Securing a Swift Lease for Shaw Industries: A Strategic Warehouse Case Study

When Shaw Industries urgently needed additional space to accommodate their expanding operations, the Finem Industrial Group was tasked with a challenging but critical mission at 164 Bettis Academy Rd., Graniteville, SC. This case study explores the steps taken to secure a rapid lease under complex circumstances, enhancing both the property's value and its marketability.

Client Challenge

Shaw Industries was in a race against time to find a suitable warehouse space. The desired location was already occupied by the landlord, and the competition was stiff with multiple other sites in consideration. The need for a quick cleanup and securing of the premises, complicated by the global impacts of COVID-19, added layers of complexity to the task. Additionally, negotiations had to be swiftly conducted with a corporate board of directors, setting the stage for an intense leasing challenge.

Action Steps

1. Quick Action: We immediately reached out to Shaw upon learning of their space requirement to express readiness and capability.

2. Gathered Data and Media: Our team quickly assembled all necessary property details, including drone photography, custom floorplans, and building specifications, to capture Shaw's interest and prevent them from moving on to another location.

3. Lease Analysis: We conducted a thorough analysis of comparable properties to establish market-rate lease terms, which were then proposed to the landlord.

4. Represented Landlord: Negotiations were meticulously handled to ensure the landlord achieved the best possible lease rate and terms, enhancing the property’s value.

5. Executed Lease: Continuous and timely updates were provided to Shaw to assure them of the landlord’s commitment and ability to deliver the space within the required timeframe.

Value-Added Results

The result of these swift and decisive actions was the successful leasing of the property to Shaw Industries, a development that significantly increased the building’s value for potential investors. The secured lease not only provided immediate cash flow but also improved the marketability of the property for future sales, thanks to the presence of a reputable national tenant.

Client Testimonial

"As a broker, my role involves constant interaction with building owners and tenants, maintaining a pulse on their needs and market opportunities. For Shaw Industries, the urgent requirement for space matched perfectly with the available property at 164 Bettis Academy Rd. Our proactive approach and ability to quickly mobilize resources resulted in a mutually beneficial arrangement for both the landlord and tenant. This successful lease underscores our commitment to providing top-tier real estate solutions." - John Eckley, Finem Industrial Group