Commercial Real Estate
Who is Lucent Commercial?
Lucent Commercial traces its origins to 2005 having worked with the premier area developer Midwest Expansion. Our Director of Business Development initially did construction project management for landlord and tenant built outs in strip centers. But this roll would grow into Vice President of Marketing where our Director would plug in his marketing background to market shopping centers all around the state to targeted national and regional tenants.
Over the years our Director would market and consult for area developers and property owners earning a reputation of being the behind-the-scenes dealmaker using creativity and marketing to fill spaces with fly-in tenants and buyers.
Lucent Commercial offers strategic partnerships, consulting, and brokerage services for NNN Tenants and commercial development. We focus on high visibility high traffic quality locations in Wisconsin.
Cutting-Edge Innovation
Lucent analyzes layers of data and relationships between successful brands or concepts site needs in centers as they apply to population centers, other demographics, and traffic counts.
Our Broker and architect met with a SIPs Panel representative at ICSC and were so impressed with the product’s launch speed and tight building envelope they flew out to the manufacturing facility to learn more.
ICSC Recon Las Vegas
Our Director of Business Development has attended ICSC RECON events nationally, and regionally with actual interpersonal conversations with national retail and restaurant corporate real estate representatives.
What sets Lucent apart is understanding what NNN tenants are seeking in their new locations, because tenants tell us. Because of this don’t try to sell tenants on sites that just don’t meet tenant criteria, our focus is on moving into new markets. Not pushing a listing.
Passion
Our Broker has worked in the past to activate and highlight space with Pop-Up art galleries around Wisconsin, working with several BID or Business Improvement Districts around the state to plan events to highlight trade areas as a volunteer.
Our Broker was invited to speak about Historic Tax Credits at the Capital in Madison. Wisconsin now matches neighboring states incentives.
Lucent brings value to commercial real estate
Lucent brings value to commercial real estate transactions. SIP panels are a great tool and ideal for some circumstances. If you are interested in unbiased information on how and when it makes sense to deploy Structural Insulated Panels, contact us.
If you are looking for something a bit more…concrete ask us about ICFs or Insulated Concrete Forms, a leave in place concrete form that when done right replaces crooked 2 by 4s studs and other materials and steps. Just like any other tool. ICFs are not perfect for every application. But when they are appropriate ICFs represent an extremely robust tool in a durable shell nearly impervious to fire, rot, or hurricanes/tornadoes. The building envelope is so well insulated and tight that ICF’s can cut heating and cooling expenses in about half.
The monolithic structure serves as a giant heat battery and can replace steal in vertical structures as well as the labor to fabricate, transport, and install steel. Institutions and hotels are among the best uses for ICF’s. But ICFs are not all created equally.
If you have considered using SIPs or ICFs in the past let us be a resource.
Commercial Property sales
We sell Net lease type properties and sites in Wisconsin and we shine in 1031 exchanges, nearly all our transactions are Starker or 1031 Exchanges and or private placement investment purchases, but we are happy to work with end users as well.
We sell development opportunities. We maximize return on high value sites plugging concepts in where they are missing. Going vertical.
Because of the frequent 1031s and development relationships we also broker better apartment developments and nationally branded hotels and waterfront development sites.
Commercial Property Leasing
We do not offer third party office, or industrial leasing.
We offer retail and restaurant site sales or leasing for sites that have great visibility and significant traffic with suitable parking or with willingness and ability to make the needed changes to bring the center up to national brand leasing standards as part of a redevelopment plan. The site has to have great highway access or be situated in a thriving retail pocket.
Can you convince people to buy bad ideas? We don’t think so, not for long anyway. What we can do is market and introduce the potential of great properties to the right people.
