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Bare Escentuals

12/15/2017

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A broker contact of mine was interested in locating a distribution center for the company Bare Escentuals in Louisville, Cincinnati, or Columbus, Ohio. The target size was 300,000 square feet and it was a fast-track project; the company was hopeful that they could explore the best options in each city, could arrange for a two-day visit during which all possible locations could be physically inspected, and that within 30 days of site visits, a decision could be made.

I made all arrangements for Cincinnati, engaged team members for Columbus and Louisville, and in 24 hours, had the trip arranged, complete with meals en route. The tour took place flawlessly the last week of August and the company remarked later that every one of the 22 sites visited could have worked.

I arranged for the proper market information to be compiled and sent to the company to assist in determining which city would be chosen. Within a week of the initial tour, the Columbus market was chosen, and RFPs went out to two facilities at the end of September. The result? Leases were executed for occupancy in a Kirco facility in Columbus.


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Design Within Reach

12/5/2017

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A West Coast broker friend of mine contacted me about a high-end, slightly edgy, furniture firm, which was growing by leaps and bounds and needed to start thinking in terms of being less of a design studio -- and more a national player in the designer furniture business.

The firm, Design Within Reach, was a well-thought-of Bay Area firm with a global following, and it was evident from the beginning, that California was the wrong place for their distribution warehouse. The need, thought to be about 300,000sf, was more than a little dependent on shipments of furniture from Europe
-- but still had a very western U.S. clientele.

My broker friend, who was with Colliers at the time, commissioned the Toronto branch to do an exhaustive study
-- at their expense -- to determine the proper location within the continental U.S.

Cincinnati's Northern Kentucky Market proved to be "ground zero." so I went about the process of soliciting proposals from company-approved buildings and developers, all of which were thoroughly screened and vetted through multiple site visits and design approaches.

That September, leases were signed to occupy 216,000sf in a Duke Realty warehouse that was ideally suited for the project, and with the rapid growth, an iron-clad expansion option was secured.

Design Within Reach expanded into the remaining 100,000sf in their building, and the national distribution center of 316,000sf was off and running.




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    Case Studies

    A history of commercial properties Dave Noonan has successfully brokered and a glimpse into how he does business.

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    Air-Tite Windows
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