Waad Nadhir: BOSC Acquisitions and Developments

Waad Nadhir is a commercial real estate developer and the Co-Founder and President of BOSC Realty Advisors. Since 1989, BOSC has acquired, financed, leased, developed and managed properties throughout the United States.

Waad Nadhir4

Among the properties acquired, developed and managed by BOSC and its president, Mr. Waad Nadhir, are:

  • Multi-Tenant Retail and Medical

Topinka’s Plaza, Detroit, Michigan

Brea Plaza, Brea, California

Brea Imperial Plaza, Brea, California

Uptown District Center, San Diego, California

Ramblewood Square, Coral Springs, Florida

Denton Square, Denton, Texas

The Terraces, Rancho Palos Verdes, California

Laguna Hills Plaza, Lake Forest, California

Rancho San Marcos Village, Rancho San Marcos, California

Evergreen Plaza, Southfield, Michigan

Shoppes at Montclair, Montclair, California

Woodberk Medical, Berkley, Michigan

2160 Coolidge Medical, Berkley, Michigan

Beaumont Center for Human Development, Southfield, Michigan

  • Office and Parking Decks

30 Oak Hollow, Southfield, Michigan

The Dime Building, Detroit, Michigan

Financial District Garage, Detroit, Michigan

  • Single Tenant Developments

CarChoice/AutoNation USA Automotive Superstores in Lewisville, Texas, Sterling Heights, Michigan, and Canton, Michigan.

In 2017, on behalf of BOSC Realty Advisors, Mr. Waad Nadhir accepted a commendation from the City of Brea, months after accepting a Business of the Year Award from the Brea City Council.

Waad Nadhir – Tips for Business Professionals in Leadership Positions

Waad Nadhir is a commercial real estate professional who has been working in the industry for several years. He is the current Co-Founder and President of BOSC Realty Advisors, and he also serves as a consultant for Steadfast Companies. He understands that being in a leadership or managerial position can be difficult; here are some tips for people in those positions.

When working in a leadership position, you need to be able to lead with understanding and compassion. When you have an employee who makes a mistake, for example, don’t get overly upset. You need to try and understand why the employee made the mistake in the first place so that steps can be taken to avoid it later on.

Successful leaders or managers are also able to give their employees space when completing their assignments. Trust is key to being a good leader who is respected by his or her subordinates. Don’t micromanage your employees too much, but that doesn’t mean don’t check up on them at all. Trust your employees to do their work.

Being a leader also means making sure your employees are motivated and work well together. Team building exercises are a great way to ensure that your employees are comfortable with the people around them, and that they trust themselves in the work place. Figure out the best way to motivate your team of employees, and show that you care about how hard they work.

Waad Nadhir is a commercial real estate developer who is currently working in a leadership position, and has been for several years. He takes the time to manage his employees.

Waad Nadhir – Three Key Factors for Successful Retail Store Development

Waad Nadhir is an expert in property development living and working in Bloomfield Hills, Michigan. He is the President of BOSC Realty Advisors, which has consulting clients and developments throughout the United States. As a leader of the BOSC Group, Nadhir has acquired, financed, and managed several office and retail properties in the local community. Here are his three key factors for successful retail store development:

Location must have high foot traffic. Many retail businesses have moved online because getting consistent foot traffic to sustain a brick-and-mortar store can be difficult. Waad Nadhir says that finding a few areas in an urban area that could sustain many members of a business’s target audience is the first key to successful retail property development.

The overall size of the retail property must match the target audience in an area. Waad Nadhir says that in addition to location, the size of the property must be appropriate for the area. Communities with many large box stores will smother a small mom-and-pop shop, and a large retail space could be difficult to find community support for in areas that have many small boutique stores.

Correct Co-Tenancy. Sometimes foot traffic has as much to do with the neighbors’ stores as it does with your own. Stores that attract the same clientele or that attract many customers for any reason are good to have next to a new retail development.

Waad Nadhir has helped many retail development projects turn into thriving businesses.

Waad Nadhir – Rising Demand for Senior Housing

Waad Nadhir has helped companies respond to the rising demand for senior housing of all kinds across the United States. As the President of BOSC Realty Advisors, Nadhir has consulted with many developers in several different regions of the US. One of his most recent clients is Steadfast Companies, an organization with many property holdings throughout the Western United States. Nadhir has been helping Steadfast develop senior housing projects in Southern California that have to serve the community in specific ways. Nadhir has watched the rising demand for higher quality senior housing in recent years with great interest.

One obvious cause for the rise in demand for quality senior housing is that people are living longer, which means that they need places to live for longer. Waad Nadhir has seen new senior housing developments rise in his own community in Bloomfield Hills, Michigan in recent years for this reason. Because people of all income levels and backgrounds are aging, Waad Nadhir knows that senior facilities of all kinds are in demand everywhere. He has learned what different communities need in senior housing, whether it is less expensive rents, higher-end luxury facilities, or more medical services needed in facilities. New senior living developments are going up for people of all income levels and for all services needed.

Waad Nadhir has helped his community by developing properties in the Bloomfield Hills area and Southern California for many purposes over the years and he hopes that he can spread his expertise and skill to other communities as well.

Waad Nadhir – Three Things to Know About Retail Leasing

Waad Nadhir is a property developer based in Bloomfield Hills, Michigan. He has worked with many partners in the area to acquire, finance, and manage several properties in his community, including several retail properties. Nadhir has had success for many years as a developer, businessman, and consultant. He is now the President of BOSC Realty Advisors, based in Bloomfield. Here are three things he has had to get to know about retail leasing over the years:

  • Location. Let’s start with an obvious factor when buying, selling, or leasing property of any kind. For retail businesses, it’s all about foot traffic and what the neighbors are buying. If your store is out of place in a certain part of town, you won’t do as well as if you’re near similar stores. If you’re developing a retail space, as Waad Nadhir helps clients do, you have to consider what kinds of stores would do well in the new space.
  • LOIs. Letters of Intent (LOI) are the beginning of the negotiatio process. Both sides, developers and lessees, can negotiate the terms of the rental agreement, which at this stage is not yet set. The LOI is simply the terms of the proposed deal and the identification of the lessee and the landlord.
  • Types of leases. As Waad Nadhir knows, there are many different types of leases that could apply in a retail property agreement. The most common is the triple net lease, which means that the tenant pays a base lease amount, additional rent of the retail space, including insurance, taxes and takes care of maintenance issues.

Waad Nadhir has worked with many property owners and developers during his long career.