Case Studies
Owens & Minor
- The Need
- Strategically evaluate and secure expanded state-of-the-art distribution facility for Owens & Minor, a Fortune 500 company headquartered in Richmond, within close proximity to its newly constructed headquarters building.
- The Approach
- Survey market to identify potential locations, including sublease opportunities and buildings not actively on the market.
Develop package including an employee demographic study, detailed data of potential facilities, photographs and floor plans.
Conducted client inspections of "short list" of properties.
Request landlord proposals and analyze the business terms of each to determine total occupancy costs. - The Results
- Negotiated lease with on 113,530 SF high-bay facility at Enterchange at Northlake.
Lease finalized within ninety days of project start.
Secured location providing client a larger, state-of-the-art facility meeting current and future growth needs close to employee base and new headquarters.
Negotiated below-market rental rate with advantageous renewal and expansion options in new Class A industrial building.















