7820 Pleasant Valley Road

7820 Pleasant Valley Road
Independence, Ohio 44131

PROJECT OVERVIEW

Fred Christie of Cushman & Wakefield | CRESCO Real Estate was retained by his client to assist in the search for a new headquarters facility for the manufacturing and distribution of soap products.

THE CHALLENGE

The client was leaving a smaller facility and looking to triple the size of the building. Initially they wanted to build this new manufacturing plant in a specific city and an exhaustive search was done looking for suitable land sites. During this process, the client determined that they did not want to own the facility, but preferred to sign a long term lease.

THE SOLUTION

We identified a financially sound investor/developer and involved them in the build to suit bid process. Through this process we decided to look at existing buildings as an alternative. We identified a building in a different city, pursued financial incentives and ultimately decided on that location. The investor/developer purchased the facility and modified it to meet the client’s needs.

RESULTS ACHIEVED

After more than two (2) years, the client moved into their new building. The client is extremely pleased with their new landlord and facility and anticipates future expansions.

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