Delaware County, PA Commercial Real Estate Agent Highlights His Million Dollar High-End Properties 06/15/2012

Delaware County commercial real estate agent Jeff Dowd has been involved in several million dollar transactions over the past decade, placing him among the top commercial brokers in the region.

Online PR News – 15-June-2012 – Media, PA – Delaware County commercial real estate broker Jeff Dowd (Associate Broker) at Zommick McMahon Commercial Real Estate, Inc. has racked up an impressive number of million dollar transactions in the past 10 years. Jeff has extensive experience in all aspects of the commercial property market, including office, retail, land and industrial. Some of his largest transactions have come from industrial properties, which have placed him among the area’s top commercial real estate agents. Delaware County, PA covers many local towns from which Jeff has recorded large transactions, including:

• Aston
• Broomall
• Chadds Ford
• Chester
• Clifton Heights
• Collingdale
• Darby
• Essington
• Folcroft
• Glen Mills
• Havertown
• Lansdowne
• Media
• Newton Square
• Springfield
• Swathmore
• Upper Darby
• Wayne
• Yeadon

“I have had the opportunity to be involved in over thirteen million dollars of “Sales’ transactions during my years as a commercial real estate broker,” Dowd says. “These transactions are far more complicated than your average real estate deal, and it requires someone with the expertise to deal with all the intricacies of such a transaction. I’m grateful that so many clients here in Delaware County have entrusted me as their representative when it comes time to buy, sell or lease their commercial property.”

Dowd is a Senior Salesperson/ Associate Broker with Zommick McMahon Commercial Real Estate, Inc, one of the best established commercial brokerages in the region. Being associated with them allows him to handle transactions of all types using some creative approaches, such as his proprietary tenant representation service, where he helps clients find the best leasing terms for their long-term property rentals. Dowd’s experience with one of the top firms in the area has also allowed him the opportunity to participate in 13 million dollar plus transactions.

“When a client signs on with me, they know that they have over a dozen years of experience backing them, plus one of the top names in the commercial property business,” Dowd continues. “This has allowed me to work with many large clients and establish a track record that instills confidence in every new client I work with. They know that no matter what the size and scope of property they’re trying to buy or sell, they have an expert on their side who’s done it before.”

Some of Dowd’s notable million dollar plus transactions in Delaware County, PA in the past ten years include:

• 2300 W. 4th Street – Chester, PA 19013 (SOLD – $1,035,000.00)
• 2nd St & Kerlin Street – Chester, PA 19013 (SOLD – $1,200,000.00)
• 1100 Ave. of the States & 1200 E. 12 Street – Chester, PA 19013 (SOLD – $1,015,000.00)
• 301 W. Baltimore Pike – Clifton Heights, PA 19018 (SOLD – $2,000,000.00)
• 217-219 Clifton Ave – Collingdale, PA 19023 (SOLD – $1,100,000.00)
• 63 North Union Avenue – Lansdowne, PA 19050 (SOLD – $1,275,000.00)
• 217-219 West State Street – Media, PA 19063 (SOLD – $1,300,000.00)
• 101-103 West State Street – Media, PA 19063 (SOLD – $1,425,000.00)
• 16-18 Baltimore Pike – Springfield, PA 19064 (SOLD – $1,690,000.00)
• 52 S 3rd Street – Upper Darby, PA 19026 (SOLD – $1,512,500.00)

Currently, Dowd’s active million dollar listings include:

• 20-22 N Church St, West Chester, PA 19380 (SALE PRICE: $1,395,000.00)
• 1240 Chester Pike, Eddystone, PA 19022 (SALE PRICE: $1,300,000.00)
• 2320 Haverford Rd, Ardmore, PA 19003 (SALE PRICE: $1,995,000.00)
• 8001 Lansdowne Ave, Upper Darby, PA 19082 (SALE PRICE: $1,500,000.00)

Even in a challenging real estate market, particularly on the commercial side of things, Dowd has been able to put together deals, especially with high-end properties that can often be quite difficult to move. Dowd believes he can help his clients no matter what the market conditions, because of his combination of experience and commitment to the success of his clients.

“In my 12 plus years in the commercial real estate business, I have seen every type of market condition you can think of. But through it all, my approach is the same; I employ every effective form of marketing imaginable, and I work tirelessly to insure that my clients get results. This, I believe, is an intangible you will not get with most other brokers.”

For more information, go to http://www.JeffDowdRealEstate.com

About Jeff Dowd Commercial Real Estate Agent Media PA:

Jeff Dowd is a Delaware County commercial real estate associate broker with 12 years in the business. Jeff currently serves as senior salesperson and Associate Broker for Zommick McMahon Commercial Real Estate, one of the top names in the industry, serving the area since 1949. During Jeff’s career, he has handled numerous multi-million dollar transactions for big name clients, and has been involved in virtually every aspect of the commercial properties market.

