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JOYCE VAN LINES
INDIANAPOLIS, IN
LEASE & RELOCATION
Joyce Van Lines is a full service, 48-state, independent moving carrier.
Company management had been negotiating its own lease renewal which
was fast approaching its 30-day expiration. Unexpected roadblocks in the
process prompted the company to seek Summit’s professional brokerage
services in order to locate a more appropriate location, negotiate lease
terms, and finalize a lease contract in less than a month.
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A P P R O A C H
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Understanding the urgency of the situation, initiated an accelerated plan of action:
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Day 1: scrutinize existing lease, assess the client’s requirements and possible scenarios, and complete a thorough property search
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Day 2: coordinate & conduct property tour and draft Letter of Intent (LOI) documents.
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Day 3—4: negotiate the business terms and guide the lease negotiation process. rental rate. In tandem with relocating Joyce Van
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Pursued varying scenarios to address company growth and resolve the challenging trailer staging issue.
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R E S U L T S
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The Summit brokers, Steve Schaub and Adam Stephenson, turned the entire process within 5 business days: from first call — through the property tour — negotiations — letter of intent — to signed lease agreement.
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Brokers secured an aggressive $116,600 TI allowance.
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Summit negotiated a below-market 5-year flat rental rate.
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In tandem with relocating Joyce Van Lines’ warehouse, Summit Realty Group also handled the disposition of company’s owned asset and came to terms on an offer within 2 weeks.
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