Quick Close, Big Win:
Back of the Yards Begins New Era
Coldwell Banker Commercial McGuire Mears & Associates recently closed an exciting deal at 1901 Beloit Ave in Janesville, successfully representing the buyer and seller of the Back of the Yards/Back Bar property.
Challenge
Coldwell Banker Commercial representatives Adam Shultz and Bill Mears were tasked with finding a buyer for the storied Back of the Yards property. This unique offering, spanning nearly nine acres, included two baseball fields, roughly 18,000 square feet of warehouse space, and a 9,000 square foot live music venue and bar, formerly the Back Bar.
ACTION
Adam Shultz and Bill Mears tackled the challenge by strategically marketing the property and engaging with the local community. Their proactive approach yielded multiple offers within 30 days, leading to a swift agreement with a motivated buyer.
RESULTS
- Successfully negotiated a quick close sale, a total of just 75 days from list to close.
- Helped a neighbor expand their operation and allow for a large amount of potential future growth on the nine acres.
- Assisted the seller in maximizing the value of the real estate when it became time to move on from the property.
TESTIMONIAL
“Adam and Bill did an excellent job leveraging multiple buyers for the property which allowed us to achieve aggressive terms and a quick, seamless sale. I would highly recommend the Shultz Mears Coldwell Banker Commercial real estate team for any unique commercial real estate sale you may have.”
-Diane Kerman, Owner