Professional Bio: Randall Forster

Professional Bio: Randall Forster

 

Randall has been a commercial real estate broker for over 12 years, all with The Martin Group. He holds commercial real estate licenses in Indiana and Kentucky. He has secured over 45 transactions, 19 of which have been business sales averaging over $1MM each. He specializes in Business Brokerage and Office & Industrial properties. 

 

Forster takes the title of “Advisor” seriously.  With over 100 years of combined commercial real estate experience within the Martin Group office, they are the team you want working for you.  As a “Top Ten” commercial real estate company, the Sperry Van Ness brand provides additional access to extensive market data, experts in every sector and segment of the market.  The Sperry Van Ness/Martin Group promises to put our clients’ interests first.  They do so by immediately marketing your property to the entire brokerage and investment community (nearly 100,000), and they promise to split commissions 50/50 with other brokers.

Forster’s completed transactions include an assisted living facility that sold at full asking price and closed within 45 days of listing. He was also hired by a competing broker to sell a challenging student housing complex which the owner (a commercial broker)  had tried to sell for 2 years.  Randall sold the property to a group HQ’ed in New York at near full price.  In the mergers & acquisitions arena, Forster brokered the sale of a medical testing lab to a large medical services provider.  This acquisition gave the new owner immediate and seamless entry into a business segment that they had been considering for some time.  Other medical related M&A transactions include a medical supplies & equipment distributor, an in-home elder care business, and a 58-unit assisted living facility ($5MM). 

Forster began his business brokerage and M&A career in 1998 when he launched R.O. Forster & Associates, a firm that he continues to operate. Commercial real estate and business brokerage often go hand-in-hand; however, an important consideration in business brokerage is how to market something that you do not want anyone to know about.  Forster will provide the confidentiality required to sell your business without jeopardizing your business in the process.   Forster’s expertise lies in the small to mid-market size businesses ($200,000 to $20MM).  He is an advisor to business owners regarding preparing their business for future sale, valuations for partnership transfers, and business planning purposes. Randall can also be a valued advisor for your next business acquisition.
Previously Forster was the Marketing Manager of the Retail Division of North American Green; and, prior to that he held a sales/marketing position with Procter & Gamble for 22 years. He comes from a family of small business owners and understands the concerns and challenges of business management and owners.

 Visit Randall Forster’s ICREX Agent Link page.

Education / Licenses:

Indiana Real Estate License – 1999

Kentucky Real Estate License – 2001

Ball State University – BS – Marketing 1972

 

Professional & Civic Service:

Indiana Commercial Board of Realtors

National Association of Realtors

Chamber of Commerce of SW Indiana

Chamber Small Business Advisory Council

Chamber of Commerce Ambassadors, 2000 – 2005

SVN Office & Industrial Team

Downtown Evansville Rotary

Tri-State Food Bank, Board of Directors, 1993 – 1997

Habitat for Humanity of Warrick County, 2000 – 2003

 

Personal Interests:

Randall and his lovely wife of 38 years, Nancy, have adult 3 children and 5 grandchildren.  They attend Crossroads Christian Church in Newburgh, IN.  Interests include travel, golf, snow skiing and grandkids.

 

Partial Client List:

(business sales highlighted)

Trilogy Health Services – CRE w/ALF business

RecoverCare – industrial lease

Subway Development –location acquisition

Evansville/Vanderburgh County Regional Airport – lessor

Raben Tire Company  – industrial lease

PostNet – franchise business

Great Steak & Potato – franchise business

Unifirst Corporation – industrial lease

Palmer House ALF – CRE w/business

Ramada Inn – CRE w/business

Godfather’s Pizza – franchise business

Killian’s Office Products – business

Premier Electric – business

IBM – office lease

St Clair Student Housing – CRE/business

Unique Cleaners – business

Joe Mama’s Pizza – CRE w/business

Medical General Corp. – business

G.S. Robins – industrial lease

Cross Pointe Wesleyan Church – special lease

The Goodie Shoppe – business

Four Rivers Health Care – office lease

US Dept. Defense  – office lease

Indiana Auto Salvage – office lease

Classic Shades – industrial lease

Amy’s Market – C-Store business

Pizza King – retail lease

Gundi’s Restaurant – CRE retail/business

Iridium Search – office lease

Mobilex USA – office lease

Dr. A. Strobel – office lease

Sun-Light Motel – CRE w/business

D&M Towing – CRE

Doc’s Bar – CRE w/business

Dr. McGlothan Eye Surgeon – medical office lease

United Components – office lease

Quick Mart – C-Store w/business

Little Cheers –  restaurant business

 

 

via bus-opps.com