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Corporate Real Estate Services, Strategies and Solutions
CRE Fusion
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November, 2013
25 Newbridge Road
Hicksville, NY 11501
November, 2013
Accelerated was experiencing rapid growth and needed a new location. Their preference was to be near a LIRR train Station with easy access to Manhattan. This was for the purpose of an easy commute for their employees.
There were two train stations in Long Island with easy access to Manhattan that were located in an office environment on Long Island. These were Hicksville and Mineola. Our strategy was to initially focus on structuring a deal in Hicksville because that location was closer to the President’s home. We found two buildings in that market which met AIS’s requirements. We negotiated on both buildings simultaneously forcing them to compete against each other.
We were successful in not only negotiating a below market deal but a beautiful above standard build out as well. The owner was able to parlay that Buildout to subleasing enough space to be able to occupy the space rent free.
November, 2013
Accelerated was experiencing rapid growth and needed a new location. Their preference was to be near a LIRR train Station with easy access to Manhattan. This was for the purpose of an easy commute for their employees.
There were two train stations in Long Island with easy access to Manhattan that were located in an office environment on Long Island. These were Hicksville and Mineola. Our strategy was to initially focus on structuring a deal in Hicksville because that location was closer to the President’s home. We found two buildings in that market which met AIS’s requirements. We negotiated on both buildings simultaneously forcing them to compete against each other.
We were successful in not only negotiating a below market deal but a beautiful above standard build out as well. The owner was able to parlay that Buildout to subleasing enough space to be able to occupy the space rent free.
“
After meeting with several brokers, I selected Ross for two reasons. First, Ross’s focus on tenant-only representation gave me great comfort that there would be no conflict of interests. Second, I approved his strategy of creating an RFP and inviting prospective landlords to compete. Even though you are not an attorney, and not required to review the lease you did so anyway, pointing out items that were of concern.
”
Zaheer K. Master | President
Accelerated Information Systems