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Cres Solutions
Cres Cres

Success Stories

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Success Story - Just 4 Biz


Savings: $2,191,573
Profit: $86,000

Issues:

  • Decision to sublease shortly after occupying space due to loss of funding
  • Dramatic increase of sublease supply
  • 5-year lease obligation remaining
Results:
  • Aggressive marketing identified credit subtenant within one month
  • Achieved rent rate of $1.00 profit to Just 4 Biz for entire lease term
  • Favorable sublease provision allowed retention of profits and flexible sublease rights

"CRES provided a turnkey solution. Construction management services allowed us to move into subleased space quickly and have ownership of the tenant finish-out process."

-Greg Dahl, Vice President of Marketing
Storspeed

 
 
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