Page 3 - UPG Industrial Piece
P. 3

Case studies









                                                                Overview of Assignment/Challenges
                                                                •  United Plastics Group was located in a facility to be condemned
                                                                  by the City of Houston.
                                                                •  The facility requirements and size needs changed during the
                                                                  course of market review.
                                                                •  Location was a high priority.

                                                                Approach/Solution
                                                                •  JLL provided various  market alternatives for United Plastics
                                                                  Group team review.
           United Plastics Group, Inc.                          •  JLL leveraged each option, developing competition among
                                                                  three landlords.
           +36,439 SF New lease
                                                                Result
           7865 Northcourt Rd – Houston, Texas                  •  United Plastics Group saved over 12% off quoted lease rates
                                                                  over a 7-year lease term.
                                                                •  A generous tenant improvement allowance was provided to
                                                                  accommodate specific/unique needs for the changing business
                                                                  (ie; HVAC, heavy power, office expansion, etc.).
                                                                •  United Plastics Group exited its current location in a timely
                                                                  manner before being forced out by the City.









                                                                Overview of Assignment/Challenges
                                                                •  JLL was retained as Wayne’s long-term service provider to solve
                                                                  its problems of inefficiency and overall lack of space due to
                                                                  significant growth.
                                                                •  Wayne occupied three separate spaces and desired a more
                                                                  improved and efficient office and warehouse layout.
                                                                •  Two years of lease term remained on each existing lease.
                                                                •  Limited space availability in the market.
                                                                •  Desired frontage for its new retail component of its business.

           Wayne Enterprises                                    Approach/Solution
                                                                •  JLL located a very suitable facility, not yet constructed by
           +121,533 SF New Lease                                  Liberty Property (Landlord/Developer).
                                                                •  Consolidation goal achieved, as well as retail frontage location.
           14300 Hollister Rd & 5500 N Sam Houston Pkwy W       •  Significant improved efficiencies for office and warehouse
           Houston, Texas                                         layouts through comprehensive and design process.

                                                                Result
                                                                •  Helped reduce leasing costs in year one by over 40%, inclusive
                                                                  of abated rent.
                                                                •  Quality timing: Building was delivered on-time and within
                                                                  budget.
                                                                •  Relocation timing was impeccable based on seasonality of
                                                                  business.
   1   2   3   4   5   6   7   8