About Tim Reamer
Tim Reamer provides commercial real estate brokerage and consulting services specializing in investment property (multifamily | commercial | NNN), retail/restaurant site selection, and general commercial representation.
He has worked with national and regional brands to identify sites through lease and purchase negotiations; net lease investment transactions, and was recognized in 2012 for being in Top 5% of all agents.
Tim draws on his nine years in economic development; education in real estate finance and analysis; and practical experience in CRE investment to ensure clients are always well informed and aggressively represented.
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| Ruby Tuesday (111 Burgess Road) | ||||||||
| Brief: | Net lease investment purchased from Ruby Tuesday by California investor. Estimated cap rate of 6.75% to 7% |
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| Price: | $1,891,560.00 | |||||||
| Buttonwood Court | ||||||||
| Brief: | Two building multi-family investment in the Harmony Heights area of Harrisonburg. | |||||||
| Price: | $1,450,000.00 | |||||||
| George’s Foods (Collicello St) | ||||||||
| Brief: | Portfolio that included warehousing space on Collicello, office on North Liberty, processing plant on North Liberty. |
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| Price: | $618,200.00 | |||||||
| Neff Avenue Commercial Condo | ||||||||
| Brief: | 1200sf retail/office condo space in close proximity to Jalisco’s, All-State, and the Wishing Well. |
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| Price: | $165,000.00 | |||||||
| CarMax (South Main) | ||||||||
| Brief: | Former Dollas Hollar Ford on South Main Street purchased by CarMax. Development not expected in 2012. |
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| Price: | $2,900,000.00 | |||||||
| 206 South Avenue | ||||||||
| Brief: | Former Hop-In convenience store, most recently Southern Refrigeration, sold as warehousing space. |
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| Price: | $235,000.00 | |||||||
| 312 South Main Street | ||||||||
| Brief: | The Deyerle Office property and former residence at the corner of S. Main and Franklin. Sold at auction. |
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| Price: | $370,000.00 | *excludes buyer’s premium | ||||||
| Childtime Learning Center (Midlothian) | ||||||||
| Brief: | Net lease investment with co-representation by Cottonwood | Commercial. Cap rate of 8.87% |
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| Price: | $1,002,500.00 | |||||||
| 400 Augusta Avenue (Formerly Twiddy’s Grocery) | ||||||||
| Brief: | Formerly listed at $349,000 The 14,653sf former grocery sold at auction for $130,000 excluding buyer’s premium. |
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| Price: | $130,000.00 | |||||||
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