Fit Story
Helping Legs Transport Make the Right Move
CLIENT PROFILE
- Transportation company with expansion and loading needs
PERFECT FIT CRITERIA
- A location with a higher end image to help attract and retain top talent
- 3x more space
- Proximity to expressways
The Challenge
Legs Transport knew what it wanted from its new office space. The firm needed to triple its previous square footage to accommodate expansion while also meeting zoning requirements and attaining specific features, such as loading docks and 30’ warehouse clearance. Finding a location close to major highways was a priority, as was acquiring a more polished space to elevate the firm’s public facing brand image.
The Solution
We conducted a sale vs. lease analysis and concluded that leasing was a more advantageous option. Leveraging in-depth local market knowledge, we formed a shortlist of three options along the I-55 corridor. We then negotiated a lease on a space in a new construction building in Bolingbrook that was easily accessible from the interstate.
The Outcome
We brokered a deal with favorable terms which helped Legs Transport accelerate growth and minimize expenses. In first 12 months of its new lease, Legs Transport only had to pay rent at 50%. Then, during the second year, the deal called for rental rates to remain at 15% below-market value with the construction of a 4,000 square foot available custom office space. “This new location is exactly what we were looking for,” explains Legs Transport President Edwin Vingilys. “It gives us room to grow our staff and day-to-day operations, and it matches the corporate image we are trying to build.
“This new location is exactly what we were looking for. It gives us room to grow our staff and day-to-day operations, and it matches the corporate image we are trying to build.”
Edwin Vingilys
President, Legs Transport