Case Studies

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Glide Installations

• 1233 W Geneva Dr.
  Tempe , AZ 85282

• Real Estate Type: Industrial

• Square Feet: +/- 12,056

Project Overview

• Furniture installation and relocation company in need of storage and staging warehouse

Challenge

• Tight budget constraints
• Location parameters- needed to be centrally located
• Timing – needed space ASAP due to upcoming installation

Solution

• Identified off market option in tenants main area of desire
• Negotiated favorable sublease language should growth not continue
• Found option 50% smaller than they thought they needed because building had a secure storage yard. So they could store product outside and not under roof where they would pay on that SF.

Results

• Found perfect centralized location
• Came approximately 50% under budget due to creative use of yard.
• When tenant outgrew space negotiated, favorable termination due to tenant friendly sublease language.