Case Studies
Motorola
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Size: +330,000 SF
Property: Diablo Center
Lease Type: Sale and Lease-Back
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2900 S. Diablo Way
Tempe , AZ 85282
- Real Estate Type: Office
Requirement
Sale and Lease-Back
Challenge
The Coppola-Cheney Group was faced with a complex transaction of selling a 29-acre facility consisting of 4 buildings totaling 330,000 SF while leasing back 245,000 SF to Motorola
Solution
The Coppola-Cheney Group helped select the right buyer on the first try who closed ahead of schedule. The Coppola-Cheney Group’s versatile knowledge of all product types and a regional perspective on sale trends allowed their client to maximize profits in minimal time
Benefits
- Motorola relied on C2’s expertise to dispose of a unique combination of office, light assembly and lab space
- The Coppola-Cheney Group’s versatile knowledge of all product types and a regional perspective on sale trends allowed their client to maximize profits in minimal time
- Provided Motorola with needed capital in a wave of downsizing due to selecting the right buyer on the first try
