Syed Brokerage Capital Facilitated the Acquisition of 31,000 Sq Ft Retail Center and Secured Financing 87% of Total Project Cost



Syed Brokerage Capital Facilitated the Acquisition of 31,000 Sq Ft Retail Center and Secured Financing 87% of Total Project Cost

Syed Brokerage & Capital (SBC), a Certified M&A Advisory, acted as the exclusive financial advisor to A1 Schiller Plaza LLC, A1 Laundromat Inc. and A1 Dollar Store, Inc., newly-formed Illinois Companies created for the purpose of acquiring 31,000 sq. ft. multi-tenant retail center at 9276-9310 E Irving Park Road, Schiller Park, IL and starting and operating three new businesses. The retail center is anchored by Aldi and JP Morgan Chase Bank and included international franchises tenants like Dunkin Donuts, Subway, Jackson Hewitt and Boost Mobile Center, beside the several other local community businesses. The Buyer also intends to build and open new 4,000 sq. ft. laundromat, new 8,000 sq. ft. dollar store and build 2,000 sq. ft. pizza restaurant at the same location. SBC was also retained to procure the financing required to complete the acquisitions and buildout of three new startups enterprises.

Mr. Mehmood Syed, the principal and CEO of SBC performed an in-depth review of the assets, current operating trends and proforma profit-generating capability. Following this review, Mr. Syed advised A1 entities regarding asset valuation and sourced, secured and successfully procured the capital needed through a real property transaction.

The retail center was previously 50% vacant. However, with new startups the retail center shall be 100% occupied and it shall create 25+ jobs for the local community and shall help increase traffic to the retail center.

SBC was also responsible for the negotiation, documentation and coordination of the simultaneous closing of the asset purchase and funding transaction transactions of 3 new startups companies. Total project cost was $3,800,000 and SBC secured $3,279,000 to finance the total acquisition and construction project. With the assistance of SBC, the buyer’s equity injection was reduced to only 13% of the total project cost.

Syed Brokerage & Capital’s experts have extensive experience in Mergers, Sales, Lending and Investments. Syed Brokerage & Capital’s bankers have extensive experience in tackling the numerous issues that arise during the development of any transaction process. When asked about the secret of the company’s success, Mr. Syed, the President and CEO replied, “We invest the time and energy to comprehend our client’s exact situation so that all of the potential strategic and financial options can be evaluated and a clear game plan established. We leverage our expertise and knowledge to provide our clients with outstanding and high quality outcome.”

Mr. Syed has over 25 years of experience and considered an expert in consumer related industries, manufacturing, wholesale distribution, import/exports, convenience stores, petroleum and restaurants. He can be reached at info@syedbrokerage.com or by calling the office 224-548-8400. Visit the company’s website www.SyedBrokerage.Capital