#United States #Tempus Realty #Industrial Property #Wausau

Tempus Realty Partners Achieves a Noteworthy Sale in Wausau

Tempus Realty Partners, a prominent commercial real estate investment firm headquartered in Arkansas, has made headlines by successfully finalizing the sale of an industrial property for a significant sum of $7.8 million. This sale marks an important milestone for the company, evidencing its strategic prowess in navigating the complexities of real estate markets.

Property Details

The sold property spans an impressive 100,756 square feet and is situated on 9.02 acres of land in Wausau, Wisconsin. Currently occupied by the Polywood Shutter Company, this site was acquired by Tempus in March 2023 for $7 million. The transaction signifies a successful investment move, as the firm held onto the asset for approximately 1.7 years, allowing for a substantial increase in value.

Not only is this property a vital component of Tempus' strategic portfolio—referred to as Portfolio 5—but it also stands as a testament to the firm's effective investment strategy within the commercial real estate sector. Portfolio 5 includes diverse properties located across Indiana, Colorado, Wisconsin, and North Carolina.

Strategic Insights

Dan Andrews, CEO of Tempus Realty Partners, commented on the transaction, emphasizing the firm's capacity to create value through innovative approaches and solid relationships with tenants. He stated, "This sale highlights our ability to navigate unique opportunities with tenants to create significant value for both them and our investors. It exemplifies the strength of our approach and reinforces how well-positioned, quality assets perform."

This successful sale also marks the first disposition from Portfolio 5, which is currently outperforming its projected targets. The firm remains proactive in evaluating further potential sales within this portfolio, demonstrating its commitment to maximizing return on investments for its stakeholders.

Tempus Realty Partners: A Leader in Real Estate Investment

Founded in 2016, Tempus Realty Partners has established itself as an investor-centric real estate investment partnership. The firm concentrates on acquiring and developing commercial real estate primarily in the South and Midwest regions of the United States. Their mission revolves around achieving superior risk-adjusted returns by capitalizing on unique real estate opportunities and forging strategic partnerships in key cities.

Over the years, Tempus has successfully acquired properties exceeding $1 billion spread across 25 states. This remarkable growth trajectory highlights Tempus' expertise and commitment to excellence in the commercial real estate landscape.

In conclusion, the recent $7.8 million sale of the industrial property in Wausau not only reflects the firm's adeptness in managing valuable assets but also underscores its dedication to fostering growth through strategic transactions. With an eye on further opportunities, Tempus Realty Partners is poised to continue making significant strides in the commercial real estate investment sector.