Napa Home and Garden
40,000 SF Distribution Relocation
Summary:
The owner of Napa Home & Garden inherited a lease agreement from a company they had acquired. They wanted to review the costs and logistical implications of relocating their operation. A renewal proposal was solicited from their existing landlord in addition to requesting proposals from several competing landlords to ascertain the market competitiveness for Napa's tenancy.
Results:
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Surveyed the largest industrial sub-market in the Atlanta area for all available space. |
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Utilized our knowledge of the existing depressed industrial market along with competitive bids from other prospective landlords as leverage against their preferred building. |
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Negotiated a below market rate along with six months free rent in the new facility. |