After determining a market based lease for the facility, Plante Moran Cresa marketed the facility as a 15-year net lease to unlock the asset’s value.
Wade Trim, a Detroit-based environmental engineering firm with 17 offices across the United States, enlisted Plante Moran Cresa (PMC) to assist in the sale and disposition of a 40,000-square-foot facility in southeast Michigan.
After determining a market-based lease for the facility, PMC marketed the facility as a 15-year net lease to unlock the asset’s value.
PMC provided Wade Trim with the resources and knowledge to implement a broad-based marketing program. Subsequently, the team identified, vetted, and ultimately selected a private capital buyer. After a successful due diligence period, the sale was closed.
With the help of PMC’s expertise, Wade Trim was able to effectively and efficiently carry out its real estate transaction through proper implementation of strategic planning, due diligence considerations, and sale-leaseback solutions.