Integrated Real Estate Solutions, Inc.’s full-service commercial real estate and consulting services have helped numerous companies of various sizes across North America save money and time. Here are some success stories:
I. Lease or Buy?
Background: In 2010, a Chicago-area small business was 15 months away from the expiration of its commercial lease. With commercial real estate prices near historic lows, the company was interested in potentially purchasing property to replace its 10,000 square-foot leased location.
Action Steps: Integrated Real Estate Solutions, Inc. conducted an initial lease vs. buy analysis and market survey for the small business, identifying several potential locations and the capital investments necessary to complete the sale. While commercial sale prices were low, Integrated Real Estate Solutions, Inc.’s research showed that rental rates in the market were even lower. Leveraging these insights, Integrated Real Estate Solutions, Inc. negotiated an early lease renewal and extension on the company’s behalf.
Results: Integrated Real Estate Solutions, Inc.’s strategy saved the company $70,000 during the next five years, including $3,000 in annual maintenance costs and $10,000 per year in rent payments.
II. A Valuable Partnership
Background: Since 2007, Integrated Real Estate Solutions, Inc. has collaborated with a prominent national health care provider that is experiencing rapid national expansion. In the past, a company representative spent multiple days researching and scouting potential locations in unfamiliar markets, reducing productivity and hindering the company’s impressive growth.
Action Steps: Integrated Real Estate Solutions, Inc. recommended an ongoing representation relationship with this successful company that includes providing, commercial real estate analysis and strategies for potential markets and locations, and lease terms negotiation.
Results: For each new location, Integrated Real Estate Solutions, Inc.’s strategy saves this leading health care provider significant man hours per new location, outsourcing all lease negotiations and allowing the company’s business development team to concentrate on its core function: growing a successful enterprise.