Delaware County Commercial Real Estate Agent Helps Businesses Find Affordable Office Space 04/14/2012

Delaware County commercial real estate broker Jeff Dowd is leveraging his extensive experience in the business to assist companies with his tenant representation service.

Online PR News – 14-April-2012 – Media, PA – Delaware County, PA commercial real estate agent Jeff Dowd has a proven track record of nearly 12 years in the commercial property business. During that time, he has been consistently among the top commercial broker’s in Delaware, Montgomery, and Chester counties of Pennsylvania. Jeff has handled numerous large transactions with property involving everything from industrial complexes to retail space to restaurants to vacant land. Jeff has handled multi-million dollar transactions for several well-known area entities such as Citizen’s Bank and University of Pennsylvania.

In recent years, one of the areas Jeff has been focused on is helping businesses with office leases coming up and/or those who are looking to relocate to another office building or complex. The reason for this is simple; prices for commercial office space have dropped over the past few years, giving businesses opportunities to save money when they decide they want to relocate.

“The commercial office market is currently overbuilt, meaning there is an abundance of available space, especially in Delaware County,” Dowd says. “And while this is not great news for owners of office buildings, it can be a boon for a company out there that is looking for a new home at a better price.”
Dowd believes he can save companies a lot of money and help them find the ideal location for the type of business they operate.

“In many cases, I’ve been able to help clients save close to 40% over what they are paying on their present leases,” Dowd continues. “For example, businesses that are currently paying something like $20 per square foot can often find something that is comparable and reduce their rate down to around $13 per square foot. For a small one person operation, this may not add up to much, but for larger companies that are leasing a couple thousand square feet or more, the savings can be significant.”

Commercial real estate agent Jeff Dowd helps businesses find affordable office space through his Chester, Montgomery, and Delaware County tenant representation service. Dowd provides several services for the businesses in helping them find a new location, including:

• Becoming their tenant representative
• Giving them a FREE in-depth list of all available properties in the area
• Lending his years of expertise in all aspects of the commercial market to help them find the ideal property at the right price

Dowd says that those who can benefit the most from his services are businesses with a need for more than 2000 square feet and a leasing term that runs at least 2 years.

“For businesses whose leases expire soon or are looking for office space in Delaware, Chester or Montgomery County, my tenant representation service may be just what they need. And the best part is that my commission is paid by the landlord, so interested companies receive my services free of charge.”

With prices for leased office space expected to remain low for the foreseeable future, Dowd’s tenant representation service may be quite helpful to many area businesses.

About Jeff Dowd Commercial Real Estate Agent Media Pa:

Jeff Dowd is a Delaware Co commercial real estate broker with almost 12 years in the commercial real estate business. Jeff currently serves as senior salesperson and Associate Broker for Zommick McMahon Commercial Real Estate, one of the top names in the industry, serving the area since 1949. During Jeff’s career, he has handled numerous multi-million dollar transactions for big name clients, and has been involved in virtually every aspect of the commercial properties market.

Top Media, PA Commercial Real Estate Associate Broker Records 50th Area Transaction Since 2002 05/10/2012

Media, PA commercial real estate broker Jeff Dowd has had a remarkable decade, recording 50 transactions in the area, far surpassing any other commercial broker.

Online PR News – 10-May-2012 – Media, PA – Commercial real estate agent Jeff Dowd has recently completed his 50th transaction involving commercial properties in Media, Pennsylvania for the past decade. This far surpasses any other commercial real agent/broker in Media and puts Dowd among the elite commercial agents in the entire Pennsylvania and Delaware regions.

“I am delighted to have the opportunity to serve so many businesses in the Media area over the past 10 years,” Dowd says. “And I’m thankful that so many have expressed confidence in my ability to leverage my experience in the business to get them the best prices and terms on their properties.”

Dowd brings a wealth of experience to the table-nearly 12 years in the industry. And in that time, he has dealt with every type of commercial real estate property, from strip malls to industrial complexes to office buildings to just vacant land. He’s not only a top commercial real estate agent, he’s also helped many businesses get the best leasing terms with his proprietary tenant representation service.

