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PARKING ADVISORS

Hammerschlag & Co., Inc. serves as parking advisors to developers, owners, investors, lenders, institutions, professional advisors, and managers of real estate assets nationwide. Having both an investment and operations perspective, Hammerschlag & Co., Inc. thoughtfully advises on regulatory matters, financial analysis, design considerations, construction issues, financing options, and parking operations.  Our knowledge and vast experience also allow us to provide operations and valuation expert witness services to legal counsel. 

 

Our parking advisory assignments have included but are not limited to: operational and functional design appraisals, financial evaluations, and RFP preparations and “auctions” for third party operations. We have orchestrated the implementation or conversion of numerous parking facilities into totally automated operations featuring automated vehicle identification (AVI), license plate recognition (LPR), online integration, and pay-on-foot equipment which promote extensive credit card usage and customer convenience.

26 Surface Lots - Downtown Roanoke, VA

26 Surface Lots - Downtown Roanoke, VA

Total Stalls: 1,569 Facility Type/Market Served: unattended automated self-park lots serving the entertainment district, retail, commercial, and residential buildings in downtown Roanoke. Year: Acquired in 2015, ongoing.

City Centre - Jackson, MS

City Centre - Jackson, MS

Total Stalls: 517 Facility Type/Market Served: office building with freestanding self-park garage.

55 E. Jackson - Chicago, IL

55 E. Jackson - Chicago, IL

Total Stalls: 240 Facility Type/Market Served: office building with commercial self park and valet garage.

10 East Ontario - Chicago, IL

10 East Ontario - Chicago, IL

Total Stalls: 204 Facility Type/Market: self-park garage which serves adjacent offices, retail and residential condominium tower.

500 N. Lake Shore Dr - Chicago, IL

500 N. Lake Shore Dr - Chicago, IL

Total Stalls: 500 Facility Type/Market: free-standing self-park garage which serves its residential tower with 500 apartments and Navy Pier activities.

Lake Point Tower - Chicago, IL

Lake Point Tower - Chicago, IL

Total Stalls: 245 Facility Type/Market Served: valet-assist for residential and public event parking within condominium building.

111 East Wacker - Chicago, IL

111 East Wacker - Chicago, IL

Total Stalls: 900 Facility Type/Market Served: office building with commercial self-park and valet garage. Year: Acquired in 1996 - ongoing

NBC Tower - Chicago, IL

NBC Tower - Chicago, IL

Total Stalls: 605 Facility Type/Market Served: office building with commercial self-park and two surface lots.

Presidential Towers - Chicago, IL

Presidential Towers - Chicago, IL

Total Stalls: 1,159 Facility Type/Market Served: self-park garage serving 4 residential apartment buildings with 2,200 apartments and integrated retail/office component.

727 W. Madison - Chicago, IL

727 W. Madison - Chicago, IL

Total Stalls: 370 Facility Type/Market Served: self-park garage serving a residential building, hotel and ground floor retail.

WHY CHOOSE HAMMERSCHLAG & CO., INC.?

Hammerschlag & Co., Inc. has more than four decades of experience serving as parking property advisors with practical know-how to help your project flourish. We’re more than advisors — we own and finance our own parking assets and, therefore, have a deep understanding and appreciation for the unique challenges a parking facility may encounter. The knowledge we bring to the table makes us the ideal choice when expert guidance on all matters related to parking properties is required.

We have served clients in Atlanta, Austin, Boston, Charlotte, Chicago, Denver, Houston, Indianapolis, Los Angeles, Miami, Milwaukee, Minneapolis/St. Paul, Nashville, New Orleans, Phoenix, Portland, San Francisco, Seattle, Washington, DC and other major metropolitan markets. To learn more about our expertise and how we can leverage it to help your next project succeed, please contact us.

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