Case Studies

Tenant Sees Value for the 3rd time: Carolina Asphalt Pavement Association

Overview

Christie Barbee, Executive Director of Carolina Asphalt Pavement Association, is one busy woman!  She is constantly on the go and has little time for more than the priorities of the association she directs, especially when the NC Legislature is in session.  The need to deal with an office lease is a hassle and interruption she does not need!

Christie had utilized the services of Rich Commercial Realty on two previous occasions and knew the value they provided in streamlining the process of locating the best space to meet her needs.  She learned in October that the space she was leasing would not enable her to renew and therefore she would have to relocate.   She did not hesitate to call Rich Commercial for their expert tenant representation services especially since they would get the space in an area that was convenient and negotiate all the terms that would be attractive for her to sell to her board.  Proximity to the legislature was a key priority along with parking for her staff and her board without additional cost.

Results

After providing a market survey of options, Rich Commercial Realty located an option that perfectly met the requirements and was a considerably more efficient space than their previous location. Terms included free concessions, turn-key over-standard improvements and finishes, and other flexible terms important to the tenant. Within 90 days they relocated to their new offices at the historic Pilot Mill.   Their space required a spacious board room and the interior design provided a galley kitchen accessible to the board and the staff as well as a large gathering space showcasing an incredible view through the 10 foot historic window feature of the space.  Staff offices also have over-sized windows with views and plenty of free and unassigned parking.  Being only 5 blocks from the legislature makes for a nice walk on most days.

“Since they know us so well from previous representation assignments, Rich Commercial was able to identify options for us that really worked well.  They are definitely a critical vendor relationship we have come to trust that saves us time and money!”

-Christie B. Barbee, Executive Director, Carolina Asphalt Pavement Association

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