WISEMAN COMPANY BUYS HILBORN BUILDING

September 28, 2011

CONTACT:           Doyle Wiseman 707.427.1212                                              

Doyle Wiseman, CEO of The Wiseman Company, announced today the acquisition of the Westside Professional Building in Fairfield.  “Our brokers, Kirk Hull and Scot Hunter, have been on the hunt for quality commercial properties for the past two years.  Most of those available were severely challenged.  They found this Hilborn Road property that had been taken back by Sterling Bank when the owner was unable to secure tenants for the building.  Within a short 30 day period, our team negotiated a new five-year lease with a major tenant, completed critical inspections, surveys and engineering studies and secured the capital needed for the all-cash purchase.”

The acquisition includes the 30,000 square foot 2480 Hilborn Road and the adjacent building pad, which will accommodate a new Class A office building.   This is the only zoned and approved office building site on the west side of the freeway.  The property was designed by Hilton Williams, a prominent Sacramento architect and developed seven years ago by one of Sacramento’s top developer-builders.  Construction materials and building details are of the highest standards.

Fidelity Title Company, Richard A. Whittaker, attorney at  law firm and  VITAS Innovative Hospice Care, a New York Stock Exchange company, occupy the ground floor.  Hull and Hunter are in discussions with an as yet undisclosed business to occupy the second floor. The convenient Westside location and expansive views make this one of the more desirable professional office buildings in Fairfield.

The new owner is Westside Professional, a California limited partnership.  While Wiseman would not disclose the purchase price, he did say that the properties’ value on the county tax rolls exceeds $10 million and that his partnership paid less than half that value.  “The price was severely depressed because of the previous owner’s inability to lease the property and the bank’s urgent need to sell”, Wiseman said.

The morning after escrow closed, building tenants were greeted by  the Wiseman property management team – Brian Wills, Renee Dalton and Adam Goodrich – who arrived with Jamba Juice treats for all Westside employees.  Needless to say, the tenants were pleasantly surprised and look forward to an enjoyable relationship with their new landlord.

The Wiseman Company (www. WisemanCo.com) is a full service commercial real estate firm, founded in 1979 and based in Fairfield.  The company owns and operates Class A office buildings in Napa, Yolo and Solano counties.  For additional information, please contact Kirk Hull or Scot Hunter at 707.427.1212.

May 23, 2011 

FOR IMMEDIATE RELEASE

Contact:           Patti Magee, Executive Assistant

                          pmagee@WisemanCo.com

                             707.427.1212 

The Wiseman Company is pleased to announce that Marshalls of California LLC has chosen their flagship waterfront building, One Harbor Center, in which to re-locate their Solano county administrative offices. Matt Bracco of Cushman & Wakefield represented the Lessor and Kirk Hull of The Wiseman Company represented the Lessee in the transaction. 

Marshalls of California LLC is a division of The TJX Companies, Inc., which is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The Company operates 945 T.J. Maxx, 858 Marshalls, and 337 HomeGoods stores in the United States, 213 Winners, 82 HomeSense, 3 Marshalls, and 3 STYLESENSE stores in Canada, and 312 T.K. Maxx and 24 HomeSense stores in Europe. Their off-price mission is to deliver a rapidly changing assortment of quality, brand name merchandise at prices that are 20-60% less than department and specialty store regular prices, every day. 

The Wiseman Company is a full-service, commercial real estate firm offering brokerage, development, investment and management services to Solano, Napa and Yolo counties. For more information about One Harbor Center or any of our other Class A properties, contact Kirk Hull at 707.427.1212 or by email at khull@WisemanCo.com. 

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THE WISEMAN COMPANY USES “SOCIAL MEDIA” TO BUILD COMMUNITY
This full-service, commercial real estate firm utilizes popular online networking tool to provide tenants with community benefits

September 2009 – Imagine having a meaningful conversation while waiting for the elevator, closing a business deal with a company five feet outside your door or being privy to enviable discounts on wine, food or services all because well, you are a neighbor. These are the kind of interactions The Wiseman Company, a developer and operator of Class A commercial properties in the Napa, Solano and Sacramento areas, is creating through an innovative community building program. Within and across their properties, they are using LinkedIn, the popular social networking tool, as the catalyst and virtual meeting ground for tenant interaction.

“We wanted to provide the businesses and individuals who work in our buildings with an experience that’s sadly unfamiliar in most office buildings, community. All too often businesses remain secluded in their respective suites, not knowing their neighbors nor of the potential alliances that could be built by engaging them. We thought we could do better,” explains Doyle Wiseman, CEO of The Wiseman Company.

As the most successful social networking tool for professionals, LinkedIn was the first choice to host the project. Businesses in the Wiseman Community register their companies and their personnel on LinkedIn and then join The Wiseman Company group. There they receive updates from the property management team and learn about their neighbors through company profiles and postings.  They pro-actively engage in and host discussions about business trends or regional news, as well as posting questions, exclusive discounts and community building ideas.

So, why the departure from a traditional community newsletter?

“Social networking is not just a fun tool for college kids and celebrities anymore. With the ability to communicate across previous gaps in geography, language and access, companies now have a new arena to conduct business. It’s a place that’s relevant, adaptive and facilitates the formation of new profitable relationships,” says Paul Mabray CEO of VinTank, a tenant in one of The Wiseman Company’s buildings who understands first hand the idea of community. A “think tank” for the wine industry, they have hosted events in their Wiseman office in Napa where fellow tenants and outside interested professionals can come to network, taste wine, brainstorm and relax.

“The Wiseman Company has created a unique business community by interconnecting 1,500 professional men and women and over 100 businesses that work and office in Wiseman buildings. Ranging from gourmet cupcake purveyors to regional law firms, these companies are taking advantage of the opportunity to pitch their products and services and to interact with the members of the Wiseman Community,” says Doyle.

“This is just the beginning. As we continue to grow this community, we are focusing on companies that will provide and receive synergistic benefits. Just as two heads are better than one, image an entire community of them. Through this we are dedicated to bolstering the success of our community as a whole.”