Houston, Texas based Williams-Meridian Companies
recently completed a successful trial of it's upcoming real estate
analytical platform using the firm's extensive market data and
geographic information systems (GIS) technologies for TierraStar Real
Estate, a real estate brokerage, economic development and commercial
development firm based in McKinney, Texas.
Using the company's rapid-deployment capabilities, Williams-Meridian
provided a comprehensive set of geospatial data, high resolution images,
demographic and income overlays, and land mapping tools to TierraStar
in conjunction with the firm's robust financial analysis methods.
Combining these elements into a customized platform, Williams-Meridian
enabled TierraStar to shorten its real estate land acquisition advisory
process significantly.
In a matter of only a few weeks after selecting Williams-Meridian, TierraStar
was able to review virtually every individual land parcel in the entire
San Antonio metropolitan statistical area, both privately-held and
government-owned, relative to its demographic trending strength, site
engineering capacity and financial viability from a return on investment
(ROI) perspective. By using Williams-Meridian's proprietary
technologies, TierraStar was able to rely on superior information sets
and market data, better advise its existing commercial real estate
client after months of using traditional channels, and complete the
company's real estate brokerage services within a substantially shorter
time. From initial project analysis to final cash closing on a large raw
land parcel by the commercial real estate buyer, TierraStar completed
its real estate services in only a few weeks using Williams-Meridian's
technologies.
Upon project completion the company's President, Philip Williams,
congratulated TierraStar by saying, "I believe that these technologies
will play an integral part in what I sincerely hope is a lasting
business relationship between Williams-Meridian and TierraStar, enabling
your firm with a significant advantage over the big brokerage firms
while we provide a level of service that far exceeds the traditional
approach taken by them."
Company Overview
Williams-Meridian Companies is a privately held, commercial real estate
development firm providing creative, full-service solutions to its
valued partners. Based in Houston, Texas, Williams-Meridian offers a
wide range of commercial real estate services to clients across the
nation, including real estate consulting, corporate real estate
strategies, leading or co-developing projects, or providing joint
venture equity on select real estate investments or development projects
across all real estate asset classes.
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