In March 2020, Michael Spain and Jason Finch with Bradford Commercial Real Estate Services were tasked with leasing up Commerce Flex Park which was only 74% occupied at the time.
Bradford took over the listing assignment right before the start of COVID-19 and was tasked with leasing a property with significant vacancy including several units that were vacant for 12+ months along with significantly increasing the rental rates
Bradford worked closely with the construction management team to make spaces that have sat on the market more marketable by using their extensive knowledge of the market and making cost effective improvement recommendations.
In addition, we significantly enhanced the understanding of the project for prospective tenants and brokers by successfully separating the marketing materials for the office and flex sections at the project.
Lastly, Bradford conducted and aggressive boots-on-the-ground approach to speak with tenants in the surrounding area to showcase the property. Bradford brought the occupancy to over 98% by early 2021.
