Estridge Development-Seller Rep
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Estridge Development Company hired Ross Reller to represent them in selling 93 acres of land in Lawrence, Indianapolis. Reller negotiated with multiple buyers and ultimately sold the property to Monarch Beverage for $6 million, making it one of the largest property sales in Indiana in 2008. Monarch Beverage immediately began construction of a new $45 million headquarters and warehouse on the site. Estridge Development Company's president praised Reller for his professional services.
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Estridge Development-Seller Rep
- 1. TEAM ROSS RELLER Director of Land Services Indiana Region STATISTICS 93 acres One of the largest property sales in Indiana in 2008 SERVICES PROVIDED Seller Representation www.colliers.com SUCCESS STORY ESTRIDGE DEVELOPMENT COMPANY CHALLENGE Estridge Development Company needed to dispose of 93 acres of land located in Lawrence, Indianapolis, Indiana. STRATEGY Estridge Development Company hired Colliers International Senior Advisor Ross Reller, while at his former firm to represent the owner of the property over the years. Ross negotiated with a variety of buyers interested in redeveloping the site that was once slated for a pari-mutuel horse track. RESULTS Reller and Estridge Development Company sold the property to Monarch Beverage for $6,000,000, one of the largest property sales in Indiana in 2008. Monarch Beverage, the state’s largest wine and beer wholesaler, immediately began construction on a new $45 million, 500,000 square-foot headquarters and warehouse. “Ross, you are the perfect professional.” Paul Estridge, Jr. President, The Estridge Companies Accelerating success. Note: We have several professionals with substantial client transactional experience prior to joining Colliers International, which is included above.