Case Studies
Surgi Stud
-
2450 W 12th St.
Suite 2-3
Tempe , AZ 85281
- Real Estate Type: Industrial
- Square Feet: +/- 4,284
Project Overview
- Identify small manufacturing industrial space for start up medical device company with heavy growth expectations
Challenge
- Extremely tight market with virtually no product available less than 5k SF.
- Finding landlord willing to take more of a risk on startup group
Solution
- Identified landlord that specializes in smaller by product we needed
- Negotiated rights of first offer on all adjacent spaces and buildings
- Creative amortizing security deposit with on time rent payments
Results
- Found small space to achieve budget goals during crucial start up period
- Locked in below market rate with below market annual increases before industrial market exploded!
