Southern Tire Mart engaged Michael Bennett, Vice President of Industrial Services for Cresa, to solve for the following requirement:
Double the size of their current location
Relocate within 3 miles of the current facility to maintain the existing workforce
Find landlord willing to allow truck maintenance and tire changing inside of the building and in the truck court
Results
Through Cresa’s Occupier-Only Proposal Process, Michael was able to attain the following results for Southern Tire Mart:
Negotiated favorable terms for client by leveraging market knowledge and creating competition between Landlords in the market
Secured STM’s favorite choice of available sites, over a national credit tenant
Doubled STM’s footprint and truck court in the new 67,000 SF facility
New facility located within two miles from the current space - no employee loss
Michael was extremely responsive and had our best interest at heart during the negotiation process. They worked very hard to get STM the space we needed.
David Tolbert | Executive of Sales Southern Tire Mart