Everyone we dealt with at Patriot was professional and responsive and it was clear your experience was key to meeting our aggressive timeframe. By closing this large and complicated transaction on time, we were able to meet the timing needs of our reverse 1031 exchange transaction. Now that we have settled on the transaction, we can look back and know that we made the right decision in selecting Patriot Equities as the purchaser of our headquarters campus. We look forward to continuing our relationship and being your tenant.
John Doshna, Jr., Asset Management Director, Darden Restaurants
...We had previously engaged with another National entity that made representations of disposition and professionalism which went unfulfilled. I continually felt undermined, and none of our Agreements were being met. With Patriot Equities, we negotiated the deal and closed in a relatively quick time frame. Your due diligence team was fairly transparent, and all requests were sound and reasonable. Finally, when some issues arose, we were able to meet, discuss and equitably resolve the same.
Dino S. Bazianos, VP, Corporate Real Estate Services, LandAmerica Financial Group
We had a 320,000 SF office and industrial complex on 18 acres in Towson, MD…the site presented a number of environmental, zoning and title challenges. Erik was resolute in working through all of the problems. He understood the marketplace exceptionally well and had a clear vision of what his reuse would be. Consequently, he did not engage in the usual developer techniques of uncovering a list of latent problems during the due diligence period and attempting to renegotiate the deal. Instead he held his original offer and closed on time.
James A. Sladack, Former Director of Real Estate, Honeywell
This transaction had the potential throughout to disintegrate due to its complexity of issues not limited to environmental, leasing and site planning. Your team clearly has the talent for dealing with people and situations when adversity appears and your skills were key to the successful close. Your team was also able to assimilate complex and confusing information to make good business judgments about what was important and what could be ignored. The timing of the close was important and you accommodated that by working through the myriad of challenging issues quickly and by not letting them impede the target date. In the years that I have been working real estate transactions this has been far and away the toughest deal I have tackled. It was a real pleasure working with your team and I look forward to our ongoing relationship as Landlord/Tenant.
Terry J. Wood, Director, WorkPlace Soloutions, JDS Uniphase Corporation
Sales of Fortune 100 companies’ corporate excess space is one of the most difficult real estate lines of business with constant moving parts and emotions. In the York, PA transaction, with the 16 people on our side, there were times we as seller needed you as buyer to be flexible - and “give in” on certain terms. You stepped up to the plate on every critical issue both during the contract negotiations and thereafter. There were also times in the beginning of the transaction when you asked us as seller to be flexible and give in - and we did so. You guys stuck to your word and closed on time. You delivered on your promises.
Gerard J. Staudt, SVP, Managing Director, National Dispositions Leader, Johnson Controls/YORK