Samsonite Corp Central Distribution Center

Samsonite Corp Central Distribution Center

Location

(Disposition-Leasing Case Study) Murfreesboro, TN
The Alliance Global Locations: UNITED STATES

Building Square Footage

629,000 SF

Transaction Timing

8 Months

Responsibilities

Leasing

Client

Samsonite

Leasing Overview:

The typical time-to-market for most commercial real estate transactions can range from nine to thirty-six months. In this case, we underwrote construction improvements and leased the entire facility within 8 months. While everyone wants their results “right now,” we must face the reality that it sometimes takes time to find the right pairing between Landlord and Tenant. In this case, we were able to find a national credit tenant for a property in only eight months.

Takeaway:

Alliance’s Consolidation Strategies Group keeps its finger on the pulse of governmental strategies nationwide, divestiture strategies group on disposition evolution, BTS, leasing and Capital Markets trade developments. Alliance’s track record speaks for itself and our Alliance Teams stand prepared to provide asset trade underwriting on all sectors.

Contact Alliance today to discuss your needs!