Expanding Horizons and Making Connections
Industry News | Land & Industrial | Local News | NAI SunVista News
Keith Meyer, CCIM, SIOR, recently expanded NAI Maestas and Ward’s real estate horizons with the referral though affiliated NAI KRAIN of Guanacaste, Costa Rica on a coffee and avocado farm in Grecia Costa Rica.
Jeff Goode of NAI KRAIN will be the Listing Broker, working with owners Dave and Angela Wohlert on the sale of their 10-acre coffee and avocado farm with support buildings and an 1,800/SF residence. Dave and Angela split their time between their East Mountain Albuquerque home and their farm, which is 5,000/SF up in the Costa Rica mountains overlooking the Central Valley.
"It has been a tremendous learning and life experience,” said Keith Meyer. “While there are many similarities in real estate practice between the two countries, there are also some profound differences.” As an example, there is no Title Insurance as we know it in Costa Rica. There is a 13% transfer tax as well. And everyone communicates using WhatsApp.
“Learning about the coffee and avocado business and processing was also fascinating. Because of the high altitude of this farm, they are doing some experimental work on new coffee strains for some of the leading global brands we all know.”
“It is a great part of our industry we can work with professionals and companies from all over the world, and I expect to see more of this in the future.”
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NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 375 offices strategically located throughout North America, Latin America and the Caribbean, Europe, Africa and Asia Pacific, with 6,000 local market professionals, managing in excess of 1.15 billion square feet of property and facilities. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.
NAI Maestas & Ward Commercial Real Estate completed 408 commercial transactions in 2019 for a total commercial transaction value of $321 million.