Testimonials

Broker Testimonials | Seller Testimonials | Tenant Testimonials

Broker Testimonials

“Cambridge Hanover immediately provides the broker with a quick answer on their level of interest.  Combine that with their financial capabilities and support of the brokerage community and they become the top of mind buyer for my deals.”

“Representing an institutional seller, I recently worked with Cambridge Hanover on their acquisition of a Class ‘A’ three building property in Atlanta, Georgia.  Although the complex was 92% leased to two tenants, numerous prospective buyers were unwilling to take the credit risk on one of the tenants who occupied 52% of the space.  Additionally, both leases were set to terminate at the same time, leaving lenders and buyers with cold feet.  Despite these hindrances, the seller was unyielding on their price because of their cost basis.  Cambridge Hanover separated themselves from other prospective buyers due to their focus and persistence. They took an exceptionally creative approach to analyzing the risk and asset use alternatives.  The seller was confident in Cambridge Hanover’s ability to close based on prior transactions and ultimately closed for their desired price.”

“Having worked with Cambridge Hanover on the sale of one of their properties in Raleigh, North Carolina, I can easily say that they did what they said they were going to do with respect to all aspects of the transaction.  Not only did we work closely with them to identify improvements to help facilitate the sale and maximize the sale price, but they promptly responded to all of our inquiries regarding the property and provided us with all of the necessary information and documents needed.  In the end, the process went very smoothly and without incident. Their level of professionalism saves us time and makes our job easy.”

“I worked with Cambridge Hanover on a long term lease for FedEx Office and Print Services in Boston, MA.  The location currently serves as the central production facility for FedEx Office, servicing all the retail locations in the Metro Boston area.  The lease involved major upgrades to both the space FedEx would come to occupy and the entire building, including the design and installation of major HVAC and electrical upgrades.  Cambridge Hanover also committed to undertake a major redevelopment of the property, converting the building into a first class high-tech flex office building.  After having difficult negotiations with other building landlords, I was pleased with their responsiveness, decisiveness, and focus.  I worked closely with them throughout the entire process, and the tenant is now enjoying a long term 10 year lease in the newly renovated building.  Cambridge Hanover gets the job done.

“We worked closely with Cambridge Hanover to put together a simultaneous purchase and partial lease of a 220,000 square foot distribution facility in central New Jersey.  Although we had an excellent credit tenant in hand, the buyer under contract could not perform.  Fortunately, we found Cambridge Hanover who reacted quickly and was able to complete their contract, lease negotiations, and due diligence within thirty days, enabling the tenant to obtain the space they wanted.  Cambridge Hanover ended up with a solid investment having an immediate income stream as well as additional upside potential.  I am happy to report that as a listing broker, we were compensated on both the sale and the lease and kept the listing on the balance of the vacant space.  A true ‘win-win’ situation for all parties.”

“So many buyers get under contract with no intention of closing unless everything lines up right or they can re-trade. Even if they close, it is often a painful and time consuming experience for both the seller and the broker. I have been involved in several deals with Cambridge Hanover and when they get under contract — no games — they close.”

Seller Testimonials

“We worked closely with Cambridge Hanover in the sale of our Gateway Lakes properties located in St. Petersburg, FL. They worked conscientiously throughout the due diligence process and exemplified professionalism. They took the initiative to contact me directly when the typical modes of communication between our counsels began to falter. Their efforts resulted in our bringing the transaction to fruition and on schedule.”

“Cambridge Hanover acquired one of our Bestfoods Baking Business surplus office/manufacturing/distribution facilities that also contained one of our very popular bakery retail outlet stores. We had already relocated the manufacturing operations to other plants, but wanted to retain the 100,000 square foot office and depot/outlet component of the facility, as the location continued to work well for us for those functions. They structured a 15 year lease for the portion of the property we wanted to hold on to, and rehabbed the office area while we were still in occupancy. The balance of the complex was converted into a high-tech flex building for leasing to third parties. Cambridge Hanover closed and renovated the property on an ‘all cash’ basis, and had the ability to handle all of the permitting, lease negotiation, and construction issues.”

Tenant Testimonials

“Since entering into a lease agreement with Cambridge Hanover in 1995 for their property in Orlando, FL, we have worked with the company for over 15 years. They are always readily available, extremely responsive, and work closely with us to resolve issues. If an issue is not clearly addressed in the lease or it is unclear whose responsibility a repair is, Cambridge Hanover is fair and cooperative in making sure that the problem is fixed and that our needs are met.”

“We have been a tenant of Cambridge Hanover for over 10 years and currently lease over 26,000 square feet in Shelton, CT. We originally entered into an agreement with them in 2003 for about 14,000 square feet, and as part of our occupancy needs, the building needed to undergo a complete transformation. Cambridge Hanover completed this substantial renovation, which included the demolition of the existing interior, the installation of an exterior curtain wall, and the design and construction of both office and specialized production spaces. Subsequently, we expanded into over 26,000 square feet in 2006. From the very beginning, we have had a strong relationship with Cambridge Hanover. Whenever an issue has arisen, we have worked together amiably and efficiently to find a solution, resulting in mutually beneficial resolutions. They are responsive and a pleasure to do business with.”

“After almost ten years in our current facility, I can honestly say that Cambridge Hanover has been a pleasure to work with and we would most likely not be here without their diligence and effort.  Upon finding this property, which precisely met our needs, Cambridge Hanover purchased the property and structured a short term lease which gave us the flexibility we needed to effectively operate.  They were not only accommodating, but did everything possible to make the deal work.  We have subsequently restructured the lease to extend the term in exchange for lower monthly lease payments which not only gave us security for the future but improved our cost structure.  We have enjoyed an extremely good relationship with this firm and highly recommend them based on this long-standing relationship.”