NATIONAL HOLISTIC INSTITUTE
The Challenge
National Holistic Institute (NHI) necessitated simultaneously expanding their portfolio locations throughout the Bay Area while consolidating its headquarters in Emeryville, California. NHI desired to acquire a headquarters facility in Emeryville to house all of its employees and students and also conduct a renewal vs. relocation analysis to ensure they were making the right decision. NHI had never owned commercial real estate before.
The Solution
Michael secured a satellite campus location in San Jose with the assistance of local brokers in the submarket. Michael spearheaded the acquisition of a new campus building, assisted in the negotiation of partnership agreements/lease agreements and conducted the interview process for an equity-partner and developer-partner. Michael coordinated interviews with project managers and general contractors. NHI is slated to commence construction on their project in Emeryville 1st quarter of 2008.
"Thank you for your outstanding assistance in helping us with our real estate planning and negotiating. Your ability to give straight, honest advice about how we can best serve our needs [which was sometimes counter to your own interest] is unique, valuable, and quite impressive. I would recommend your services to anyone who inquires."
Mason Myers
President
National Holistic Institute