Market Report: Property Management Services Expanded to South Carolina

by Susan Dorr

To better serve our client’s needs, we are now offering our property management platform of services in the state of South Carolina, along with Georgia and Alabama. With our team, we can provide full-service property management, or we can customize services. 

 

As an example, we were recently engaged to inspect properties in various states to assure lease compliance. While this is a smaller scope of engagement, it gives assurance to owners to have experts perform inspections, meet with tenants and gauge the future commitment to the asset.

 

At McWhirter Realty Partners, as long as we can serve our client's needs, no engagement is too large or too small!

 

Cobb County School District Sales Help to Redevelop Cobb County

by Dan Buyers

McWhirter Realty Partners was honored to assist Cobb County School District (CCSD) on the sale of 3 former school sites in 2018.  All 3 campuses are to be redeveloped for a variety of high-quality mixed-use developments. 

 

1. The former Mountain View Elementary School at 3448 Sandy Plains Road was sold to a joint venture between Fuqua Development & Brooks Chadwick Capital. Fuqua Development will redevelop the 13.8 acre campus into a mixed-use retail and restaurant development, featuring Georgia’s first GreenWise Market, an organic grocery store owned and operated by Publix Super Markets, Inc.

 

2. The former Brumby Elementary School at Powers Ferry Road, between Terrell Mill Road and Delk Road, was sold to a joint venture between Connolly Realty, LLC and Eden Rock Real Estate Partners. The joint-venture acquired the 9+ acre former school campus and additional land in a total of 23 acres for a mixed-use development including a new Kroger, other restaurants and retail space, multi-family residential living and climate controlled self-storage. Once the new Kroger store has opened, the older existing Kroger at Powers Ferry and Delk Road will also be available for redevelopment, further improving this vital corridor. 

 

3. The former Martha J. Moore Educational Center is conveniently located in walkable, Downtown Kennesaw. This property was sold to the Kennesaw Downtown Development Authority (KDDA) in a simultaneous closing from the KDDA to Sanctuary Development.  Sanctuary Development intends to redevelop the 7+ acre campus in a mixed-use development including a brewery, commercial/retail space and townhomes.  The Cobb County School District and the City of Kennesaw worked closely together to pave the way for this exciting mixed-use addition in desirable downtown Kennesaw.

 

Each of these redevelopments will bring high-quality new retail space and other mixed-use offerings to these 3 significant Cobb communities.  McWhirter Realty Partners was pleased to assist the Cobb County School District with these important redevelopment projects and McWhirter and the CCSD wish these very fine developers much success on each of their exciting developments.

 

Project Management Services: 

Taking Your Ideas to Completion

Matt McWhirter and Greer Hughes

McWhirter Reality Partners delivers expert Project Management services to our clients. Our team handles every aspect of your commercial real estate project from initial concept through completion. Whether it is ground up construction, renovation or expansion, we know the complexity of commercial real estate projects and how to deliver your project on time and in budget with a well vetted collection of trusted vendors.

 

Services include:

Land Acquisition

Ground up development

Redevelopment

Expansion

Renovation

Pre-Construction Planning

Capital Improvements

Design management

Site map management and completion

Organizing and managing Architects; Engineers; General Contractors

Entitlement/Permitting acquisition and management

Bid Management

Contract negotiations

Tenant needs management

 

Project Management Jobs:

Good Samaritan Health Clinic engaged MRP to locate a site for a new building and lead the development team which included assembling architects, engineers and contractors. MRP continues to provide facility maintenance today.

 

Pinnacle Orthpaedics and Sports Medicine engaged MRP to locate and acquire three sites for three new MOB's to house its clinical, MRI, PT and surgery center operations.

 

Maintenance: Reactive, Preventative and Predictive
by Greer Hughes

At McWhirter Realty Partners, our property management team works to ensure our client’s properties remain fully operational and maximally efficient while keeping within budget. One of the most important ways to do this is through a comprehensive maintenance program.

 

Three types of maintenance:

  • Reactive Maintenance occurs when a system is broken and has to be repaired after the fact. This is typically the most expensive and disruptive type of maintenance, and an inefficient way to manage maintenance for a high performing property.

 

  • Preventative Maintenance aims to prevent a system from breaking through time-scheduled inspections and regular replacement of worn parts prior to system failure. This type of maintenance lowers operating and utility costs in addition to potentially extending the life of systems.



  • Predictive Maintenance is similar to preventative maintenance in that they are both proactive, however, predictive maintenance relies on statistics and measurement rather than a time schedule.

 

Our experience proves that the cost of properly maintaining a property is almost always less expensive then repairing or replacing it prematurely. We pride ourselves on implementing the most proactive maintenance measures to ensure efficiency and cost savings for our clients.

PROPERTY SPOTLIGHT

FOR SALE

3,514± SF BANK BUILDING ON 0.71± ACRE LOT

940 S. MAIN STREET, CONYERS (ROCKDALE CO.), GA 30012

 

Property Details

• 3,514± sf building on 0.71± acre lot

• Former bank branch w/2 drive-thru bays

• Zoned Commercial

• Asking price: $950,000

• 2018 Demographics

 

Est. Population1 Mile: 5,207. 3 Miles: 34,709 5 Miles: 74,175

Est. Med. HH Income 1 Mile: $40,096 3 Miles: $47,365 5 Miles: $54,419