Real Estate Strategies Corporation Completes Distribution Center Lease Transactions on East and West Coasts
A Tale of Two Commercial Real Estate Markets for Global Manufacturer
Somerset, NJ – October 25, 2011 – (RealEstateRama) — Andrew Zezas, SIOR, President and CEO of Real Estate Strategies Corporation, announced today that the New Jersey based corporate real estate advisory and transaction services firm completed two distribution center lease transactions for a global manufacturing client in Fairfield, California and Andover, Massachusetts.
In the first transaction, Real Estate Strategies Corporation restructured a distribution center lease for its client, securing greater flexibility and reducing occupancy costs by over forty percent. In the second transaction, Real Estate Strategies Corporation relocated its client’s distribution facility from 140,000 square feet in Woburn, Massachusetts to a 42,000 square foot high-ceiling, maximum efficiency distribution facility on the Andover and Tewksbury, Massachusetts border.
“Real Estate Strategies Corporation’s service model maximizes its clients’ abilities to secure efficient and cost-effective distribution, manufacturing, research, office, and other facilities on flexible transaction terms anywhere in North America” said Andrew Zezas. He added “In the last two years, in addition to having achieved great successes for our clients in New Jersey, we’ve completed industrial and office transactions totaling over 1.5 million square feet in 19 North American markets outside the State, in both the U.S. and Canada. In this particular case, we’re happy to have achieved our client’s business and real estate objectives on both sides of the continent.” Mr. Zezas continued “On the west coast engagement, through aggressive negotiations and by applying our knowledge of local market over-supply to our client’s advantage, we achieved significant financial results for our client, a European based manufacturer of imaging products and chemicals. On the east coa st, by deploying our client’s own logistical criteria in conjunction with our intelligent transaction planning and execution, our client achieved extremely beneficial outcomes on various levels.”
About Real Estate Strategies Corporation
Real Estate Strategies Corporation is a respected corporate advisory and transaction services firm that provides thought-leadership, decision-making, planning, project management, and transaction execution services to finance and senior executives at management team-led public, private, and portfolio companies, and not-for-profit organizations. Under the leadership of its award-winning CEO, Andrew Zezas, RealStrat’s clients engage the firm when acquiring, disposing of, renegotiating, or enhancing occupied leased or owned real estate in New Jersey, Pennsylvania, New York, Connecticut, and throughout North America. By creating and executing Business DRIVEN Real Estate Solutions and identifying hidden Opportunities, RealStrat drives greater operational and financial performance in support of its clients’ stakeholder objectives, M&A requirements, and exit strategies.
In the current economic environment, RealStrat’s efforts are focused on uncovering, capturing, and re-purposing hidden liquidity and minimizing risk in its clients’ leased and owned real estate. The firm provides counsel as to competitive advantage strategies in preparation for the eventual economic recovery. Visit www.RealStrat.com. Read about timely commercial real estate issues at RealStrat’s blog at www.CorporateAdvisor.wordpress.com. Follow RealStrat at http://www.Twitter.com/RealStrat.
Real Estate Strategies Corporation is a major sponsor of CFO Studio and the sole New Jersey real estate sponsor of the NJBiz CFO-of-the-Year Award, Financial Executives International, and the ACGNJ CFO Forum.
