property was Poe Companies, a prominent Louisville developer that plans to construct speculative Class-A industrial distribution center warehouses on the site.

The industrial market in Louisville and surrounding counties continues to be red hot. Vacancy rates are low, absorption of vacant space is at record levels, and developers are hungry for developable sites.

 

CategoriesNews

Bullitt County Industrial Land Sales

By Grisanti,

 Grisanti Group has been busy in Bullitt County. We currently have over 125 acres listed in the I-65 corridor and have completed multiple recent transactions. 

In 2020, Grisanti Group worked on the sale of 30-acre of industrial land from Northeast Solite Corporation to Alpine Home Air, which is constructing a new distribution center on the site. Nick Grisanti represented Northeast Solite and Paul Grisanti represented Alpine Home Air. 

Just this week, Nick Grisanti and Krista Bicer represented a trio of owners who sold three parcels in a 15.26-acre assemblage. This land had two houses, but was zoned industrial. It is near the new Exit 114 I-65 interchange, and the area around this property will likely all be developed in the coming decade. An industrial development that proposes a 1,000,000SF building and a 500,000SF building is slated for the neighboring property. 

Two of Nick and Krista’s seller clients needed to leaseback their homes while they build and search for homes to move into. Nick and Krista were able to successfully workout a leaseback arrangement with the buyer to the satisfaction of their clients. Grisanti Group was pleased to be able to help these clients sell their properties and take advantage of being in the path of progress.