SW Anderson Company
The Situation
A distributor and manufacturer of self-clinching fasteners, SW Anderson faced:
- An upcoming lease expiration
- A need for more warehouse space
- Tight budget parameters from the corporate office based on the current economic recession
The Approach
- Gannett Peak Partners (GPP) took time to understand SW Anderson's long-term growth plans and the locations they wanted to explore.
- Armed with this knowledge, GPP prepared a comprehensive search of alternative space options for SW Anderson to consider.
The Solution
- SW Anderson received three lease proposals from more than five lease alternatives.
- The rent structure of each proposal was compared along with the indirect benefits and challenges of each property.
- By leveraging the three proposals, SW Anderson was able to make an informed decision about its long term need for space.
The Result
- SW Anderson leased an additional 2,000 sf for the same cost as their existing location.
- SW Anderson received a "moving allowance" from the landlord, covering the entire cost of their move.
- SW Anderson saved time and money by having Gannett Peak Partners represent their interest.
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