5 Green Mountain Drive, Latham, NY
LEASE
Summary
In cooperating with a national brokerage firm, Tyler was able to secure Ferguson Enterprises as a long-term tenant within the facility. The local landlord was satisfied that Ferguson made significant reinvestment in their building to add a showroom and sales counter area in addition to warehouse and exterior improvements.
Deal Size: 88,000 SF
Tenant: Ferguson Enterprises
Situation
Opportunity to lease a warehouse outisde of the primary industrial corridors for the market.
Strategy
Work closely with Ferguson’s national broker to negotiate deal terms that were satisfactory to the tenant and landlord.
Result
After successfully negotiating a long term lease, Ferguson made extensive upgrades to the facility generating long term value for the landlord and tenant.