In the past decade, Dowd has sold or leased several well-known properties in the area. Some of his most notable leased Media, PA commercial properties over the past 10 years include:

• Citizen’s Bank – 2 East Baltimore Pike – Media, PA 19063
• University of Pennsylvania – Penn Care – 605 West State Street – Media, PA 19063
• Republic First Bank – 436 E. Baltimore Ave – Media, PA 19063
• WSFS Bank – 100 E State Street – Media, PA 19063(newly leased in 2011)
• Nationwide Insurance – 1044 N. Providence Rd – Media (Upper Providence Township), PA 19063
• Minute Man Press – 300 W. Baltimore Pike – Media, PA 19063

Among Dowd’s more notable commercial property sales in Media, PA over the past decade are:

• Joclyn’s Bar/Restaurant – 109-111 W. State Street – Media, PA 19063
• Hallmark (Former Location) – 101 W. State Street – Media, PA 19063
• Family and Community Services of Delaware County – 600 N. Olive Street – Media PA 19063
– 100 W. Front Street – Media, PA 19063
• Azie Restaurant, 217-219 W. State Street – Media, PA 19063
• Franklin Mint Credit Union (Former Location) – 101-103 West State Street – Media, PA 19063

In 2011 alone, Dowd handled several important transactions in the area. Some of Dowd’s 2011 sold/leased commercial properties Media, PA include:

• De La Salle’s (Knights of Columbus) 16-18 Baltimore Pike – Springfield, PA 19064: This building will be torn down in May/June 2012 and the site will become home to Miller’s Ale House sometime in late 2012 or early 2013.
• “Old” Media Borough Hall – 1 West State Street – Media, PA 19063: The Borough of Media hired Jeff to sell this building in 2011. The new owners recently opened Spasso’s Italian Grille.
• Locust Crest Tavern – 1192 N. Middletown Rd – Media PA 19063: The new owners of this property plan to open La Porta Restaurant in the near future.

Top commercial real estate (Associate) Broker Jeff Dowd has handled a remarkable number of area transactions, especially considering the buyer’s market we’ve been experiencing for both commercial and residential properties the past five years. Dowd employs all the traditional marketing techniques that other brokers use, but he believes that what really sets him apart is good old fashioned hard work.

“Virtually everyone in the business is trained on all the ‘latest and greatest’ marketing techniques, but at the end of the day, there’s no substitute for hard work,” Dowd continues. “I have the experience and expertise to handle every type of commercial transaction, but what really makes the difference is I’m available to my clients all the time. I never stop working for them, and the results I’ve achieved speak for themselves.”

About Jeff Dowd Commercial Real Estate Agent Media PA:
Jeff Dowd is a Delaware County commercial real estate associate broker with almost 12 years in the business. Jeff currently serves as senior salesperson and Associate Broker for Zommick McMahon Commercial Real Estate, one of the top names in the industry, serving the area since 1949. During Jeff’s career, he has handled numerous multi-million dollar transactions for big name clients, and has been involved in virtually every aspect of the commercial properties market.

Delaware County Commercial Real Estate Agent Describes ‘Perfect Storm’ in Present Market 02/13/2013

Delaware County PA commercial real estate associate broker Jeff Dowd sees a ‘perfect storm’ brewing in the market, making it an ideal time for businesses to buy into a commercial property.

Online PR News – 13-February-2013 – Media, PA – Delaware County commercial real estate broker Jeff Dowd from Zommick McMahon Commercial Real Estate, Inc. has more than a decade of experience in the industry. During that time, Dowd has worked extensively in every area of the commercial market, including retail space, office buildings, vacant land, and industrial properties. As a top Philadelphia area commercial real estate agent, Dowd has seen just about every kind of market imaginable.

As 2013 gets into full swing, Dowd says he has never seen a better buyer’s market, particularly for professionals and small business people.

“I believe right now is the “perfect storm” of market conditions for business people looking at buying commercial property,” Dowd says. “Right now, we are seeing low prices on properties, high inventories, and record low interest rates. We almost never have all 3 of these working in the buyer’s favor at the same time.”
For a business professional, Dowd believes there may never be a better time to buy a piece of commercial property.

“With these low prices and interest rates, and the wide selection of properties out there, a small business can find the ideal property and potentially save a lot of money on what they are currently paying for rent,” Dowd continues. “In addition, if you can find a property with an existing tenant (or two) to rent out part of the building, they could pay a large portion of your mortgage and put you in an even better financial position.”

of market conditions for business people looking at buying commercial property

Dr. Maureen O’Leary, PT, DPT, owner of The Vertigo Centre and one of Dowd’s client’s, recently purchased a 5,800 square foot building in Springfield, PA to move her office. Some very favorable conditions factored into this sound investment, including:

• A competitive sale price
• A 4.8% exceptional interest rate
• An existing tenant renting nearly half the building

“I’m confident that I made a smart business decision when I bought this property,” Dr. O’Leary says. “The rent I’m collecting helps to cover a portion of the mortgage and at the same time I can build equity in the property while paying less than when I leased office space.”

O’Leary acknowledges that she couldn’t have done it without Dowd’s expertise. “Jeff is extremely knowledgeable and experienced in the commercial real estate market. He guided me through the process, prioritizing and planning each step of the way, until we closed the deal. Most importantly, Jeff was trustworthy and dedicated to my best interest.”

