Case Studies
Wal-Mart is the world’s largest public corporation, according to the Fortune Global 500 list in 2014. It is also the biggest private employer with over two million employees, and is the largest retailer in the world.
Berkshire Realty’s relationship with Wal-Mart began in 1998 when we were selected as the exclusive broker for the Central Florida market (Orlando, Gainesville and Tallahassee). Berkshire Realty’s responsibilities include all aspects of the site selection and development process including the analysis of residential growth and traffic patterns, tracking of competitive sales and company transactions, directing the civil engineers, land use and transactional attorneys and all other negotiations including even using discrimination on capital commitments for the client of up to $50,000. Berkshire also helped function as an ambassador to home owner groups, neighborhood associations, and all governmental authorities with an interest in the entitlement process including land sales and marketing reports provided to the Army Corps of Engineers.As of 2015, Berkshire Realty has opened 33 Wal-Mart Supercenters, 15 Neighborhood Markets (Wal-Marts grocery store concept) and 3 Sam’s Clubs totaling more than 5 million square feet including several multiple tract assemblages.
Chase Bank is an American multinational banking corporation of securities, investments and retail branch banking. Chase is the largest bank in the United States by assets with approximately $2.6 trillion (Forbes) and is the world's fourth largest public company based on a composite ranking.
Berkshire Realty's relationship with Chase Bank began in 2009 when they were selected as the exclusive broker for their market entrance to Orlando, Florida. Berkshire has was responsible for all aspects of site selection, trade area analysis and financial competition reports.The economic and physical requirements of Chase Bank locations have proven challenging in urban markets, but Berkshire Realty's extensive knowledge and capability secured more than a dozen key locations.Chase Bank is one of the Big Four banks of the United States with Bank of America, Citigroup and Wells Fargo. According to Bloomberg, as of January 2015 Chase Bank was considered to be the largest U.S. bank by assets.
Academy Sports + Outdoors is one of the largest sporting goods retailers in the nation, operating over 185 stores across the southeastern and midwestern United States.
It is owned by Kohlberg Kravis Roberts & Co L.P. (together with its affiliates, “KKR”), a leading global investment firm, and led by CEO & President Rodney Faldyn. Max Gochman started Academy Sports + Outdoors over 70 years ago when he opened Academy Tire Shop in 1938 in San Antonio, Texas. Over the last several decades, the company has grown substantially from its humble beginnings. Sales reached one billion dollars in 2004 and two billion dollars in 2007. Today, annual sales exceed $3.9 billion.Due to Berkshire Realty’s big-box retailer experience and our knowledge of the Georgia market, our team was selected as Academy’s exclusive representation for the roll-out of their new sporting goods stores in the State of Georgia. Our team analyzes demographic data, traffic patterns, existing sporting goods retailers and shopping patterns of Academy’s specifically targeted customers to identify and develop over 20 potential markets for new stores.The economic and demographic requirements of Academy’s distinctive growth plan proved challenging entering a new market, but Berkshire Realty has managed to help Academy open 12 new stores in Georgia and that rate has continued at 2 per year for the last 4 years. Due to the better than anticipated Georgia store sales, future plans call for the opening of 3 stores per year for the foreseeable future.