Near-Zero Downtime: Land-Heavy Flex Building Quickly Backfilled With Motivated Tenant
Overview
- 7485 Ronson Rd, San Diego, CA 92111
- Land-Heavy Flex Building
- ±1.22 AC
- Landlord Representation
- Direct Lease
“Spencer represented us on the leasing of our land-heavy industrial property in Kearny Mesa. He quickly and successfully negotiated lease terms that met our objectives and exceeded expectations. His commitment to delivering timely and effective solutions greatly enhanced the financial performance of our property. I recommend Spencer for any commercial real estate advisory needs.”
For more information regarding this case study,
please contact:
Spencer Dok
Vice President
The Challenge
The landlord faced an unexpected challenge when the existing tenant decided last minute not to renew, leaving a fast-approaching vacancy. With little notice and limited time to execute, ownership needed immediate leasing results to avoid downtime and cash flow disruption.
Our Approach
Despite the short runway, we leveraged our specific submarket knowledge of active tenant demand and immediately engaged with a motivated prospect already searching for a land-heavy flex property. Within 24 hours, we arranged a tour, provided deal guidance, and positioned the parties to move quickly.
The Outcome
Within just a couple of weeks of learning of the upcoming availability, we executed a lease with immediate commencement - an excellent result given the last-minute nature of the assignment.