Redline Communications, a leading manufacturer of rugged broadband wireless products, has realized its vision of a more collaborative and productive environment. Once at risk of having to relocate—or worse—split its operations between two locations, the company called on Real Facilities, a commercial real estate firm that represents tenant rights exclusively. Real Facilities delivered a solution that not only extends Redline's lease to seven years at current rates, but includes a generous allowance from the landlord to reconfigure and design the new space, allowing the manufacturer to expand its operations within its existing building.
Real Facilities delivered these results using its FLOW™ real estate process to uncover a win-win opportunity—a soon-to-be available floor in Redline's current building. Real Facilities leveraged this opportunity against other credible alternatives for Redline's tenancy in negotiations with Redline's landlord to secure an extended lease at unbeatable rates and a significant allowance for renovation.