Commercial Real Estate Experts

Fort Wayne Commercial Real Estate

Xplor is a boutique commercial real estate based in Fort Wayne firmly committed to providing each client with tailored solutions to maximize return through exceptional service.

In today’s competitive environment of commercial real estate, our knowledgeable professionals are here to help source opportunities for any property type, assess value, facilitate purchases and sales, advise management options, secure and retain tenants, negotiate leases, and navigate financing options.

Your Guide in Commercial Xploration

Allow us to navigate the industry for you through value-added services and optimal benchmarks.

Experts in Northeast Indiana

As the market evolves, so will our approach to tackling each project. You can trust our expertise to guide you through a top-level, personalized process.

Leaders in Market Research

Our modern collaborative approach sets us apart from the typical commercial real estate firm.

Our client centered approach

Philosophy

Building trust, developing long standing relationships and serving clients with respect are cornerstones for Xplor Commerical.

Effective communication and premier customer service are principles our professionals incorporate into each real estate transaction.

Our client centered approach is our North Star and helps us produce results that exceed expectations.

Our Team

Tom Deitche

Tom Deitche, CPM®

Vice President of Property Management

(C) 260.487.3699

tdeitche@xplorcommerical.com

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Neal Worden

Neal Worden

Associate Broker

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Joe Ernst

Joe Ernst

Associate Broker

Charlotte Tompkins

Charlotte Tompkins

Marketing Director

Xplor

Commercial Real Estate Terms

BROKERAGE DEFINITION

The term brokerage is often confusing. Brokers are real estate agents who have completed further training and met rigorous licensing conditions. The nature and scope of work that brokers take on is more complex, and because of this, the state requirements are more demanding.

A full-service brokerage agency can offer so much more than your average Realtor. Xplor provides buyer, landlord, and tenant representation and has the knowledge and resources needed to create customized solutions for your needs.

DEVELOPMENT TERMS

  • Site Selection - Xplor Commercial Real Estate helps clients make more informed site selection decisions and mitigate costs through securing economic incentives.
  • Due Diligence - We offer our due diligence development services and complete property surveys for companies seeking investment or strategic partnering.
  • Rezoning - Our commercial real estate brokers are well versed in local tax and zoning laws. We have our finger on the pulse of the current retail market and offer extensive market knowledge, financial analysis, property management, and more.
  • Negotiations - We manage negotiations for all types of projects, including office, industrial, flex, retail, medical and more. Commercial agents and brokers serve as the liaison between multiple parties in a commercial transaction, know extensive demographic and location information, and provide in-depth financial analyses to determine whether a property is suitable for their client's bottom line.

INVESTMENT TERMS

The Xplor team can facilitate all aspects of the acquisition or disposition process, from marketing and sourcing deals to providing property level assessments and financial analysis.

  • Acquisition - Acquisition is the process of gaining ownership or control of real property (real estate) or an interest in real property.
  • Disposition - A disposition is the act of selling or otherwise "disposing" of an asset or security. ... Other types of dispositions include donations to charities or trusts, the sale of real estate, either land or a building, or any other financial asset. Still, other forms of dispositions involve transfers and assignments.
  • Property Level Assessments - A property tax assessment is a professional estimation of the market value of residential or commercial real estate. Local governments use your assessment as the basis for calculating your annual property tax bill.
  • Financial Analysis - A financial analysis, according to Investopedia, is "the process of evaluating businesses, projects, budgets, and other finance-related transactions to determine their performance and suitability.

ADVISORY & TRANSACTION TERMS

  • Property Valuation & Advisory - Real estate appraisal, property valuation, or land valuation is the process of developing an opinion of value for real property. Real estate transactions often require appraisals because they occur infrequently, and every property is unique.
  • Risk Analysis – The process of assessing the likelihood of an adverse event occurring as a result of a transaction. Risk analysis seeks to identify, measure, and mitigate various risk exposures or hazards facing a business, investment, or project.
  • Market Research – Xplor helps you verify the price at which a property will be profitable for you in the long term.
  • Marketing & Promotion Plan – We create a plan based on our client's personalized consultation to define intended goals. We will identify logical users throughout the Midwest and focus on getting this property in front of them, including all major markets with fellow brokerage firms. This marketing exposure ensures that the right people are aware of what we have to offer.
  • Performance Audits and Reporting - Xplor uses performance audits to help companies understand how well they are doing in terms of their performance to make informed decisions about their practices.
  • Leasing Solutions – Acting as the leasing broker, Xplor will market the property for lease and negotiate lease terms with tenants.
  • Management Solutions – As your property management team, we are responsible for the day-to-day operations of the real estate, from screening tenants to arranging for repairs and maintenance.
  • Due Diligence and Transaction Tracking – We investigate facts about the physical and financial condition of the property and the area in which the property is located.

MANAGEMENT TERMS

  • Asset Life Cycle Planning - Utilizing our management knowledge, industry best practices, and the owner's long-term goals, a strategic plan for the buildings will be developed and implemented to meet benchmark goals.
  • Preventative Maintenance Program - A comprehensive preventative maintenance program will be utilized to ensure that the building's roof, mechanical, and exterior are inspected and serviced regularly.
  • Risk Management - Inspect buildings and properties to identify potential hazards and make appropriate recommendations to mitigate any possible threats. Xplor managers are trained and up-to-date with all safety policies and procedures.
  • Construction Management - Whether it is tenant improvement, space build-out, or capital improvement, we will define the scope of services, complete a competitive bidding process, negotiate contracts, coordinate contractors, budget analysis, vendor payments, and much more.
  • Vendor Management – Xplor performs screening, procurement, and assessment to ensure the best people maintain and serve the assets. This includes evaluating current contracts, competitive bidding, supervision, and contract management.
  • Property Condition Assessment - Regular comprehensive inspections of building interior, exterior, and mechanical equipment to ensure building & property are operating at their maximized potential.
  • Cost Management - Analyze, reduce, and sustain costs by competitive bidding, multi-property discounts, waste elimination, preventative maintenance programs, discount purchasing, and continuing re-evaluations.
  • Environmental and Sustainability - Assess and recommend sustainable practices to ensure strong, healthy, and efficient environments within and around your properties. We will advise if smart technologies, efficiency measures, or improved resiliency are viable options for your assets.

XPLOR MARKETING TOOLS

  • Build-out Property Database
  • Online CRE Syndications: Loopnet, ICREX, CREXI, 42Floors, Brevitas, Harken CRE, Leavitt Digital, OfficeSpace, Quantum Listing, RealConnex, RealNex, RealtyZapp, Rofo, Spacelist, theBrokerList
  • Target Email Marketing: Mail Chimp (2,000 Regional Industry Professionals) CREXi (20,000 National Industry Professionals)
  • Customized Print and Digital Brochures
  • Local and National Publications Targeted Press Releases, Property Highlights, Ads