Central Business Solutions Corporate Headquarters
Situation
After years of leasing their space, Central Business Solutions was facing a lease renewal within the next year. Historically it was less expensive to lease, however the issue of ownership was before them. Central Business Solutions also had plans to expand their business. Needing more space, Central Business required lease management with its existing space, a needs analysis for the future and an analysis to determine whether leasing or owning would be more cost-effective.
Process
After performing a Lease vs. Buy Analysis we used our extensive databases and technologies to perform a site location analysis to find the right property for Central Business Solutions. To develop a plan to meet Central Business Solutions future and present needs we assembled a team that streamlined the building process. Two of the challenges we faced were building and moving Central Business Solutions into a new building and locating a suitable tenant to lease the remaining space. After identifying and coordinating with a builder to provide timely construction of a 12,000-square-foot warehouse/office building we began marketing the property to identify a tenant for the remaining space.
Result
Our detailed analysis determined that owning a building would be less expensive than leasing space. In a very short time a site was located and a professional builder contracted to build the 12,000 SF warehouse/office building.
"Larkin Commercial Properties is, by far, the most professional organization in their field. In dealing with us, they held themselves to high standards of performance and went beyond the line of duty to help us secure our building. They brought us every step of the way - and made us feel comfortable with the decisions we made."
John Wisnewski Central Business Solutions