Posted by: encon commercial real estate services | April 23rd, 2012
Golden Springs Computer Recycling
Signs Long-term Lease Chino, CA
March 2, 2012
Let’s not forget the and class industrial buildings that make great homes for distribution companies that operate on fast turn around with minimal needs for fancy office amenities and class image. Golden Springs fit nicely into what the industry calls a tough use on a warehouse, but has the funds to pay first class rents to fuel their fast paced expansion. Encon Commercial completed its third lease transaction for Golden Springs today at Lindsay Ct., Chino, California for 33,000 sqft at $0.33 gross per square foot per month with the first 5 months at half-rent. According to John Scatoloni, Managing Director of Encon Commercial Real Estate Services, ‘Matching client’s needs to buildings with those features, can keep our team focus on cost effective warehouses at rock bottom rates in distribution class facilities
Matching needs to features is difficult because tenants lean toward newer buildings with multi-docks, high ceilings and facilities in pristine condition. Who would not want that check list, but what we need to ask is, are all those extra features worth the rate? If these do not add up to more product or adding additional accounts, then search for older buildings lower rates. Where lower rates are found, you are guaranteed to find more savings in terms of fixed overhead costs and more money in the pockets of our company owners.
Call Encon Commercial on you next warehouse facility and save where you can in order to plan to expand.;