case studies

Project Background

• Lease 99,524 sf office/warehouse building that was a build-to-suit for and occupied by TRANE
• Minimize downtime and carry costs
• Minimize tenant improvement costs

The Challenge

• The building was serviced by a chiller system instead of traditional roof top units
• The office area was 40,000 sf that included 7,000 sf of mezzanine
• Nearly half of the loading doors were semi-dock instead of standard dock high doors

The Results

• Negotiated rental rate that was 11% higher than what the previous tenant was paying
• No downtime – the new tenant moved in the same month that TRANE vacated
• Limited the tenant improvements to just paint and carpet

The Team

Brian Pafford, CCIM

Executive Vice President
Managing Partner

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