CASE STUDY

This Case Study exemplifies how utilizing Wronka, Ltd. services, we can help you and your company in negotiating your commercial real estate needs. More additional case study-testimonials from Textron, Target, Siemens, etc.

Wronka, Ltd. Commercial Real Estate Advisors, based in Woburn, MA, announced the sale of 29 Montvale Avenue in Woburn, MA. Acting as the exclusive marketing agent and advisor for the sellers, Wronka Ltd. completed the $1.48 million sale of the 15,809 square-foot property to New Life Baptiste Church (formerly of Medford, MA). (October 2019)

 

“We were proud to play a key role in facilitating the sale of this versatile property in a very short time — it was under contract within days of being listed,” said Ernie Wronka, SIOR, CCIM, GRI and principal of Wronka, Ltd. Although 29 Montvale Avenue was listed as an office building, it had in the past served a number of uses. “Once it was listed, with creative marketing, it was in great demand by many looking to purchase their own property,” said Wronka. He also noted that for 40 years Wronka, Ltd. has specialized in sales and leasing of office, industrial, and development sites.

 

“Ernie Wronka is the best, most knowledgeable, and most experienced real estate broker that I have ever worked with in my 31 years in the real estate business,” said seller Tony Lin. “I’ve owned many rental properties and have had close to a thousand different tenants from various parts of the country and the world. I have also used many real estate agents including brokers in purchasing and selling rental real estate. Ernie’s experience is by far above all others. He has tremendous business acumen in anticipating many potential obstacles to a real estate transaction and he takes early preemptive steps to help facilitate a smooth transaction, as in the sale of 29 Montvale Avenue. He was able to help me attract the best potential buyers and sold the property for the full asking price within one month of listing the property. Ernie closed the deal almost two months ahead of schedule, which is rare in my experience. I would love to use a great broker like Ernie Wronka again on my next deal because he is the real estate expert who will help me to make another great real estate transaction happen.”

 

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Advance work makes the difference:

Wronka noted that his firm was able to close the sale within substantially less time than is usual for similar transactions because as an advisor they coordinated all the preliminary work including inspections before the property was listed and offered to the market. “We were able to tell prospective buyers that we were looking for offers immediately. We received four offers right away, for the asking price. Doing the advance work makes the difference for our clients.”

 

For nearly every transaction, and especially for the sale of the 29 Montvale Avenue property, Ernie Wronka handles and coordinates a range of tasks including:

·        Appraisal to obtain market value

·        Building inspection

·        Environmental studies

·        Financing

·        Fire / safety inspections

·        Zoning use approvals

 

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On the Montvale Avenue transaction, he coordinated the marketing program, consisting of multiple services that reach the entire Eastern Massachusetts real estate community. Through these efforts he attracted a half-dozen prospective buyers. He moved promptly to bring a completed offer to purchase, and worked with the lawyers for the buyer and seller to bring the property to an early closing.

 

Partner Marianne Wronka notes that their company works on building strong relationships and trust in the commercial real estate community. “A high percentage of our business comes from referrals and repeat clients developed during the years in Business,” she adds.

 

Wronka, Ltd. brings professionalism, knowledge, creativity and 40 years of experience in the commercial real estate industry to buyers and sellers, owners, and tenants. Founded on integrity, honesty, and the highest ethical standards, Wronka, Ltd. has developed strong relationships with a broad network of professionals to serve its clients. For more information, visit 2020 Wronka, Ltd. website .