CLIENT

SEPI ENGINEERING & CONSTRUCTION
Raleigh, NC
17,000 SF

OVERVIEW

In 2002, Sepi Saidi founded a site/civil engineering firm, SEPI Engineering & Construction. From the beginning, Sepi was interested in a real estate investment that she would one day own and her company would become the tenant. Within 4 years she was ready to purchase her first property and subsequently opened offices in Charlotte and Wilmington with the assistance of Rich Commercial Realty. By 2012 she had outgrown the 11,000 square foot building she originally acquired in 2005 in Raleigh and thought she might want to sell that property and buy something larger.

RESULTS

A 6,000 square foot building next to the current location could be an option, though it was not actively listed for sale. SEPI engaged Rich Commercial Realty to explore the owner’s interest in selling the property. Rich Commercial Realty then researched market value, and other financial information that caught the seller’s attention. One of the key strategies that created the perfect opportunity to sell at that time was the expiring capital gains deduction.

“Experience with numerous lease and purchase transactions with Rich Commercial Realty provided the trust that enabled the confidence to ensure favorable results. I would not hesitate to recommend Rich Commercial Realty Company for the acquisition of lease or purchase properties that work for the long term success of any professional business.

— Sepi Saidi, President