Northeastern Industrial Park, Guilderland, NY

Summary
Since 2014, Culberson has worked with Heritage Management in the successful leasing program which assisted in taking the vacancy rate from nearly 50% down to 0%. Culberson remains engaged in providing market insight and lease renewal activity. Heritage owns and manages millions of square feet of industrial space through out the Northeast. Providing local market knowledge with practical application has proven to be significant in the performance of the local portfolio.
Deal Sizes: 20,000 - 200,000 SF
Client: Heritage Management

Situation
Proactively manage upcoming vacancy and existing tenant renewals.

Strategy
Actively work with existing tenant’s to adequately adjust their space requirements and aggressively market upcoming vacancies.

Result
Culberson has been able to maintain a steady occupancy rate across the portfolio for ownership through his proactive approach.

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