Seamless Business Transition: from Edgerton to Janesville
Challenge:
A long-standing business owner in Edgerton, WI, faced the complex challenge of simultaneously selling their existing commercial property while needing to secure new industrial space to accommodate the relocation and potential expansion of their operations. The client needed a streamlined process to avoid business disruption and ensure a smooth transition. Finding the right buyers for their existing property and identifying suitable industrial space with favorable lease terms presented significant hurdles.
Action:
Mathew Rogers, the newest broker at Coldwell Banker Commercial McGuire Mears & Associates, stepped in to provide comprehensive support. Mathew took the time to thoroughly understand the client's timeline, financial goals for the sale, spatial requirements for the new location, and desired lease terms. He developed and implemented a targeted marketing strategy to attract qualified buyers for the client's existing property in Edgerton. Mathew diligently worked to identify and engage potential buyers, showcasing the property's value and negotiating effectively on the client's behalf, ultimately securing a contract.
Simultaneously, Mathew extensively searched for suitable industrial space in the Janesville area that met the client's specific size, layout, and logistical requirements for their relocating business. Leveraging his market knowledge and negotiation skills, Mathew successfully negotiated favorable lease terms for the client on two industrial spaces, ensuring they aligned with the client's financial and operational needs. Throughout the entire process, Mathew acted as a central point of contact, diligently coordinating communication between the seller/landlord of the existing property, the landlords of the two new industrial spaces, and the client, ensuring a smooth and efficient transition.
Results:
- The client's existing commercial property in Edgerton was successfully put under contract, after only three weeks on the market, meeting a crucial first step in their transition.
- The client successfully secured leases for two new industrial spaces, providing the necessary infrastructure for their business relocation and potential growth.
- Managing the sale and lease processes concurrently helped minimize potential downtime and disruption to the client's business operations.
- Mathew secured lease agreements that met the client's financial and operational requirements, contributing to the long-term success of their business in the new locations.
- The client experienced a significantly smoother and less stressful process by having one dedicated professional manage both critical real estate transactions.
Testimony:
"Working with Mathew Rogers was an absolute game-changer for our business relocation. He didn't just help us sell our old property, but also expertly navigated the complex process of finding and securing two new industrial spaces for us. His understanding of our needs and his negotiation skills were top-notch. Mathew made what could have been a very stressful experience surprisingly smooth. We are incredibly grateful for his dedication and hard work!"
- Arne King, Owner, Vico Plastics LLC