O’Leary also worked with a solid group of experts assembled by Dowd, including a mortgage broker and an attorney. Among Dowd’s network of professionals is Attorney Joseph D’Alonzo at Michael F.X. Gillin & Associates. D’Alonzo often works closely with Dowd’s clients in commercial transactions to achieve the balance between protecting their interests and preserving relationships, making himself available to the clients around the clock.

“It’s important for individuals and small businesses to understand the pitfalls and variables associated with these relationships (being a property owner and leasing a portion of that property to a tenant),” D’Alonzo points out. “In these transactional relationships, you’re more than a landlord, your neighbors and you will be working side by side in a literal sense. So while you want your interests protected, you want the relationship between yourself and your tenant(s) to remain strong, which is achieved by a thorough understanding of the lease and what the expectations are, and projecting where you, as the landlord or even the tenant, want to be when the lease expires or is renewed.”

Dowd encourages small business people and professionals like Dr. O’Leary to take advantage of this market while it’s still here.

“We never know what the market will look like in a year, 6 months, or even 3 months. I would say that if you have been thinking about making the jump from a renter to an owner, give me a call and we can sit down and discuss your options. I know it’s an often over-used cliché, but there truly may never be a better time than the present to buy into your ideal commercial real estate property.”

For more information, go to http://www.JeffDowdRealEstate.com

About Jeff Dowd Commercial Real Estate Agent Media PA:

Jeff Dowd is a Delaware County commercial real estate broker with almost 13 years in the business. Jeff currently serves as senior salesperson and Associate Broker for Zommick McMahon Commercial Real Estate, one of the top names in the industry, serving the Philadelphia area since 1949. During Jeff’s career, he has handled numerous multi-million dollar transactions for big name clients, and has been involved in virtually every aspect of the commercial properties market.

Top Delaware County Commercial Agent Specializes in Creating Value for Landowners 02/05/2014

Jeffrey Dowd, associate broker for Zommick McMahon Inc., is not only a top area commercial real estate agent. He is also a specialist at helping landowners increase the value of their properties by locating an ideal tenant.

Online PR News – 05-February-2014 – Media, PA – Delaware County commercial real estate associate broker Jeff Dowd of Zommick McMahon Inc. is one of the top commercial agents in the region. With over a decade of experience, Dowd has worked in every area of the commercial real estate market, working tirelessly to match sellers with their ideal buyer. Another area Dowd specializes in is helping landowners increase the value of their property by finding the ideal tenant.

“One of the things a good commercial real estate broker does is help landowners find the perfect tenant to add value to their property,” Dowd says. “And that is exactly what we do here at Zommick McMahon. We are the liaison between the property owner and the tenant.”

Landowners are often unaware of the potential that their property may have. Some own vacant lots, while others have buildings that are no longer viable in their present location, such as an old gas station or drive-in movie theatre. Dowd can often find a new tenant for these types of properties, especially those in busier locations.

“Traffic light corners are the most valuable space, because the corner brings access from two different roads” Dowd continues. “A prospective tenant, particularly in the retail sector, will also want to study the traffic volume to find out if the property is likely to garner the level of exposure they are looking for.”

The quality of the tenant is another factor in building value for the landowner. The property is usually more valuable when occupied by a national chain, particularly one with AAA credit.

“What we are looking for is a well-established entity with top-notch credit that will come in with a triple net ground lease,” Dowd continues. “This means the tenant will not only pay the rent, property taxes, and maintenance, but will also pay the cost of the reconstruction needed to tailor the property to their needs.”

Over the years, Dowd has located tenants that have increased the net worth of several property owners in the area. A couple examples include:

• 2 investors paid $250,000 for a property with a “mom and pop” tenant. After this tenant vacated the property, Dowd brought in a well-known bank to occupy the space. The property is now valued at $1.5 million.

• Another property owner had 2 vacant office buildings in Media, PA. The owners paid $1.1 million for this property. Dowd found a health care company to come in and build a new medical facility inside the buildings. The owner refinanced the property after the leases were signed, and the bank valued the property at $4.8 million.

With the right piece of property and the ideal tenant, Dowd can help a landowner receive higher rents for their investments and increase their overall net worth.

For more information, go to http://www.JeffDowdRealEstate.com

About Jeff Dowd Commercial Real Estate Agent Media PA:

Jeff Dowd is a Delaware County commercial real estate associate broker with almost 13 years in the business. Jeff currently serves as senior salesperson and Associate Broker for Zommick McMahon Commercial Real Estate, one of the top names in the industry, serving the Philadelphia area since 1949. During Jeff’s career, he has handled numerous multi-million dollar transactions for big name clients, and has been involved in virtually every aspect of the commercial properties market.

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