DeAngelis Diamond
FINDING A DIAMOND IN THE ROUGH:
Lease Management
Lease Abstracting
Financial Reports
Tax & Operating Expenses
Negotiations
Proposals
Lease Contracts
Dispositions
Acquisition Contracts
Sale/Leasebacks
Office, Industrial & Retail Facilities
Regional, National
International Headquarters
Research & Development
Life Sciences
Warehouse/Distribution
Manufacturing
Retail/Restaurant
Land Sales
A DEANGELIS DIAMOND HEALTHCARE GROUP SUCCESS STORY
Challenge
DeAngelis Diamond Healthcare Group was in need of establishing a Nashville office. After reviewing the market the decision was made to focus on Franklin, TN. At the time of this selection Franklin had a 2% vacancy rate with very little product and rental rates increasing every 2-3 months. Their build-out would be more contemporary and open which lead to a search for shell space that could be developed with their branding and be move-in ready by the end of summer.
Action
After reviewing options in the Franklin market there were three identified for review. Of these options, only one was a shell space and had other proposals in submission. After continuing to work with their strong credit and understanding to address the build-out personally, this helped to get negotiations underway. After creating the space plan, the owner required a detailed review and minor modifications to the layout and ultimately approved the concept that DeAngelis Diamond replicated from their other offices.
Result
Saved over $90,000 over the term of the lease.
Achieved contemporary design for their brand.
Signage on the exterior of the building for space less than 10,000 SF.
Occupancy opportunity by August, 2016.