|CLIENT||CA Specialty Foods|
Site Selection & Market Research
Purchase vs. Lease Analysis
Market and Property Underwriting
|PROPERTY SIZE||55,420 SF Office & Warehouse Distribution Center|
|FINANCIAL BREAKDOWN||55% Savings|
CA Specialty Foods is a growing company based in Hollister, California. CA Specialty Foods, selected McKinney to assist with its expansion needs and to find a location that not only met the company’s growth plan, but also kept overhead as low as possible. McKinney Advisory Group scoured the market with CA Specialty Food’s needs in mind and created a solution that not only lowered overhead costs but placed the company in a better location in a building that allows for expansion and flexibility.
CA Specialty Foods needed to relocate from their current building to an updated facility to house their offices, service center, and distribution needs. Time was a major factor as the company needed to keep their production and flow of business to clients as uninterrupted as possible.
The McKinney team provided CA Specialty Foods with up front analysis of multiple locations, separate office/warehouse facilities, and lease versus purchase analysis at no additional expense to the client. Working on behalf of the client, McKinney leveraged the client’s reputation to secure a below market purchase price for a new facility in Hollister, CA. In addition, the McKinney team also coordinated all project management details bringing in experts, at no cost to the client, to ensure the renovation of the building would be completed effectively and on time.
Ultimately, McKinney succeeded in delivering the new owned facility at cost less than the client’s prior leased space, further adding to the client’s bottom line. Further, the new location also offers multiple buildings on site for future expansion.