Some leases are simple. This one was closer to an owner-user transaction in everything but name, which meant the stakes, and the problem-solving required, looked a lot more like a purchase than a lease.

‍

The Situation

We represented the tenant in a search for an industrial space of more than 137,000 SF. Given the scale of the commitment, the engagement functioned much like an owner-user purchase rather than a typical lease, which meant understanding our client's operational requirements in detail, not just their square footage target.

‍

The Challenge

Two issues threatened to derail the search entirely. First, zoning and planning division issues had to be worked through before the property could even be considered viable for our client's use. Second, and more critically, our client's operation required 1,600 amps of power. The building only had 800.

On top of that, the site's existing parking didn't come close to meeting our client's needs as configured.

‍

The Solution

Power capacity isn't something you can negotiate your way around, so we worked through creative solutions to bridge the gap between what the building offered and what the tenant required. We also designed a custom parking plan tailored to the property's actual constraints, rather than walking away from a site that looked workable everywhere except on paper.

Between resolving the zoning questions, solving the power shortfall, and rethinking the parking layout, we got our client into a building that fit their operation, in record time from search to close.

That's the kind of deal that doesn't show up cleanly on a flyer. It takes deep familiarity with how industrial tenants actually operate, a willingness to get creative when a property falls short on paper, and a closing process built for speed when the right opportunity shows up. That combination is what let us turn a building with real limitations into the right outcome for our client, on a record timeline.

‍

Deal Notes

‍