Find the Right Location for their Needs
Brokerage Advisory Services with Purpose
With over three decades of commercial leasing, sales, and management experience, Mr. Hallheimer is the Managing Member of WCH Realty Advisors LLC. WCH Realty Advisors LLC is a Metropolitan Washington DC commercial real estate firm established in 2010 that specializes in client representation and advocacy. The fundamental client relationship at WCH Reality Advisors LLC is centered on three principals: No Conflict of Interest, Client Centric, and Team Building Based on Core Competencies.
SELECTED PROJECT ACCOMPLISHMENTS
High-profile lease negotiations, development of and implementation for build-to-suit and speculative office building strategies, direction of project marketing plans, and market analysis. Licensed real estate broker in Virginia, Pennsylvania, and the District of Columbia.
Tysons Corner, Virginia – $270 million project
Managed a transaction for the15-year lease of a consolidated, 574,000-square-foot, build-to-suit headquarters facility on a 15-acre site in Tysons Corner, Virginia, which included an expansion option for a third integrated 300,000-square-foot building to accommodate projected future requirements.
Successfully negotiated one of the largest non-government single-lease transactions ever completed in North Virginia, delivered within the required timeframe and budget. The Tenant realized a leasehold savings of $90 million over the lease term.
Met the challenge of engaging the client’s issues very late in a three-year process, and formulated a strategic program that addressed all of Litton/PRC’s objectives in a rapid, cost-effective manner.
Developed and implemented the build-to-suit strategy, leveraging existing corporate contacts within Litton/PRC and negotiating the business terms of the transaction.
The Russell Building
Tysons Corner, Virginia – $54 million project
Negotiated the sale of a 30-year-old, build-to-suit, 234,000-square-foot, vacant office building consisting of six stories above-grade, and a cellar and partial basement with a structured parking garage. This building was considered difficult to multi-tenant due to the floor sizes and lack of a central core.
Implemented a marketing plan to commercial users, the U.S. Government, and the brokerage community.
Identified a unique requirement in the marketplace for a sale that required functions that were ideally suited for below-grade space, dual-building access, and a significant increase in parking.
Eliminated the financial risk and interest carry, capital improvement commitment, nine-month construction schedule, and lease-up risk posed by the transaction.
Achieved a higher net present value than the lease value analysis.
Cargo Handling Building 5
Dulles International Airport – $45 million project
Handled a 24-four-year ground lease on airport property and the development of a 281,000-square-foot, single-level facility with a mezzanine and 300,000 square feet of air side ramp.
Analyzed and identified the existing and projected demand for the project; subsequently, the size and depths/dimensions of the facility were based on the initial analysis.
Advocated to provide offices free-of-charge to Customs Inspectors to encourage and facilitate international carriers within the facility.
Established a three-tier preleasing strategy: tier one included Federal Express (FedEx) and United Airlines (UAL); tier two included smaller international flag carriers; and tier three included the U.S. Postal Service and freight forwarders.
Summit at Dulles
Loudoun County, Virginia – $22 million project
Prior to construction completion, transacted the first 145,000 square foot facility with a potential overall build-out of 645,000 square feet in 11 tilt-up concrete warehouse building on 66 acres.
Surmounted the challenge posed by this project, which was that the transportation tax did not provide a direct benefit to the project and also added additional cost to the rent.
Due to the bay sizes, it restricted the tenants that represented a large part of the marketplace.
Expertise. Intuition. Ingenuity.
REAL ESTATE BROKERAGE
Do you have a lease or a planned purchase or idea that you’d love to bring to life? Since founding the business, we’ve provided our clients with a wide range of brokerage and consulting services. Our clients have ranged from twelve hundred square feet to tens of thousands of square feet. To find out more, get in touch. We are not only your agent, we are your advocate.
REAL ESTATE COMMUNITY SEGMENTATION
My clients are my number one priority, and my services prove just how committed I am to their success. Book an introductory meeting today to learn more about how I can make your business thrive in commercial real estate.
Interested in getting advice from an experienced and professional Real Estate Advisor? Call me today and see what I can do for you.