I am writing to express my appreciation for the outstanding tenant/buyer commercial real estate consulting services provided by you and Summit Commercial over these several years.
You and your Summit colleagues, Guy d’Amecourt, John Duffy and Gordon Nielsen spent a good deal of time and patience assisting us with our search to purchase a mixed use property with flexible zoning for our Pepperdine University Washington, DC campus. You collectively negotiated on our behalf what we know to be a much “better than market” deal and did so in an aggressive controlled manner.
The result has been our successful purchase of 2011 Pennsylvania Avenue, NW; an 8 story mixed use, multi-tenant office and residential property with great visibility and signage. Summit has also been invaluable in helping Pepperdine to lease up vacant space within 2011 to a select group of office tenants at terms that allow for our required expansions within the building. Pepperdine now realizes a healthy net operating income as a result.
I will continue to highly recommend all of you and summit to my higher education and business colleagues and look forward to our working together for many years to come.
Executive Director Real Estate Operations