Special Purpose

Unique | Tailored | Bespoke

Special Purpose real estate assets fill unique business requirements and can offer investors outreaching capital returns; however, this asset class also presents challenges due to often limited utility and marketability. VandeWeerd Commercial is well-versed in managing the sale and acquisition of Special Purpose asset types like schools, theaters, campgrounds, or any other specialized properties. We use a data-driven approach that can help steer clients toward powerful capital returns and identify unique opportunities. Selling a Special Purpose asset requires an experienced broker and a comprehensive marketing campaign to communicate the asset’s use and find the right purchaser. VandeWeerd leverages our national network of brokers, investors, and developers to achieve desired results on Special Purpose real estate sales.

Contact us today to learn more about how we can assist with your Special Purpose real estate needs.

Special purpose real estate refers to properties that are designed and built for a specific use. These types of commercial properties are usually not adaptable to other uses, making them unique and specialized. Unlike generic office buildings or residential homes, these types of properties often have specific features and functions that make them suitable only for particular purposes.

More Examples of Special Purpose Property, you may be familiar with:

Historical Buildings or Landmarks

Golf Courses

Hospitals or Medical Facilities

Marinas

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Whether you're buying, selling or leasing a special purpose property, VandeWeerd offers comprehensive solutions tailored to your specific needs. We can help you identify properties, locate users or bring your asset to market. Our clients rely on us to navigate them through the due diligence process and negotiate the most favorable deal on their behalf.

- Special Purpose Related News -

Erwin Center Demolished, to Make Way for UT Hospital

The last remains of the steel and concrete that once made up the Frank Erwin Center were demolished last week. Before the final explosion, crews had been taking down the former arena piece by piece since June 2023. Located adjacent to downtown Austin, The Erwin Center was generally accepted to be Austin’s premier...

Published on 2024-05-21

By Mike Boyd

Healthcare Property Advisors Targets Accredited Investors with New Platform

Brea-based Healthcare Property Advisors has launched HPA Exchange LLC, a real estate investment sponsor that will provide accredited investors with private placement opportunities anchored by medical properties. The platform will initially focus on Section 1031 exchange offerings. HPA Exchange will target healthcare real estate within secondary growth markets that exhibit...

Published on 2024-05-17

By Paul Bubny

Report: Five Lab Sector Trends Point to Opportunity

Life sciences real estate has struggled in recent years due to falling demand, increased deliveries of space and a decline in funding. However, JLL recently indicated that things might be changing. The company’s “U.S. Life Sciences Property Report” outlined five trends demonstrating that the “life sciences lab sector is poised...

Published on 2024-05-16

By Amy Wolff Sorter

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VandeWeerd Commercial is an end-to-end, Scottsdale, Arizona based commercial real estate brokerage. Offering tailored solutions in asset acquisition, sales and leasing.

VANDEWEERD, LLC

License Number:

LC706042000

DESIGNATED BROKER

Zachery C. VandeWeerd