Advisors in Action | 104 Longwater Drive

By Morgan Humphrey



104 Longwater Drive Is What Full-Service

Commercial Representation Looks Like In

Practice.

 

In November 2025, our advisor, Kerrick Pierce was brought on as the exclusive representative for 104 Longwater Drive — a 3,200 square foot industrial/flex condominium within the well-established Assinippi Park business community. The space offered a practical combination of warehouse capacity and a private office suite, making it well-suited for a range of owner-users and investors.

Kerrick made the connection with a growing local moving company. The warehouse component was exactly what they needed: a functional, accessible space that's positioned in a market corridor that served their operational footprint. Kerrick identified the fit and guided both sides through the transaction. The sale closed on March 27, 2026.

But the story didn't end there.

HBS LW 1

The moving company came for the warehouse, but the included office suite wasn't central to their business needs. This created a secondary opportunity. Rather than leaving the new owner to navigate that on their own, Kerrick stayed engaged after the sale closed, helping to position the office space for lease.

HBS Images 3

To reframe the suite for a different audience, the office space went through some cosmetic updates. The wall color changed from blue and red to a pearl white and silver gray in order to lay a good foundation for any type of business. Some new furniture was also added to go along with the fresh painted walls. What was incidental to the buyer became an attractive, move-in-ready option for a prospective tenant.

The lease closed on June 1, 2026, less than 10 weeks after the sale.

The timeline from exclusive listing agreement to fully leased property was roughly seven months. Within that window, the Ellis Realty Advisors team managed a sale process that led to an opportunity to deliver a leased asset where the owner previously had a vacancy. That kind of continuity comes from treating each transaction as the foundation for a longer relationship. Sellers who deserve a thoughtful process and buyers who benefit from an advisor who keeps looking for ways to add value after the deal is done.

Whether you're looking to sell, lease, or simply understand what your options are, the Ellis Realty Advisors team brings the same approach to every engagement: strategic, relationship-driven, and focused on outcomes that extend beyond the closing.

Get in touch with our team!

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