Success Stories

Maximizing value for clients through strategic planning and innovative solutions from facilitating higher sales prices to transitioning business into passive income ensuring every client achieves their goals

Featured Success Story: Hopkinton Drug

A family-owned business where the pharmacist was ready to retire. I sold the property for a significantly higher price and, in addition, alleviated significate tax burden through multiple 1031 exchanges.

Sold Off-Market Business & Real Estate

Sold out of state property so the owner can invest in passive income property.

Passive Income Property

Their strategy shifted from actively managing a business to purchasing passive income property enabling them to enjoy earnings without the demands of working long hours.

Unlocking Hidden Value

Brigham-Gill Chrysler Dodge Jeep lost their temporary lease and required immediate location for new inventory storage. The high cost of the inventory required security for insurance purposes. At the time local dealerships were paying $ 40,000 per year per acre, plus the cost of security. McGovern Commercial Sales and Leasing LLC secured a purchase of 5 usable acres inside a secured facility on their behalf for a fraction of the cost to lease one acre for a year. It required a full understanding of the property and use restrictions.

New England Flower Exchange

The Boston Flower Exchange, an iconic landmark, lost its lease on Albany Street. The property was sold to a large developer for a mixed-use development. The Boston Flower Exchange has been in business for over one hundred years and supplies most major supermarket chains in the area. The relocation process has been long and difficult with many variables. The search to replace the Albany Street location while gaining consensus of the majority of venders has been a large undertaking. Identifying a property, large enough to accommodate 15 wholesale venders close to the airport. Boston has seen a large loss of industrial space due to large Lab space demand. Wholesalers work on low margins with high business volumes. It required a convenient location to maintain current sales volumes and profitability. All while finding a location considered female safe. Consulting with the local police enforcement and Market Basket security to ensure safety for vendors and employees. It was a two-year process to lease 64,000 SF located at 260 Second Ave in Chelsea Ma. Then signing a master lease and 14 subleases. The Boston Flower Exchange was reorganized into The New England Flower Exchange. “Thanks to the persistent and dedicated efforts of Kelly McGovern of McGovern Commercial Sales and Leasing LLC over two years, we have relocated to Chelsea MA “, said Gerry Cupp of Cupp N Cupp.

Buyers Broker for Retailer

Best of Boston Retailer wished to purchase a building in a regional market. They had worked with national brokerage companies and were unsuccessful in purchasing a property in this marketplace. They wanted visibility and an existing building between 10,000 to 20,000 SF. The former owner ran a business out of this location. The gross revenue generated from this location did not cover the cost of the mortgage. We made an unsolicited offer to purchase. It worked out favorably for both the seller and the buyer.

Seller Retirement 7-19 Washington St Natick

The owner wanted to retire and lease an old obsolete building. It required too much money to bring the property to code. He opted to sell his property instead of investing additional capital. The property was sold and made into a beautiful new Mixed-Use Development under constructions.

Industrious

As a Tenant Rep for Cosi’s, we identified and opened locations in Boston, Cambridge at South Station, Fidelity on Summer abutting South Station, High Street, Federal St, Kendal Square and suburban locations in Wareham, MA and Mansfield, MA. Several of these locations were some of the top performing franchises in the country.

Visionary

Walgreen’s King Street, Franklin, MA This location was a former school and part of revitalization of downtown. It brought new life to a vacant obsolete property.

Christian Science Tenant Representation and Buyer Representation to Acquire Location

Completed two deals acted as tenant representative to move their local reading room after their location caught on fire. Brought a buyer to acquire a building in Weston on the market for over a year.

Buyers Broker for Roger’s Piano

Successful Piano retailer wished to purchase property on Rte. 9. They needed good visibility, strong demographics and a solidly built building with consistent humidity to maintain their quality instruments. This property was off market.

Off Market Project Deals

A seller may prefer an off-market real estate transaction to maintain business confidentiality, protect employee morale, and prevent potential loss of sales during the selling process

446 Tiogue Ave Coventry Ri (Sold)

Regional successful restaurant chain owned one property that was geographically isolated
Running the restaurant and commuting made the business too time demanding
Sold the property off market in order to retain employees