Case Study Type: Office
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Protax Secures Relief for Bay Area Office Property
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All that you need to know:
Results Overview Protax LLC successfully represented a Bay Area client by achieving a substantial reduction in property assessment for their office building. This case demonstrates Protax’s expertise in responding proactively to shifting market conditions and navigating complex real estate valuation challenges. Challenge Despite maintaining near-stabilized occupancy, the office property was adversely affected by several unfavorable…
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Significant Tax Savings for a Premier Office Building in the Inland Empire
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All that you need to know:
Results Overview Protax LLC successfully appealed the assessment of one of the most prestigious office buildings ever constructed in the Inland Empire. Initially assessed at over $43 million, the property struggled in a challenging rental market, remaining largely unoccupied for several years as the owner held out for top-tier rents. Challenge Excessive vacancies from 2013…